Project management trends & insights.
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Project scorecard: what it is and how to use it
The project scorecard is a key document that provides insight into the effectiveness of a project. A well-defined evaluation framework helps analyze successes and failures, enabling informed decision-making regarding future initiatives. A consistent evaluation method enables companies to improve accountability and transparency, promoting a culture of constant improvement. CONTENT What is project evaluation? What is … Continue reading “Project scorecard: what it is and how to use it”
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Managing roles and responsibilities of a project
Assigning roles and managing project responsibilities is certainly one of the most sensitive things a Project Manager has to deal with. You have to deal with sensitivities and expectations of team members, but at the same time you can’t lose focus on the project objective or business purpose. Successful projects are usually the product of … Continue reading “Managing roles and responsibilities of a project”
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Business climate and organizational well-being
Business climate, organizational and individual well-being and employee commitment are related to important organizational results, such as productivity, health and employee commitment. These elements are complementary and mutually influential. Work plays a key role in the health and well-being of employees and it is important to know the negative impact on organizational well-being and, consequently, … Continue reading “Business climate and organizational well-being”
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Successful projects: evaluation parameters
The success of a project is usually calculated with traditional evaluation parameters that only take into account the fact that the project has respected the budget and the programme. Quite often, however, this is not enough. Some organizations consider broader parameters than the traditional ones – cost, planning and operation – and determine the success … Continue reading “Successful projects: evaluation parameters”
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Determine and manage project criticalities and risks (second part)
Let’s go back to our discussion about the detection and management of project criticalities already started with the previous article. CONTENT Effective criticality management Ways to address criticalities After having addressed the criticality… Warning flags indicating that you’re drifting towards failure 1. There is no project risk 2. Some risks remain unidentified 3. Risk identification … Continue reading “Determine and manage project criticalities and risks (second part)”
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Determine and manage project criticalities and risks (part one)
The recognition and management of project risks and criticalities is one of the most crucial aspects for the success of a project; however, this issue is easily overlooked. Throughout the life cycle of any project, there will almost always be unforeseen problems, questions and concerns that occur. When these problems appear, the project manager and … Continue reading “Determine and manage project criticalities and risks (part one)”
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Project responsibility matrix
The project responsibility matrix is a fundamental mainstay not only for the Project Manager but for the entire Project Team. Regardless of the size of the project, in order to prevent problems, task descriptions and role divisions need to be clearly set out. CONTENT What is a project responsibility matrix? Benefits of a project responsibility … Continue reading “Project responsibility matrix”
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Measuring the state of progress: the importance of a software
Measuring the progress of the project, or a simple task, is obviously critical, but why is it so important to use good software to achieve this? It probably happened more than once that the project manager was asked the question “So, are we done?” in relation to a project activity or the project itself. CONTENT … Continue reading “Measuring the state of progress: the importance of a software”
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7 tips to increase working group cohesion
Having a strong, cohesive team, is the dream of every Project Manager. Working in a team has become common in many organizations, but working with others may not always be easy, especially when team members disagree with each other. CONTENTS What is the working group cohesion? How to increase working group cohesion 1. Set objectives and … Continue reading “7 tips to increase working group cohesion”
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Monte Carlo method for project management
The Monte Carlo Method used in predicting project results is what we would like to discuss with you today. Let’s see what it is. Almost all project managers have experienced, at least once in their career, a missed deadline for a project. CONTENTS What is Monte Carlo method or simulation? Example of how the Monte … Continue reading “Monte Carlo method for project management”
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5 ways to effectively manage a virtual meeting
Being able to effectively manage a virtual meeting has become extremely important in this times where many are facing work from home for the first time. Especially for those that have to coordinate a team, this method can become an even greater challenge. CONTENTS Effectively manage a virtual meeting: Find the most convenient time for … Continue reading “5 ways to effectively manage a virtual meeting”
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Determining project constraints
Project constraints are elements that limit the project and affect the way the project manager and their team manage it. CONTENTS The triple project constraint The triple constraint of the project: Cost The triple constraint of the project: Time The triple project constraint: Application Scope Other important constraints Lack of commitment from the management team … Continue reading “Determining project constraints”
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Managing project variants
Changes throughout a project are not unusual for project managers. CONTENTS First step: accept the change Management process of project variants The change request is received The change request is assessed The response strategy is drafted and presented to stakeholders The response strategy is approved or declined Leading a project team through the variant management … Continue reading “Managing project variants”