Project management trends & insights.
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Project standard deviation
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…
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Waterfall vs Agile: Which methodology to choose for project management?
Which methodology between Waterfall vs. Agile to choose? Every project comes with its own set of unique challenges, and this decision—whether to adopt a waterfall approach or embrace agile development—comes up in every scenario. Now, more than ever, it is crucial to ensure that the development methodologies used by an organization are tailored to the…
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Obtaining project budget approval: 5 key tips
Obtaining project budget approval is not an easy task. Every project comes with costs, and generally, the larger and more complex the project, the more difficult it will be to get approval. CONTENT Obtaining budget approval: What to consider when making a project budget 1. Cost estimates 2. Budget contingency 3. The bottom-up approach 4.…
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Differences between Project Management and Program Management: Full Guide
Project Management and Program Management are related and often interconnected disciplines. Projects are like trains managed by a project manager who helps drive a team’s work to achieve goals and produce a finished product or service. A program, in contrast, is like a set of trains running on different tracks but headed for the same…
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Scope Management: managing the project scope
The Scope Management of a project is the set of processes necessary to ensure that the scope of a project is precisely defined and mapped. Project scope management techniques enable project managers to assign the right amount of work required in order to successfully complete a project, particularly by controlling what is and what is…
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Kanban board: a quick and easy way to keep everything in check
Some assignments are one-offs, whereas others require more planning and coordination – and that’s where the Kanban board steps in. CONTENT Kanban board: what is it? Kanban board anatomy Setting up a Kanban board: how to do it? A Kanban board can be either physical or digital Set up columns Why is a Kanban board…
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The Project Management Plan as a project compass
What is a project management plan? You probably already know it, but if this is not the case, or if you still have doubts, read this article and we will try to explain it. Contracts have been signed, handshakes have taken place and a new project is officially on its way. TABLE OF CONTENTS What…
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Project scorecard: what it is and how to use it
The project scorecard is a key document that provides insight into the effectiveness of a project. A well-defined evaluation framework helps analyze successes and failures, enabling informed decision-making regarding future initiatives. A consistent evaluation method enables companies to improve accountability and transparency, promoting a culture of constant improvement. CONTENT What is project evaluation? What is…
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The best workload management software of 2025
Good workload management software can improve project planning and team performance. Indeed, managing and monitoring the load of resources (workload) is a crucial activity for every project manager. Being aware of how project activities are distributed, to whom and especially why is not something to be done empirically, but requires professional tools. Ed è per…
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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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Resource management: everything you need to know
Resource Management, or the ability to manage resources useful for the execution of a project, is one of the skills definitely required in the case of a Project Manager. It is logic that an organization uses different resources for the execution of a single project. These resources typically include people, equipment, information, materials, time, and…
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How to develop effective sustainable projects
Pursuing sustainable projects has become an important focus for companies in many industries. In fact, the global community is increasingly recognizing the importance of environmental and social sustainability, and companies are beginning to understand the need to adopt sustainable practices in their operations. Embracing greener initiatives not only helps to preserve our planet better but…
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The best project management tools for IT companies
In the dynamic world of IT companies, project management is a crucial task that requires appropriate tools to address industry-specific challenges, such as: CONTENT Needs and criticalities of project management in IT companies The ranking of the best project development software for IT companies 1. Twproject 2. Zoho Projects 3. Asana 4. Jira 5. Kantata…