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All size of projects, even the smallest, littlest projects have stakeholders. Most management styles, systems, approaches and methodologies have to involve a stakeholder analysis process for this reason. Stakeholder management is so important in fact, that there are key principles involved in the process of managing stakeholders so that project managers have guidelines to follow […]
IT is the major component of most company-wide initiatives. The changes made to the IT structure directly affect other information systems like marketing and sales due to their dependence on innovative technology. Global project management leaders are starting to regroup their IT strategy in order to successfully deliver on their business strategy. Consequently, several organisations […]
The word risk has an inherently negative connotation to it. But what most folk don’t realise, is that anticipating risks is a sign of proactive management. A positive spin on risk can alert you to alternatives, create better opportunities, justify contingency plans and ultimately win you more business. Every invention falling under the Information […]
When it comes to dealing with change there exists a vast variety of different theories and philosophies on the subject. Many of these draw from difference disciplines including behavioural science, psychology and even sociology all the way over to systems thinking and engineering. The basic principle that underlies the concept is that change does not […]
What is the best project planning software for managing large numbers of projects simultaneously? This question concerns C-level managers, project managers, and executive decision-makers who attempt to find the perfect PM solution for navigating their projects. Microsoft Project is the most commonly used PM application; but is it efficient for multi-project management? GetApp Lab, a […]
Does Project Governance really help? In 2015, a study conducted by PMI (Project Management Institute) revealed that project delivery remains a challenge for most companies. It emerged that 45% of projects are not on budget, 7% exceed the allotted time and 56% do not provide the expected value. For several years, there’s […]
The puzzle of human resource management… Companies are evolving in a fast-changing environment. Organizations are forced to adapt and becoming more flexible. Resources, whether people, materials or finances are essential to project survival and success. But resources are limited. A recent KPMG study showed that a third of failed projects face resource availability problems. […]
Almost every project manager comes across such an issue in his or her career at least once or more than once. He or she is given the responsibility, by the core management, to report the current performance level of the project. The project manager spends several hours entering phase related details into whatever PM software […]
Introduction Throughout our careers, we will face hundreds maybe thousands of meetings. Many approaches have been developed to ensure meaningful meetings but the objective remains the same – to have an effective and successful meeting deliberating, reaching agreement, assigning tasks or formulating plans. Nevertheless, many meetings can be just a meeting place where people exchange […]
Like many other aspects of business, project management has changed enormously over the years. In recent times, the global economic downturn has had an impact on this area, affecting how businesses conduct their projects, manage and resource the people involved within the projects as well the strategies used to ensure a company stays competitive. Recent […]