Project management trends & insights.
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Project visibility: how to keep everyone on the same page
Nel mondo del project management, la visibilità del progetto è una leva strategica per garantire che ogni fase proceda in modo fluido ed efficiente. Quando il team di progetto ha una visione chiara e aggiornata, comunicazione e produttività migliorano notevolmente. Vediamo nell’articolo perché la visibilità del progetto è fondamentale e quali sono gli step e…
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The Precedence Diagramming Method in Project Activities
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…
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Team training as an added value – how and when to do it
Team training is a key aspect of a modern company if you consider that teamwork is now unanimously considered essential for business success. Therefore, today more than ever, it is essential not only to know how to create a project team that works, but above all it is imperative to make it grow in the…
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Product backlog
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…
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Team preparation and training – how relevant it is to the organization
Team preparation and training for the organization is a major part of a project manager‘s job and it doesn’t just apply to new employees. People need training and support throughout their careers, both as individuals and as a team, to develop their skills and continue to work effectively. CONTENT 5 team preparation and training tips…
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Net Present Value (NPV) and Internal Rate of Return (IRR): Project selection methods
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…
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Decision making and its impact on problem solving
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…
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Top-down and bottom-up – Different approaches for different problems in project management
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…
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Theory of Constraints in Project Management
Theory of Constraints in Project Management is an approach that helps you to pinpoint the crucial limiting factor, usually referred to as a constraint or bottleneck, that gets in the way of achieving a goal. CONTENT Theory of Constraints Goal The five implementation steps Theory of Constraints in Project Management – Critical Chain Project Management…
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Business Analysis Body of Knowledge® (BABOK® Guide)
Business Analysis Body of Knowledge (BABOK ® Guide) is the ultimate guide to the business analysis art. Few analysts can really work without relying on it. The guide is described as “a globally recognized standard for the practice of business analysis,” written with the aim of defining the skills and knowledge that a seasoned professional…
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Bottlenecks and project delays
A bottleneck is basically a situation where work is delayed. It can be a one-off event due to unforeseen circumstances, such as a team member who gets sick, or it can be events that happen on a regular basis due to poor planning or a lack of resources. CONTENT What is a bottleneck and what…
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Preventive and corrective actions in project quality
Corrective and preventive actions are processes used to identify, record, and address defects, deficiencies, and nonconformities. CONTENT What is the CAPA? What does corrective action mean? Corrective Process Steps What is preventive action? Popular – yet wrong – ideas about CAPA These are also called “CAPA” (“Corrective Actions Preventive Actions”) and constitute an organization’s immune…
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Strategic thinking and its relevance for a successful project manager
Strategic thinking and its importance is what elevates a project manager to the next level. Project managers are definitely accountable for a project’s timely delivery, but it’s their skill in crafting a strategy that makes the difference. CONTENT Strategic thinking and how to strengthen it in the business scenario Shifting from tactical to strategic project…