Project Management

Build Relationships and Win as a Team

Insights to conflict Resolution Techniques Based on PMBOK 5.0   As we all know that project teams are not natural teams … they are a group of cross functional experts that come together as a team with the intention to resolve a common goal. Since people from different regions, cultures, nature, skills and expertise and so on… are working together, CONFLICTS are bound to arise. Although we often think ‘conflict’ is bad, it actually brings forward opportunities for improvement. Considering conflict on a healthier note as sometimes it really helps us access all the options available (specifically in a technical […]

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Supply Chain management

Imagine a scenario where you went to your local retail store or online store and discovered that the latest electronic gadget or the latest book that you were so eagerly waiting to purchase was “not in stock”! The immediate reaction will be to check other retail stores or simply move to other online portals. To avoid this and lose potential customers an effective supply chain strategy is needed.  The main components of a ‘Supply chain management’, what it is, the necessity to have a SCM in place and SCM analytics will be the focus of this post. What is Supply

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CRM Systems

CRM systems or ‘Customer Relationship management’ systems form the backbone of every organization’s sales and marketing team. This post gives a brief insight into the necessity for dealing with CRM systems, the different types of CRM systems, the main vendors of CRM technology and various features of CRM technology. History of CRM systems: Going back in time, when the Internet was not alive the only relationship between a customer and a business was through a brick and mortar store. The use of computers was still in its infancy and the only way to track regular customers, new enquiries and leads

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Planning Or Execution Which Is More Difficult?

Project planning and execution both plays important role in the successful completion of any project. Execution of a project totally depends upon what you’ve planned for your project. If the project planning is done properly then there will be less chances of risk to the project. Once a project plan is ready then for its execution, one can use any of the Project Management tools available in market like Asana, Trello, Basecamp, Orchestra etc. based on their project requirements. Project planning is the harder among the two because when that is achieved perfectly the Execution becomes easy. If you fail

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Difference Between Project, Program, Portfolio and Operational Work

PMP certification focus on applying best practices for managing project but no it is not mandatory to apply all the rules and a project manager needs to use his own judgement what to follow in real world. Difference between Project, Program & Portfolio As per PMBOK fifth edition project is a temporary endeavour with a start and end date, it provides a unique output. Reasons for a need a project: Market Demand Customer Requirement Environment or Regulatory conditions Business case to achieve cost efficiency Sometimes we may need to execute a series of projects; program is a collection of related projects. A

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How to identify foreseen/unforeseen risks in your project?

Risks can be foreseen or expected resulting in contingencies built into your project plan. A good project manager is able to identify the issue at the earliest, work out a solution to mitigate the problem and align the expectation of the stakeholders. Some of the risk can be Natural calamities. Major requirement or design/architectural changes in the middle of the project. Impacts to project in terms of Cost and/or schedule due to change in business priority. Replacement wiring installed and old wiring not removed caused the ceiling to collapse overnight and shut down all terminal access in the offices except in central

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Importance of Emotional Intelligence (EI) in Project Management (PM) and its success

Project Managers must develop certain skills that allow them to have a good relationship with both their staff and prospective customers. This would significantly assist in building better relationships, motivating teams, negotiating and managing change which can augment the chances of a project’s success. What it mean is that the emotions have to be considered in the 2 ways: from the Project Manager to others and from others to oneself. As far as the assessment of a successful project is concerned, it is difficult to identify the correct parameter to judge. Engagement of Project Manager with project team and key stakeholders

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Need Of Governance In An Organization

It is important for every individual to understand the need and what outcome the top management is looking to achieve with the implementation of governance. And then find out the cracks and how PMO (Project Management Office) can successfully build projects & process to fix them. As per the international standards (ISOs) relating to projects and project management you will see references to the commitment and active involvement of top management which emphasizes this organization-wide context. Project governance must be go down to project level where Project Steering Groups or Project Boards have responsibility. The successful way is to first

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Project Management Ideas That Need Alteration

Many companies have policies, procedures, and training for a uniform approach to project management. One of the major reasons for poor project uniformity is the proposal which is the foundation for the project. Whether you are a beginner or an experienced project manager, project management standards and procedures, if followed consistently would benefit you to achieve your objectives better. However some revisions are required for better control of the project. Some project management ideas that needs amendment are The idea that “all projects are like mine”. Project management is applicable in software development projects only. Manage the project by email.

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Importance of Planning For Project’s Testing

Testing and quality control are essential part of every project and it is recommended to add that doing your best to “do it right the first time” to reduce the number of defects that will be found during testing and subsequent re-work (quality assurance) may be even more important. The idea that a project would release software, for example, released without complete testing is preposterous for those who were brought up to manage projects properly and to deliver a professional result. If the problem is quite significant or if the problem is in design itself then it is a matter of

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