Successful planning is the most important component of Project Management and it leads to agile delivery, increased productivity and profit of any business.
Identifying and addressing common project challengesPaul Welty
Over the years, I have formulated a theory of projects. The goal of telling you about this is to try to help you improve the success of your projects. By understanding projects and their components (strategy, tactics, and measurement), and by applying the framework I will share, you can better identify and address these project challenges.
Identifying and addressing common project challengesPaul Welty
Over the years, I have formulated a theory of projects. The goal of telling you about this is to try to help you improve the success of your projects. By understanding projects and their components (strategy, tactics, and measurement), and by applying the framework I will share, you can better identify and address these project challenges.
In this presentation, we will discuss about risk, project risk and four broad strategies to handle risk. We will also talk about the role of buffers and contingency plan in risk management, project tracking meetings.
To know more about Welingkar School’s Distance Learning Program and courses offered, visit:
http://www.welingkaronline.org/distance-learning/online-mba.html
Balancing all the elements of a complex assignment - time, money, scope and people - is the project manager's job.
Excellent PM training is essential to successfully dealing with the unexpected challenges that come with every plan.
Following is an overview of the top 10 PM challenges that PMs may encounter on the job | appitive.com
Top Project Management Best Practices.pdfOrangescrum
Project management best practices will enable you to deliver your projects successfully. Through effective project management practices, businesses can improve the performance of the team to become faster, better and more efficient when compared to their previous results.
Introduction to Project Management Terminologies Orangescrum TutorialOrangescrum
Project management is the most important and demanding matrix to maximize the productivity. With the rapid proliferation of technology, the importance of project management has increased exponentially. So idea on project management terminology is much required for a project manager.
In this presentation, we will discuss about risk, project risk and four broad strategies to handle risk. We will also talk about the role of buffers and contingency plan in risk management, project tracking meetings.
To know more about Welingkar School’s Distance Learning Program and courses offered, visit:
http://www.welingkaronline.org/distance-learning/online-mba.html
Balancing all the elements of a complex assignment - time, money, scope and people - is the project manager's job.
Excellent PM training is essential to successfully dealing with the unexpected challenges that come with every plan.
Following is an overview of the top 10 PM challenges that PMs may encounter on the job | appitive.com
Top Project Management Best Practices.pdfOrangescrum
Project management best practices will enable you to deliver your projects successfully. Through effective project management practices, businesses can improve the performance of the team to become faster, better and more efficient when compared to their previous results.
Introduction to Project Management Terminologies Orangescrum TutorialOrangescrum
Project management is the most important and demanding matrix to maximize the productivity. With the rapid proliferation of technology, the importance of project management has increased exponentially. So idea on project management terminology is much required for a project manager.
Project management issues and their solutionOrangescrum
Common project Management problems can be fixed with online project management software easily. Identifying project management issues and their solution is the most important thing.
How to manage project deadlines in 2021Orangescrum
The major criteria for successful project management are delivering projects within the deadline and with quality. It is common knowledge. But achieving it is equally uncommon
AI has made significant inroads into various fields, including project management. AI can enhance project management by automating repetitive tasks, providing data-driven insights, and improving decision-making. Here are some use cases of AI in project management, along with explanations and examples:
How to Manage Multiple Projects SuccessfullyOrangescrum
Multiple projects management is daunting. However, with the right strategies, you can successfully lead your teams through the challenges that come with juggling a wide array of projects. The best approach is to make a separate activity journal for each project and continuously track the progress. Read More: https://www.orangescrum.com/blog/how-to-manage-multiple-projects-successfully.html
Today as we see, software has become an inseparable part of human life. Almost everything we can look around is managed, controlled by software.
The goal of software project management is to understand, plan, measure, and control the project such that it is delivered on time and on budget. This involves gathering requirements, managing risk, monitoring and controlling progress, and following a software development process.
Project management is the application of knowledge, Skills, tools and techniques to project activities to meet project requirements. It is accomplished through the application and integration of the project management processes of initiating, planning, executing, monitoring and controlling, and closing. The project manager is the person responsible for accomplishing the project objectives.
Table of Contents Project Outline. …………………………………………………………………….docxMARRY7
Table of Contents
Project Outline. ……………………………………………………………………..…………………………………………… 3
Risk Management Justification……………………………………………………………………………………….…….…5
Project Risks Identification……………………………..……………………….……………………………………….…….7
Project Risks Assessment…………….…………………………………………………………….………………………….12
Project Risks Response Strategy…………………………………………………………………………………………... 15
Project Risks Responsibility Plan..…………………………….………..………………………………………………….19
Project Risks Monitoring &Control Plan………….…………………………………….………………………………..20
Project Risks WBS & Budget Updates……………………………………………………………………………………21
Project Risks Communication Plan…………………………………………………………………………………………22
References…………………………………………………………………………………………………………………………….20
Project Outline
The institution that I will be focusing my individual project on is that of the Scotia Bank Institution. Scotia Bank is a world-renowned banking institution founded over fifty years ago. The company whose headquarters are in California has many divisions of business, the most profitable being banking, insurance and stocks. The company features over one hundred and seventy branches that are all connected to one platform and database. The institution has sought to give their clients some degree of unlimited access focusing on alternate means of updating and accessing multiple accounts at once regardless of location.
The information technology department of the scotia bank group has recently launched the development of a mobile application that will increase client relations through the use of improved mediums and levels of access for everyday business transactions. It has come to the attention of the business segment of the. The board of directors that the level of productivity within the organization is rapidly depreciating and as such reevaluation of both software and employee
Personnel have been put in place to identify the reason, risk and solution for the dip in productivity following the implementation of the latest software tactic.
The department of information technology software and development protocols currently uses an agile methodological approach in developing all software. The pros and cons of this approach have long been preferred based on the ever-changing needs of the company. However stakeholders involved would prefer a complete overview of this approach to determine the degree of success or possible need for change as such the a project manager has been selected to provide through detailing on the process of evaluating human and software elements affecting the cooperation as it regards to production.
The company has one branch in every state of the United States as well as twenty branches in the Caribbean and the remaining branches are located in Europe and Asia. The branches hold a little over three hundred employees total with an Information technology of two per branch .The information technology department is focused on developing software and maintaining existing software needed for the ...
Identify the 10 knowledge areas of the Project Management Body of Kn.pdffeelinggift
Identify the 10 knowledge areas of the Project Management Body of Knowledge (PMBOK) with
a brief description, and identify which area you believe is the most important. Conversely,
choose which area that you think is the least important, and justify your answers.
Solution
The 10 knowledge of areas of the Project Management Body of Knowledge (PMBOK) are:
Comprising of a plan development, plan execution and an integrated change control process,
integration management is the range of processes required to ensure all elements of a project are
successfully coordinated.
As scope changes, integration management means assessing objectives and offering alternatives
in order to meet the expectations of the project stakeholders.
2. Scope management
Scope includes collating all the information required to begin a project and any features this
project requires to meet stakeholder requirements.
Successful projects must meet strict deadlines and resource allowances, and scope creep always
has a detrimental effect if not managed correctly.
3. Time management
Time restrictions vary depending on the nature of the project, but a well structured plan and
schedule plays an essential part.
Time management includes the development of a timeline, decisions of project milestones and
the structuring of schedules and activities.
4. Cost management
Including four process areas, a key technique to manage costs is Earned Value Management –
EVM.
A project manager must practice effective cost management by estimating, budgeting, funding,
managing and controlling costs so that they remain within the pre approved project budget.
5. Quality management
A project is no good if it fails to meet sponsor requirements and expected deliverables.
An organisation must determine quality policies, responsibilities and project objectives so it
meets original needs and specifications
6. Human resource management
A team must be put together and managed so they perform well and can satisfy the demands of a
project.
The size of project teams can vary, but all team members must be organised, managed and led
effectively.
7. Communicatiosn management
For a project to be successful, the correct people must receive the right information at the
appropriate time.
Communication management entails identifying what information should be communicated with
the team and who it should be told to who will use the information effectively.
Communication includes the planning, creation, distribution, retrieval, management and
monitoring of how information is relayed.
8. Risk management
A project manager must be competent in risk management.
The practice is crucial in projects to identify, plan for, analyse, respond, and control any factors
that might dangerously affect a project and put the project team or end users at risk.
Effective risk management maximises the realisation of opportunities.
9. Procurement management
Procurement of resources means purchasing or acquiring materials, services or results requir.
A Guide to Software Development Manager Responsibilities.pdfLaura Miller
From planning to mitigating risks, a software development project manager takes care of every aspect of the project. Keep reading to know their job roles.
How To Develop A Project Management PlanOrangescrum
For project managers, a successful outcome is always preceded by a well-prepared project management plan. A lot of effort is put into planning which helps you prepare a better Project Management Plan.
Agile Metrics and KPIs: Measuring Team PerformanceOrangescrum
Agile Metrics and Key Performance Indicators (KPIs) provide a structured way to measure team performance, identify areas for improvement, and drive success. This also suggests the areas for improvement, and overall health.
Explore advanced insights to enhance your role as a Scrum Master, fostering a culture of continuous improvement and delivering exceptional value with each sprint.
The Use of Story Point and Sprint Report in Agile Project Methodology.pdfOrangescrum
Orangescrum understands these needs and offers a comprehensive suite of agile project management features, including the powerful story point estimation technique, as well as time estimation and task count capabilities. By leveraging these features, project managers can plan their sprints with confidence, embracing the true spirit of agile methodology.
Project management software for non-pofit organization.pdfOrangescrum
With the latest trend, project management will play a major role in producing productivity with its new technologies as well as increasing workflow efficiency. Project management software like Orangescrum is adopting these trends into the application to deliver a wholesome project management experience.
What are the Top Project Management Trends in 2023_.pdfOrangescrum
Effective resource management is not just a good-to-have feature but a necessity. It is essential to succeed in effective project delivery. For smooth and efficient resource allocation and utilization a project manager can take the help of a project management tool like Orangescrum.
Project Management Trends to Look for in 2023.pdfOrangescrum
In the fast-paced world of project management, staying up-to-date with the latest trends and innovations helps
in maximising productivity. These latest trends serves as your gateway to the exciting landscape of project management trends in 2023 and beyond
Revolutionizing Healthcare_ How Project Management Software Can Increase Effi...Orangescrum
Project management software can offer a wide range of advantages to healthcare organizations, from improved patient care and cost savings to increased efficiency and better communication. It saves time and resources while improving patient care.
How to Streamline Your Workflow Using Orangescrum.pdfOrangescrum
Streamlining your workflow can be the key to increased productivity and efficiency. By taking full advantage of Orangescrum powerful features, you can make project management simpler, faster, and more organized for everyone involved. Start today by giving Orangescrum a try
On-Premises Project Management Software for Construction Companies.pdfOrangescrum
Project management software for construction industries aligns all resources and tools utilized in the construction as well as coordinate between project workers to maintain project progress timelines. This saves more time to increase work productivity.
Project Management Software for Marketing and Advertising Agencies.pdfOrangescrum
Project Management Tool, Marketing Agencies, Running a marketing team is a time-intensive process where project managers have to consider multiple aspects of a project to make it a success. Orangescrum is an all-inclusive project collaboration tool designed for marketing agencies to collaborate, manage tasks and streamline their activities in one platform.
Viewing the most important tasks and sub-tasks of multiple projects can be time- consuming for team members. To make things easier, Orangescrum has released the ‘Your Works’ view that provides task details that are on focus for the next 3 days.
Orangescrum is an all-in-one project collaboration tool designed for marketing agencies to strategize their workflows and achieve their marketing goals effectively. It allows the marketing team to break down their work into manageable tasks and assign them to team members.
What is Task Cycle and How to View in Orangescrum.pdfOrangescrum
Task cycle is a key performance metric used in project management to measure the time taken to complete a specific task or process. It provides valuable insights into the efficiency and effectiveness of project management processes, allowing you to identify bottlenecks, inefficiencies, and areas for improvement.
Top 15 Project Management Tools in 2023.pdfOrangescrum
Orangescrum is an all-inclusive project collaboration software with features to support and manage all aspects of project development with cross-department functionalities. From planning to execution, Orangescrum can handle all business workflows effortlessly.
Top Self-Hosted Project Mangement Software.pdfOrangescrum
Implementing the right project management software for your business is the key to the success of your project deliverables. Orangescrum is an all-in-one project management tool that offers both cloud-hosting and self-hosted solutions to businesses of all sizes.
Orangescrum’s New User-Onboarding - A Delightful Experience .pdfOrangescrum
Orangescrum Project management tool has changed the existing onboarding design to a new onboarding process that lets new users to set-up a new project in 7 easy-to-follow click-by-click steps.
Data Center Project Management Software and Its BenefitsOrangescrum
Orangescrum provides world-class project management services through its data center edition. Sign-up free to Orangescrum data center project management software today to know how the data center edition can transform your project management landscape.
Differences between On-Premise Vs Hosted Vs SaaS Project Management Software ...Orangescrum
The choice between On-Premise, Hosted, and SaaS Project Management Software depends on the specific needs and capabilities of the organization. On-Premise software offers greater control and customization. Hosted software provides more flexibility than On-Premise software. SaaS software is accessible, scalable, and cost-effective, making it a good fit for smaller organisations.
Why Planning Is Important in Project ManagementOrangescrum
Planning is an essential aspect of successful project management. It plays a key role in establishing project goals and objectives, determining project scope, allocating resources, managing risks, improving communication, increasing efficiency, and accountability.
Tips to Become a Leader in Remote Workforce ManagementOrangescrum
Effective remote workforce management requires clear and consistent communication, trust and autonomy for team members, use of technology to facilitate collaboration. Read more: https://www.orangescrum.com/blog/remote-workforce-management-tips.html
Welocme to ViralQR, your best QR code generator.ViralQR
Welcome to ViralQR, your best QR code generator available on the market!
At ViralQR, we design static and dynamic QR codes. Our mission is to make business operations easier and customer engagement more powerful through the use of QR technology. Be it a small-scale business or a huge enterprise, our easy-to-use platform provides multiple choices that can be tailored according to your company's branding and marketing strategies.
Our Vision
We are here to make the process of creating QR codes easy and smooth, thus enhancing customer interaction and making business more fluid. We very strongly believe in the ability of QR codes to change the world for businesses in their interaction with customers and are set on making that technology accessible and usable far and wide.
Our Achievements
Ever since its inception, we have successfully served many clients by offering QR codes in their marketing, service delivery, and collection of feedback across various industries. Our platform has been recognized for its ease of use and amazing features, which helped a business to make QR codes.
Our Services
At ViralQR, here is a comprehensive suite of services that caters to your very needs:
Static QR Codes: Create free static QR codes. These QR codes are able to store significant information such as URLs, vCards, plain text, emails and SMS, Wi-Fi credentials, and Bitcoin addresses.
Dynamic QR codes: These also have all the advanced features but are subscription-based. They can directly link to PDF files, images, micro-landing pages, social accounts, review forms, business pages, and applications. In addition, they can be branded with CTAs, frames, patterns, colors, and logos to enhance your branding.
Pricing and Packages
Additionally, there is a 14-day free offer to ViralQR, which is an exceptional opportunity for new users to take a feel of this platform. One can easily subscribe from there and experience the full dynamic of using QR codes. The subscription plans are not only meant for business; they are priced very flexibly so that literally every business could afford to benefit from our service.
Why choose us?
ViralQR will provide services for marketing, advertising, catering, retail, and the like. The QR codes can be posted on fliers, packaging, merchandise, and banners, as well as to substitute for cash and cards in a restaurant or coffee shop. With QR codes integrated into your business, improve customer engagement and streamline operations.
Comprehensive Analytics
Subscribers of ViralQR receive detailed analytics and tracking tools in light of having a view of the core values of QR code performance. Our analytics dashboard shows aggregate views and unique views, as well as detailed information about each impression, including time, device, browser, and estimated location by city and country.
So, thank you for choosing ViralQR; we have an offer of nothing but the best in terms of QR code services to meet business diversity!
Key Trends Shaping the Future of Infrastructure.pdfCheryl Hung
Keynote at DIGIT West Expo, Glasgow on 29 May 2024.
Cheryl Hung, ochery.com
Sr Director, Infrastructure Ecosystem, Arm.
The key trends across hardware, cloud and open-source; exploring how these areas are likely to mature and develop over the short and long-term, and then considering how organisations can position themselves to adapt and thrive.
Transcript: Selling digital books in 2024: Insights from industry leaders - T...BookNet Canada
The publishing industry has been selling digital audiobooks and ebooks for over a decade and has found its groove. What’s changed? What has stayed the same? Where do we go from here? Join a group of leading sales peers from across the industry for a conversation about the lessons learned since the popularization of digital books, best practices, digital book supply chain management, and more.
Link to video recording: https://bnctechforum.ca/sessions/selling-digital-books-in-2024-insights-from-industry-leaders/
Presented by BookNet Canada on May 28, 2024, with support from the Department of Canadian Heritage.
Builder.ai Founder Sachin Dev Duggal's Strategic Approach to Create an Innova...Ramesh Iyer
In today's fast-changing business world, Companies that adapt and embrace new ideas often need help to keep up with the competition. However, fostering a culture of innovation takes much work. It takes vision, leadership and willingness to take risks in the right proportion. Sachin Dev Duggal, co-founder of Builder.ai, has perfected the art of this balance, creating a company culture where creativity and growth are nurtured at each stage.
DevOps and Testing slides at DASA ConnectKari Kakkonen
My and Rik Marselis slides at 30.5.2024 DASA Connect conference. We discuss about what is testing, then what is agile testing and finally what is Testing in DevOps. Finally we had lovely workshop with the participants trying to find out different ways to think about quality and testing in different parts of the DevOps infinity loop.
UiPath Test Automation using UiPath Test Suite series, part 4DianaGray10
Welcome to UiPath Test Automation using UiPath Test Suite series part 4. In this session, we will cover Test Manager overview along with SAP heatmap.
The UiPath Test Manager overview with SAP heatmap webinar offers a concise yet comprehensive exploration of the role of a Test Manager within SAP environments, coupled with the utilization of heatmaps for effective testing strategies.
Participants will gain insights into the responsibilities, challenges, and best practices associated with test management in SAP projects. Additionally, the webinar delves into the significance of heatmaps as a visual aid for identifying testing priorities, areas of risk, and resource allocation within SAP landscapes. Through this session, attendees can expect to enhance their understanding of test management principles while learning practical approaches to optimize testing processes in SAP environments using heatmap visualization techniques
What will you get from this session?
1. Insights into SAP testing best practices
2. Heatmap utilization for testing
3. Optimization of testing processes
4. Demo
Topics covered:
Execution from the test manager
Orchestrator execution result
Defect reporting
SAP heatmap example with demo
Speaker:
Deepak Rai, Automation Practice Lead, Boundaryless Group and UiPath MVP
Generative AI Deep Dive: Advancing from Proof of Concept to ProductionAggregage
Join Maher Hanafi, VP of Engineering at Betterworks, in this new session where he'll share a practical framework to transform Gen AI prototypes into impactful products! He'll delve into the complexities of data collection and management, model selection and optimization, and ensuring security, scalability, and responsible use.
SAP Sapphire 2024 - ASUG301 building better apps with SAP Fiori.pdfPeter Spielvogel
Building better applications for business users with SAP Fiori.
• What is SAP Fiori and why it matters to you
• How a better user experience drives measurable business benefits
• How to get started with SAP Fiori today
• How SAP Fiori elements accelerates application development
• How SAP Build Code includes SAP Fiori tools and other generative artificial intelligence capabilities
• How SAP Fiori paves the way for using AI in SAP apps
LF Energy Webinar: Electrical Grid Modelling and Simulation Through PowSyBl -...DanBrown980551
Do you want to learn how to model and simulate an electrical network from scratch in under an hour?
Then welcome to this PowSyBl workshop, hosted by Rte, the French Transmission System Operator (TSO)!
During the webinar, you will discover the PowSyBl ecosystem as well as handle and study an electrical network through an interactive Python notebook.
PowSyBl is an open source project hosted by LF Energy, which offers a comprehensive set of features for electrical grid modelling and simulation. Among other advanced features, PowSyBl provides:
- A fully editable and extendable library for grid component modelling;
- Visualization tools to display your network;
- Grid simulation tools, such as power flows, security analyses (with or without remedial actions) and sensitivity analyses;
The framework is mostly written in Java, with a Python binding so that Python developers can access PowSyBl functionalities as well.
What you will learn during the webinar:
- For beginners: discover PowSyBl's functionalities through a quick general presentation and the notebook, without needing any expert coding skills;
- For advanced developers: master the skills to efficiently apply PowSyBl functionalities to your real-world scenarios.
A tale of scale & speed: How the US Navy is enabling software delivery from l...sonjaschweigert1
Rapid and secure feature delivery is a goal across every application team and every branch of the DoD. The Navy’s DevSecOps platform, Party Barge, has achieved:
- Reduction in onboarding time from 5 weeks to 1 day
- Improved developer experience and productivity through actionable findings and reduction of false positives
- Maintenance of superior security standards and inherent policy enforcement with Authorization to Operate (ATO)
Development teams can ship efficiently and ensure applications are cyber ready for Navy Authorizing Officials (AOs). In this webinar, Sigma Defense and Anchore will give attendees a look behind the scenes and demo secure pipeline automation and security artifacts that speed up application ATO and time to production.
We will cover:
- How to remove silos in DevSecOps
- How to build efficient development pipeline roles and component templates
- How to deliver security artifacts that matter for ATO’s (SBOMs, vulnerability reports, and policy evidence)
- How to streamline operations with automated policy checks on container images
Essentials of Automations: Optimizing FME Workflows with ParametersSafe Software
Are you looking to streamline your workflows and boost your projects’ efficiency? Do you find yourself searching for ways to add flexibility and control over your FME workflows? If so, you’re in the right place.
Join us for an insightful dive into the world of FME parameters, a critical element in optimizing workflow efficiency. This webinar marks the beginning of our three-part “Essentials of Automation” series. This first webinar is designed to equip you with the knowledge and skills to utilize parameters effectively: enhancing the flexibility, maintainability, and user control of your FME projects.
Here’s what you’ll gain:
- Essentials of FME Parameters: Understand the pivotal role of parameters, including Reader/Writer, Transformer, User, and FME Flow categories. Discover how they are the key to unlocking automation and optimization within your workflows.
- Practical Applications in FME Form: Delve into key user parameter types including choice, connections, and file URLs. Allow users to control how a workflow runs, making your workflows more reusable. Learn to import values and deliver the best user experience for your workflows while enhancing accuracy.
- Optimization Strategies in FME Flow: Explore the creation and strategic deployment of parameters in FME Flow, including the use of deployment and geometry parameters, to maximize workflow efficiency.
- Pro Tips for Success: Gain insights on parameterizing connections and leveraging new features like Conditional Visibility for clarity and simplicity.
We’ll wrap up with a glimpse into future webinars, followed by a Q&A session to address your specific questions surrounding this topic.
Don’t miss this opportunity to elevate your FME expertise and drive your projects to new heights of efficiency.
Accelerate your Kubernetes clusters with Varnish CachingThijs Feryn
A presentation about the usage and availability of Varnish on Kubernetes. This talk explores the capabilities of Varnish caching and shows how to use the Varnish Helm chart to deploy it to Kubernetes.
This presentation was delivered at K8SUG Singapore. See https://feryn.eu/presentations/accelerate-your-kubernetes-clusters-with-varnish-caching-k8sug-singapore-28-2024 for more details.
FIDO Alliance Osaka Seminar: The WebAuthn API and Discoverable Credentials.pdf
Why project planning is critical in project management
1. From the Resource Library of Orangescrum | #1 Task Management Software
Why Project Planning is Critical in Project Management
Planning happens to be the most important component in Project Management.
Successful planning leads to agile delivery, increased productivity and profit in any kind of business.
On the other side a defective plan may hamper your standard production or delivery and result in losses.
Successful planning not only involves your project managers, but it also requires focused team
members, stakeholders and executives to be involved in it. Even your third party members are an
integral part of a successful plan.
Mapping an effective project plan consists of multiple aspects that are valuable to be executed properly.
Let’s take a quick look at those:
Scope Management: –
Having a pre-agreed and approved scope is a MUST before we embark on any actual execution. A well-
defined scope brings clarity and transparency to the project and all involved stakeholders which is
integral to project success
2. From the Resource Library of Orangescrum | #1 Task Management Software
Stakeholder Management: –
Customers, project managers, project team, executive management are all key stakeholders of our
projects. Stakeholders have a direct say in terms of the project scope, purpose, risk and approach a
project may entail. Having the Stakeholders well-informed and in-sync boosts chances of project
success. Having a “RACI Matrix” further adds transparency and execution control.
Communication Management: –
Operational clarity can always be achieved by transparent and timely communication. You must have a
visible “Communication Plan” that clearly defines the mode and frequency of communication, document
sharing platform and levels of communication. Well-defined Communication Plan comes handy in times
of crisis and lets everyone know whom to contact, when, how, where to find that important project file
etc.
Time Management: –
We all are super obsessed with Time but always end up mismanaging it to the hilt. Mismanagement of
time influences the project outputs. Every task and smallest of project activity must have definitive
timelines. Timelines help define the flow and build the momentum as the project progresses. It also
brings accountability within the team and if well tracked can help obtain results faster
Budget Management: –
A definite project budget must be defined for all projects. And so must be all possibly foreseeable
expenses – resources, travel, training, equipment, licenses, expected risks etc. It is imperative for project
managers to maintain balance between the Triple Constraints of Time, Cost and Quality. Any outlier in
one can significantly impact the other two.
Resource Management: –
Resources are the most valuable part of a project. It is they who carry out the tasks, are responsible for
timely execution and delivery. We must gather the relevant resources as per our project plan and
ensure the skill balance required for project delivery is maintained. Resource availability and resource
utilization information help us avoid unwanted delays and risks.
Risk Management: –
All business activities involve risk. What is important is to have a robust Risk identification,
quantification and control plan in place. There are always certain risks that cannot be ascertained like
natural causes or change in government regulations and policies. But having the ability and measures in
place for identifying & containing foreseeable risks is a must. It helps maintain balance, control delays
and protect from severe financial losses.
3. From the Resource Library of Orangescrum | #1 Task Management Software
Bringing it all together
Having the above pieces baked in together is a sure shot recipe for project and organizational success.
While embarking on any new projects or business for that matter we must make efforts to define and
streamline these “7 Dwarfs of Project Management”.
How have you been doing your project plans so far? Did you account for these 7 Dwarfs?
If not, hop on to Orangescrum and see how?