What is Risk Management in Project Management?
When beginning the planning process for a project, one of the initial considerations should be: what could go wrong? This thinking style may sound pessimistic, but pragmatic project managers recognize its preventative nature. Therefore,...
PRINCE2 Roles and Responsibilities
A team manages a project, and without one, it cannot even begin or be completed. When a team is finally assembled, they will need to create a plan and implement it to complete the...
What is Project Governance, And Why It Is Crucial To Projects?
An effective Project Governance in an organization makes sure the projects keep running smoothly with respect to the three pillars of Project Governance i.e structure, people, and information in an organization. In this article...
How to Effectively Manage Project Budget
Service-based environment the success of a project is dependent on various factors such as timeframe, deliverables, and the team. However, the most important one is the project budget. A project is considered successful if...
Top 5 Common Mistakes of Newly Assembled Project Teams
Ken Blanchard, a renowned speaker, consultant, and author, once famously said, “None of us is as smart as all of us.” This holds true in any context, professionally or personally. Any project in today’s...
Project Management in Healthcare: Everything You Need to Know
Organizations are grappling with escalating costs, staffing challenges, and stringent regulations in today's healthcare landscape. These factors pose significant obstacles to their sustainability and growth. As a result, healthcare teams are under immense pressure...
The 10 Project Management Knowledge Areas
Project Management process groups and knowledge areas are the core technical subject matters of the project management profession, and these processes, along with their individual inputs, tools, techniques, and outputs, bring the project to...
Ways Organizational Work Culture Impacts Project Success
Today, IT projects are critical for enterprises to thrive in this complex business environment. But, according to PwC’s report, where it reviewed more than 10,000 projects in 200 companies across the globe, only 2.5%...
A Guide to Software Project Management Phases & Best Practices
Software development is one of the complex processes that necessitate exceptional project management abilities. Therefore, the high-level view of the project management phases is one of the best tools for harnessing its power for...
All you Need to Know About PRINCE2 Project Management
Methodologies for project management frequently vary by industry, project, or even team within an organization. You can employ a single approach or combine two or more to achieve the best outcomes. The goal is...
