Project management is a practice of planning, scheduling, executing, controlling, reporting and closing the project successfully. Most of the projects are designed to create a unique product or service in a restricted time period. Considering the distinctive nature of projects, … Read more
How to Create a Work Breakdown Structure? The concept, Work Breakdown Structure is widely used by professionals to represent the project’s scope and deliverables in a hierarchical way. Typically, creating a WBS is one of the first steps in project … Read more
Have you ever heard contingency budget in project management? Actually, Contingency Reserve vs Management Reserve is an important topic for the PMP Certification exam. You may encounter some questions related to the reserves. Calculating reserve is a part of a … Read more
Which one is the best organizational structure? Actually, it is difficult to answer this question. Because there are many factors affect the success of organizations and projects. Selecting the most profitable project alternative, having a well-defined mission, possessing an innovative … Read more
While creating a work schedule or a network diagram, professionals often use many terminologies such as lead time lag time, total float, free float, etc. These scheduling tools are used along with activity relationships in order to model the real … Read more
There are many tools, techniques, diagrams, and charts are used in quality management to make analysis and improve the process quality. Pareto Chart (also known as Pareto Analysis or Pareto Diagram) is one of the seven basic tools of quality … Read more
Organizations often try to change their production system to achieve more work using fewer resources. In order to increase the profit by reducing waste and costs, a business must become more productive than before considering the rapidly changing economic conditions. … Read more
What are the causes of variation in quality control or what are the types of variation? The term “variation” is widely used in statistics, quality management, genetics, and even in biology. It refers to the measurement for a group of … Read more
Cost Benefit Analysis (also known as Benefit Cost Analysis) is an important concept in project management. Simply put, it is performed to identify how well, or how poorly, a project will be concluded. It is done by the experts, project … Read more
There are lots of project planning methods, tools and techniques available in the field of project time management. The Critical Chain Method is one of them which was introduced by Eliyahu M. Goldratt in his book “Critical Chain” in 1997. … Read more
ProjectCubicle.com is your go-to destination for project management insights and resources. We are here to support your journey towards project success.
