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Articles by Ruda Rabbani
8 articles
Effective Way for Project Status Communication
A project is a series of specific tasks performed in a predefined order to achieve an objective. Projects are assigned to teams, and the team's size depends on the project's size. Every project has some financial limitations, and it should be completed within a specific time limit. Projects are broken down into small modules and then handed over to team members according to their areas of expertise. To make a project successful, a team of people with the knowledge and required skill sets for that project is created. A project has an objective that will add value to the business, ...
Read MoreCreating and Maintaining a WBS Dictionary
The work breakdown structure provides a roadmap to carry out specific activities of the project in a pre-defined manner to avoid confusion and conflict among the teammates. so that any friction in the production process can be reduced to a minimum and the activities carried out smoothly. What is a WBS? Work breakdown structure is a tool to manage the activities of the project; WBS decomposes the activities of large projects into smaller tasks and then distributes them among the specialized professionals to carry out their respective activities, and all the project data is maintained in the WBS dictionary. ...
Read MoreOperations Concepts Taught in an MBA
An MBA in operations management is a postgraduate program, which is in demand these days. An MBA degree in operations management will teach you the core concepts of planning, scheduling, controlling, and managing the overall production process of the business. In a manufacturing firm, an operations manager has to be an all-rounder to manage the activities of day-to-day production. Operations management will teach you to maintain the daily activities of the business for the scheduled and error-free delivery of products. Operations management talks about how raw materials and labor can be transformed into finished goods and services that can be ...
Read MoreMBA in HR Management
MBA stands for "Masters in Business Management." Here, "management" is the term used to manage all the activities and resources used in the smooth functioning of the business. MBA is a 2-year post-graduate degree program that is highly demanded nowadays and will continue to be in demand in the coming years. MBA makes the candidate job-ready, helps with networking, builds up leadership skills, and improves business understanding. Selection for the MBA program is done through various entrance examinations like the CAT, GMAT, CMAT, IBSAT, XAT, etc. Most Tier 1 and Tier 2 business schools select through these exams. For the ...
Read MoreEssential Operations Manager Skills
Operations management means managing the operations of the business efficiently and effectively to increase the net operating profit of the organization. Operation management is a branch of business management just like HR management, finance, and marketing. As the name suggests, operations management means managing the organization's day-to-day activities to achieve the organization's goals and increase its profit. Operation management deals with the optimum utilization of available resources and maintaining inventory so that it won’t fall short of inventory if it’s a product-based industry. Operation management takes care of the smooth functioning of the organization so that everything will be done ...
Read MoreFinance Management and How to Get an MBA in Finance?
An MBA in finance will help you to create a financial base for your industry by researching historical data and present market structure. It also helps with predicting the future requirements of the business and its growth enabling you to manage the asset and liabilities of the business. Finance will teach you the money aspect of the business which will enhance your decision-making skills. Financial Management Financial management is the field of business that deals with the finance of the company. Financial management works with an investment of available financial resources (cash, assets, marketable securities, etc) to receive a return ...
Read MoreStudying in Germany and Ways to Get There
Germany (Deutschland) is one of the most popular countries among students not just because of its astonishing and excruciating history but also because of its growing economy, stable career opportunities, and amazing student policies. Because of the abundance of opportunities, Germany is ranked third in terms of education and career growth. Most of the courses that are taught in Germany are in the English language, which attracts more international students. In 2014, Germany’s education policy was changed to waive tuition fees for international students for bachelor’s and master’s courses at public universities. There are around 240 public universities in Germany, ...
Read MoreThe Great Resignation What It Means for Employers
"The Great Resignation" has become a popular term after the 2020 pandemic when people start quitting their jobs in large numbers. People voluntarily start resigning from their job positions in 2021, which is the year followed by COVID-19. The most common reasons for this mass resignation are delays in salary payment, intense competition for workers, and the increased cost of living because of the pandemic. What is the Great Resignation? A "great resignation" or "great reshuffle" is a term used when people start to quit their jobs in mass to find better prospects that offer them stability and a ...
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