Complete Guide on Communication Management

Communication Management: is an essential factor in Project Governance and the Capital Asset Pricing Model (CAPM).

Why it is important: Communication management is important because it establishes the connection between all the stakeholders - ensuring that everyone has access to the necessary, timely information. This ultimately leads to more efficient decision-making, increased productivity, and better project outcomes.

What it is: Communication management involves planning, implementing, monitoring, and revising communication channels within a project or organization. It serves as a bridge between all different parts of a project

How it works: Communication management begins with identifying who needs to communicate with whom, about what, and how often. Next, appropriate communication channels are established and protocols are set.

Exam Tips: Answering Questions on Communication Management:

1. Understand the Principles: Be clear on basic principles of communication management like its processes, significance, and strategies.
2. Practice Situational Questions: These questions test your ability to apply theoretical knowledge in real-life scenarios.
3. Master the Definitions: Key terms and definitions related to communication management can help you decipher complex questions.
4. Use the Right Terms: Make sure your answers use the correct project management jargon, it shows your grasp on the subject.

Remember that communication management is not just about transmitting information, but also about ensuring that it is effectively received and understood. This entails providing the right information, at the right time, to the right people.