Project management

Working on several different projects at once is what most project managers do. CONTENT Working on several different projects at once: Have a place in which to “host” all projects Working on several different projects at once: Establish goals, plans, responsibilities, and expectations at the very beginning Working on several different projects at once: Prioritize … Continue reading "Working on several different projects at once: 7 strategies to keep everything under control"

Obtaining project budget approval is not an easy task. Every project comes with costs, and generally, the larger and more complex the project, the more difficult it will be to get approval. CONTENT Obtaining budget approval: What to consider when making a project budget 1. Cost estimates 2. Budget contingency 3. Budget monitoring Tips for … Continue reading "Obtaining project budget approval: 5 key tips"

Implementing lean processes in projects is becoming progressively more popular in multiple industries. The goal of such implementation is to fix issues and lessen inefficiencies. CONTENT What is lean project management? Lean project management principles. The Lean Method Lean Project Management Lean project management implementation 1. Creating a corporate culture 2. Having a well-trained team … Continue reading "Implementing lean processes in projects: The lean methodology"

Procrastinating issues in projects is by far the deadliest of sins a project manager can commit. CONTENT What does procrastinate mean? Impact of procrastination on issues in projects Low morale Stress Increased procrastination Solving procrastination issues in projects Determine why you procrastinate Devise a plan Set up a reward system Peer pressure Keep distractions to … Continue reading "Procrastinating issues in projects"

Evaluating projects to prevent disasters is extremely important. That’s why Project Manager is critical, and we often find serious challenges that if addressed poorly can derail programs. CONTENT Evaluating a project: Knowing the project inside out Evaluating a project: Determine the right project team Evaluating a project: Finding a skilled project manager Evaluating a project: … Continue reading "Evaluating projects to prevent disaster. 7 key tips"

The Precedence diagram, especially when created through a project management software, can be the greatest asset for a Project Manager. CONTENT What is the precedence diagram method? How to create the precedence diagram What are the four dependencies in precedence diagrams? Pros and cons of the precedence diagram method Having many challenging responsibilities involved in … Continue reading "Precedence diagram method for establishing dependency relationships between activities"

Meeting project deadlines can be a source of heavy pressure and concern for many people. CONTENT Why is meeting project deadlines so difficult? Why are deadlines in projects important? Managing a deadline 1. Meeting project deadlines: Assessing what is needed 2. Meeting project deadlines: Getting the right resources 3. Meeting project deadlines: Considering possible problems … Continue reading "Meeting project deadlines: 5 life-saving tips"

Problem solving is a project manager skill that facilitates effective problem solving by combining creative thinking and strong analytical skills. CONTENT Problem-solving techniques: a 5-step approach Problem solving step 1: Problem definition Problem solving step 2: Cause determination Problem solving step 3: Ideas generation Problem solving step 4: Best solution selection Problem solving step 5: … Continue reading "Problem solving: a Project Manager skill"

In all organizations, projects are a key means of building value, and planning activities to help the team di progetto becomes a critical step. CONTENT Project activities definition Project activities list Milestones The sequencing process of project activities Creating a Gantt Chart Network chart creation Critical path to planning activities Allocating resources Managing an organization … Continue reading "Planning activities to help your project team"

Measuring your project’s performance  doesn’t just mean meeting project budget and timelines.  In fact, other types of performance are also expected to be monitored and measured. This is intended to measure the ROI nd to determine if goals are being met. CONTENT Setting and measuring project objectives The 5 performances to measure in a project … Continue reading "Measure your project’s performance"

The precedence diagramming method of project activities is a visual representation technique that shows the interdependencies of activities and is used in the development of project planning. CONTENT What is the Precedence Diagamming Method (PDM)? How to build a precedence diagramming method (PDM) Relationship types in precedence diagramming method Dependency types in precedence diagramming method … Continue reading "The Precedence Diagramming Method in Project Activities"

A product backlog is a list of work priorities for the development team that is derived from the roadmap and requirements. Included within this document are new features, changes to existing ones, bug fixes, infrastructure changes, or other activities to achieve a specific outcome. The product backlog is the only authoritative source for the things … Continue reading "Product backlog"

Distinguishing between data returned by Net Present Value (NPV) and Internal Rate of Return (IRR) (two project selection methods), when analyzing a project, is important because these methods can yield contradictory results. The resulting difference could be due to a difference in cash flow between the two projects. Net Present Value (NPV) and Internal Rate … Continue reading "Net Present Value (NPV) and Internal Rate of Return (IRR): Project selection methods"

Decision making and its impact in problem solving is simply undeniable and is an intrinsic part of effective project management. CONTENT The importance of decision making in problem solving The 6 stages of the decision-making process The Decision Making Process: Defining and Identifying the Problem Clearly The Decision Making Process: Collecting Information The Decision Making … Continue reading "Decision making and its impact on problem solving"

Top-down and bottom-up stand for different approaches to different problems in project management. CONTENT Top-down project management Pros and cons of the top-down approach Bottom-up project management Pros and cons of the bottom-up approach Il New York Times: an actual example Deciding between top-down and bottom-up approaches: the hybrid method Using technology as a tool … Continue reading "Top-down and bottom-up – Different approaches for different problems in project management"