Project Management

Negotiation is necessary part in almost every area of the project, from defining scope to time required to accomplish the tasks, from resource allocation to cost and budget. This can involve one-on-one negotiation or with a group of people. It is important for a project manager to learn this art and to set realistic expectations regarding project risk and time required in both best and worst case scenarios. Do your homework Project managers is the best judge of the time required to complete different phases of the project with a given budget and resources. So it is his responsibility to

It has been observed that in big companies there are lengthy processes for most of the tasks. At times the time taken to do the task is much less than the time gone in taking number of approvals before its implementation. This results in dissatisfaction for both the person who had requested for that task and for the development team, who did it in very less time. The question arises as to why these processes are so lengthy and complex. How To Identify What Is Necessary And What Is Not? The more sensitive the data requested for is, the more

To be a part of a team is always a very nice feeling for any employee as it is created to accomplish goals and objectives of your organization. The challenge arises when it comes to managing it, that too a big one. A team contribute to the overall success of its organization. People work with their colleagues to produce results and or new product. Even though each one has a specific profile and belong to a specific department, all the members are unified with one another to accomplish the overall objectives and to serve the bigger picture. Challenges to manage

What is a power, it is an ability of getting things done by others. The powers of a Project manage can be categorize in five types or categories. Legitimate power- Also known as formal power, is the authority granted by the company or organization. In other words, such power comes about as a result of the individual’s designation.  It authorizes managers to assign the task to their team members and seek explanation at any point of time. It gives the project manager a formal authority to order and give directions to people with the full backing of their senior management. Coercive

Company takes in projects from a variety of clients – the vendor and client relationship is really complex. This can give desired and fruitful results, only if managed carefully and properly. Before starting the project, collect the requirements, document the scope in a statement of work, and get it signed by all involved. Ensure to get as much of the requirements as possible up front. Some employers continue accepting changes even after scope is finalized and signed-off. The reason is to maintain good relationship with the client as the client is highly influential and very prospective. Try To Build A

At the starting of the career, every individual try to put in extra effort and engage into his/her work, but it is the right time that one need to start setting limits. Normally employees work 45 to 50 hours a week, and the expectation is set in the very first month of his tenure. Actually, the amount you’re expected to work depends on the type of your industry you are working in, so take that into consideration when establishing boundaries. It varies from an individual to individual, what limit they set for themselves. In the start of your career If

Today hiring of appropriate talent has become a big challenge. Most companies spends a large amount in hiring the right set of people. Some companies had tied up with multiple third party vendors for talent acquisition. Some offers a handsome reference amount to their employees for proving good references. But all this effort would be of no use if the company is unable to retain their critical and talented resources. What is needed in order to retain your key talent? Set clear goals and expectations – The primary reason for dissatisfaction of any resource is unclear expectations from his/her managers.