A product roadmap will guide you through the product management process, which is notoriously known as a detail-oriented discipline. Getting into the weeds is part of the product manager job description, but one should never get lost there. Product managers…
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Project planning, execution, monitoring and controlling are often the focus of project management. Even project initiation gets attention, but project completion is usually mentioned as an afterthought. That’s a mistake. Every phase of a project is important. Project completion is…
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Projects are planned, but those plans are rarely executed with changes. Those disruptions can play havoc on a project’s budget. Therefore, project managers are always tracking budget variance to deliver projects without breaking the bank. We’ll define project variance below…
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A kanban board is simple to use, but it can be a powerful tool for teams. A kanban board creates a visual workflow that illustrates how a team works together and how work is produced. Such workflows help teams improve…
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Kanban cards are a versatile project management tool. They’re part of the kanban method, a simple yet powerful system that consists of kanban boards, kanban cards and management principles. The kanban method can be used to manage projects, business processes…
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Kanban is a visual tool that’s ideal for managing inventory flow. Taiichi Ohno, an industrial engineer at Toyota, developed it about three-quarters of a century ago. Kanban boards helped the car company restock its inventory only when it was needed,…
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Resources, such as people, materials and equipment, are needed to deliver projects. Being able to plan, manage and track those resources to meet the needs of a business is called project ERP or enterprise resource planning (ERP) project management. There…
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Coming up with long-term goals for a business or organization is just the beginning of a five-year project. Making sure your daily operations are working towards achieving those strategic goals and that they’re clearly communicated throughout the business or organization…
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Projects cost money. Those funds have a life cycle of their own and project managers must understand how those costs come in and out of the project and organization. That process is called project cash flow. We’ll look at project…
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If you’re looking to manage a project and facilitate better collaboration with your teams, chances are you’ve heard of and are thinking of trying Microsoft Project and Microsoft Planner. To help with that decision, we’ve set up a comparison with…
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ClickUp is project management software that promotes itself as “the one app to replace them all.” It’s a cloud-based tool that integrates with Zoom, Google Drive and GitHub and offers tools that foster collaboration and provide analytical insights. It’s true…
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When governments or corporations make large investments, they don’t do so without serious planning. There’s a lot of money involved in these capital projects and that means getting the funding and allocating the finances wisely. Let’s take a look at…
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Whether you call it project financial management or project accounting, managing a project’s finances is essential to delivering a successful project. It’s more than just keeping up with costs. There’s a lot of planning, managing and tracking involved. But what…
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