Terms of Reference (ToR) provide a statement of the proposed project’s background, purpose, and objectives. A ToR template includes a range of criteria that are necessary for strategic project management decision-making. In addition, this document defines the activities, risks, budget, and expertise related to the project
Leading organizations regard ERP solutions as cost-effective investment projects that will deliver value to their business. But these organizations remain cautious about such projects because of economic recovery and business changes. They need to be sure technology investments will be profitable and value-driven. And careful planning will be a great way to ensure the business value and profitability of any ERP investment project. In this article, let’s talk about planning for ERP investments in a typical company.
The top 10 tips and considerations about reaching effectiveness in managing various projects are described in this publication. Here we talk about the meaning of project effectiveness and explain what means to be effective in terms of producing design results.
project appraisal management serves as the major process of analyzing and approving the project. In this article, I am going to write about the project appraisal process and its key steps.
Managing records on a project is an essential activity that makes it possible to handle and use project documentation in the way that ensure smooth capturing of documents and papers by seniors, team members, and other stakeholders. Being a part of overall project document management, records management allows a project manager to direct and control document flows throughout the project lifecycle while ensuring that every single document or record serves the operational needs and helps teams capture and retrieve necessary information. It creates a framework for running project activities and procedures and paves the way for analysis, lessons learned, historical reviews, etc.
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