Understanding Leads and Lags in Project Management
Maintaining a well-structured timeline in project management is essential for successfully delivering any project. Among the numerous strategies employed to achieve this, the concepts of leads and lags stand out as pivotal tools. These...
How to Create an Effective Project Management Plan
Without a proper Project Management plan in place, the clients will be exposed to chaotic management, facing unclear objectives, lacking proper resources, and depending on unrealistic planning which involves high risks that yield poor...
Essential Steps for Effective Project Schedule Management
In every organization, projects are an essential method to build value. Running an organization with a lack of ideas and no proper schedules planned for projects would lead to failure. No matter what the...
Your Comprehensive Guide to Schedule Management Plans
Chaos is what will happen when there is no proper project schedule management. How would it be when you do not know what resources to utilize? When should the resources get implemented in your...
What is Project Governance? Understanding Its Significance
An effective Project Governance in an organization makes sure the projects keep running smoothly with respect to the three pillars of Project Governance i.e structure, people, and information in an organization. In this article...
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...
