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.
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 include: Ensuring each project is supportive of business goals Driving linkages and efficiencies between projects Connecting every project to business strategy Making sure that each [...]
What separates a good project manager from a brilliant project manager? The answer is quite simple: brilliant project managers don’t just have capabilities and technical knowledge, they are also quite adept with how to communicate with their teams at different levels.
Keeping a track of KPIs or Key Performance Indicators is absolutely critical to project management and success. In the absence of a system that tracks KPIs, it is nearly impossible to assess the progress of a project towards the predetermined goals.
In most industries, especially IT, technical skills are often considered to be the most important criteria for hiring. When recruiting managers, a lot of companies think that the candidate must meet a long list of important skills in order to be able to perform the job efficiently. In reality, this may not be the best approach to hiring project managers. Project management isn’t just about having a set of programmed skills; it also requires certain [...]
Effective project management needs finding a project which is a perfect match for the combined skillset of your team. The project must also match the team's competence level. If all these are done, then chances of success are much more increased. The project selection techniques provide seven time-tested techniques. All seven methods are based on logical reasoning. It helps to select the best project. Undesirable projects, those that have near zero chances of success, are [...]
The Scrum Master is typically seen as a team coach and a kind of process owner in a project. Scrum masters work to create a balance between the key stakeholder demands in a project and guide the team to deliver the best performance possible. A scrum master’s responsibilities generally involve removal of barriers to progress, scheduling, facilitating meetings and handling product backlog among others. Though scrum masters are pretty adept at what they do, there [...]
Issue management can be defined as the process of recognizing and resolving various issues arising within a project. The life cycle of a project is never absolutely smooth. There are bound to be questions and unexpected problems that come up every now and then. However, if a good issue management process is in place, then it becomes easier to deal with any problem before it escalates further. Some of the common problems faced in [...]
A post evaluation report typically documents the failures and successes of a project providing a detailed record of the estimated and actual schedule and budget. The post evaluation report may also collect other important metrics besides offering recommendations and remedial actions for other similar projects. What is a post evaluation report? A good post evaluation report is generally based on three important and distinctive measures. These are: Project completion in the estimated time Project completion [...]
An organization uses multiple resources for executing projects. These typically include people, equipment, information, materials, time, and money. Most organizations have a limited amount of resources, hence, resource allocation planning is necessary for the effective management and utilization of these scarce resources. Project resource management involves procuring and deploying internal as well as external resources which are needed for delivering a project, portfolio or program. It focuses on priority usage of resources, monitoring resource utilization [...]
Selecting the right key performance indicators (KPIs) for a project is critical as you will need these KPIs to accurately gauge the project's success and performance over time. There is no universal remedy for choosing the correct KPIs, but there quite a few things that you will always need to consider. KPIs are essential to see if your project is meeting the set goals. Relate them directly to your business objectives What is the goal [...]
The success of an organization depends upon the quality of project it is able to undertake and deliver successfully on schedule. Sometimes even with the best of efforts and intentions projects get delayed or do not work the way client wants them to resulting in disrepute to organization and team members. So what is the difference between success and failure and what measures should an organization take to complete every project successfully? Both professionally managed [...]
From the title of the article, you might be wondering ‘What lessons could children possibly offer project managers?’ Actually, children's behavior can teach project managers quite a few things. These lessons can help the manager do his/her job more efficiently. Have you ever noticed the way children behave and interact with others on a day-to-day basis? Next time, whenever you get an opportunity to make an observation, pay close attention and you might end up [...]
This might be the oddest topic you’ve ever come across, right? What can project managers and children really have in common? Well, at first glance, there’s obviously nothing in common. However, a deeper look can actually teach you a few lessons. In fact, if you observe how parents deal with children, you can actually come across some golden strategies that can also be applied in the area of project management. Here are a few ideas [...]
Project culture and project governance need to go hand in hand for any project to be successful. Often, project managers and departmental heads are solely focused on the end result, and do not realize when the project culture falls through. Statistics report that nearly 50 percent of corporate projects fail globally. It does not come as a surprise that most of these companies have the tools, processes and resources to accomplish a project, yet the [...]