According to many studies, more than 60% of projects are either late or fail to deliver to specifications. Risk is one of the aspects that can impact timeline, budget, scope, and project resources, and there is no way of knowing when it will happen. Most of the time, you will feel like all the odds are ...
Project management tool assist individuals and teams in managing and organizing their tasks and projects effectively. Project management software is not specifically designed for project managers. It is customized and adjusted to fit the needs of a team of different sizing and with different organizational ...
Generating an accurate estimate is one of the crucial aspects of job management, leading to successful project execution. Not only do estimates help you win new business, but they also determine the project budget, manage resources, focus on schedule, and ultimately deal with invoicing.Unfortunately ...
Have you ever considered how assumptions affect our lives? For example, we assume our alarm will go off as scheduled, we will have our first coffee in the morning, and we believe our car will start and get us to work on time.It's in human nature to operate under assumptions. However, sometimes they can ...
Not all projects are designed to be equal. Some changes happen whether you like it or not. Your team members get sick, or some unexpected delays occur. But whatever changes you are facing now must be analyzed and managed, and then accepted or rejected.If management accepts the change, it needs to be ...
People are often concerned about action items and what they stand for. It is crucial to have a complete understanding of this term, its importance, and how it works.Organizations and companies need to deal with matters efficiently. One way of accomplishing efficiency is by completing all the tasks. However ...
The war room concept has been in use for a long time, yet many people still have issues figuring out what this concept is about. When someone mentions a war room, the first thing you think about probably has nothing to do with business. You may imagine a small, dark room on some battlefield in the middle ...
Making decisions, especially those that will affect your entire team and their performance, is the most challenging thing to do as a project manager. While many believe that writing pros and cons can fix this issue, it's not as easy as it seems. Different aspects need to be revised and when stakeholders ...
Slack time tells you how much wiggle room a task has before it delays the whole project. Knowing how to calculate it helps service businesses stay flexible, spot risks early, and keep timelines from slipping when things get messy. But how to do it properly?
You would often hear project managers using issue management and risk management interchangeably. However, did you know that these two concepts are entirely different and need to be handled differently?A skilled project manager should oversee issue and risk management and have strategies to deal with ...
The term agile is used quite loosely today, but what does it really mean? Can a strategy or a team be agile by simply following a step-by-step development plan?Many organizations have evolved, and their professionals need to be familiar with agile more precisely. By knowing agile's fundamental principles ...
Deliverables are the tangible results your project promises, the stuff clients actually care about. From documents to designs, knowing what counts (and what doesn’t) keeps teams aligned, clients happy, and scope creep from sneaking in through the back door. But in project management...?