Project Management

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Project Management Process & Phases

Project Management is the art of coordinating resources and directing working groups to execute components of work so that each group delivers components that can be tied together into a wholesome deliverable (contracted scope of work) within schedule and budget. — Project Management Institute In simple terms, the Project Management process is the art of...
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What is Project Life Cycle and What Are its Phases

What do you think of leadership and management?  As project managers and even as team members of a project, we all know that leadership and management is a field on its own, even referred to as a scientific field.  Now wouldn’t it be correct to say that every project manager and every member of a...
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Everything You Need to Know About Project Management Governance

What is pressurizing corporations worldwide? ‘Project failures’ that can ultimately ruin a business.  And why do projects fail? One of the major reasons is the lack of project management governance.  It is a fact that projects tend to be the reagent that triggers new income streams for a business, so they need to be executed...
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How Can Leaders Retain Key Talent Through Unexpected Change?

We’re only a little way into 2020, yet we’ve already rung in several changes — from the Australian bush fires to uncertainty in the Middle East, to shake-ups in the Royal Family. And in business, we find ourselves firmly in an era of transience, where it’s often said that change has become the ‘new normal’. Deloitte...
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What is Project Management Framework & How to Choose a Framework?

Of late, Project Management has gained increasing traction in the industry, and rightly so. Thanks to the Project Management Framework, Project Managers can plan projects systematically and strategically, meet deadlines, and most importantly, not just meet but exceed client expectations.  In simple words, a Project Management Framework refers to a set of methods, procedures, and...
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Understanding the Monte Carlo Analysis in Project Management

A good plan can help you in risk analysis, but it can not guarantee that your project will run smoothly. If you are associated with any stage of software project development life cycle, you most probably agree with this quote. It is important to have a smartly constructed plan in place to complete a software...
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All About Project Deliverables & How to Manage Them

“Success in life is about project management. Determine deliverables, make milestones, and always pursue the critical path.”  ― Ryan Lilly It wouldn’t be wrong to say that ‘Deliverable’ is the favorite word of every project manager, as they use this term multiple times in a day.  For project managers, attaining project deliverables is significant because...
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5 Top Time Management Strategies For Efficient Working

“In-house development or freelancers?” “Multitasking or one task per developer?” “How to tackle the lag at the time of project delivery?” When trying to implement projects efficiently, these are a few questions (among many!) that crop in a manager’s mind regarding time management.  For many developers and managers out there, project delivery is always rushed...
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What is Scope Creep and How to Identify It

Many project managers tend to skip analyzing project scope when they take up on a project or when they brainstorm on ways the end-goal can be achieved. Even if the project scope is defined right from the start, there can always be a situation where it needs to be updated or redefined. Having said that,...
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Different Project Management Terms Beginners Should Know

Project managers, who have just begun working on a project, may find it really stressful and time-consuming to manage multiple tasks, especially if they don’t know the basics.  Imagine you get a promotion as a project manager and are now solely responsible for various management tasks. If you have just entered this field, there is...
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