Project management trends & insights.
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How to create a work plan for your department
Creating a work plan for your department involves more than just scheduling tasks and setting deadlines. It means providing clear direction for daily work, ensuring that everyone is aligned with company goals, and converting business strategies into concrete actions. Knowing how to create a work plan is now a key skill for department heads, team…
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Product life cycle and its relevance in business strategies
A product’s life cycle (which should not be mistaken with a project’s life cycle) bears a strategic relevance for the company that produces it. CONTENT What is product life cycle management? The four phases of a product’s life cycle and related business strategies 1. Introduction 2. Growth 3. Maturity 4. Decline Product life cycle: bottom…
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Project quality control: which parameters should be monitored
Project quality is a major factor in achieving client satisfaction, which in turn is a key component in project success. Therefore, nothing about quality should be taken lightly, but more importantly, quality control should not be something improvised or done afterwards. CONTENT Planning and identification of parameters to be monitored for quality Parameters to monitor…
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Corporate governance vs management
CONTENT Corporate governance role Corporate governance: 7 questions to understand it Governance duties and responsibilities Management’s role Corporate governance vs management: Conclusions Corporate governance and management are not the same thing, although some people might think so. Actually, they are two very different things. Let’s make it clear in this article where we will look…
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Top-down and bottom-up projects
Top-down and bottom-up management are two of the most popular approaches in the Project Management world. What you need to know is that before beginning to work on a project, it is very important to have a management approach in place and to be consistent with it. CONTENT What is top-down management? Pros and cons…
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Scrum Master, an ever more important role
The Scrum Master might sound like some role-playing game character, but it is actually a leadership figure that is becoming more and more important. Many organizations today work using an Agile methodology, mainly Scrum. CONTENT What is a Scrum Master? 5 Scrum master responsibilities 1. Team members coach 2. Moderate daily meetings 3. Assist the…
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Product Manager: role importance
The Product Manager is a core figure for a business. He ensures the company’s position in the market, drives the product roadmap to meet deadlines and focuses on long-term success. How does a product manager perform this important task? We will discuss the subject in this article. CONTENT What does a product manager do? Why…
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Risk Register: how to compile it
The Risk Register is a valuable working tool, often underestimated. Projects sometimes involve huge work demands and significant amounts of money to be completed successfully. Ensuring that they are completed is an extremely delicate yet complex task. How can you achieve this? Simple: with a risk assessment and, thus, the compilation of a risk register,…
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Project budget: 7 main tips to prepare them
Planning a project budget is a crucial component, it is the very essence of a project. The concept is straightforward: if you do not have funds, you cannot successfully complete a project. CONTENT What is a project budget? How to create a project budget? 1. Make use of history and data from previous projects 2.…
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Strategic analysis in project management
Planning a project and conducting a strategic analysis should be a key activity for a project manager no matter what industry they work in. Although digital technologies and the online environment have changed in virtually every industry, the skills, tools and techniques for project planning continue to be relevant. CONTENT What does SWOT mean? When…
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Repeatable and sustainable project management processes (part 2/2)
In the first part of the article we outlined what process repeatability is and also discussed the advantages of process repeatability and sustainability. CONTENT Concerns about process repeatability and sustainability 1. Does process repeatability and sustainability mean monotony and boredom? 2. Does process repeatability and sustainability destroy creativity? How can you build a repeatable, sustainable and…
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Repeatable and sustainable project management processes (part 1/2)
Having replicable and sustainable project management processes is the foundation for any respectable organization or project team. Imagine if a project manager and a project team did not have set guidelines for project management, what would happen? You know what, it would be like taking a random group of random people off the street, having…
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7 tips for gaining competitive advantages as project manager
The competitive advantage that a Project Manager can achieve is strongly associated with project management. This is rarely easy and, consequently, the role of project manager is not a simple task. CONTENT 1. Avoid micromanagement 2. Assess priorities 3. Manage time effectively 4. Manage effective communication 5. Know the ultimate technologies in the industry 6.…