Project management tools can incredibly help businesses to efficiently manage projects no matter how complicated they are. With so many options available, choosing the right tool might be overwhelming for you. Whether you are working independently, running a small business or a multi-billion-dollar company or anything in between, you are more likely to find impressive […]
Risk prioritization for effective project management culminates from processes involving risk impact assessment. Forewarned is forearmed indeed. The result of your comprehensive risk impact assessment becomes your arsenal in anticipating and mitigating any threats to your project. Nevertheless, as you embark on defining the needs and goals of your project and its implementation, you will […]
“Project management., program management, portfolio management and operations managed as a group to achieve strategic objectives. ” PMBOK Project The project can be every size imaginable in virtually every industry, and project managers supervise them regardless of these specifics. A project may be managed in three separate scenarios: Project Manager He is responsible for meeting […]
Data, Information, Knowledge and Wisdom Pyramid (DIKW Pyramid) So once we know about the Project Manager Competency Development (PMCD) Framework, it is time for us to start working on learning new skills. Learning, practising, mastering new skills not easy and requires commitment and patience. This is where the Data, Information, Knowledge and Wisdom Pyramid (DIKW […]
7 steps to On Time, On Budget, Goal-Based Project Delivery In today’s corporate world many entrepreneurs working in the financial field go through the phenomenon of whether to invest or fund into the critical project or to drop them until the company’s budget and the revenue gets better or get improved. However, for the approved […]
Digital Transformation and Project Management I am sure lately, you might be as surprised as me to see the role of digital transformation in project management. Nowadays, many companies adopt diverse digital transformation technologies in various situation. Let’s unfold the term and see its significance in project management. Though Carl Benz designed the very first […]
Project Charter: An Ultimate Guide to Showcase Your Project A Project Charter is a versatile document that formally authorizes a project or a phase. It defines the reason of establishing the project and assigns it to whoever is worthy of doing it. A project needs descriptive assistance through which others can understand its technicalities. Many […]
Agile Project Management lets you produce minor deliveries i.e shippable functionality in an efficient and competent way in every iteration. It’s an ideal choice for teams who are working in product development, software design, corporate analysis and related domains. Agile, Lean, JIT is the terms which are IN nowadays for so many reasons, one of […]
Many Project Managers use the terms Hammock activity and Summary activity interchangeably. I do agree that largely they have the same function on the project, but objectives are different for adding a summary and hammock activity. So before going into detail a quick overview of the Summary Activity is as follows; Summary Activity Summary activity […]
