Category: Business & Finance
As a rule, the process of researching and analyzing the activities of a project for possible gaps in business requirements and inefficiencies in solution delivery is carried out by a professional (or an expert group) appointed to the role of business analyst. This professional contributes to solving the solution design and implementation issues in project management by providing expert advice, guidance and leadership to the project manager, team and other stakeholders. The business analyst takes ultimate responsibility for identify and solving problems affecting the business solution, and works closely with the project manager to analyze the existing business systems and make recommendations for improvement.
Having a consistent methodology in place lets decision makers establish, support and implement best practices of management in their business environment. A business methodology increases chances of success, prevents waste of time and effort, eliminates unnecessary actions, and ensures consistent reporting and analysis. If you currently use a strategic methodological approach in your company or consider implementing one, consider the four benefits of having such a roadmap in place.
Good business decisions never come up right away. Decision making is a thorough and often time-consuming intellectual process, so every decision maker needs to take a number of steps (for example, analyze the problem, determine possible solutions, select evaluation criteria, identify desired outcome, others) in order to find a logical choice among available alternatives… In this article, I talk about how to make good business decisions. Here you will read about 8 major steps that help you be a better decision maker in your business.
Undoubtedly, effective project management (PM) is critical to project success. A project manager needs to be well skilled and have a broad experience in PM in order to succeed at project execution. However, in today’s normal business environment traditional PM skills and abilities (such as leadership, communication, delegation, etc.) are no longer enough; project managers must also be good at marketing in order to promote their projects and be sure they do the things right and get closer to success… In other words, in today’s business environment marketing and project management are closely tied. Moreover, marketing has already become a built-in module of the PM framework, and so no success can be reached without right marketing tactics… In this article, I’m going to describe several marketing tactics that can help project managers keep their projects promoted and accelerated.
A corporate policy provides a broad understanding of the opportunities and issues organizations deal with. Effective policy management allows directing and restricting company activity and employee behavior. Managing the corporate policy effectively helps ensure that every employee knows the strategic goals, shares the business vision, and commits to overall business success. In this article I explore 5 steps for building effective policy management.
