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PMB490

Module 3 Required Resources

Articles

Conceptual Framework for Effective Implementation of ‘Project Management Institute’s Standard for Earned Value Management in Sri Lanka

Deniyage, C. J., & Palliyaguru, R. (2019, November 8). Conceptual framework for effective implementation of ‘project management institute’s standard for earned value management’ in Sri Lanka. In Sandanayake, Y.G., Gunatilake, S. and Waidyasekara, A. (eds) Proceedings of the 8th world construction symposium, Colombo, Sri Lanka. https://2019.ciobwcs.com/downloads/papers/WCS2019_19.pdf

  • This article discusses the lack of professionals and inadequate conceptual knowledge which were identified as the most critical barriers associated with the implementation process of the EVM technique in Sri Lanka.

Project Risk Management

Gachie, W. (2017). Project risk management: A review of an institutional project life cycle. Risk Governance and Control: Financial Markets and Institutions, 7(4-1), 163-173. https://pdfs.semanticscholar.org/77f3/e1bef7c9f71ff423e3e5eeb5711e31728c58.pdf

  • This article discusses Project risk management as a review of an institutional project life cycle.
    • Note: Under “Full text availability,” click the ROAD link, click the “Issues of the Journal” tab, click the “Volume 7” link, choose “2017 Issue 4 (continued1)” from the second drop-down menu, click the “Go” button, click the article link at the bottom of the page, and click the “DOWNLOAD THIS ARTICLE” link.

Review of Project Risk Management and Risk Assessment

Sulastri, L., Ady, S. U., Fitrio, T., Hapsila, A., & Surur, M. (2019). Review of project risk management and risk assessment. Journal of Environmental Treatment Techniques, 7, 1117-1120. https://www.researchgate.net/publication/338216288_Review_of_Project_Risk_Management_and_Risk_Assessment

  • This article discusses how risk assessment identifies processes, things, or situations that can harm people or organizations.

Your readings can be accessed via the Open Education Resources links provided.

Module 3 Optional Resources

A Guide to the Project Management Body of Knowledge (PMBOK® Guide)

Project Management Institute (PMI). (2021). A guide to the project management body of knowledge (PMBOK® guide) (7th ed.). Project Management Institute. https://search.ebscohost.com/login.aspx?direct=true&AuthType=sso&db=nlebk&AN=2942429&site=eds-live&scope=site&custid=natuniv&ebv=EB&ppid=pp_Cover

  • Reading the A Guide to the Project Management Body of Knowledge (PMBOK® Guide) (7th ed.) by PMI is essential for students interested in project management. It provides a comprehensive framework for effectively managing projects in any industry and is globally recognized as the standard for project management. Additionally, studying this guide can help prepare for PMI certification exams and advance career opportunities in project management.

The Standard for Risk Management in Portfolios, Programs, and Projects

Project Management Institute. (2019). The standard for risk management in portfolios, programs, and projects. Project Management Institute. https://ebookcentral.proquest.com/lib/nu/detail.action?docID=5755605

  • Reading The Standard for Risk Management in Portfolios, Programs, and Projects by PMI is beneficial for gaining an in-depth understanding of risk management in the context of project management. The book offers a standards-based approach recognized globally, providing reliable best practices in risk management. It covers a broad scope, addressing portfolios, programs, and projects, offering a versatile understanding of risk management. The book aids in professional skill development and can act as a stepping stone for career advancement opportunities and certifications like PMI-RMP. Ultimately, it provides valuable tools for navigating project risk management, leading to more successful project outcomes.

The Standard for Earned Value Management

Project Management Institute. (2019). The standard for earned value management. Project Management Institute. https://go.oreilly.com/nationaluniversity/https://learning.oreilly.com/library/view/the-standard-for/9781628256390/?ar=

  • The Standard for Earned Value Management by the Project Management Institute is a key resource for comprehending Earned Value Management (EVM), a method for measuring project performance. The book adheres to globally accepted standards and provides versatile methods for diverse industries and project sizes. Reading it enhances professional project management skills, aligns individuals with industry-recognized practices, and can aid in career growth by preparing readers for certification exams and higher-level project management roles.