Found 488 Articles for Project Management

How Does Strategic Management work in Project Management?

Palvi Soni
Updated on 19-Dec-2022 17:47:33

405 Views

Strategic management involves strategic decisions and these decisions depend upon the current state. Every time you meet a new obstacle, you don’t always need to create an entirely new strategy; instead, you could adjust the one you already have. Agile strategies allow you to quickly react to changing conditions, capture new opportunities, and maintain relevance in an ever-evolving market. In project management, strategic decisions are very effective and support the project's success. These decisions are always a result of your specific situation; if you are aware of your strategy, you will be in the best position to make decisions and ... Read More

Common Mistakes in Project Scope Management

Palvi Soni
Updated on 19-Dec-2022 17:41:01

368 Views

When the organization manages projects, there are chances that it may encounter some unwanted errors. The main motive of project management is to reduce risks. Every project head lead must focus on the project alignment aspects. This blog highlights the common mistakes that an organization might face while executing any project. Common Project Scope Management Mistakes Check out the listed common mistakes and see if you can initiate better project scope management practices by avoiding these. Unclear Goals Unclear goals at the beginning of many initiatives cause them to fail. While stakeholders may have a certain goal in mind, ... Read More

Which Business Certification Courses Are Trending?

Anurag Gummadi
Updated on 16-Dec-2022 14:39:09

164 Views

Want to advance your career and add value to your resume? Professional certifications and training can provide the exposure for you to grow as a business owner and IT professional. They also are a great showcase of your skills, which will increase your employment opportunities. That said, they may provide you with the needed preparation to better manage complex business situations and information technology. What is the Importance of Business Certification Courses? Business and IT certificates are both specialty certifications that focus on the needs of working professionals. They cover sectors ranging from health care to engineering and point you ... Read More

Top Ways to Prepare for PMP Credential Examination

Anurag Gummadi
Updated on 16-Dec-2022 14:37:29

140 Views

If you want to pass the Project Management Professional (PMP) exam, you're going to need a lot of work. It's important that you're prepared in advance because the materials are extensive and there will be a lot of tests involved. Studying for an exam can often be a struggle, but these top PMP exam tips should help you ace your test! The PMP Exam is a highly valued set of qualifications, but it can be challenging to prepare for due to its vast content. Ways to Prepare for the PMP Exam Survey Gather all the charts, graphs, and ... Read More

Keeping an Eye on Project Management Risks

Anurag Gummadi
Updated on 16-Dec-2022 14:36:23

186 Views

While many businesses want to take chances and adopt innovative strategies, others are afraid of taking risks. Some project managers, however, see the positives in these attempts and make calculated decisions that balance resources for future growth while still focusing on solid results. Rather than focusing solely on known successes, or an organization's predicted outcomes, project managers understand how grasping a contingency plan can help with unexpected turns of events and fast mitigation. As a project manager, it's your responsibility to assess the risks involved with each project you take on. The key is understanding the risks and coming up ... Read More

How to Manage Stakeholder Engagement?

Anurag Gummadi
Updated on 16-Dec-2022 14:34:14

350 Views

It's difficult to convince a stakeholder to purchase your services or agree to what you're offering if they don't know the people touching their life. One of the most important skills a project manager can have is in engaging and managing stakeholders. Learn how to help yourself by reading this post. When we talk about stakeholder management, we're talking about a project manager's ability to engage people throughout the process. However, a project manager often lacks much power or authority. But a project manager never has to worry about that because he or she is capable of gathering faith and ... Read More

Balancing Hard and Soft Skills: Skill for Project Manager

Anurag Gummadi
Updated on 16-Dec-2022 14:32:38

383 Views

Project management is difficult because every project has different factors that must be addressed in a specific way. One important trait of a successful project manager is the ability to blend a wide range of skills and abilities, which are sometimes measurable and observable—and others are subtle and difficult to define. So, the best thing you can do is figure out what made those individuals successful. To start with, consider what makes these projects fail. Important Skill for Project Manager: Understanding the Failures Lacking sufficient charter Uncertain of what requires a team effort Uncertain of what will be most ... Read More

What Is a Project: Definition, Types, Key Features and More

Anshita Singh
Updated on 15-Dec-2022 17:12:16

1K+ Views

A project is a series of goals that must be accomplished within a specific time frame to attain the final outcome. These series of goals can be a bunch of simple tasks or complicated ones, depending on the scope and size of the project. From executing a product launch to constructing a building, project management can take many forms for different objectives in different fields. In this blog, you will study in detail the fundamentals of a project. What is Project Management? Beginning with the project's conception, project management is a continuous and repetitive process that goes on until ... Read More

Requirements Traceability Matrix (RTM): Templates, Types, and Tools

Anshita Singh
Updated on 04-Apr-2023 12:42:28

570 Views

Depending on the phase of development, keeping track of project needs can be difficult. While some projects might only have a handful of criteria, others can have dozens and the whole process gets overwhelming. While developing any software, a variety of needs should be taken into account, including necessities for business, requisites for users, requirements for UI, demands that are both functional and nonfunctional, and technical prerequisites. Firms frequently launch new software that brims with bugs and flaws which end up costing them a ton of money. A huge corporation could lose millions of dollars in a matter of minutes, ... Read More

The Need for Interpersonal Skills in Project Management

Anshita Singh
Updated on 15-Dec-2022 12:09:01

523 Views

Project management is the organization and coordination of a company's resources to achieve a certain objective. These resources include people, money, technology, and intellectual property. A project can be created for either a one-time objective or a recurring objective over an indefinite period of time. Project management is frequently connected to industries like engineering, construction, and, more recently, healthcare and information technology (IT), which often require the completion of a complicated set of tasks. Let us see how interpersonal skills help complete such tasks. Interpersonal Skills The set of abilities we employ to engage and communicate with others is ... Read More

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