If you are working in the field of project management, you must have heard of a Gantt Chart. But what is it and what are the pros and cons of a Gantt Chart? Is it software for advanced project management … Read more
While evaluating the results after taking data measurements, you need to bear in mind two significant concepts that are accuracy and precision. Your data set might be close to an accepted value or it might be completely different from an … Read more
Professionals who aim at building up a career as a project manager must learn how to create a complete and comprehensive project schedule. Basically, a schedule is a list of project deliverables, tasks, and milestones with planned start and finish … Read more
In today’s aggressive business environment, company’s must be more efficient, flexible, and innovative than before in order to obtain a competitive advantage in the market. It is obvious that a number of factors affect a company’s success. For example, having … Read more
Almost all projects are subject to external influences. Even if everything is clearly defined, all the deliverables are detailed, a project can never exist in isolation. Typically, projects are surrounded by people, organizations, internal and external shareholders who have a … Read more
In the Quality Management System, corrective action eliminates the cause of nonconformity after problems arise. Preventive actions focus on eliminating the causes of potential nonconformities before problems arise. On the other hand, defect repair is a repairing process to replace … Read more
Whether your organization undertakes a small project or managing a large one, it’s important for you to know that a project cannot be completed without proper and complete arrangements. Because every project tells a story regarding its goals, team members, … Read more
What are the traits to be a good leader or manager? The main difference between leadership and management is the difference between leading people with influencing and managing the people and work packages. Just reading books about leadership, implementing some … Read more
There are many tools and techniques used in project management to measure the performance of a project. One of the most popular tools used for this purpose is the Earned Value Analysis. This method allows the project team to measure the … Read more
Changes are inevitable in any project’s or product’s life cycle. Some changes have either positive or negative effects on the project’s baseline schedule, baseline budget, performance, and profitability. Other changes may affect the technical specifications and/or scope of a product. … Read more
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