Found 822 Articles for Business

Lean project management is geared towards identifying and reducing waste in the production process. This is done by following different guidelines for waste identification, which are much more prominent when you're making things with your own time. Waste in Lean Manufacturing As described by agile practitioners, here are seven forms of waste that can be found in software development. Partially Work Done When you start work on a project but leave it without completing it, you might be leaving some resources not only untapped but also wasting them. Resources in the form of code completed but not tested, specs ... Read More

Regardless of the purpose, project management is a necessary skill for anyone. Whether you are at the office trying to organize and be more productive or practicing project management skills outside of work to dedicate more time to projects, there are many systems available. The success of project management has been a slow process, but the smart ways we've been introducing new technology are taking it to the next level. In order for a project management system to be effective, it's crucial that you not only know how to use it but also be cautious when picking one for yourself. ... Read More

Project managers must give great attention to quality control processes, and for this reason, it's crucial to understand the cost of quality. The cost of quality can vary based on an organization's ability to seek out and stop poor quality from reaching a customer. Project managers need to be able to understand the full scope, which includes delaying delivery in exchange for regulatory directions or repairing something that can't be easily discarded. Failure to invest in quality has a high price and can affect the project's stakeholders, its team members, and the end-users. As a PMP proficiency holder, you will ... Read More

Project management is a tough, challenging job. It's no surprise that there would be jargon, terminology, and knowledge that needs to be learned. That's just what happened over the years and is still happening today. The following is a list of project management concepts and terms that will benefit you even if you're a seasoned veteran. If you need an introduction to project management, maybe these short definitions will help. General Terms and Concepts Let us look into a few common terms and concepts. Project Plan A project plan is a document that lays out the details of a ... Read More

Since it was discovered, project management has been applied to many different industries, even high-tech, and manufacturing operations. This method originally started in the construction industry, where it was first developed for controlling schedules, costs, and specifications. Managing a big project can be challenging, but it's really all in the planning. Successful project management is the ability to connect each component to the others and how they fit together. There are a lot of different components that go into any real estate project, unlike any other domain. What do you Understand By Real Estate Project Management? Project management is ... Read More

The PMP certificate has such weight in the industry because someone who has this certification is a qualified project manager with all of the necessary qualifications. If you want to earn your PMP certificate, it may seem daunting due to the requirements. PMP certification Requirements In order to have a PMP certificate, there are a couple of requirements − Project management education of about 35 hours Experience in hours (a specified number) The PMP certification is one of the most prestigious degrees for project managers. The job expectations for a project manager are diverse, which makes it easy ... Read More

Marketing can impact how your product is marketed, but there's still a huge difference between marketing and promotion. However, understanding the project life cycle and product life cycle and having some strategies for their use will help you integrate both into your business plans with maximum effectiveness. Product Life Cycle A product's life cycle might be represented by five stages: Development, Introduction, Growth, Maturity, and Decline. In the beginning, there were no sales yet. After people try the product and are receptive to it, there will begin to be some sales during the growth phase. Eventually, as sales decline, the ... Read More

Project management is on the rise. More than 15 million jobs were available in 2022, and companies across many industries are searching for new project managers with relevant experience and qualifications. Want to increase your credibility and career opportunities? Invest in one of these two specialized PMI-certified certifications-- CAPM or PMP. Understanding the differences between them is critical because your choice will influence how you're perceived in the industry. Requirements for PMP or CAPM Certifications If you're looking to start a career in project management and don't have project management experience or an advanced degree, the CAPM certification is ... Read More

You earn the title of "Project Management Professional" (PMP) by successfully passing the PMP certification exam. Once you are a PMP, you can help your company get new projects in order, manage deadlines, coordinate team efforts, and complete projects on time. As the most recognized and valued individual certification in project management, the PMP designation opens doors to a world of opportunities. In many cases, it's a mandatory qualification for a project management role. With our help and guidance, you, too, can become a respected and certified project manager who can work anywhere in the world. As the most recognized ... Read More

Just in case you have forgotten, you hear stories all day long. That might be on the radio or a clip of a television commercial before a video. You will always remember at least one story because they've impacted your life. Stories have been linked to human communication behavior for centuries. Stories can be used to tell many different things and illustrate the power that stories have in persuading, informing, influencing, and motivating action. Nowadays, the emergence of storytelling in various fields has gained recognition by practitioners like public relations, marketing communications, and more. An influential paper from 1992 highlights ... Read More