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Standard deviation is an abstract construct based on observation rather than computation or experimentation. The standard deviation, also represented by the Greek letter sigma σ, is a metric used to express the amount of variation or dispersion in a group of data. In other words, it defines how much the members of a data group … Continue reading “Project standard deviation”

The Risk Register is a valuable working tool, often underestimated. Projects sometimes involve huge work demands and significant amounts of money to be completed successfully. Ensuring that they are completed is an extremely delicate yet complex task.  How can you achieve this? Simple: with a risk assessment and, thus, the compilation of a risk register, … Continue reading “Risk Register: how to compile it”

Planning a project budget is a crucial component, it is the very essence of a project. The concept is straightforward: if you do not have funds, you cannot successfully complete a project. CONTENT What is a project budget? How to create a project budget? 1. Make use of history and data from previous projects 2. … Continue reading “Project budget: 7 main tips to prepare them”

Planning a project and conducting a strategic analysis should be a key activity for a project manager no matter what industry they work in. Although digital technologies and the online environment have changed in virtually every industry, the skills, tools and techniques for project planning continue to be relevant. CONTENT What does SWOT mean? When … Continue reading “Strategic analysis in project management”

In the first part of the article we outlined what process repeatability is and also discussed the advantages of process repeatability and sustainability. CONTENT Concerns about process repeatability and sustainability 1. Does process repeatability and sustainability mean monotony and boredom? 2. Does process repeatability and sustainability destroy creativity? How can you build a repeatable, sustainable and … Continue reading “Repeatable and sustainable project management processes (part 2/2)”

Having replicable and sustainable project management processes is the foundation for any respectable organization or project team. Imagine if a project manager and a project team did not have set guidelines for project management, what would happen? You know what, it would be like taking a random group of random people off the street, having … Continue reading “Repeatable and sustainable project management processes (part 1/2)”

The competitive advantage that a Project Manager can achieve is strongly associated with project management. This is rarely easy and, consequently, the role of project manager is not a simple task. CONTENT 1. Avoid micromanagement 2. Assess priorities 3. Manage time effectively 4. Manage effective communication 5. Know the ultimate technologies in the industry 6. … Continue reading “7 tips for gaining competitive advantages as project manager”

SMART guidelines for goal setting are key aspects of project approach. It happens, however, that these guidelines are, in some cases, set aside for the sake of extemporaneousness of the project itself or an alleged clarity of shared objectives. The result is a vicious circle: unclear objectives lengthen and undermine the project results. CONTENT What … Continue reading “Employing SMART guidelines for goal setting”

Estimating project effort and duration is a core element of any project planning. CONTENT What is effort? Not just Effort but also time factor What does duration mean? Effort and duration relationship Project effort and duration example Duration Effort Project effort and duration relationship Conclusions The goal of effective project management is to complete the … Continue reading “Effort and duration: difference and priority”

Conflicts and how they are managed are elements that every Project Manager has to face, eventually. Each project necessarily involves different individuals working together to complete a complex task. Let’s see, then, how we can best deal with them. CONTENT What is a conflict? Conflict dynamics Conflict resolution approaches 1. Confrontation 2. Compromise 3. Smoothing … Continue reading “Project manager and conflict resolution”

In project management, reporting tools can help you achieve efficient and effective communication. Communication plays a fundamental role in any work process as well as in everyday life. Whatever the scenario, you always find yourself transmitting a message or an opinion. CONTENT Why is the reporting system imperative? The 5 main reporting tools for project … Continue reading “Project manager reporting tools”

Managing and working with international teams from all over the world is becoming the new standard. Companies are experiencing a particular moment: they are growing, on the one hand, and changing their organizational structure on the other. CONTENT 5 tips for leading an international project team in the best possible manner 1. Identify international teams’ … Continue reading “How to lead an international project team”