About S.M.A.R.T Criteria and Its Implementation
The concept of S.M.A.R.T (specific, measurable, ambitious, realistic, time-bounden) procedures has gained acceptance and has been increasing in popularity from the past few years. One of the reasons behind this being the concept of S.M.A.R.T works on bringing clarity to achieve the company’s objectives - an essential factor for a project to perform to its optimal level and to increase the productivity.
What is the S.M.A.R.T (specific, measurable, ambitious, realistic, time-bounden) criteria/concept?
S.M.A.R.T criteria are usually credited to Peter Drucker's management by results/objectives concept.
S.M.A.R.T criteria emphasizes on the following objectives for corporates, departments and team:
• Specific: As the name suggests, company should try to find out the areas where loopholes exist or reasons why a project’s performance is not up to the expectations and target those areas for improvement.
• Measurable: Without knowing how project is performing or without any indication of the significant progress the project has made, it is difficult to understand in which direction the project is moving to and equally difficult to chart out the future plans. Thus, there should be quantifiable results or concrete indications on the progress of the project.
• Assignable: It is very essential to have a clear idea on who will do what, and based on the capability of the person, responsibility should be assigned
• Realistic: Plans should be realistic and practical in terms of the achievement with the available resources.
• Time-related: It is very essential to have a clear idea on when the results will be achieved.
Few essential aspects related to S.M.A.R.T criteria are that the criteria do not lay an emphasis on quantification of results on each level of management and work assignment as it may not be realistic.
S.M.A.R.T criteria focuses on both company’s objectives and its action plan related to them, that is really important.
And the reason why concept of S.M.A.R.T is given so much significance is because it can be used even in the implementation of the Five Process Groups -- which are part of PMI’s Project Management Professional (PMP)® Certification and can help a company to reach great heights.
For getting PMP training & certification for the same, a professional can enroll in a reputed PMP training institute in Noida or Reputed Registered Education Provider (REP).
The five project management group processes from PMBOK® guide are as follows:
• Initiating Process Group
• Planning Process Group
• Executing Process Group
• Monitoring and Controlling Process Group
• Closing Process Group
S.M.A.R.T criteria in PMP Training & Certification
For understanding S.M.A.R.T criteria and its implementation thoroughly in a project and five group processes, one can opt for certified training in PMP from an established PMP training institute in Noida.
Project Management Professional (PMP) ® in brief
Project Management Professional (PMP) ® Certification, PMI’s, a non-profit organization, product (Project Management Institute-USA), is an extensively known and reputed certification exam designed to appraise a professional’s managerial skills and capabilities to manage various phases of a project competently and to meet an organization’s objectives.
Benefits of training for PMP certification
• This training gives the required PDUs (35 PDU’s) which is a requisite for a person to be eligible to appear the PMP Exam
• Since training for PMP certification constitutes both implementation of S.M.A.R.T criteria and Five Group Processes, it will train candidates to manage and run a project successfully.
• It would help the professionals to get a deep understanding of various phases, aspects and pitfalls connected to a project.
• Also, it would sharpen their decision making skills to increase productivity of the project and meet company’s objectives.
What is the S.M.A.R.T (specific, measurable, ambitious, realistic, time-bounden) criteria/concept?
S.M.A.R.T criteria are usually credited to Peter Drucker's management by results/objectives concept.
S.M.A.R.T criteria emphasizes on the following objectives for corporates, departments and team:
• Specific: As the name suggests, company should try to find out the areas where loopholes exist or reasons why a project’s performance is not up to the expectations and target those areas for improvement.
• Measurable: Without knowing how project is performing or without any indication of the significant progress the project has made, it is difficult to understand in which direction the project is moving to and equally difficult to chart out the future plans. Thus, there should be quantifiable results or concrete indications on the progress of the project.
• Assignable: It is very essential to have a clear idea on who will do what, and based on the capability of the person, responsibility should be assigned
• Realistic: Plans should be realistic and practical in terms of the achievement with the available resources.
• Time-related: It is very essential to have a clear idea on when the results will be achieved.
Few essential aspects related to S.M.A.R.T criteria are that the criteria do not lay an emphasis on quantification of results on each level of management and work assignment as it may not be realistic.
S.M.A.R.T criteria focuses on both company’s objectives and its action plan related to them, that is really important.
And the reason why concept of S.M.A.R.T is given so much significance is because it can be used even in the implementation of the Five Process Groups -- which are part of PMI’s Project Management Professional (PMP)® Certification and can help a company to reach great heights.
For getting PMP training & certification for the same, a professional can enroll in a reputed PMP training institute in Noida or Reputed Registered Education Provider (REP).
The five project management group processes from PMBOK® guide are as follows:
• Initiating Process Group
• Planning Process Group
• Executing Process Group
• Monitoring and Controlling Process Group
• Closing Process Group
S.M.A.R.T criteria in PMP Training & Certification
For understanding S.M.A.R.T criteria and its implementation thoroughly in a project and five group processes, one can opt for certified training in PMP from an established PMP training institute in Noida.
Project Management Professional (PMP) ® in brief
Project Management Professional (PMP) ® Certification, PMI’s, a non-profit organization, product (Project Management Institute-USA), is an extensively known and reputed certification exam designed to appraise a professional’s managerial skills and capabilities to manage various phases of a project competently and to meet an organization’s objectives.
Benefits of training for PMP certification
• This training gives the required PDUs (35 PDU’s) which is a requisite for a person to be eligible to appear the PMP Exam
• Since training for PMP certification constitutes both implementation of S.M.A.R.T criteria and Five Group Processes, it will train candidates to manage and run a project successfully.
• It would help the professionals to get a deep understanding of various phases, aspects and pitfalls connected to a project.
• Also, it would sharpen their decision making skills to increase productivity of the project and meet company’s objectives.
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