MyMG Team | Your Guide to Project Management Best Practices - Part 24

Your Guide to Project Management Best Practices

Author: MyMG Team

Teamwork & Leadership

Factors that Make a Low-Performing Team Achieve Higher Performance

Performance including ways to improve it is one of the key concerns of managing product teams. When an executive considers what constraints have the greatest impact on team functioning and product development, basically this individual needs to explore five factors common to most high-performing teams. As multiple surveys indicate, those five factors determine approximately 70% of success. In case they not considered and addressed appropriately, the likelihood that a low-performing team achieves higher performance is only 3.5 %. In this article we investigate the factors and provide tips to improve team performance

Tips on averting pitfalls of leadership

Teamwork & Leadership

Horrible Bosses: Avert the Pitfalls of Leadership

The tenets of effective leadership are simple to comprehend but difficult to achieve. With some introspective journeying to determine your values and vision, and implementing techniques to gear your company toward growth, anyone can rise as a great leader; but first you must rid yourself of ineffectual management tactics. The tips and the roadmap provided in this article will be helpful.

Agile vs Waterfall Custom PM

PM Framework

Going Agile vs Waterfall Approach? Custom Project Management is Better

The question ‘What is better – Agile or Waterfall?’ remains open, even regardless that both approaches are well defined and their best practices are explored and proven for given business environments. Because different companies have different values, every organization needs to decide on either a traditional, step-by-step project management approach or an iterative-based, highly-adaptive method for planning and managing the business objectives. But is there another option, except for considering Agile vs Waterfall approach? Apparently, there is. Custom project management (PM) provides a framework that combines traditional PM methods with adaptive, iteration-driven practices. Today many businesses begin to customize the way they plan and do their business projects to tailor their PM approach to their business needs.

Six Sigma in Project Management - Definition and Success Factor

PM Framework

Six Sigma in Project Management – Definition, Cycle, Success Factors

The method of Six Sigma in project management (PM) determines a specific set of practices and business strategies that enable organizations to enhance the quality of their products/services and to exploit process improvement opportunities. The definition and implementation of Six Sigma method within business environment let establish the DMAIC cycle and follow best practices of quality control and assurance. Many companies today prefer this method to traditional project management, regardless of the failure rate that ranges from 35% to 75% of all Lean and Six Sigma projects. Furthermore, those companies need to consider the critical success factors and find out how to perform their improvement programmes using the popular approach.

improve pm skills

PM Tips & Ideas

Improving Project Management Skills

How can I expand my project management knowledge? What options do I have? Project managers, who’re eager to learn more, look for answers to these questions. For those people PM is the focal point of their career. If you are one of those people and want to improve your project management skills, you need to be ready to devote much of your energy to the improvement process. Here are top 5 considerations to help you develop your skills and abilities.