Project management trends & insights.
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How to create a strategic project plan
A strategic project plan is more than just an operational document: it is a guiding light for the team, a map that leads from the initial idea to the final delivery. A good plan helps manage resources, time, and priorities effectively, reducing risks and maximizing a project’s success. In this guide, you will learn how…
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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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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…
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Company organizational change: change management process and project manager’s role
Organizational transformation within a company is typically undertaken because it is believed that the transition will enable a firm to work at a higher level. The aim is to become more efficient, productive, in short, to transform the company into innovative and more profitable. CONTENT What is organizational change? Why does a company change? Tips…
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Direct and indirect costs impact in projects
How do direct and indirect costs impact projects? This is the good question a fellow reader asked us and we would like to answer it in this article. Cost classification is an important concept in budgeting, accounting and project management (you may find this article about project management tools). CONTENT What are direct costs? Definition…
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Cycle Time to Lead Time Ratio
Lead time and cycle time are widely used terms in the Kanban world. CONTENT What is Cycle Time? What is Lead Time? Lead Time and Cycle Time Example How can you reduce the gap between lead time and cycle time? However, quite often, people get confused when trying to understand the difference between them and…
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Configuration Management
Configuration Management is a technical management discipline that is used to track changes in complex systems development, and was originally introduced during the 1950s by the U.S. Department of Defense. CONTENT What is the goal of project configuration management? How to run project configuration management How to run configuration management: Be ready from the get-go…
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Gap Analysis: what it is and how to perform it correctly
Gap Analysis is one of the most powerful tools available to Project Managers and more. If used correctly, in fact, it can really help a company correct its course and avoid catastrophic mistakes. CONTENT What is a gap analysis? Benefits of performing a gap analysis Benefits of Gap Analysis: Product Portfolio Opportunities Benefits of Gap…
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Project activities: role and characteristics
In this article we will examine the project activities, their role and characteristics. CONTENT What defines a project? 1. Clarify project goals and scope 2. Develop a work breakdown structure 3. Deliver a realistic schedule 4. Create a project risk plan 5. Manage change requests Project activities: planning and development 1. Setting up project activities…
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Engaging the Project Team
Knowing how to engage your project team is certainly one of the key drivers for running a successful business. CONTENT What is project team engagement? How do you measure Team members’ engagement? How to engage the project team Engaging the Project Team: Bottom Line A project manager wants their employees to feel proud of what…
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Product life cycle and its relevance in business strategies
A product’s life cycle (which should not be mistaken with a project’s life cycle) bears a strategic relevance for the company that produces it. CONTENT What is product life cycle management? The four phases of a product’s life cycle and related business strategies 1. Introduction 2. Growth 3. Maturity 4. Decline Product life cycle: bottom…
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Project quality control: which parameters should be monitored
Project quality is a major factor in achieving client satisfaction, which in turn is a key component in project success. Therefore, nothing about quality should be taken lightly, but more importantly, quality control should not be something improvised or done afterwards. CONTENT Planning and identification of parameters to be monitored for quality Parameters to monitor…