What is the Value of Enterprise Project Management?
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by Joe Somerville
Enterprise Project Management is how corporations simplify the complexity of their projects. Why is this important? A 2013 study completed by Bain & Company found that 63% of executives were extremely concerned about increasing complexity, citing that it was increasing their costs and stunting potential growth. Further proof that projects are quickly becoming a major problem for…
Read moreWhat Is the ROI of BPM?
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by Jeff Collins
Implementing business process management (BPM) for your project or organization is associated with increased return on investment and maximizing the utilization of all resources. But, understanding the differences between types of ROI for your project can help you maximize your investments. This includes learning how to recognize the difference in benefit types. ROI types may…
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What Is a Project Management Dashboard?
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by Jeff Collins
The field of project management is constantly changing. Today’s project managers must deal with increasingly complex systems, the nuances of managing remote projects and maintaining a strong level of communication with more stakeholders than ever. Rather than relying on age-old practices of team meetings and simplistic reports, a project management dashboard can help a project manager…
Read more7 Signs Your Team Needs Project Management Training
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by Joe Somerville
Managing the training of your staff is not a simple task. Some project teams may consist of dozens of individual members, and these team members may be assigned to remote locations around the globe. However, providing project management training to your team is critical to ensuring a successful project outcome, and you need to know…
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What is a Business Intelligence Dashboard?
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by Jeff Collins
The use of dashboarding is expanding, and more businesses are turning to dashboards to improve efficiency, reduce errors, and ensure the appropriate use of resources. Unfortunately, this has led to the creation of hundreds, if not thousands, of dashboards, and for those in project management, choosing the correct dashboard is crucial to success. Before selecting…
Read moreWant to Improve Project Success Rates? Invest in Project Management Training
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by Jeff Collins
If you’ve ever had to spearhead a project of considerable magnitude or complexity without the proper training, you understand the value of project management skills. Experienced managers realize the benefits of project management training. Most fervently push for budgeting to supply initial courses as well as continuous refresher courses. As explained below, adequate project management…
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Understanding Quantitative and Qualitative Project Risk Management
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by Joe Somerville
Monitoring the likelihood of a project’s success as it evolves is crucial to being able to develop contingency plans and adapt to unforeseen circumstances. Such contingency plans often mean the difference between a project’s success or failure. There are two primary ways of accessing this risk of a project failing–quantitative and qualitative project risk management. Quantitative vs….
Read moreTwo Techniques for Qualitative Risk Analysis
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by Joe Somerville
After you identify project risks you need to analyze them to see which ones are important enough to manage. The most common form of analysis is called qualitative risk analysis. The risk level is referred to as “qualitative” since it is a quick approximation and does not reflect the rigor of a detailed, numerical analysis. The overall risk…
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Top 5 Project Management Podcasts You Should Start Listening To
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by Joe Somerville
Project management podcasts make excellent tools for improving your knowledge of project management, and listening to project management podcast can actually count towards professional development units. Obviously, the choices for podcasts are practically unlimited, but some of the best podcasts come from these five stations. Top 5 Project Management Podcasts 1. The Project Management Podcast The Project…
Read moreTop 4 Challenges Project Managers Face (& How to Fix Them)
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by Joe Somerville
Take a moment to think about all that goes into a project. There is a set scope, budget, schedule and timeline. More companies and project management professionals are continuously looking to cut costs and improve visibility. Risks may evolve into threats. Opportunities can evolve into big savings and better visibility. Or, they can result in…
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5 Ways to Stay Proactive During Project Delays
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by Joe Somerville
Project Delays are an inherent part of any project. Project delays occur as a result of poor planning, inadequate communication, diminishing resources, and changes within the scope of project. Furthermore, project delays result in poor employee morale and reduce the vitality of your project management team. Fortunately, you can reduce the negative effects of project…
Read more5 Ways Staff Augmentation Services Create Better Project Management
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by Jeff Collins
Dealing with limited resources, particularly finite numbers of skilled workers, remains one of the key problems businesses face during expansion. In order to excel at project management, businesses need to take advantage of available staff augmentation services. Staff augmentation services refers to a temporary expansion of staff without the traditional standard of hiring for a…
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