Top 6 Benefits Of Kanban Board 

While Kanban today is a complicated system of elaborate protocols and operational standards, back in the days in Japan, it had humble origins of sticking cards containing information on various part trays, trolleys, and inventory assets. The cards represent the demand or the lack of it based on which processes and inventory will be managed downstream. Kanban boards are the philosophy of Kanban boiled down to management structures and dashboards. It is simply a board that is used to establish proper Kanban practices at work. 

2018-11-27T12:10:13+00:00 27.11.2018|Tags: , |

How to Measure Impact Investment

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 in addressing some of the critical global issues such as climate change, agriculture, poverty, sustainable development, clean power, micro-financing, and healthcare among others. There are [...]

2018-10-19T09:27:57+00:00 22.10.2018|Tags: , |

How AI supports Project Steering Group

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.

2018-04-30T12:04:08+00:00 30.4.2018|Tags: , , |

What Project Manager should Learn from Robots

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.

2018-04-27T10:05:44+00:00 27.4.2018|Tags: , , |

How to add Artificial Intelligence into Project Resource Management? 

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. 

2018-03-21T23:12:34+00:00 11.3.2018|Tags: , , |

7 Signals When to Terminate The Project

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

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.

2018-01-28T11:21:11+00:00 29.1.2018|Tags: , |

6 Characteristics of an Effective Project Management Officer

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.