Understanding Project Integration Management
Currently, every organization is implementing the latest and most effective Project Management methodologies to ensure that their projects and processes are managed consistently across the entire company. Speaking of consistency, the emergence of organizational...
Successfully Perform Integrated Change Control in Projects
Performing Integrated Change Control Process is an important process that is executed under the Integration Management Knowledge area and Monitoring and Controlling Process group. The reason it’s called 'Integrated' is that this is the...
Estimating Activity Durations: Tools and Techniques
Is estimating project duration hard? Why? For many Project Management teams, it is a complex task to analyze or predict how long it takes to complete a project. Missing deadlines and breaking budgets lead...
Understanding Project-Based Organizational Structure
According to PMBOK®, Project-based organizations (PBOs) refer to various organizational forms that create temporary systems for carrying out their work. Businesses that need and expect fast innovation are most likely to be suited to...
What is Business Value: Definition, Components, and Strategies
The well-being and health of a business are the estimation that is the business value. It constitutes all the aspects of the business that directly affect the valuation. Moreover, it encompasses the necessary shortcomings...
Understanding Project Management vs Operations Management
With operational excellence and a well-defined strategy, businesses can succeed in keeping up and achieving their goals in a dynamic marketplace. Two key areas where these elements are most evident are Operations Management and...
Understanding Essential Project Management Activities
Project Management dates back to the 19th century. Today every organization has realized the benefits of organizing the tasks in the project. Project managers have started identifying the need to communicate and coordinate work...
Understanding the Precedence Diagramming Method (PDM)
With many complex responsibilities involved in handling a project, Project Management as a task has become even more challenging. The tools to assist that help accomplish the project and execute the duties and supporting...
Who Are Project Stakeholders and Why They Matter
Stakeholders are critical to any project's ecosystem, influencing its direction and success. A project stakeholder refers to an individual, group, or organization that can impact or be impacted by a project's decisions, activities, or...
Mastering Sequence Activities in Project Management
A project manager is liable for the complete development of the project. By incorporating planning and aligning the objectives of the project, the process functions smoothly. Consequently, the reason for a project failure is...
