PMI Bangalore Chapter

PM Essence 2016

PM Essence 2016 Newsletter
Did you know?

Did you know?

December 2016
Q. This is the report created whenever a stage/project plan exceed the relevant tolerance bounds.   A. An exception report is a type of summary report that identifies any events that are outside the scope of what is considered a normal range. Reports of this kind are employed in a number of settings, including the process of inventory reconciliation, project management investigation, and even employee assessments. Exception Report play a vital role in Management by exception. Management by Exception is a "policy by which management devotes it's time to investigating only those situations in which actual results differ significantly from planned results. The idea is that management should spend its valuable time concentrating on the most important items (such as shaping the company's...
Did you know?

Did you know?

November 2016
Q. This is an unintended break in a network diagram of Project schedule?   A. A basic scheduling rule is that every task should have at least one predecessor and at least one successor. The obvious exception is the project start milestone, which has no predecessor, and the project complete milestone, which has no successor. When a task lacks a predecessor and/or successor, in other words, a task missing required logical relationships, has a 'hanger,' which is an unintended break in the project network diagram. The problem is that the forward and backward pass calculations will be incomplete and possibly wrong because each hanger results in a roadblock for critical path method calculations.   [Source - Internet]    

DAPSU

November 2016
Formation of Defence, Space, Aerospace and PSU (DAPSU) Industry Forum PMI Bangalore India Chapter has been striving to spread knowledge & practices about Project Management across different sectors & industries. Karnataka has traditionally been a city of preference for Defence, Space & Aerospace. Research & Production establishments has a great track record of delivering programs of national importance. Now, with many other global multinational & private sector institutions putting their investments for setting up state of the art global scale facilities, this industry is expected to leapfrog in next few years.   With Defence & Space Industries tasked with strategic projects for the country, the success of their programs projects requires that the project man...
Members Corner

Members Corner

December 2016
Members Corner Membership Transactions:                       EEP Update: Members who missed to renew their membership post December 2015 can still avail membership fee benefit of $65 as part of Economic Exception Program, Renew your membership today. Appended is the list of few FREE web-based seminars (webinars) for December 2016, we have shared same list to your registered email; this is a good opportunity to earn PDUs and claim at PMI to maintain your credentials.       For more webinars, please logon to ProjectManagement.com with your PMI credentials. For any queries or suggestions, please write to Balakrishna Kasibatla, PMP, VP Membership, PMI Bangalore India Chapter at membership@pmibangalorechapter.org &...
Members Corner

Members Corner

November 2016
Members Corner Dear Members,   Membership Statistics: Our Chapter had 87 new members and 86 members renewed their membership in October 2016. On behalf of PMI Bangalore India Chapter, I welcome all new members and thank them for renewing their membership.   EEP Update: Members who missed to renew their membership post December 2015 can still avail membership fee benefit of $65 as part of Economic Exception Program, Renew your membership today.   Appended is the list of few FREE web-based seminars (webinars) for November 2016, we have shared same list to your registered email; this is a good opportunity to earn PDUs and claim at PMI to maintain your credentials. Member's Speak "Joined PMI Bangalore India Chapter as it provides Opportunities to work with fellow practitio...
Success Story – Chapter Membership

Success Story – Chapter Membership

December 2016
Success Story - Chapter Membership It takes immense pleasure in sharing that our Chapter has crossed 2500 members milestone in November 2016 and second highest in APAC region. It was during the Chapter's Strategy Meeting in the beginning of the year that the Board decided that Membership is one of the top three priorities for the Chapter. The Membership team has accepted the challenging assignment and started streamlining the existing process and has initiated lot of activities during the year which includes various membership drives. Some examples are, Welcome emails and Welcome kit to new members, Thank you emails to members who renewed their membership, Reminder emails to members who are due for renewal, Reminder calls from Chapter's associated call center, short verbiage on Chapter...
Community Event

Community Event

November 2016
PM Open Space Community Event PM Open space is one of the collaborative initiative by PMI Bangalore India Chapter and Corporate entities in ITPL & Whitefield Hub to connect with PM community on quarterly basis. The PM Open Space organises PM Industry Practitioners Event with the help of likeminded volunteers. These events provide opportunities of bringing together Project Management professionals to learn, share & grow. The event usually have a luminary speaker who covers topic about PM knowledge area from leadership perspective.   Till now this community has held 3 PM Open space events this is gaining lot of momentum. On October 13th 2016 PM open space event was organised @ ABB Global campus. Mr. Ashok Soota, Executive Chairman of Happiest Mind gave his talk on "Optimizing ...
PM Article: The Performance Metrics Series: The How and What through Five Favourite Quotes

PM Article: The Performance Metrics Series: The How and What through Five Favourite Quotes

December 2016
The Performance Metrics Series: The How and What through Five Favourite Quotes Suchitra Mishra Numbers tell stories – and metrics are the tools through which these stories get shape and substance. There are tons of performance metrics to choose from and the right performance metric for your business may not be the right one for mine. I have been asked many times on how to know when and where to introduce metrics, what the right metrics are, and how to work the metrics so that the metrics work for you. So through this article, I will try to answer these questions through another passion of mine – quotes! I LOVE quotes (as do the majority of people online going by the number of quotes shared every minute). Do you too get the feeling sometimes when you read a quote – ahh, I totally get t