What is Business Value and How is it Measured?
The well-being and health of a business are the estimation that is the business value. It constitutes all the aspects of the business that directly affect the valuation. Moreover, it encompasses the necessary shortcomings...
5 Project Management Process Groups Explained
There are two main categories in the realm of Project Management, which are to be skillfully mastered to succeed: Knowledge Areas and Process Groups. These two categories are considered the backbone of the PMBOK...
Operations Management vs Project Management : What’s The Difference?
Table of Contents:
Introduction
What is Operations Management?
What is Project Management?
The Connection Between Operations Management and Project Management
Operations Management vs Project Management: Differences
Project Management vs Operations Management: Similarities
Conclusion
Introduction
With operational...
Critical Project Management Activities With Examples
Project Management dates back to the 19th century. Today every organization has realized the benefits of organizing the tasks in the project. Project managers have started identifying the need to communicate and coordinate work...
What is Precedence Diagramming Method in Project Management?
With many complex responsibilities involved in handling a project, Project Management as a task has become even more challenging. The tools to assist that help accomplish the project and execute the duties and supporting...
Who Are Project Stakeholders and Why Are They Important For a Project?
A project stakeholder is an individual, group, or organization that may affect, be affected by, or perceive itself to be affected by a decision, activity, or outcome of a project. Stakeholders are either directly...
Defining Sequence Activity in Project Management
A project manager is liable for the complete development of the project. By incorporating planning and aligning the objectives of the project, the process functions smoothly. Consequently, the reason for a project failure is...
Business Analysis Tutorial: A Comprehensive Guide For Beginners
Business Analysis has become the backbone of every organization. It is a professional skill set, a disciplined way of presenting and managing organizational changes. Since technology is changing at a greater pace, business analysis...
Key Skills Every Business Analyst Should Have
Business analysts play an essential role in outlining systems, creating innovative ideas, and adopting them. Their skills make them an in-demand part of every business stream, beginning from project management to product management. According...
Different Types of Project Managers: What Type of Project Manager Are You?
Organizations generate revenue by successfully executing projects with the help of successful project managers. In a nutshell, projects are business undertakings agreed upon by your organization and a business looking to commission products or...