Get yourself trained on PMP – Data with this Online Training PMP – Data Gathering & Project Selection Methods (PMBOK 6).
Online Training PMP – Data Gathering & Project Selection Methods (PMBOK 6)
Data gathering is the foremost technique employed in the project management process. Data collection techniques are used to gather information from a variety of sources. Before turning inputs into results, we often need to collect additional information. This course will highlight some of the common data gathering techniques such as brainstorming, statistical sampling and creating checklists. In addition to that, some of the project management methods are also discussed including internal rate of return, cost-benefit analysis and payback period.
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As a society, we spend hundreds of billions of dollars measuring the return on our financial assets. Yet, at the same time, we still haven’t found convincing ways of measuring the return on our investments in developing people.
And I get it: If my bank account pays me 1% a year, I can measure it to the penny. We’ve been collectively trained to expect neat and precise ROI calculations on everything, so when it’s applied to something as seemingly squishy as how effectively people are learning in the workplace, the natural inclination is to throw up our hands and say it can’t be done. But we need to figure this out. In a world where skills beat capital, the winners and losers of the next 30 years will be determined by their ability to attract and develop great talent.
Fortunately, corporate learning & development (L&D), like most business functions, is evolving quickly. We can embrace some level of ambiguity and have rigor when measuring the ROI of learning. It just might look a little different than an M.B.A. would expect to see in an Excel model.
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