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

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

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

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

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

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

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

Quality is the key to achieving success, whether it is a tiny pin or a huge ship, the buyer wouldn’t buy your product if it is degraded in quality. Even, when we go to any supermarket to purchase our daily needs, the first thing we do is to check the quality before placing the order. And, sometimes we won’t mind paying some extra bucks buying a high-quality product instead of choosing a cheaper one.The quality of a product can be assessed more appropriately when end users actually use that product. But imagine, what will be the impact of a low-quality ... Read More

‘Work-life balance’! Yes, one of those few phrases that has got weaved up into different strings of myriad hues creating new insights and new worlds of meanings and thought. What comes to an average mind when this phrase ‘work-life balance’ strikes? A weighing balance, isn’t? A weighing scale having worked at one end and life at the other and you got to ensure that you balance them correctly. Who does not want to have a better work-life balance? A wish most of us wish. After all, most of us live at each of the two extremes of this work-life balance ... Read More

Many project managers know the pain of getting right resources at right time. And, when the necessity is for bulk requirements, then the problem increases to manifolds. Even on some occasions, due to resource crunch, the project gets delayed, and managers have to face the music from the customers. So, it is important to give appropriate attention to resource planning by accurately assessing the project’s scope to estimate the number of resources required to complete the work.Though, many companies have dedicated resource pools which provide an opportunity to directly acquire the required resources from there. But that may not be ... Read More