Before jumping into PMI’s PMP Application, let’s first review what is the project and how it is different from operations. Projects are temporary endeavours that are designed to achieve a specific goal or objective, while operations are ongoing processes that are designed to achieve a continuous objective or goal. Effective project management practices can help […]
Models, Artifacts and Methods are a set of tools to help you get the Project Management job done. PMi Calls them Options for Enabling Outcome Models Models help us to see complex reality as simple, simplified things and show us approaches to optimise our actual work. They help to explain what works in the real […]
In project management, there isn’t a universal method that fits every project. Each project is distinct and comes with its own set of needs. To ensure we’re equipped with the most suitable tools, we need to focus heavily on tailoring. Tailoring: Determining the appropriate combination of processes, inputs, tools, techniques, outputs, and life cycle phases […]
The OSCAR coaching and mentoring model, developed by Karen Whittleworth and Andrew Gilbert, is a structured framework used for coaching and mentoring interactions. This helps in selecting a situational Leadership style. The acronym “OSCAR” stands for:
Leadership is when someone guides and influences a group of people to work together toward a common goal. However, there is no universal process that fits every situation like a magic potion. Adaptation is key when it comes to leadership styles in projects, ensuring they align with the specific needs of the project, the surrounding […]
The precedence diagramming method (PDM) or Activity on Node (AON) is the most commonly used method for arranging the project work visually. Within the PDM technique, tasks are depicted as nodes, outlining their logical relationships or dependencies. This visual representation elucidates the sequential logic guiding the order in which activities are intended to be executed. […]
Make-or-Buy Analysis is the process of gathering and organizing data about product requirements and analyzing them against available alternatives, including the purchase or internal manufacture of the product As part of the Procurement Management Plan, we do a Make-or-Buy Analysis which results in the Make-or-Buy Decision Make-or-buy analysis may use payback period, return on investment […]
A make-or-buy decision is an act of choosing between manufacturing a product in-house or purchasing it from an external supplier. A make-or-buy decision compares the costs and benefits associated with producing a necessary good or service internally to the costs and benefits involved in hiring an outside supplier for the resources in question. Strategic decisions […]
Every item we ever purchase comes in some sort of package, which could be a box or a cover. This box is the primary marketing and persuasion tool utilised by the company to convince you that its product is superior to the competition. This packaging provides limited room to play and market, which the seller […]
