MyMG Team | Your Guide to Project Management Best Practices - Part 25

Your Guide to Project Management Best Practices

Author: MyMG Team

project corrective action plan

How-to Guides

How to Analyze and Correct Problems in Projects

In order to ensure success, project managers have to juggle requirements and resources throughout the entire project implementation life-cycle to ensure compliance of the required deliverables with the baseline parameters (scope, cost, time, quality). A corrective action process appears to be the major tool that helps comply with the project baseline. In this article, I’m going to describe key steps of the process to help project managers analyze and correct problems.

PM training in career

Career & Lifestyle

Why PM Training Improves Your Career

Are your management functions becoming more complex and demanding? Have you got a job promotion so now you need to develop new skills and abilities to carry out your new responsibilities? Are you looking at improving your career through project management (PM) training? In this article I’m going to tell you why you should get PM training and why your management career will boost after you complete your training and get a PMP certification.

project plan steps

PM Tips & Ideas

Developing a Project Plan in 5 Steps

Planning is a basic management process that involves formulation of a detailed scheme or action scenario to get optimization between the needs and available resources within a project. Developing a project plan is the primary goal of that process. A project plan explains in detail what amount of work to do and how to achieve the objectives, by whom, and when. It is the most prioritized document that provides a roadmap for the project manager to follow. In this article you will find out the 5 steps to developing a winning plan for your project.

business case template

Templates

Business Case Template

A business case is a fundamental part of the project management process. This decision making tool aims to convince senior management of the need to invest resources in a proposed project rather than in other competing alternatives. A business case also helps analyze the financial and non-financial outcomes following from the project to determine how costs and revenue will change and what effects will occur after project completion.

This Business Case Template describes typical items to be included in a business case. It also gives some suggestions regarding document writing and presentation styles. This template will help business analysts, project managers, sponsors and other decision makers review the arguments for or against a proposed project. It is available for free downloading.

software project ROI

How-to Guides

How to Maximize Return on Software Investment Project

Because of increasing competition and growing business demands, today’s organizations are looking at increasing their investments in software and IT sector. IT and software investment projects are regarded as a way to grow business, improve competitiveness, and strengthen leading positions. However, the economic recovery remains uncertain, and most companies are concerned with gaining the most from their software investment dollars… This article describes a methodology organizations can employ to maximize the return on software investment projects. The methodology allows speeding project implementation and achieving ROI faster. It will show you how to define and track performance metrics to maximize the return on your software investment project.