Products have a lifespan just like everything else. After they’re born, they develop, mature and eventually die. That journey is called product lifecycle management. Like any aspect of creating a product, it involves many processes. Product lifecycle management is the…Read More
Product development is part of the product management process, which covers the product life cycle from start to end. The product launch is a particularly important stage in this cycle as it can determine the success or failure of a…Read More
What Is Product Management? Put simply, product management is an ongoing process to streamline the planning, production, marketing and other tasks related to the product life cycle. It involves the coordination of cross-functional teams, data, processes, business systems and more….Read More
Planning a project only gets you so far. You also have to monitor your progress and performance to track if you’re on schedule and within budget. Then there are your stakeholders whose expectations must be managed. That’s where Excel report…Read More
The bottom line is often emphasized when talking about how to keep a business solvent. But focusing only on money disregards the processes that contribute to profits. Operational efficiency is another way to look at work when you’re delivering a…Read More
A program director is an essential position that oversees projects. They can be found in nearly every type of industry but are most common in business and healthcare. But how do you go about hiring a program director that will…Read More
In the world of planning, there’s no shortage of software offerings that allow you to plan and execute your project. Microsoft Planner in particular, which is included in the Microsoft 365 platform, is a major player in the project planning…Read More
Task management is essential to project management, teamwork and simply getting work done. Productivity is lost if a team loses control of their tasks and deadlines. Teams use task management software to execute tasks on time, within budget and with…Read More
Resource management tools are an essential part of any project management software. Every project has materials, tools, equipment, people or resources to manage. No matter how good your project plan is, if you can’t manage your resources, your project will…Read More
By the time a product shows up on the shelf, it’s been through a much longer journey called the manufacturing cycle. Each product is manufactured from raw materials that need to be procured before the product hits the market. The…Read More
When you’re managing a project, you have to track your team’s progress while they execute their work to stick to your schedule. This is done with task management, and one of the cornerstones of task management is knowing the percent…Read More
Tracking what you do is essential to proper execution. Without a clear picture of where you are, you’ll never have a clear path toward where you need to be. Regarding project management, an audit trail is a way to deliver…Read More
The project manager is on the ground, running the team and keeping the daily operations of a project running smoothly. But who looks after the project manager? In project management, that position is called a project director. Project management tends…Read More
Businesses are concerned about the bottom line. They might have a vision, but it’s always supported by profitability. If businesses can improve how they work, they’re more competitive and make more money. That’s what business process management is all about….Read More
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