How to Do Project Estimation: 11 Tips for Accuracy
Project estimation can be more tedious than the actual project itself. The reason behind this is the large number of factors that have to be taken into consideration such as type of client, scope,...
What Is Project Slippage? Insights & Solutions
Project schedule slippage is quite common in most projects and even the successful projects would have faced schedule slippage at some stage or the other. And it requires certain corrective actions from the project...
How Project Management Drives Business Growth
Businesses that deal with delivering products or services need a definite system in making their investments grow. Therefore, an acute sense of clarity in managing all commercial aspects reigns supreme. This sometimes becomes difficult...
7 Project Management Phrases You Should Know for Success
Excellent communication is an integral part of project management. You have to be a good speaker if you want to be a good project manager. Not only that, as a project manager what you...
Crafting an Effective Project Communication Plan
A project communication plan is a coordinated effort by all members involved in a project starting from the manager to the junior members. All members are responsible for the way it is being presented,...
How to Measure Success of a Project Using Business KPIs
When a project reaches its closure, the project manager would want to determine whether it is a success or a failure. A project’s success is no longer determined by factors such as on-time submission,...
Top 7 Essential Strategies for Managing Project Budget
Service-based environment the success of a project is dependent on various factors such as timeframe, deliverables, and the team. However, the most important one is the project budget. A project is considered successful if...
Addressing Challenges in Integrated Project Management
Developing an effective project management system in the current economic scenario can turn out to be a daunting task. Integration projects are one of the most difficult as most teams are situated at different...
Understanding the Benefits and Content of Performance Reports
According to various project management approaches, stakeholder engagement is a critical aspect of a project lifecycle. A project performance report plays a significant role in determining the end results of a project. Whether or...
Your Comprehensive Guide to Project Monitoring and Control
As evident from the title itself, it’s a process that tracks the actual project performance with the planned Project Management activities. Project monitoring and control process is a control function that takes place at...