What Is Project Profitability? 9 Key Steps to Create a Profitable Project
According to PMI’s ‘The High Cost of Low Performance’ 2014 report, organizations today are losing $109 million for every billion dollars spent on projects and programs. Organizations that have project management guidance lose 12...
Examples and Tips for a Strong Project Vision Statement
The term “Project management” is merely not about handling financial resources, but also technical resources, human resources, and marketing as well. The project management job role combines four-five tasks into a single one called...
How to Create a Project Timeline: The Ultimate Guide
Managing a project often feels tough. The complexity can be overwhelming, with various tasks needing alignment and constant updates that are essential for team coordination. This is where the role of precise project estimates...
Understanding Minimum Viable Product: Definition & Importance
In the competitive landscape of business, the first-mover advantage can be a decisive factor, particularly for companies with groundbreaking ideas or pressing customer needs. This is where the Minimum Viable Product (MVP) shines, becoming...
PRINCE2 vs Agile: Understanding the Key Differences
PRINCE2 and Agile are two widely recognized project management frameworks. Given their distinct strengths and weaknesses, choosing between them can be a tough call. PRINCE2 follows a structured, process-driven path, making it perfect for...
Benefits of Vacation: Why Taking Time Off is Essential
According to statistics by the 2018 Vacation Deprivation report released on the Expedia portal, 75% of Indian employees are deprived of vacation time, and most of them don't get to avail themselves of their unused...
Project Manager Salary: Your 2025 Guide
Project Management is an important and highly valued profession in many industries, and the salaries of project managers reflect this. However, the average project manager's salary varies significantly from industry to industry, and even...
What Does a Business Analyst Do?
Business analysts are one the prominent roles in any organization who are currently working for businesses, IT people, non-profit companies, and governing bodies. Many companies hire these professionals to support them by creating new...
Discover the Best Change Management Tools for 2025
It is common knowledge that organizational change management is never simple. Change management is a broad topic that involves a great deal. Therefore it is easy to become disoriented when implementing new changes. For...
Essential Program Management Skills for 2025
Only a meager 2.5% of all organizations are able to complete 100% of their undertaken projects successfully. However, 61% of these organizations have claimed an increase in project success rates after implementing program management practices over the last...
