We are witnessing the transformation into a big data economy. Any business that doesn't seriously consider the implications of Big Data runs the risk of being left behind. This video will help you understand the basics of Big Data and the five Vs: Volume, Velocity, Variety, Veracity and Value.

Quality is defined as the degree to which a set of inherent characteristics fulfill requirements stated and unstated by the customer. Quality management processes determine quality policies relevant to the project, establish quality objectives, define a person responsible for quality and addresses quality management of project as well as the product.

The purpose of risk management is to maximize the events that cause project success and to minimize those that hamper it. Risk management includes risk management planning, risk identification, risk analysis, creating a risk response plan and monitoring and controlling risk on a project.

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Project scope management includes processes required to ensure that project includes all the work and only the work required to complete the project successfully. Scope defines the work that has to be completed to deliver product / service with specified features and functions.

Human resource management includes processes required to make most effective use of the people involved with the project. It includes all the project stakeholders – sponsors, customers, individual contributors, partner and others. Major processes in HR management are organizational planning, staff acquisition and team development.

ERP (Enterprise Resource Planning) broad set of activities supported by multi-module application software that helps a manufacturer or other business manage the important parts of its business, including product planning, parts purchasing, maintaining inventories, interacting with suppliers, providing customer service, and tracking orders. ERP can also include application modules for the finance and human resources aspects of a business. This module introduces viewer to overall architecture of ERP and its major modules.

It is no wonder that telecom sector is amongst the largest and most rapidly growing sectors in the market these days. Accordingly, the projects involved in telecom sector are generally large scale projects with high budget scale. Managing such vast projects can be a heft job for project managers in the telecommunications field. This creates the need for an organized and advanced solutions that can systematize disparate people involved in the projects and also caters to their individual roles and responsibilities.

Cost management includes processes that ensure that the project is completed within the approved budget. The processes included here are Resource planning, Cost estimating, Cost budgeting and Cost Control

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