Your Guide to Project Management Best Practices

Author: Daniel Linman

PRINCE2 activities

PM Framework

PRINCE2 Activities: Five Models of Managing Targeted Activities

The PRINCE2 methodology generates a range of activities to manage project constraints such as issues, risks, quality, business requirements, and so on. In order to plan and deliver a PRINCE2-driven project, the project manager needs to understand what activities to run and how they supposed to be managed. In this article we present five models of PRINCE2 activities. The models describe Business Case, Quality, Risks, Issues, and Work Done. The information in this article will help you better understand PRINCE2 activities.

strategic business planning

Business & Finance

Strategic Business Planning and an Audit Checklist

The audit of the business management environment starts with investigating the foundation of any organization – strategic planning. Business strategic planning identifies what goals the organization is supposed to achieve and determines how it should act to reach the destination. Auditing strategic planning allows the auditor to get insight into the company’s top-level goals and expectations and then compare the current status of the goals with the plans. Below we present the definition and key elements of the strategic planning process and outline a list of questions for auditing the process.

idea protection checklist

Templates

A Checklist for Business Idea Protection

Having a truly original for your business is not enough for successful start of your company because there is a strong need to protect it. Business idea protection is a strategically important activity of efficient small business management that requires you to know how to protect a business idea and secure your intellectual property. If you don’t protect your idea, other people are likely to steal it from you and then your business won’t be unique and even not effective. Just imagine: you have invented a method for recycling and established a recycling company that today takes care of removing and recycling all the garbage from the streets of your city. But somehow your competitors have stolen your recycling technology and started using it. Now you are not so competitive as you were and you lose your money.

business banking checklist

Templates

Business Banking Checklist

Success in managing finances and accounting significantly depends on the small business banking relationship that is established between an operating business firm and a banker. It’s not a secret to anyone today banks and other financial institutions serve as a foundation for controlling and performing daily operations in most organizations, and for your company it is also very important to get the best banking service. You must be a good planner to enjoy using convenient online business banking. But first this will require you to prepare necessary business documentation and choose a worthy financial institution.

business support planning: how to

How-to Guides

How to Keep Your Business Viable and Profitable

Effective business support planning becomes one of the most critical activities within successful small business maintenance and development. By developing a complete business support plan, company owners, managers and executives get more chances to make their businesses viable, stable and profitable. A viable business support plan gives a clear explanation on how each of the business activities maintained by a company can fit together to produce profits. In this article we will talk about the importance of business support planning, review the definition of a business support plan and also highlight the key services included in the plan.