Budget overruns are a project manager’s nightmare. If you’re a project manager and looking for ways to manage project budgets better. These project budget management strategies will keep your project …
Project Management
Project Management (PM) | All content on this page relates to the topic of PM. To find out more on this topic check out PMWorld 360 Magazine!
PM involves the application of knowledge, skills, tools, and techniques to direct activities that will help meet the requirements of a project. There are five main processes involved in project management, they are initiating, planning, executing, monitoring and controlling, and finally closing.
There are ten areas of knowledge PM relies on integration, scope, time, cost, quality, procurement, human resources, communications, risk management, and stakeholder management.
To find out more on anything and everything related to managing projects, check out our website PMWorld 360 Magazine!!
Why it is important to protect your sprint backlog?
During projects, you know that change will happen. It is rare that you get to the end of an initiative and everything went exactly as expected. Agile practices allow the …
How to improve organizational culture with PPM
Project Portfolio Management (PPM) helps companies select the right projects that align with their strategies to achieve their objectives. Thanks to PPM, companies are able to allocate the resources to …
6 Reasons why projects should be flagged as yellow at project kickoff
Many projects are already late or at high risk of being behind on the day they start. That is why project managers should recognize that their projects are at least …
The secret skill every project portfolio manager should have
Ever wonder which project portfolio manager skill is essential? If you are a project portfolio manager (PPM), you are talented. PPMs must be objective, credible, multi-taskers, great with ambiguity, authentic, …
Goal-based Project Management: Steps to Meeting Delivery Dates and Budgets
Meeting project goals means developing steps to meeting project delivery dates and budgets. Project managers who follow these seven high-level project management tips will achieve on-time, on-budget, goal-focused delivery of …
Cornelius Fichtner’s Project Business Career – Part 1
In this podcast, the roles are flipped and Cornelius Fichtner is the interviewee. He is interviewed by Martin Berneburg and Oliver Lehmann of the Project Business Foundation about his career …
How to apply the 7 basic quality management tools to the Six Sigma DMAIC methodology
DMAIC and Six Sigma are key factors in quality management. Having the right tools for quality management is essential. Learn about DMAIC, Six Sigma, and how to apply seven quality …
Understanding Agile team member roles and responsibilities
Do you have a clear understanding of agile team roles, structures, and responsibilities? If not, here’s a quick look into how agile teams work together effectively. Agile teams operate differently …
Starting off right: Why effective project management is crucial for SMBs
Project management products aren’t just for big business. With increasing competition and the always-changing digital landscape, it’s important for small businesses (SMBs) to take the grunt work out of critical …