Found 597 Articles for Management

Understanding the Objectives of a Business Requirements Document

karthikeya Boyini
Updated on 28-Apr-2022 13:08:23

1K+ Views

To get what we want, we need to accurately define it. Business requirements are the critical activities of an enterprise that must be performed to meet the organizational objectives while remaining solution independent.Here are some common questions which might ring a bell in you. Has a client ever told you that the product delivered is not performing as requested? Was there a change in the deliverable after beginning to build the product? Has there been a difference of opinion about end results from multiple stakeholders? Has there been new requirements requested after the product has been built?Preparing a good business ... Read More

Planning and Scheduling Tools for Project Management

Sharon Christine
Updated on 17-Jan-2020 11:30:05

700 Views

We are living in a fast paced competitive world, where everybody wants his work to be completed as soon as possible. The industries across the world also have not escaped from this mindset. The customers who buys the products and services; the companies who provides those, and the employees who works on those projects, everybody has that pressure to get the job done on or before time. So it is the need of the hour to prepare project schedule more accurately and cautiously.Let’s discuss a scenario which can happen to any project, if proper schedule management processes are not in ... Read More

Useful Techniques to Conduct Procurement

Sharon Christine
Updated on 26-Apr-2022 12:37:57

88 Views

It is quite common these days, to have the work outsourced to a third party vendor. Ask me why? Yes, one of the simple reason is that you won’t find the right talent all the time when you look at your internal staff – in the case of services. However, if your organization intends to buy products, then there is always the concept of make vs buy study which needs to be performed to get the cost effective benefit to the firm.Procuring the products or services is an art by itself. It takes a lot of analysis, research to finalize ... Read More

Top 10 Tools for Team Communication

Sharon Christine
Updated on 22-Apr-2022 11:52:05

203 Views

In every walk of life, communication has become indispensable. Needless to say, team communications has become an integral part of each and every enterprise. E-mails are still being used by many enterprises for the sake of team communication. It is quite common these days for both employees and employers to see their respective email accounts flooded with newsletters, spam messages, unnecessary attachments etc. Despite the fact that top email service providers such as Google and Yahoo provide excellent filtering options, having a dedicated tool or software for seamless team communication will undoubtedly enhance the productivity of both employees and employers.In ... Read More

Top 10 Tools and Techniques to Estimate Project Cost

Sharon Christine
Updated on 22-Apr-2022 11:14:23

9K+ Views

Estimating the project cost can be a scaring exercise for many managers. It is often seen that many project managers across the industries burn the midnight oil to prepare a perfect estimation. Despite all the efforts, when the project cost exceeds the estimated budget, they face a lot of flak from all the corners. Though a perfect and accurate estimation of project cost may sound like climbing onto the peak of Himalayas, but a near perfect, appropriate estimation can be done with the help of few proper tools and techniques.There are a lot of uncertainties associated with the project in ... Read More

Difference between Cost Variance and Schedule Variance

Mahesh Parahar
Updated on 24-Feb-2020 12:04:38

385 Views

For any application or specifically for any project the one of the most concern factors are its budget management and time management in both pre development and post development phase. So to evaluate these both prime factors of any project there are many ways among which Cost Variance and Schedule Variance are the two important and main ways.As name suggests Cost Variance is based on cost that has been spent in development of the project while Schedule Variance is based on time that has been spent in same development. So this is the main difference or characteristics about both variances ... Read More

Difference between Cost Performance Index (CPI) and Schedule Performance Index (SPI)

Mahesh Parahar
Updated on 24-Feb-2020 12:03:12

590 Views

For any application or specifically for any project the most concern factor is its performance in both pre development and post development phase. So to evaluate the performance of any project there are many ways among which Cost Performance Index (CPI) and Schedule Performance Index (SPI) are the two important and main ways.As name suggests Cost Performance index is based on cost that has been spent in development of the project while Schedule Performance Index is based on time that has been spent in same development. So this is the main difference or characteristics about both indexes however more to ... Read More

Differences between Quality Assurance and Quality Control

Kiran Kumar Panigrahi
Updated on 22-Feb-2023 15:00:40

562 Views

Both Quality Assurance and Quality Control primarily focus on defectfree delivery of an application. Quality Assurance focuses on preventing defects. It ensures that the approaches, techniques, methods and processes designed for the projects are implemented correctly. Quality Control, on the other hand, focuses on identifying the defects. It ensures that the approaches, techniques, methods and processes are designed in the project are followed correctly. Read this article to learn more about quality assurance and quality control and how they are different from each other. What is Quality Assurance? Quality Assurance, also known as QA, focuses on preventing defects. It is ... Read More

Upskilling: The Sure Shot Career Mantra for 2020

Samual Sam
Updated on 29-Feb-2024 15:05:00

55 Views

Job trends keep changing every year because of the introduction of new realms of life and business around us. This influence is always felt in the job market. While some professions may become extinct many other new and unheard roles plunge in front of us. As it is well known, the only constant thing around us is Change. The way we look at these changes makes all the difference. When it comes to jobs and career progress, upskilling is the only mantra to deal with change. If you are keen on accomplishing a progressive change for your career in 2020, ... Read More

Make money online profit without investment

Samual Sam
Updated on 09-May-2022 11:16:03

482 Views

Nobody in the world, who does not require extra money in their hand without going anywhere and without investing anything?If you are artistic and self-confident about your skills and very much interested in googling, then making money online won’t be tough for you.Because of some reason, if your cash gets over and you need extra cash immediately, internet is an excellent resource to make money fast without going anywhere. Also, you get various options to work according to your skills and your own comfort.To earn money online; it is not required that you should be having your own website, own ... Read More

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