Author name: Sparsh Goyal

A passionate IT professional, Sparsh Goyal boasts of 4.3+ years of experience. He has worked for various projects under AWS, Google Cloud Platform, Spring Boot, Python, Microservices, RESTful, RESTFUL APIs/SOAP, Scripting, Shell and JAVA. He is also working towards gaining proficiency in Oracle Cloud PaaS, DevOps, SaaS and Docker/Kubernetes. His primary and secondary skills validate his relentless pursuits of expanding his horizon and developing more as an IT person. He boasts of the following certifications: *Google Professional Cloud Security Engineer. *AWS Cloud Solutions Architect Associate. *Oracle certified JAVA programmer.

Difference between Scrum Master and a Project Manager

The Scrum Master is like a coach and a mentor, and look at the project from different angles. The project remains the responsibility of the product owner, who has the authority to take final decisions. Scrum master can help the Product Owner by sharing user experiences and feedbacks, challenges faced by them, functionality issues, and any need to realign the development to fit with changes outside the business. Can Scrum master act as a project manager? The scrum master is supposed to own the process. If you are the scrum master and doing the daily standup and are staying close to […]

Difference between Scrum Master and a Project Manager Read More »

HOW TO ALIGN YOUR GOALS WITH COMPANY’S GOAL

Most of the companies revise their road map for the coming years in the beginning of every financial year. Motivating employees to make them understand their roles in company goals is an integral part of management. Each individual has some goals in his life, and he proceed with the aim to achieve at least 50% of what he had committed to himself and to achieve more than 90% to what he had committed to his managers. If you learn the art to align your goals with the company’s goals then these 2 numbers will match. 4 Steps how to proceed

HOW TO ALIGN YOUR GOALS WITH COMPANY’S GOAL Read More »

A GOOD LEADER SHOULD FIRST FOLLOW ALL THE GROUND RULES BEFORE SETTING THEM

Leadership is a core principle of effective and efficient managerial practice. Rules and regulations are crafted to guide and shape subjects into a set of uniform and coherent behaviors in the work places and companies. An influential leader inspires other to what he/she understands to be good. Therefore, understanding ground rules first before setting them for the team to follow is of utmost good faith and trust. Leaders should be exemplary and subordinates will follow suit. There are however issues to be safeguarded against blind following. If the rules are against the laws, ethics and morals, the leader has all

A GOOD LEADER SHOULD FIRST FOLLOW ALL THE GROUND RULES BEFORE SETTING THEM Read More »

Project Selection Methods – Part 4

Project selection methods IV This article will cover the following project selection methods Break Even Analysis Working Capital Ratio Law of Diminishing return Make or Buy decision making Break Even Analysis An analysis to determine the point at which revenue received equals the costs associated with receiving the revenue. For example, if a business sells fewer than 300 garments each month, it will make a loss, if it sells more, it will be a profit. With this information, the business managers will then need to see if they expect to be able to make and sell 300 garments per month.

Project Selection Methods – Part 4 Read More »

Project Selection Methods – Part 1

Project selection methods I Project selection methods help organizations decide among alternative projects and determine the tangible benefits to the company of choosing or not choosing the project. Project selection methods will vary depending on the company, the people serving on the selection committee, the criteria used, and the project. Most organizations have a formal, or at least semi-formal, process for selecting and prioritizing projects. In my organization, a steering committee is responsible for project review, selection, and prioritization. A steering committee is a group of people comprising senior managers and sometimes mid level managers who represent each of the

Project Selection Methods – Part 1 Read More »

ITTO – Project Management Mathematics – Closing

Tools & Techniques – Project Closing After reading through all the articles relating to all phases and areas of PMP, we are into the last article in the series on tools and techniques used in project closing phase. By definition every project has a definite start and end dates. This is the time or phase in project life cycle where each activity that was started prior of ainitiating the project will be closed before the projectclosure. It includes releasing the resources, closing all agreements and contracts with the vendors, financial settlements are done, deliverables are signed off, project artifacts are

ITTO – Project Management Mathematics – Closing Read More »

Scope Management – Part 3

We are into third and last article on Scope Management. In the previous two articles we have covered Plan Scope Management, Collect Requirements, Define Scope and Create WBS processes and we are left with two more processes namely Validate Scope and Control Scope. Let us start looking at them. Validate Scope is the process in which the completed deliverables are accepted formally. Each and every deliverable is verified and accepted. Verified deliverables are reviewed with customer to ensure that they are developed as per agreed objectives and completed to the satisfaction. In order to get the deliverables verified against agreed

Scope Management – Part 3 Read More »

Scope Management – Part 2

We have covered Planning Scope and Collect requirements in our previous article and we will continue looking into Scope management in this article also. Next in line with scope management is Define Scope. Define Scope is the process of developing detailed description of project. Inclusions and exclusions of the requirements will be mentioned here. Out of all collected requirements which requirements have to be included or excluded from the scope is mentioned in detailed here. In order to develop detailed requirement description we need the already prepared requirement documents, Scope management plan as inputs to this process. Along with them

Scope Management – Part 2 Read More »

Scope Management – Part 1

PROJECT SCOPE MANAGEMENT “Scope” is a common term we use in our day to day life. I mean in our day to day professional life. It simply means, what is for you and what is not for you? To speak in terms of project management the term “Scope” mainly speaks about requirements. What are the requirements we are asked to work on and what are the requirements we are not supposed to work on or accept? These two questions are what we will be discussing all through scope management. To help the organization to not to waste resources, reduce cost,

Scope Management – Part 1 Read More »

ITTO – Monitoring & Control – Part 4

Project Management Mathematics IV- Monitoring & Control This is in continuation of the article Project Management Mathematics III- Monitoring & Control. Continuous probability distributions (particularly beta and triangular distributions) are commonly used in Perform Quantitative Risk Analysis. According to the PMBOK® Guide, continuous probability distributions include normal, lognormal, triangular, beta, and uniform distributions. Distributions are graphically displayed and represent both the probability and time or cost elements. This article will cover the following continuous distributions. Triangular and Beta distribution Uniform distribution Normal  or Bell distribution Triangular and Beta distribution Triangular distributions use estimates based on the three-point estimate (the pessimistic,

ITTO – Monitoring & Control – Part 4 Read More »

Scroll to Top