Articles 2018-07-27T11:14:13+00:00

Latest Articles

6 Steps for Implementing Successful Project Communication Culture

15.11.2018|

Any project relies heavily on the communication between all parties involved. This means that the more effective and timely important information is transferred, the higher the chances are that the project will be a major success.

How to Measure Impact Investment

22.10.2018|

Impact investing is a special type of capital investment where the investor is not only interested in earning revenue but also bring about a social or environmental change in a perceivable manner. Impact investing can be done in all kinds of markets, be it developed or emerging. Impact investment helps [...]

What could Project Managers learn from Traffic Jams

14.10.2018|

Traffic is a real-time dynamic system that is constantly changing. Every tiny change in traffic has repercussions down the line. The field of RTM or road traffic management has come about to manage such systems and prevent traffic jams and random congestion. These systems use data analytics to predict and manage traffic.

What makes Kanban Board different from Backlog

5.10.2018|

Following any kind of agile tactic requires the entire team to come together and work as one unit. Whether you utilize Kanban or scrum boards or Kanban backlogs, or a combination of the two such as Kanplan, without a top-down integration with the program, building an agile team is impossible.

Professional Community As Part Of A Good Project Culture

24.9.2018|

Every project manager worth their salt knows that the success of a project depends on the people working at it. So, it shouldn’t come as a surprise when we say that there needs to be a sense of community surrounding any project. After all, the project’s success is dependent on cooperation and team spirit.

How Social Data and Crowdfunding Support Innovation Management

17.5.2018|

In an age where creativity and innovation form the core of every business, social data and crowdfunding are two aspects of utmost importance. But, what is social data? What is crowdfunding?

How AI supports Project Steering Group

30.4.2018|

The project steering committee is main governing body within an enterprise that looks after the proposal and execution of projects. They ensure that the proper deliverables are met and the project is in line with key company goals. This includes approval of budget, defining standards and goals, devising project strategy, risk assessment, quality checks and adherence to time-line. The project steering committee is the body to which a project managers report to. The project manager attends meetings and informs the committee regarding the status of the project along with addressing doubts and concerns.

What Project Manager should Learn from Robots

27.4.2018|

With the rapid progress in AI, robotics and automation technologies, most jibs are being replaced by automated systems and robots. Be it a white collar job or a blue collar one, both are affected by the rise in automated technologies and machine learning. Growth in machine learning capabilities has allowed machines to become more independent by allowing them to react to real-time changes without being pre-programmed for such tasks. Also it doesn’t take long for them to analyze extremely large data sets and generate accurate reports. This has resulted in the disruption of current industrial practices.

7 Effective Project Change Management Tips

21.3.2018|

Project managers have to keep themselves ready at all times when it comes to managing a project. Right from the start when the plans are still being drawn up to the end of a project, changes are inevitable and occur over the course of the project lifecycle. The key is to work out how best to accommodate and adapt to these changes.

How to add Artificial Intelligence into Project Resource Management? 

11.3.2018|

For the execution of any project, organizations require resources such as people, material, equipment, time, knowledge and skill. But these come at a cost and so no firm has unlimited access to a range of resources. For maximizing profits, it is therefore important to share the available resources judiciously among projects such that all project deadlines are met while quality output is generated. That is why resource management is a critical aspect of any project, especially for efficient financial operations. 

7 Signals When to Terminate The Project

6.2.2018|

Planning for a project requires a lot of decisions to be made on intuition and experience. There are times when shortcomings in the planning phase lead to disruption during execution. There are times when targets of the project are not met. No matter how unfortunate it might seem, when one notices early signs of failure one should terminate the project immediately to prevent further loss of time and resources.

7 Best Elements Of Good Communication Culture

29.1.2018|

Communication plays an important role in maintaining a good workplace culture. Effective and consistent communication is the key to creating an amiable atmosphere at an organization. Workplace culture starts at the top rung of the corporate ladder. It is up to the top level executives to establish smooth and efficient communication. Efficient communication is not established in a day. It is something that takes a considerable amount of time and effort.

  • 7 Charismatic PMO Leader Habits

7 Charismatic PMO Leader Habits

17.1.2018|

One of the most vital qualities of leadership is to be able to inspire others by achieving goals through extraordinary performance. At the end of a project, your team should feel motivated to perform at exceptional levels, matching your passion and enthusiasm. Here are seven habits that make a PMO leader charismatic and inspirational.

  • PMO

6 Characteristics of an Effective Project Management Officer

8.1.2018|

Project management officers are vital to any business as they can take important decisions that lead to great ideas. While good PMOs are hard to find, great ones are even rarer. However, all good PMOs share certain traits and characteristics that make them an effective and valuable part of the team. Here are six of the best traits you should cultivate to become an effective and profitable project management officer in your organization.

How to Write Excellent Business Case

8.1.2018|

Project management can be a complex task but writing a sound and well-researched business case could turn around even the most disastrous of situations.

What Every Chief Officer need to know about Project Portfolio Management

9.12.2017|

According to the Project Management Institute, an increasing number of organizations are reporting added value with the appointment of a chief project officer. The chief project officer is someone who owns the responsibility of governing the internal projects of an organization. Some of the specific duties of such as officer [...]

  • 7 Key Reasons Why Agile Projects Fails

7 Key Reasons Why Agile Projects Fails

22.11.2017|

Agile is considered to be a repetitive method for executing software delivery. In the Agile approach, the aim is to develop software in small increments by taking into consideration important feedback from the environment. It is different from the conventional approaches, such as the Waterfall methodology because the complete solution is not delivered at once.

  • How Project Planning Benefit from Virtual Reality

How Project Planning Benefit from Virtual Reality

13.11.2017|

Virtual reality is no longer limited to the gaming industry. It has found its application in several other verticals including manufacturing, construction, social networking and education and training. There has been a significant increase in ‘remote work’ in the last few years. Several companies have globalized workforces and spend over [...]

When You Should Cancel a Failing Project

6.11.2017|

There are times when a manager can achieve the most by bailing out of a project. This does not mean quitting when the going happens to be a tad tougher. People who are productive rarely surrender sans a fight. There could be times, however, when the personnel hit a point [...]

10 Ways To Successfully Manage SAFe Projects

18.10.2017|

In essence, SAFe or Scaled Agile Framework refers to the approach of developing an agile software framework based on integration of knowledge patterns for the purpose of scaling across an enterprise. Functioning on the principle of Lean-Agile Development, the SAFe framework is incorporated for providing guidance at team, program and [...]

7 Ways to Successfully Manage GDPR Requirement as part of Project Planning

11.10.2017|

The latest EU GDPR (General Data Protection Regulation) is due to be implemented starting May 25th, 2018. It is among the most significant security initiatives to be developed in the last couple of years and has several implications for private as well as public sectors in the continent. The EU [...]

How Do You Ensure That Project Steering Group Understands Project Risks?

2.10.2017|

Risk management is a critical aspect of project management that involves identifying, evaluating and mitigating any potential pitfalls associated with the task at hand. To put it in simpler words, project risk management is all about assessing what risks or hazards might come along during the process of achieving a [...]

7 Effective Success Bonus For Project Managers

25.9.2017|

The motivational requirements of those working in project set-up are usually different from those working as independent professionals in an organization. But both project managers and team members like to be offered incentives for their work throughout a project. Some of the key factors that help develop suitable bonuses for [...]

How Successful Project Managers Handle Communication

18.9.2017|

There is a difference between ‘good’ communication and ‘effective’ communication and it is critical for project managers to understand this difference. According to a recent industry report, the most vital factor driving project management success is effective communication with the team and stakeholders. Further, effective communication could result in greater success in projects thereby allowing companies to achieve higher standards of performance.

How To Run A Project Post-Evaluation Meeting

11.9.2017|

It is critical for project managers to conduct project post-evaluation meetings with their teams. The agenda of such a meeting is focused on factors such as the results, performance and expenditure information available after completion of the project. Prior to conducting a project post-evaluation meeting, project managers must collect relevant [...]

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