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Exam Code: MB-335 Microsoft Dynamics 365 Supply Chain Management Functional Consultant Expert teaching January 2024 by Killexams.com team
Microsoft Dynamics 365 Supply Chain Management Functional Consultant Expert
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Question: 15
You need to set up the configuration model to price the motorcycles correctly.
What should you do?
A. Set Order type in price model to Sales Order and Pricing method in Version to Attribute based
B. Set Order type in price model to Sales Order and Pricing method in Version to Cost based.
C. Set Order type in price model to Sales Quotation and Pricing method in Version to Attribute based.
D. Set Order type in price model to Sales Quotation and Pricing method in Version to Cost based
Answer: A
Question: 16
DRAG DROP
You need to set up the system to calculate the overhead rates automatically for production.
Which four actions should you perform in sequence? To answer, move the appropriate actions from the list of actions
to the answer area and arrange them in the correct order.
Answer: A
Question: 17
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HOTSPOT
You need to configure scheduling for each production area.
Which scheduling options should you use? To answer, select the appropriate option in the answer area. NOTE: Each
correct selection is worth one point.
Answer: A
Question: 18
HOTSPOT
You need to configure each item for plastic manufacturing.
Which production types should you use? To answer, select the appropriate option in the answer area. NOTE: Each
correct selection is worth one point.
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Answer: A
Question: 19
You need to set up the state control for sales of motorcycles.
Which two actions should you perform? Each correct answer presents part of the solution. NOTE: Each correct
selection is worth one point.
A. Create an inclusive restricted product list for United States. Do not add the motorcycle part to the list.
B. Create an inclusive restricted product list for United States and add the motorcycle part to the list.
C. Create an exclusive restricted product list for California and add the motorcycle part to the list.
D. Create an exclusive restricted product list for Missouri and add the motorcycle part to the list.
Answer: A,B,C
Explanation:
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Reference: https://stoneridgesoftware.com/working-with-restricted-products-in-dynamics-365-operations/
Question: 20
You need to set up the metal production route and BOM.
Which three actions should you perform? Each correct answer presents part of the solution. NOTE: Each correct
selection is worth one point.
A. Set the operation route type as Standard.
B. Set the input warehouse on the resource to the vendor warehouse.
C. Set the operation route type as Vendor.
D. Set all BOM lines warehouse to the production warehouse.
E. Set all the BOM lines to resource consumption.
Answer: A,B,C,D
Question: 21
You need to configure the system for plastic operations.
Which two parts should be manually reported as finished? Each correct answer presents part of the solution. NOTE:
Each correct selection is worth one point.
A. unmachined plastic pieces
B. mold tooling
C. machined plastic pieces
D. excess plastic
Answer: A,C
Question: 22
Topic 3, Case Study 3 Adventure Works
This is a case study. Case studies are not timed separately. You can use as much test time as you would like to
complete each case. However, there may be additional case studies and sections on this exam. You must manage your
time to ensure that you are able to complete all questions included on this test in the time provided.
To answer the questions included in a case study, you will need to reference information that is provided in the case
study. Case studies might contain exhibits and other resources that provide more information about the scenario that is
described in the case study. Each question is independent of the other question on this case study.
At the end of this case study, a review screen will appear. This screen allows you to review your answers and to make
changes before you move to the next section of the exam. After you begin a new section, you cannot return to this
section.
To start the case study
To display the first question on this case study, click the Next button. Use the buttons in the left pane to explore the
content of the case study before you answer the questions. Clicking these buttons displays information such as
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business requirements, existing environment, and problem statements. If the case study has an All Information tab,
note that the information displayed is identical to the information displayed on the subsequent tabs. When you are
ready to answer a question, click the Question button to return to the question.
Background
Adventure Works Cycles is a high-end bicycle manufacturer in North America. Their standard model bicycles are
available year-round. Limited-edition bicycle models are released several times a year to boutique retailers
domestically.
Adventure Works has had the most success with their limited-edition bicycles. These bicycles have high margins, are
in high demand, and have a strong following with the younger generation biking community.
Current environment
General
Adventure Works expects to triple their manufacturing capabilities in the next few years due to increasing demand. The
company plans to invest in Dynamics 365 Finance, Dynamics 365 Supply Chain Management, and the Power Platform
products to migrate from a custom-built enterprise resource planning (ERP) solution and Microsoft Excel worksheets.
Adventure Works sells only to the United States and Canada. Despite their limited market, they cannot keep up with
current demand. Over time, they want to expand their market to remain profitable.
Adventure Works has no capabilities or budget to undertake any development beyond Excel formula-level tasks.
Bicycle manufacturing
Bicycle models are measured and reported against how well a single model performs as a sum of all the variations of
that model. For example, the Street Kid YOLO model sold 25,000 units in 2019 across all variations of the product, but
the Purple Female frame made up 30 percent of that modelâs sales.
The Street Kid YOLO models sell in different volumes depending on the market.
The creation of production orders for bicycles occurs monthly and is based on historical sales.
Each part of a bicycleâs assembly occurs at a different station in the Adventure Works production facility.
A piece of paper that has eight sections accompanies a bicycle throughout the manufacturing process. As each step is
completed, the respective section is completed and signed off by a production worker.
The completed paper is used in the put-away process by the warehouse workers.
Financials
The standard model and limited-edition bicycle teams are separate operating units within the manufacturing division.
Financials are tracked and reported separately even though they are produced and sold in the same sales channels.
Updates to the standard model bicycle models are created when a part for a bicycle becomes unavailable. This can
change the cost of the product.
An updated model of a bicycle with new parts will be maintained as a new item and have a new price. However, it
will look like the exact same product to retailers and distributors.
Manufacturing process
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The bicycle manufacturing process is shown in the following graphic:
Limited-edition bicycle process
The limited-edition bicycles are made up of an Adventure Works custom frame with all other parts created by local
artists and manufacturers.
Each bicycle has a unique set of new items that make up the bill of materials (BOM) because all parts are created to
specification.
A single pilot limited-edition bicycle is created as a proof of concept.
Adventure Works occasionally reuses components from existing bicycles, but most limited-edition bicycles are made
of handcrafted components designed to specifications.
Each limited-edition bicycle is built, and hand signed by a single Adventure Works artisan.
Sales price must be auto calculated after the cost price is derived.
Before creating the proof of concept limited-edition bicycle, the approximate sales price needs to be determined
through a cost-plus 20 percent calculation.
All items except for the frame in the prototype process are considered finished items and can be sold individually.
The frame items require modifications in accordance with the manufacturing process as well as painting.
Each Adventure Works limited-edition bicycle artisan is scheduled to create a specific number of bicycles in a
production run that must be completed by a certain date.
Limited-edition bicycle artisans work exclusively on a given run of limited-edition bicycles and are not able to work
on other tasks.
Limited-edition bicycle BOM assembly process
The prototype process for the limited-edition bicycles is shown in the following graphic:
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Requirements
General
Adventure Works will consist of three legal entities: the primary legal entity of the United States (AWUS), sales in
Canada (AWCA), and an international expansion (AWIN).
AWIN must be able to sell only standard model bicycles.
AWUS and AWCA must be able to sell both standard model and limited-edition bicycles.
Warehouse workers must use the Warehouse Management mobile application to manage all inventory inbound and
outbound from the warehouse.
Bicycle manufacturing
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The handlebars, back wheels, and front wheels must not change for any of the bicycle model configurations.
Standard model bicycle production scheduling must be configured to start as soon as possible.
Bicycle components must be automatically reserved when the item is released to the production floor.
Standard model bicycle production must be automatically created on a predefined schedule.
As soon as bicycles are completed, they must be available to fulfill the backlog of orders.
Limited-edition bicycle production must be configured to meet the end date for when the bicycles must be completed.
Production orders need to track financials by standard model or limited-edition bicycle manufacturing teams.
The system must log the immediate consumption of BOMs for traceability.
All inventory is warehouse enabled.
Finished goods are reported as finished by the warehouse worker who picks up the finished product from the
packaging area.
Finished products must automatically have put-away work completed for them.
New limited-edition bicycle process
Adventure Works is creating a new, limited-edition bicycle to commemorate the companyâs tenth anniversary. The
limited-edition bicycle will be designed for charity events and be produced for the summer season.
The bicycle must be available in menâs, womenâs, and unisex frame styles. It will be painted in one of 50 hand-
painted designs representing the charity of the customerâs choosing.
A limited run of 100 bicycles must be created.
The limited-edition bicycles must use the same production process as the standard model bicycles.
The limited-edition bicycles must use the same parts used for previous limited-edition bicycles, except for the unique
paint colors.
Frames must be painted in-house.
Five painting options are available only in the unisex frame style.
New limited-edition bicycle orders
Customers must be able to place sales orders for the item in the chosen frame configuration, including style and color.
When an order for the new limited-edition bicycle is created, payment must be provided.
An approval for an order must exist for the order to be processed.
Upon approval of an order, production must start immediately and not require re-entry of data.
DRAG DROP
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You need to create the new summer limited edition bicycle in Dynamics 365 in preparation for taking orders.
Which four actions should you perform in sequence? To answer, move the appropriate actions from the list of actions
to the answer area and arrange them in the correct order.
Answer: A,C
Explanation:
Reference: https://docs.microsoft.com/en-us/dynamics365/supply-chain/pim/dimension-based-product-configuration
Question: 23
You need to create the production orders for standard model bicycles.
Which method should you use?
A. Sales order line
B. Master planning execution
C. Supply schedule form
D. Released item
E. All production orders form
Answer: C
Explanation:
Reference: https://docs.microsoft.com/en-us/dynamics365/supply-chain/master-planning/supply-schedule
Question: 24
You need to configure the bicyclesâ production resource.
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Which option should you use?
A. Exclusive capacity set to yes and enter a Batch capacity.
B. Exclusive capacity set to no and infinite capacity.
C. Exclusive capacity set to yes and infinite capacity.
D. Exclusive capacity set to no and enter a Batch capacity.
Answer: C
Explanation:
Reference: https://docs.microsoft.com/en-us/dynamics365/supply-chain/production-control/operations-resources
Question: 25
You need to determine the sales price for a new limited-edition bicycle for the summer season.
What should you do?
A. Run inventory close for the BOM items for the limited-edition bicycle.
B. Create the production order for the limited-edition bicycle and click estimate.
C. Run the category price rules for the limited-edition bicycle using a cost-plus calculation.
D. Run the pricing simulator for the limited-edition bicycle for a quantity of one.
Answer: B
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Project management and information technology (IT) have a complicated relationship. While it’s not exactly a core subject for related academic curricula, project management is something that touches deeply and directly on most IT activities. That probably explains why project management certifications command a constant presence among the top 10 top-paying certifications of interest to IT professionals over the past decade. 

Given the incredible popularity and demand for project management skills and knowledge, it is no surprise that one can find commercial project management training courses to fit nearly every schedule and budget. But that doesn’t mean there aren’t good choices available for free training. In this article, you’ll learn about some of the best project management training systems and certifications to help you become a better IT manager.

What are some free project management training options?

An online education phenomenon is reshaping the training landscape as we know it. It’s based on free online training courses called MOOCs, short for massively online open courses. These are housed on open, high-volume, high-capacity, cloud-based training platforms, such as edX, Moodle and Udemy.

While monetization of training is possible on some of these platforms, a MOOC is supposed to be free for the taking. Organizations or institutions that offer such free courses can still charge fees for testing, certificates of completion and other add-ons, but the basic course materials remain free to all interested parties.

Here’s a list of some of the best project management offerings.

Cybrary Course CYB-2010: Project Management Professional 

Professional instructor Vincent McKeown delivers a 10-module series of video lectures, each of which maps to a domain in the Project Management Body of Knowledge (PMBOK) for the Project Management Institute Project Management Professional (PMI PMP) certification. At just over five hours, the course is neither incredibly detailed nor extensive, but it does provide a useful orientation for those just getting started on the subject.

ALISON: Diploma in Project Management

With more than 282,000 students having either taken or now taking this course, this MOOC has seen some serious traction to mostly positive reviews. The course contains three modules, covers 28 courses and takes 10 to 15 hours to complete. While it doesn’t map directly to the PMP or other project management credentials, it does provide a useful introduction to the subject matter.

Other ALISON courses on project management 

As a full-fledged MOOC delivery platform, ALISON offers a project management page among its course listings. In addition to the previous diploma item, it has courses about project management fundamentals, skills, resource management and a host of other topics. 

Udemy 

Udemy courses are not always or even often free, but many are inexpensive. A search for project management on Udemy produces hundreds of courses. Most cost between $20 and $50 each, although we found many as low as $10 and a few on the high end at $200. A search on PMP produces more than 2,600 free and paid courses. You’ll spend a lot of time fiddling with the search engine to find what you want, but there are plenty of choices here.

edX.org 

EdX gets many of its project management courses via Microsoft these days. As a result, despite a huge catalog of offerings, many of the project management courses relate to Microsoft Project and Microsoft Project Portfolio Management (PPM). We did find a few project management courses from institutions such as the University of Adelaide, the Rochester Institute of Technology, the Australian National University and the University of Washington.

The best online project management software can help companies organize their work and monitor tasks big and small. 

MIT OpenCourseWare 

A search on MIT OpenCourseWare produces thousands of results for project management courses, many of which show a profound focus on engineering and business management topics. Nevertheless, there’s a lot of interesting stuff here that’s well worth trawling through for those seeking top-notch offerings.

ProjectManager.com 

ProjectManager.com has 30 guides designed to help you learn the basics of project management. Inside many of these guides are video tutorials that provide more information about their respective topics. You’ll need some time and willpower to stitch a curriculum together here, but there’s lots of good material available. The company also maintains a YouTube channel, where you can easily find training videos.

YouTube 

YouTube is rife with project management training videos. Searches on YouTube for “project management” or “PMP” produce hundreds of thousands of results.

MOOC List 

The MOOC List allows you to execute a consolidated search for trainings available in the next 30 days. Most courses are offered with specific starting dates, so this database points only to relevant courses starting in the near term.

Oxford Home Study Short Course 

The Oxford Home Study Centre offers several project management courses that introduce candidates to the many aspects of project management, project life cycles and project management roles. A certificate is issued at the end of each course.

Saylor Academy 

Saylor Academy has two project management courses: one in the business field and the other in software engineering. The first course requires 62 hours and covers the key elements of project management and its more technical details. The software engineering course totals 41 hours and presents courses ranging from life cycle models to design quality assurance. Upon completing either course, you’ll receive a free certificate.

GoSkills 

GoSkills pulls up 30 project management courses when searching for project management. These courses span basic frameworks, software programs and process control. Each course includes video tutorials along with tests and quizzes to help you prepare for project management exams and earn learning hours toward your certification.

Various online platforms offer free training, lessons and certification prep for deeper dives into project management skills and practices. It’s just a matter of sorting through the available options to find the ones that appeal to you.

What are some low-cost project management training options?

If you’re willing to spend a small sum of money, there are some appealing low-cost project management training options. For example, most Coursera courses are $49, and multicourse bundles are also available (such as UC Irvine’s Introduction to Project Management Principles and Practices). The Master of Project Academy offers numerous free online training courses for project management certifications, such as the PMP, CAPM, Six Sigma and Prince 2. However, for $397 per month, you can purchase an all-course bundle that includes all Master of Project Academy courses.

Like UC Irvine, many colleges and universities offer courses aimed at the PMP and related PMI certifications, such as CAPM and PMP add-ons for portfolio and program management, as well as other credentials for risk management, scheduling and so forth. These courses cost the same as other college courses and are taught in a similar fashion. That puts them halfway between low-cost/no-cost options and short-term, higher-priced intensive courses from traditional training outlets such as Global Knowledge, New Horizons and Learning Tree.

What are some higher-priced project management training options?

Hundreds to thousands of other offerings for project management training at higher costs are readily available around the globe. For PMP or other PMI certifications, there’s a whole network of partners that teach an official curriculum. Some are in academia; others offer purely commercial courses. All the biggest training companies offer PMP and related certification training, as do the major online training players (such as LinkedIn Learning, Simplilearn and Pluralsight).

Our project management software buying guide is designed to help small businesses find the right product for managing their operations.

What skills do I need to become a project manager?

Project management software is at the heart of most IT activities, including system design and development, deployment, and maintenance. All of these routine activities can also be characterized as projects – some of massive scope and duration, others more quick and evanescent. Indeed, that’s why project management skills and knowledge are in high demand among IT professionals in nearly every specialty and area of technical focus in that field.

The best project managers possess a great eye for detail and are highly organized. Masters of soft skills, they are clear, concise and effective communicators in both speaking and writing. These professionals are excellent problem-solvers and negotiators. It’s also helpful if they have an understanding of cross-functional areas – such as supply chain, HR and resource constraints; procurement; finance; and change orders – which may impact overall project outcomes.

What are some popular project management methodologies?

As a project management professional, you’ll find no shortage of methodologies. There is no one “right” methodology, and the one you choose to practice will be influenced by factors like the type of project, industry sector and your business’s preference. When choosing project management training materials, look for courses that complement the methodology you want to practice.

These are some of the most popular project management styles and frameworks:

  • Waterfall is a traditional project management methodology with a linear downward process flow. Design changes are difficult to implement. Project phases include system and software requirements, analysis, design, coding, testing, and operations. It’s often used with large projects where defined schedules are required and few changes are expected. 
  • Six Sigma project managers (usually referred to as Black, Green or Yellow belts) focus on improving quality and efficiency by identifying what doesn’t work and removing it from the process. A Six Sigma Black Belt, for example, would define the problem, measure the current process, analyze data, Boost the process and then control the future process. 
  • Agile was introduced in 2001 as a response to the Agile Manifesto and originally geared toward software development. In the Agile framework, teams are collaborative and self-organizing. Projects are incremental and iterative, enabling team members to move quickly and respond to change.
  • Scrum, a type of Agile framework, focuses on five core values – courage, commitment, openness, respect and focus. As with Agile, teams are collaborative. Iterations are organized into short blocks of time called “sprints,” which enable great flexibility to respond to design change. A Scrum master (a servant-leader) holds daily meetings where team members discuss what they did the day before and what they plan to accomplish each day. [Related article: What Is Agile Scrum Methodology?]
  • Kanban, another type of Agile framework, is popular in manufacturing environments. Teams are collaborative and self-managing. Kanban practices include visualization, limiting work in progress, flow management, making policies explicit, feedback and collaborative evolution.
  • PMI PMBOK (the Project Management Institute’s Project Management Body of Knowledge), while not strictly a project management methodology, is a well-known and respected standard for project management practices. PMI’s certifications, especially its PMP credential, are among the most coveted project management credentials. PMBOK practices focus on five primary process areas: initiating, planning, executing, monitoring and controlling, and closing.

While project management is all about managing workflow, project resource management is about ensuring resources are being used efficiently.

How long does it take to get a project management certification?

Requirements to earn a project management certification are set by the individual certification provider and may include a combination of exams, specific training courses, and minimum education level or experience. The requirements to earn advanced certifications are generally more than those for entry-level credentials. For example, the Project Management Professional is one of the most highly prized certifications available. In addition to passing a rigorous exam, candidates must also possess a combination of education, project management education and experience.

CompTIA’s Project+, an entry-level certification, recommends that candidates have 12 months’ experience before attempting the exam. However, since this is a recommendation only, candidates can obtain this certification by sitting for the test regardless, which makes it the only one we found that is available without requiring additional training, education or experience.

In the table below, you’ll find information on obtaining five popular project management certifications. 

Certification Skill level Exams Education/experience
CompTIA Project+ Entry 1 12 months’ experience recommended
Certified Associate in Project Management (CAPM) Entry 1 High school diploma and 1,500 hours of project experience or 23 hours of project management education
Certified ScrumMaster (CSM) Entry 1 Two-day, fee-based training course
Project Management Professional (PMP) Advanced 1 Four-year college degree, 4,500 hours leading and directing projects, and 35 hours of project management education or CAPM certification or High school or associate’s degree, 7,500 hours leading and directing projects, and 35 hours of project management education or CAPM certification
Certified Six Sigma Black Belt (CSSBB) Advanced 1 Three years of experience in one or more of the Six Sigma Body of Knowledge areas, plus one completed project with signed affidavit or two completed projects with signed affidavits and three years of work experience

There are several types of project management certifications. Some are more difficult than others, and each one has its own requirements for candidates.

Are IT certifications necessary?

You don’t necessarily need an IT certification to lead projects in the field. However, obtaining an IT certification can help you gain more knowledge and skills for effectively managing projects and leading your team. Getting an IT certification can also result in a salary increase and make your rĂ©sumĂ© more appealing to employers.

If you believe an IT certification could be a good addition to your career, the first step is to choose the area in which you want to receive a certification; project management is hardly the only option. Below are more than a dozen of the best certification areas for IT professionals.

  • Big data
  • Business continuity and disaster recovery
  • Cloud IT
  • Computer forensics
  • Computer hardware
  • Computer networking
  • Data center
  • Databases
  • Enterprise architect
  • Healthcare IT
  • Help desk
  • Information security
  • IT governance
  • IT trainer
  • Linux
  • Mobile app development
  • Mobility
  • Programming
  • Project management
  • Storage
  • System administrator
  • Telecommunications
  • Unified communications
  • Virtualization certifications
  • VoIP and telephony
  • Web
  • Wireless networking

How should I get started with project management training?

Start digging into the outlets and offerings that interest you most. When training is free, the only thing you have to lose is your time and energy. Thus, you can try things out and stop at any time if they don’t work for you. When it comes to paid training, we recommend looking at online reviews, seeking personal recommendations from people you know and trust, and requesting feedback from former course attendees or materials users to help steer you toward the right choice.

Shayna Waltower contributed to the writing and research in this article. 

Tue, 19 Dec 2023 09:59:00 -0600 en text/html https://www.businessnewsdaily.com/6319-free-project-management-training-materials.html
Microsoft 365

Microsoft 365 includes a suite of file creation and digital collaboration tools, and other productivity apps. Sharing settings allow for multiple people to edit and/or view files. These tools can be used individually or collaboratively, and synchronously or asynchronously.

Tue, 07 Nov 2023 07:41:00 -0600 en text/html https://www.rit.edu/teaching/microsoft-365
From Microsoft to MIT MBA, the AI reeducation boot camp is coming for every worker and executive No result found, try new keyword!The AI reeducation effort in the business world, from the boardroom to the individual worker, and from LinkedIn to Cisco, is taking shape. Fri, 15 Dec 2023 01:00:01 -0600 en-us text/html https://www.msn.com/ Paradigm shift in management learning

The interdisciplinary and multi-disciplinary character is the crux of management education. Different tools are needed in different use cases

The issues in the growth of management educational institutions are many. To begin with, it is on account of varying understanding about the nature of ‘management’, as a discipline. The subject area is itself relatively latest and it found a place in educational institutions between the two world wars. The research traditions are, also, relatively young and area-wise variations in the methods of research are many. Many who have a management degree were at the best taught to be managers and those skills are not always the same as what may be needed for teaching management.

There are also variations on account of the nature of the management of educational institutions. Management has been attempted to be taught in general education institutions, agricultural sciences institutions, medical institutions, single discipline institutions and other types of institutions. The antiquity of such institutions, their administrative structure, their market-relatedness, their brand pulls and more are of varying nature.

It is generally believed that management education, in its original incarnation, began as ‘labor studies’. ‘Leadership’ was then not a fashionable area of research or teaching. As it so happens often, a 50-year-plus retrospect throws up many contenders for being named as being the first initiative in the domain of management education, in India. Xavier Labour Relations Institute of Jamshedpur was, as claimed by many, one of the first management teaching institutions in India.

Ranchi University also claims to be the pioneer in this area. There are other contending institutions, both in the form of colleges and universities, too many and with too little evidence to be listed here.

Slowly, however, labour studies grew to a broader and bigger cauldron to include inputs from other well-established disciplines for their focus and decision-making. Illustratively, Psychology was a popular choice as the basis for ‘understanding behaviour’. Many took it that if they knew Psychology they understood behavior. Attractive as the proposition might be, it was only a part truth. Behavior is influenced by many factors besides psychology. Behavior could be influenced by social factors which could be best understood with the help of Sociology. There were areas in which behaviour could not be understood without the understanding of local history. In other areas of behaviour, insights could be obtained through Political Science or even Geography.

The behavioural traits of people from a hilly region would be different from the behavioural traits of people of a river valley culture. Thus, it is that understanding behaviour requires a comprehensive and anthropological insight into areas other than just psychology. The emergence of this kind of approach in response to a felt need saw the emergence of an area called ‘organizational behavior’ within the domain of the management subject area. It was a relatively more latest specialization and required a multi-disciplinary approach. Since there were several so-called subject areas of Psychology, Anthropology, History, and Sociology, and more needed and capable of making their contribution to this new area of “organizational Berhaviour” methods of research in the ‘Organisational Behaviour’ area took time to crystalize.

 Feedback from the field established that understanding ‘Organisations’ required insights into the ability to produce ‘results’. This itself needed an appreciation of the ‘structure’ and ‘processes’ of organisations. Disciplinary gaps and overlaps could not be allowed to blur the clarity into appreciating which actions would need to take place in organisations for effectiveness. The effectiveness of learning in educational institutions would be measured by its applicability in the world of work.

Gradually disciplinary conflicts reduced its interface for the requirement of understanding behavior in organisations. Several focused studies revealed that where behavior would be similar in many ways in an organization it would have variations say from one management domain to another. A ‘finance man’ would need a particular type of orientation as a man in the marketing area or operations research domain would need different kinds of tools. As the number of learning institutions grew and found an orientation of their own it became obvious that each ‘division’ of the learning organization would need an approach with a multi-disciplinary perspective. The need for an ‘area approach’ was widely recognized. Thus in educational institutions ‘Management Faculty’ acquired a character of its own. The use of the word ‘department’ was considerably reduced and instead the word ‘area’ became more common. Thus, it is that management institutions grew up to have an organizational behaviour area rather than an organizational behaviour department.

This approach affected almost every contributing input to management learning and decision-making. Illustratively in management institutions, say, the ‘finance area’ emerged which subsumed under it everything from accounting to auditing. Similar observations could be made about the operations research area, marketing area, or, for that matter, anything that became an input to managerial skill formulation. To sum up, therefore, the important thing is to recognize the interdisciplinary and multi-disciplinary character of management education. This is the foundation of any management institution that seeks to create an ambience of learning for management learning.

(The writer is an internationally acclaimed management consultant. The views expressed are personal)

Sun, 10 Dec 2023 10:00:00 -0600 en text/html https://www.dailypioneer.com/2023/columnists/paradigm-shift-in-management-learning.html
Learning Management System (LMS) Market Aims for US$ 98.5 Billion by 2032 at 18% CAGR

The learning management system (LMS) market is poised for remarkable growth in the coming decade, with an anticipated prodigious CAGR of 18.0% from 2022 to 2032. This exponential expansion reflects the increasing importance of digital education and remote learning platforms. As educational institutions, corporations, and individuals continue to embrace online learning, the demand for robust LMS solutions is skyrocketing.

By 2032, the LMS market is expected to soar to an impressive US$ 98.5 billion, underlining its pivotal role in modern education and training. This phenomenal growth not only underscores the market’s potential but also signifies the ongoing transformation in the way knowledge is acquired and disseminated, with LMS platforms at the forefront of this revolution.

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Moreover, an increase in penetration of smartphones coupled with fast internet connectivity, a rise in preference among consumers for learning management systems, and massive adoptions of these systems among educational institutes accelerate the learning management systems market growth. Additionally, the integration of artificial intelligence (AI) offers significant opportunities for learning management systems companies to expand their offerings, owing to factors such as automation of human-intervened operations.

Key Takeaways from the Learning Management System (LMS) Market Report:

  1. The global learning management system (LMS) market was valued at US$ 18.8 Billion by 2022-end
  2. The US to account for the highest value share of US$ 31.9 Billion of global market demand for learning management systems in 2032
  3. From 2015 to 2021, Learning Management System (LMS) demand expanded at a CAGR of 19.6%
  4. By Component, the solutions category constitutes the bulk of the learning management system with a CAGR of 17.2%.

Learning Management Systems Market Competitive Landscape:
Players in the global Learning Management System (LMS) Market focus on expanding their global reach through various strategies, such as; partnerships, collaborations, and partnerships. The players are also making a significant investment in R&D to add innovations to their products, which would help them strengthen their position in the global market.

Some of the latest developments among the key players are:

In July 2021, PowerSchool announced that it would price the class A common stocks at US$ 18 per share on the New York Stock Exchange (NYSE). This would help the company repay outstanding debt expenses related to the IPO.

In December 2020, D2L partnered with Microsoft to integrate Brightspace LMS with Microsoft Teams. This would enhance the learning experience by allowing to access a private Teams space on the Brightspace platform.

In October 2020, Blackboard launched Blackboard Reach, its new solution for K-12 institutes. The solution was aimed at helping parents to connect with teachers and have meaningful and real-time discussions.

Leading Key Players:

  • Blackboard Inc.
  • Callidus Software Inc.
  • Epignosis LLC
  • John Wiley & Sons, Inc.
  • Oracle Corporation
  • Jzero Solutions Ltd.
  • Paradiso Solutions
  • SABA Software, Inc.
  • SAP SE
  • Sumtotal Systems, LLC

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Learning Management System (LMS) Market Segmentation:

By Component:

  • Learning Management Solutions
  • Learning Management Services
    • Learning Management Consulting
    • Learning Management Implementation
    • Learning Management Support Services

By Delivery Mode:

  • Distance Learning Management Systems
  • Instructor-led Training Learning Management Systems
  • Blended Learning Management Systems

By Deployment Mode:

  • Cloud-based Learning Management Systems
  • On-Premises Learning Management Systems

By End User:

  • Learning Management Systems for Academics
  • Learning Management System for Corporates
    • Software & Technology
    • Healthcare
    • Retail
    • Banking, Financial, Services, and Insurance (BFSI)
    • Manufacturing
    • Government & Defense
    • Telecom
    • Other Corporate Users

By Region:

  • North America
  • Latin America
  • Europe
  • Asia Pacific
  • Middle East and Africa

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Thu, 04 Jan 2024 12:33:00 -0600 en-US text/html https://www.fmiblog.com/2024/01/05/learning-management-system-lms-market-aims-for-us-98-5-billion-by-2032-at-18-cagr/
Center for Nonprofit Management

At the Kellogg School Center for Nonprofit Management, we support nonprofit executives with university-based executive education. Our programs will leave you inspired, confident and prepared to enact change within your organization. We offer a breadth of professional development programs and resources that will prepare you to lead with adaptability and resilience while fostering meaningful relationships with peers in the nonprofit sector.


Tue, 02 Jan 2024 20:10:00 -0600 en text/html https://www.kellogg.northwestern.edu/executive-education/nonprofit-management.aspx
Transforming teaching

Kristen Garner at Kramer describes how technology can revolutionise the future classroom

Just like the world of work, education has recently transformed from a strictly on-site activity to an entirely blended, hybrid experience. Today, students need to be able to connect to their lessons both in the classroom and remotely, during and after class.  

This rapid evolution means some institutions are still a little behind when it comes to equipping their learning spaces with the tools and technologies that modern students now demand.

How can educators keep up with today’s cutting-edge trends and expectations, while still creating spaces that offer outstanding learning experiences now and long into the future? 

The first major step is to explore what’s currently trending in higher education.

Seamless accessibility and connectivity 

Higher education’s focus must currently be on accessibility. Campuses need to have an agile and accommodating approach to the student population, as the ability to stream, broadcast, and capture teaching sessions is critical for student success and different learning styles.

Students’ ability to connect in the classroom or remotely during or after a class is also vital to their success. Flexibility, autonomy of use (any platform should be accessible), the experience of the user, student device use and connectivity to an installed solution should all be priorities as education grows increasingly hybrid. 

AR and VR shaping the future of learning 

Remote lessons enabled by cameras and microphones were the biggest change to education in latest years. Moving forward, augmented reality (AR) can be expected to become the next big shift, and these types of technological advances are already seeping into the campus landscapes.

While class spaces may not be equipping them as quickly as students are bringing the need to the campus, it is an inevitable move. Soon, these technologies will form an expected part of the learning experience. 

Many educators are already using the artificial intelligence (AI), virtual reality (VR) and metaverse collective in their teaching modalities where it fits the curriculum or teaching style. The ability to meet students where they arrive is the natural evolution. It is the students who will drive the speed of adoption. We are already using it in some platforms to create different views for the users. This will continue to develop to provide an experience that is more conducive to each individual learner.  

AR doesn’t offer a ’one-size-fits-all’ experience; however, the technology needs to appear that way for ease of use and the capability to easily transmit curriculum. As students grow accustomed to creating their own virtual environments and interfaces outside of the classroom, the ability and flexibility to create an experience tailored to everyone will become the expectation. 

Automating different learning processes 

Some students might hope that they’ll no longer need to memorise or work on math equations, for instance, is tools like AI are available. For those students, I have some bad news! Understanding concepts, such as mental arithmetic, will still be necessary—but fortunately, the process may not be as mentally taxing as math becomes more and more automated.  

Just as in the past software took the place of accounting, order processing, and architectural planning, tools for creating and processing will become more intelligent in this way. Goals and creativity will still begin at the human level, but new technologies may provide a different way and timeline to achieve the desired result.  

 

Designing tomorrow’s smart spaces, today

To future-proof learning spaces, I’d prioritise the creation of highly flexible areas that provide for everything from rudimentary to extraordinary use cases. In other words, traditional lecture-style rooms that can seamlessly transition into more sophisticated spaces.  

The rooms’ enhanced systems should offer augmented video, enriched audio, and comfortable seating/furniture options that provide inclusive event and immersive sessions for the learner to experience sense-based learning options. Gaming and e-sports already provide these types of experiences with curved monitors, headphones and mics, and furniture that cocoons the person, making them one with the session.

These environments will become more prevalent in classrooms to facilitate more immersive education. 

Keeping tech simple and functional

However, the installation of all this advanced technology is meaningless if it’s then too complicated for everyday teachers to use. Systems still need to remain simple, functional, and appropriate for the type of class experience.

As faculty members rely heavily on the technological components of a classroom to share curriculum, it needs to remain basic to facilitate to subject matter, rather than become the focus/issue of a session. 

Training faculty to use the systems, standardising the user experience, and offering tools for help/assistance are all great starting points for a better experience for both teachers and students, and will ensure less disruption to teaching time. Plus, when a teacher knows what to expect and is comfortable and familiar with the system, they will use it more regularly and take advantage of its features. 

When support and helpdesk create efficient processes and procedures, there is less downtime in classrooms and more faculty satisfaction. Setting up maintenance practices, hiring knowledgeable tech staff, and offering reliable solutions can make the difference. The reality is that solid campus technology, less down-time, and well-placed solutions, features, and functionality all help to facilitate greater student enrolment and retention. 

Modern higher education has moved towards visual aids, interoperability and interactivity. And with the seamless technology now readily available to enable this, higher education institutions must begin leveraging it to break down barriers to progress the industry alongside students and lecturers. 


Kristen Garner is Director of Business Development for Education in North America at Kramer 

Main image courtesy of iStockPhoto.com

Tue, 12 Dec 2023 02:00:00 -0600 En text/html https://www.business-reporter.co.uk/management/transforming-teaching
Microsoft Announces General Availability of Copilot, Expands Data Protection to Education Users

Artificial Intelligence

Microsoft Announces General Availability of Copilot, Expands Data Protection to Education Users

Microsoft announced recently that its pilot AI program, Bing Chat and Bing Chat Enterprise, launched in February 2023, is no longer in beta and has been renamed as Microsoft Copilot. It is now available for general use.

Copilot uses the GPT-4 AI large language model (LLM) that helps users with tasks such as "drafting an e-mail, summarizing PDFs and articles, generating images with DALL-E 3, learning new skills, and getting answers to complex questions," Microsoft said.

Beginning in early 2024, Microsoft Copilot will be available to all faculty and higher education students ages 18 and above, the company said. These users will receive commercial-level data protection at no extra cost, backed by Microsoft's Universal Commercial License Terms for Online Services and subject to its Customer Copyright Commitment. That protection means:


  • Prompts and responses are not saved;
  • Microsoft does not view access; and
  • User data is not used to train the LLM.

Account holders can currently sign in to Copilot here. An updated and renamed user interface is planned for rollout to customers over time, the company said.

In addition, Microsoft has expanded Copilot for Microsoft 365 eligibility to include education users. Starting Jan. 1, 2024, enterprise pricing will be available at $30 per user per month for all faculty and staff.

While those with Copilot already enabled need do nothing, those who are new to it or need help transitioning from the Bing Chat interface can obtain an adoption kit containing training materials and ready-to-use e-mail templates.

For more information, see this blog post on the changes as well as details on the expansion to education here.

A video explaining more about Copilot is available here.


About the Author

Kate Lucariello is a former newspaper editor, EAST Lab high school teacher and college English teacher.

Wed, 13 Dec 2023 10:01:00 -0600 en text/html https://thejournal.com/EDU/Campus-Technology/Articles/2023/12/14/Microsoft-Announces-General-Availability-of-Copilot-Expands-Data-Protection-to-Education-Users.aspx
Best MBA In Project Management Online Programs Of 2024

So you’ve officially decided to earn your project management MBA online. Now what?

Here’s how to pick the right school for you.

Consider Your Future Goals

An online MBA in project management can help you launch a career in project management or another area of business. Think about what you want to do after graduation so you can choose a program that aligns with your goals.

For example, does your prospective program include a field experience or another hands-on learning component? An internship during your graduate program can open the door to mentorship and job opportunities. It can also help you meet other project management professionals and broaden your network. If you do not yet have extensive professional experience in project management, you might seek a program with an internship requirement.

You should also consider whether you want to pursue professional certification and research the education requirements for any prospective credentials. Ensure your chosen program fulfills the eligibility criteria for your prospective credential.

Understand Your Expenses and Financing Options

Tuition rates for the online MBAs in project management ranked in our guide range from $300 to $896 per credit. The typical program requires 36 to 42 credits, meaning you can expect to spend between $10,000 and $38,000 in tuition on an online MBA in project management.

According to the National Center for Education Statistics, tuition and fees for the average graduate program at a public university cost $11,554 per year, or around $23,000 for a two-year master’s degree. Graduate tuition and fees at private schools averaged $20,015 per year, or more than $40,000 for a two-year degree. In comparison, the programs on our list are relatively affordable.

To find out about funding opportunities for your graduate degree, fill out the Free Application for Federal Student Aid (FAFSAÂź). You might qualify for federal student aid options like loans, scholarships, grants or work-study programs. You can also inquire directly with prospective schools about their own scholarships, grants, fellowships and assistantships. Moreover, you can seek loans and scholarships through private organizations and other third parties.

Mon, 01 Jan 2024 23:10:00 -0600 Liz Simmons en-US text/html https://www.forbes.com/advisor/education/best-online-mba-project-management/ Internshala Trainings partners with Microsoft’s TakeLessons to offer career guidance to K12 and college students

Internshala Trainings partnered with TakeLessons by Microsoft to offer free learning and guidance sessions on TakeLessons platform to K-12 and college-going students, as per the official release. 

The platform claims that these sessions will be taken by industry experts in the skills including digital marketing, web development, human resources management, business communication skills, internships and jobs preparation and MS Excel. 

The platform further claims that through these sessions, the industry experts will provide the students with career guidance helping them clear their doubts, answering their career-associated queries, and helping them make an informed decision regarding choosing a career path. 

“In today’s ever-evolving world of rapid technological advancements and innovations, skilling has become the need of the hour, especially for a developing nation like India. Hence, the industry is also emphasising more and more on skill-based hiring. This brings some confusion to the inspiring young minds of India who are looking to soon choose their education streams. They are often doubtful as to what career path they must explore in order to lead their way towards a successful career. Through this partnership, we intend to assist such young learners with much needed career counselling and help them in making well-informed career decisions,” Shadab Alam, head, Internshala Trainings, said.

Fri, 22 Dec 2023 02:21:00 -0600 en text/html https://www.financialexpress.com/jobs-career/education-internshala-trainings-partners-with-microsofts-takelessons-to-offer-career-guidance-to-k12-and-college-students-3344932/




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