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 … Continue reading “Product life cycle and its relevance in business strategies”

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 … Continue reading “Project quality control: which parameters should be monitored”

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 … Continue reading “Corporate governance vs management”

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 … Continue reading “Top-down and bottom-up projects”

Receiving a negative feedback is never a pleasant experience. You work hard to create a quality product and seeing your actions judged negatively can lead to anger and frustration. These are negative reactions that later can also compromise our performance. CONTENT How to face a negative feedback Facing negative feedback: Better safe than sorry Facing … Continue reading “Negative Feedback: 7 things to do when…”

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 … Continue reading “Scrum Master, an ever more important role”

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 … Continue reading “Product Manager: role importance”

Standard deviation is an abstract construct based on observation rather than computation or experimentation. The standard deviation, also represented by the Greek letter sigma σ, is a metric used to express the amount of variation or dispersion in a group of data. In other words, it defines how much the members of a data group … Continue reading “Project standard deviation”

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, … Continue reading “Risk Register: how to compile it”

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. … Continue reading “Project budget: 7 main tips to prepare them”

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 … Continue reading “Strategic analysis in project management”

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 … Continue reading “Repeatable and sustainable project management processes (part 2/2)”