Key Project Management Resources for Every Professional
We frequently hear about projects that succeed and those that fail. The latter could be attributed to various factors, including a lack of resources and finance, ineffective leadership, and a lack of team direction....
Understanding the Requirements Traceability Matrix
As projects often have a lot of requirements, project managers need to have a proper and adequate system/process in place to trace all of the requirements that they have met and still need to...
Top 10 Common Communication Mistakes by Project Managers
A project manager is the key point of contact between the team and the larger organization. If his or her communication skills are not great, he or she will fail to develop a good...
Business Analysis Tutorial: A Beginner’s Guide
Business Analysis has become the backbone of every organization. It is a professional skill set, a disciplined way of presenting and managing organizational changes. Since technology is changing at a greater pace, business analysis...
Understanding What is PMBOK 6th Edition: A Guide
The Project Management Body of Knowledge Guide (PMBOK Guide) serves as a recognized standard for the profession of project management. A standard is a formal document that defines established norms, methods, processes, rules, and...
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,...
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...
How to Lead Projects Effectively: A Comprehensive Guide
Effective project leadership has become a critical competency for organizational success within the dynamic business environment characterized by rapid change and innovation.
"Innovation distinguishes between a leader and a follower."
-Steve Jobs, Apple co-founder
Table of...
How Organizational Culture Affects Project Management Success
Today, IT projects are critical for enterprises to thrive in this complex business environment. But, according to PwC’s report, where it reviewed more than 10,000 projects in 200 companies across the globe, only 2.5%...
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...