Projects can be viewed as a series of decisions. From planning to execution, project managers and their teams are constantly choosing between one option and another or even many different options. Using a decision matrix can help them better evaluate…
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Projects cost money. Everyone knows that. But what’s harder to discern is if the project is worth the investment. The last thing stakeholders want is to discover the project isn’t financially effective. That’s where the cost performance index comes in….
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Organizations across industries build IT infrastructures to store, manage and transfer data for a wide variety of reasons, such as business planning, financial forecasting, operations management or customer relationship management. In simple terms, data is what helps businesses measure their…
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Information technology (IT) is no longer a tucked-away department with little impact on the success of a business. Organizations across industries need data storing, analysis and processing tools to manage every single aspect of their operations, so anything that affects…
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For a project to function properly and be delivered on time and within its budget, all the roles and responsibilities of everyone involved must be clearly defined and communicated. Everyone has their part to play in the process, which is…
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To ensure that your project is meeting scheduling and budget milestones, you need to have project metrics to measure your progress and performance. Project metrics are essential to delivering a project on time and within its budget. But what are…
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Planning is everything. Without a plan you’re working in the dark. But the plan is only the beginning. The real work begins when executing that plan. Learn how to execute a plan to deliver a successful project. How to Execute…
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A stakeholder is anyone who has a vested interest in a project. If your stakeholders aren’t satisfied with the results of a project, you’ve failed. Therefore, in order to successfully complete a project, it’s essential to gain a clear understanding of…
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Failure is an unavoidable part of any project process: it’s the degree of failure that makes the difference. If a task fails, there are ways to reallocate resources and get back on track. But a systemic collapse will derail the…
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Project complications occur when working on a larger project with many moving parts that must eventually align. Without proper alignment of these parts, the project can slow down, become less productive and possibly grind to a halt. That’s why project…
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Everything you need to know about project management terms is here in one list! Plus we’ve added handy links to help you dive deeper into different topics with videos, articles and even our round-up of all resources so you can…
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Time rules all projects, which is why time estimation is one of the most important activities there are in project management. It’s paramount to everyone involved, from stakeholders to team members. The clock is always ticking. The best a project…
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Conducting a project audit is an important aspect of managing projects, but often one that is neglected. Read on as we explain what a project management audit is and show you in a few simple steps how to do one…
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