Understanding Group Decision Making Techniques
Group decision-making technique is a kind of participatory process in which multiple individuals act collectively, analyze problems or situations, evaluate alternative ways of action, and select alternative solutions. The number of people involved in...
What is PRINCE2? PRINCE2 Methodology, 7 Principles, Processes & Themes
Table of Contents
What is PRINCE2?
History and Evolution of PRINCE2
Why is PRINCE2 Important?
Elements of PRINCE2 Methodology
Six Aspects of PRINCE2
Various Roles Defined in PRINCE2
What is PRINCE2 Project Management?
PRINCE2...
PRINCE2 Project Performance
A standard project management method, PRINCE2 gives functional devices to prepare, plan, execute, and finish the task in a precise way. For project progress controls to be measurable, project managers should monitor and compare...
Understanding Group Creativity Techniques
Project managers have to deal with different types of people in any activities and it is the role of the project manager to initiate communication to get ideas from his or her team members....
Top 11 Reasons and Signs Why Project Fails
As project practitioners have you ever come across a situation where projects are disorganized, out of control, and have a sense of doom and failure? Research, it shows that 31% of projects will be...
A Comprehensive Understanding of PMBOK Guide – Sixth Edition
The Project Management Body of Knowledge Guide (PMBOK Guide) serves as a recognized standard for the profession of project management. A standard is a formal document that defines established norms, methods, processes, rules, and...
Estimate Activity Resources Process in Project Management
Table of Contents:
Introduction
What is an Estimate Activity Resource?
Estimate Activity Resources Process
10 Steps Involved in Estimate Activity Resource Process
The Goal of Estimate Activity Resources Process
Conclusion
Introduction
In the present technically determined...
Project Resource Optimization Techniques in Project Management
Efficient resource optimization is the backbone of successful project management and long-term business sustainability. Organizations that neglect proper resource management risk facing escalating costs, disrupted daily operations, and compromised strategic goals, ultimately weakening their...
What is Requirements Traceability Matrix in Project Management?
As projects often have a lot of requirements, project managers need to have a proper and adequate system/process in place to trace all of the requirements that they have met and still need to...
Critical Path vs. Critical Chain: Difference & Advantages
The Critical Chain and Critical Path are nothing but methods of managing projects. Critical chain as a new approach is gaining popularity and poses challenges to the traditional method that uses the critical path....
