Project management

Lean accounting has grown in popularity in the first decade of the 21st century as an increasing number of companies have embraced lean production and lean processes. CONTENT What is lean accounting? How does lean accounting work? 1. Simplifying financial reporting 2. Tracking financial data that matters and removing waste 3. Understanding what creates the … Continue reading "Lean accounting: How to implement it for a successful management analysis"

Project management for the construction industry is arguably one of the most intricate segments of project management ever. Whether you’re building a shopping mall or a residential building, there are countless elements and people in a construction project that must be accurately coordinated. CONTENT What is project management for the construction industry? What are the … Continue reading "Project management for the construction industry"

A customizable project management software makes project planning, execution and progress tracking a piece of cake. CONTENT What is a project management software? 1. Collaboration 2. Programming and planning 3. Resource management 4. Budget management 5. Documentation If you can implement a variety of features. For example, you can create a transparent record so that … Continue reading "A customizable project management software"

No project plan is complete without a project management timeline. CONTENT What is a project management timeline? Project management timeline advantages How to create a project management timeline Understand your project scope Split your project into milestones Estimate how long each activity will take Assign tasks to your team Choose project management software Track each … Continue reading "Project management timeline"

Thanks to “to dos“, or the agile way of managing projects, some companies can revamp their products in a short period of time, while others spend years doing so. CONTENT What is agile project management? The 4 core values of agile methodology The 6 to dos of Agile methodology 1. Project planning 2. Product roadmap … Continue reading "The “To Dos”: the agile way of managing projects"

Many project managers will confirm that the most successful projects start with the planning phase which determines how to kick off a project successfully. CONTENT What is the project launch phase? How to kick off a project How to kick off a project: The People How to kick off a project: Processes How to kick … Continue reading "How to kick off a project successfully"

The project management report is an essential document in project management. CONTENT What information should be included in a project management report? How to write a project management report Tips on how to write a project management report This document allows the project manager to document the start, ongoing and final stages of a project. … Continue reading "The project management report"

Project calendars are a great way to share project timeline information with all team members. With that in mind, project planning calendars are a bit more complex than those you use in everyday life. Although their format is familiar, they include a much more comprehensive range of information. Let’s take a look at this article … Continue reading "Project calendars"

Ensuring the final outputs of the project, can become challenging for a project manager, especially considering the many moving parts during the life cycle of a project and the many people involved. CONTENT What is a project output? Factors for getting the most out of final project outputs 1. Define outputs 2. Involve stakeholders 3. … Continue reading "Final project outputs: how to get the best out of them"

Often, producing a project initiation document may appear unnecessary when you have already received your client’s approval, completed your planning and secured your resources. CONTENT What is a project initiation document? How to create a project initiation document in 6 steps 1. Provide context 2. Define project parameters 3. Define specifications 4. Define your project … Continue reading "The Project Initiation Document"

Quality communication is paramount to managing client requests in your projects. This means: understanding who the client is, what they need from the project, how to set reasonable expectations, and establishing criteria for successful delivery. CONTENT Identify your client Identify your client’s needs Always engage your client Getting client feedback Managing changes by your client … Continue reading "Managing customer requests in projects"

There’s a reason why managing several projects at once is a highly sought-after skill in project management: the sheer thought of dealing with so many important tasks can be an anxiety-inducing experience for many project managers, and even the most skilled professionals can find themselves struggling. CONTENT 5 strategies for managing and monitoring multiple projects … Continue reading "Managing several projects at once"

Sharing project knowledge allows you to manage the project effectively, tracking all the steps, choices made, reasons, changes, and what didn’t work. CONTENT Twproject’s best features for sharing project knowledge 1. Resource management 2. Activity management 3. Planning and scheduling 4. Work time management 5. Documents management 6. Issue management 7. Cost management 8. Enterprise … Continue reading "Knowledge management: sharing project knowledge with Twproject"

PMBOK’s seventh edition in English is due October 15, 2021, and it is a completely unexpected and unorthodox version of previous editions. CONTENT PMBOK®: a short story What are the key aspects that impacted PMBOK’s seventh edition? And what will be the impact of these changes on the PMP and CAPM exams? The origin of … Continue reading "PMBOK seventh edition"

Throughout the decades we’ve had significant technological advances that allow us to approach methods and issues more efficiently, including lead and lag time management. CONTENT What are leads and lags in a project? What is lead time? What is lead time in project management? What is lag? What is a lag in project management? Lead … Continue reading "Lead and Lag time management: Benefits of using a software"