As a project manager, possessing analytical skills for successful projects is the absolute core of required skills. Analytical thinking can help you explore complex problems, make decisions and find solutions. CONTENT What are analytical skills? The analytical thought process Why are analytical skills important? Analytical skills examples How to improve analytical skills So let’s take … Continue reading “Analytical skills for successful projects”

Business Analysis Body of Knowledge (BABOK ® Guide) is the ultimate guide to the business analysis art. Few analysts can really work without relying on it. The guide is described as “a globally recognized standard for the practice of business analysis,” written with the aim of defining the skills and knowledge that a seasoned professional … Continue reading “Business Analysis Body of Knowledge® (BABOK® Guide)”

A bottleneck is basically a situation where work is delayed. It can be a one-off event due to unforeseen circumstances, such as a team member who gets sick, or it can be events that happen on a regular basis due to poor planning or a lack of resources. CONTENT What is a bottleneck and what … Continue reading “Bottlenecks and project delays”

Corrective and preventive actions are processes used to identify, record, and address defects, deficiencies, and nonconformities. CONTENT What is the CAPA? What does corrective action mean? Corrective Process Steps What is preventive action? Popular – yet wrong – ideas about CAPA These are also called “CAPA” (“Corrective Actions Preventive Actions”) and constitute an organization’s immune … Continue reading “Preventive and corrective actions in project quality”

Strategic thinking and its importance is what elevates a project manager to the next level. Project managers are definitely accountable for a project’s timely delivery, but it’s their skill in crafting a strategy that makes the difference. CONTENT Strategic thinking and how to strengthen it in the business scenario Shifting from tactical to strategic project … Continue reading “Strategic thinking and its relevance for a successful project manager”

Organizational transformation within a company is typically undertaken because it is believed that the transition will enable a firm to work at a higher level. The aim is to become more efficient, productive, in short, to transform the company into innovative and more profitable. CONTENT What is organizational change? Why does a company change? Tips … Continue reading “Company organizational change: change management process and project manager’s role”

How do direct and indirect costs impact projects? This is the good question a fellow reader asked us and we would like to answer it in this article. Cost classification is an important concept in budgeting, accounting and project management (you may find this article about project management tools). CONTENT What are direct costs? Definition … Continue reading “Direct and indirect costs impact in projects”

Lead time and cycle time are widely used terms in the Kanban world. CONTENT What is Cycle Time? What is Lead Time? Lead Time and Cycle Time Example How can you reduce the gap between lead time and cycle time? However, quite often, people get confused when trying to understand the difference between them and … Continue reading “Cycle Time to Lead Time Ratio”

Configuration Management is a technical management discipline that is used to track changes in complex systems development, and was originally introduced during the 1950s by the U.S. Department of Defense. CONTENT What is the goal of project configuration management? How to run project configuration management How to run configuration management: Be ready from the get-go … Continue reading “Configuration Management”

Gap Analysis is one of the most powerful tools available to Project Managers and more. If used correctly, in fact, it can really help a company correct its course and avoid catastrophic mistakes. CONTENT What is a gap analysis? Benefits of performing a gap analysis Benefits of Gap Analysis: Product Portfolio Opportunities Benefits of Gap … Continue reading “Gap Analysis: what it is and how to perform it correctly”

In this article we will examine the project activities, their role and characteristics. CONTENT What defines a project? 1. Clarify project goals and scope 2. Develop a work breakdown structure 3. Deliver a realistic schedule 4. Create a project risk plan 5. Manage change requests Project activities: planning and development 1. Setting up project activities … Continue reading “Project activities: role and characteristics”

Knowing how to engage your project team is certainly one of the key drivers for running a successful business. CONTENT What is project team engagement? How do you measure Team members’ engagement? How to engage the project team Engaging the Project Team: Bottom Line A project manager wants their employees to feel proud of what … Continue reading “Engaging the Project Team”