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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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Optimization of business processes – business process management
Business process management is a real challenge for most organizations. Processes are simply the heart of a company and the work that is carried out here, they exist in every department and team and are fundamental to the outcome of operations. CONTENTS What is business process optimization and what are its benefits? What are the … Continue reading "Optimization of business processes – business process 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"
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Managing project expectations
Managing project expectations is a key skill for any project manager and for the success of a project. The reason why is easy to comprehend. Delivering a project within schedule and on budget is certainly the goal of any Project Manager, but this is not enough to make a client happy. CONTENTS Expectations: what are … Continue reading "Managing project expectations"
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Six sigma: what it is and what it’s for
Not everyone is familiar with the Six Sigma method and especially what it is for. We will try to break it down in this article. Digital transformation has become the buzzword of this decade. New technologies and tools are supporting the transformation path of large and small organizations that are competing for a larger share … Continue reading "Six sigma: what it is and what it’s for"
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Corporate culture as benchmark for a project manager
Una forte cultura aziendale modella i processi decisionali di un’organizzazione, guida le azioni e il comportamento individuale di tutti i dipendenti. Nella sua forma generale, la cultura aziendale comprende credenze, norme, valori, atteggiamenti condivisi che permeano tutte le parti dell’organizzazione. CONTENUTI Cos’è la cultura aziendale? Cosa significa questo per il project manager? La cultura aziendale … Continue reading "Corporate culture as benchmark for a project manager"
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Timeboxing technology: pros and cons
To understand what timeboxing is, it is imperative to think about it and consider a regular working day. What is the standard approach when you have a list of things to do? CONTENTS What exactly is timeboxing? What makes timeboxing effective? What are the advantages of timeboxing? How hard is it to implement Timeboxing? Most … Continue reading "Timeboxing technology: pros and cons"
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FMEA methodology
FMEA methodology was created to solve a primary need of every company. The Brand, the reputation and even the survival of a company pass through the quality of its products and the relationship with its customers. Nobody wants a defective product and defects are expensive, frustrating and harmful to the reputation of an organization. The … Continue reading "FMEA methodology"
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5 tips for dealing with children when working from home during Coronavirus
All over the world, schools of all grades and kindergarten have shut their doors in an attempt to slow down the spread of the coronavirus. CONTENTS 1. Create the program of the day, also for the children 2. Communicate, even more than necessary 3. Establish limits with children 4. Take breaks 5. Schedule shifts with … Continue reading "5 tips for dealing with children when working from home during Coronavirus"
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How to manage your time working from home
Many employees will be working from home for the first time because of the pandemic we are currently facing. Many companies around the world have, in fact, implemented remote working in a near mandatory way. These employees will therefore have to face the challenge of remaining active and productive in a new environment to which … Continue reading "How to manage your time working from home"
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Project perimeter
Defining the project perimeter, also called the scope of a project, is a challenge that project managers always meet when they first work on a new project. Project scope is the part of project planning that involves determining and documenting a list of specific project objectives, end results, features, duties, tasks, deadlines, and costs. CONTENTS … Continue reading "Project perimeter"
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Project management framework
What is a project Framework? Let’s try to learn it together. A strong reason why project management is increasing in virtually all sectors is because the world economy has become project-focused. CONTENTS The six stages of the Project Framework Project framework 1. Initiation phase Project framework 2. Planning phase Project framework 3. Execution phase Project … Continue reading "Project management framework"
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The importance of negotiations in projects
Negotiating skills for a project manager are crucial and improving them will set the foundation for a successful project. CONTENTS What is the negotiation in a project Why negotiation is important for project managers Improving project manager’s negotiating skills 1. Improving negotiating skills: Practice 2. Improving negotiating skills: Preparation 3. Improving negotiating skills: Manage your … Continue reading "The importance of negotiations in projects"
Project management
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