Your Guide to Project Management Best Practices

Author: MyMG Team

A business case for IT investment project

IT & Software

IT Investment Business Case in 7 Steps

When a business organization decides whether or not to invest in a kind of technology innovation project, the first thing this organization needs to consider is the business value that can be delivered with this project. In such situations, a business case can be used as a framework for measuring business value and profitability of IT investment opportunities in terms of ROI (Return on Investment). In this article you will find out how to develop a business case for an IT investment project. Here we describe a 7-step approach to writing IT investment business case.

feasibility study template

Templates

Feasibility Study Template: How to Assess Project Viability

This Feasibility Study Template gives decision makers responsible for undertaking a feasibility analysis a starting point for developing a complete and comprehensive document. The template provides a table of contents outlining what sections and sub-sections should be included in a feasibility study. It is available for free download. You can use this Feasibility Study Template to minimize document preparation pressures and develop a standard feasibility study document for use in the organization.

activity schedule

Templates

Project Activity Schedule Template

An activity schedule is an analytical tool for graphically presenting and reviewing the activities of a project. It helps to identify the logical sequence of the activities, estimate their duration, and denote any dependencies that exist between them. The activity schedule also serves as a foundation for allocating management authority and responsibility. Having the activity schedule prepared, the project manager can plan for further specification of resources and estimation of costs… The following Project Activity Schedule Template is designed to help project managers create the schedule. The template describes 6 steps of the schedule development process.

How to Launch a New Project (A Quick Guide for Project Managers)

How-to Guides

How to Launch a New Project (A Quick Guide for Project Managers)

As you’ve been appointed to a new project, you must take the role of project manager. But how will you do this role? What activities are you going to perform to ensure the success of your project startup? In this article we talk about the basics of the startup process. You will read about the skills you must possess to be a good project manager. Here we also talk about the steps of managing the startup stage.

ERP and business agility

IT & Software

Business Agility with ERP Systems, or How to React to Business Changes

Enterprise resource planning (or ERP) system is a great choice for companies that want to reach the agility in their business activities. ERP allows for identification and planning of the resource needs, thus it is the basis for quick and cost-effective enterprise-wide decisions. An organization that deploys a modern ERP system is able to reach the four states of business agility, such as Flexibility, Balance, Adaptation, and Coordination. This organization becomes agile because it knows how to react to business changes. ERP provides the company with real-time business intelligence reports, process automation, mobility, and innovative development. In this article you can learn how modern ERP systems can help your business be agile and responsive to changing environments.