Stakeholders are anyone who has a vested interest in the project. They can be internal, such as project managers, teams, owners or investors, or external, such as clients, customers or suppliers. There can be a lot of stakeholders in any…
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Project management has developed the means to increase the likelihood of successful completion. That starts by breaking a project down into project management phases. What are those project phases? We’ll define them in detail. This is a great opportunity for…
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The term stakeholder is familiar to those in project management. These are individuals, groups or organizations that have an interest in or are affected by the outcome of a project. However, not everyone understands that they can be broken down…
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Projects are delicate operations. There is so much that can impact them; a storm cutting off the supply chain, equipment failure or a labor dispute are merely three possible situations in a seemingly endless succession of risks. The risk response…
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Starting your projects in the right way makes it so much easier to manage your work and your team. While it’s tempting to dive straight in and get on with your tasks, it pays to take a bit of time…
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Goals are set easily enough, but reaching them takes work. Sometimes that work is falling short, and project teams need to figure out why and how to get back on pace to meet their goals. For that, they use something…
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There are many project risks that can affect your project and, as a project manager, you’re responsible for the risk analysis process. Risk analysis, or risk assessment, is essential because it allows project managers to classify project risks and determine…
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Projects don’t just happen. There’s a lot of work before they’re approved, and once they have been given the go-ahead, there’s even more planning and scheduling needed! How do you communicate that information with stakeholders and the team so they…
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If you don’t have the funds, you’re not going to complete the project successfully. That’s why a project budget is so important: it’s the lifeblood of the project. Follow these steps to secure the funds necessary to support the project…
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Your business operations are only as good as your ability to monitor and control them. For example, manufacturing teams would be lost without a controlling process that lets them measure and improve on their management function. The process of controlling…
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Scrum is a flexible project management methodology that’s designed to help self-organized teams execute projects quickly in an agile environment. The scrum framework consists of artifacts, roles and ceremonies. These elements help product and software development teams manage their work….
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Managing a project with copious moving parts can be challenging to say the least, but project evaluation is designed to make the process that much easier. Every project starts with careful planning—this sets the stage for the execution phase of…
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Project managers often wonder if they are measuring the right things on a project. It’s difficult to know how much time to spend evaluating past performance and how much time to spend on keeping the work moving forward. Of course,…
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