Project Management July 20, 2022 To Start or Not to Start: Overview of a Feasibility Study in Project Management Sometimes, it’s rather difficult to predict whether a company will be capable of delivering a certain product or service, whether it’s reasonable to invest in this project, and how it will affect the ...
Project Management July 5, 2022 Project Cost Estimation: Overview of the Process, Main Challenges, and Best Practices [2026] Estimation of project costs is one of the core practices of the project initiation stage, which becomes the basis for the approved project budget. However, the main challenge of this process is that i...
Digital Transformation June 17, 2022 Product Portfolio Management: What It Is and Why It Matters for Business Leaders For growing companies, it’s crucially important to keep track of all their products and make sure they are in demand and meet customers’ needs. A good way to increase profitability is to work on produ...
Project Management January 21, 2022 Project Management in Automotive Industry: Overcoming Project Challenges The trends shaping the automotive industry will certainly impact its companies’ projects. What automotive industry challenges and issues will they bring to automotive project management, and what are ...
Resource Management November 2, 2021 The Biggest Pitfalls and Solutions of IT Resource Management Are you looking for ways to improve the IT resource management process? For a good reason - IT projects are believed to be the most challenging to manage, especially when it comes to their resources. ...
Resource Management October 14, 2021 Resource Management Best Practices: 7 Tips to Consider Efficient resource management in a multi-project environment can be really demanding. You have to distribute resources effectively and at the same time weave in and out of numerous challenges – e.g., ...
Project Management August 31, 2021 8 Tips on Reducing Project Costs Reduction of project costs and at least avoiding significant cost overruns is one of the high-priority tasks for a project manager, as it helps to avoid unnecessary expenses and significantly impacts ...
Project Management August 10, 2021 Project Baseline Plan: How to Separate the Contractual Baseline from the Latest Forecast When managing a project, it’s hardly possible to stick to the original plan without making any changes to it throughout the entire project lifecycle. In most cases, changes are inevitable and even nec...
Project Management July 26, 2021 Dealing With Project Dependencies In a Multi-Project Environment Projects don’t exist in isolation: even a single project involves dependencies between its tasks and depends on a number of other internal and external factors. As for a multi-project environment, it’...
Project Management June 24, 2021 Project Risk Management: Importance, Challenging Issues, Recommendations Risk is often perceived as a potential hazard or something that should be better avoided. However, we all know that the road to success is fraught with risk, as it’s often associated with new opportun...
Project Management June 11, 2021 Project Management In Education: Specific Challenges and Ways of Addressing Them Live and learn---this proverb has never been so relevant as in the 21st century. Your education isn’t over when you graduate from a university: being a highly skilled specialist and a healthy personal...
Project Management November 10, 2020 Industry, Product, and Technical Knowledge: What Makes a Project Manager an Expert? Regardless of your skills, background, and experience, you probably have asked yourself a question at least once: what kind of knowledge do I need to be a competitive expert in project management? Wha...