precedence diagram method infographic

Precedence Diagram Method (Activity on Node method)

The Project Management task becomes more challenging considering today's large and sophisticated projects. Effective time and cost management become more important than before for the success of any project. Therefore the...
Direct costs and indirect cost ,Costs Cost Classification cost classification examples infographic

Direct Costs and Indirect Costs , Cost Classification

Cost classification is an important concept in budgeting, accounting and project management. Cost classification and categorization of expenses help project teams to understand what kind of costs will be spent during...
What is a project risk management plan and How to Write a Project Risk Management Plan

Project Risk Management Plan : A short Guide

People face risks in their everyday life. In a similar manner, project teams, companies, organizations, and even projects face risks in their life cycle. Based on the risk type and circumstances,...
Kaizen Methodology Kaizen Implementation infographic

Kaizen Methodology in Project Management

Productivity is very important in today's competitive business environment. Organizations seek ways of improving their processes, reducing costs and increasing their benefits. Kaizen is a management system that aims continuous improvement...
Fishbone Diagram (Cause and Effect Diagram) Ishikawa Diagram

Fishbone Diagram (Cause and Effect Diagram)

Fishbone diagram , also known as cause and effect diagram or Ishikawa diagram is a quality management tool that is commonly used to identify the root cause of a problem. Basically,...
importance of procurement management and best practices in project management and in construction. project procurement plan

Project Procurement Management :Best Practices

Project procurement management is vital for the successful completion of a project. It has four steps which are planning, conducting, controlling and closing. Each step has inputs and outputs. This article...