Category: PM Framework

Explore generic processes, tasks, and tasks of a project management framework and how to transition a project from start to finish.

Business Drivers: the Root Cause for Project Development

Business Drivers: the Root Cause for Project Development

Project management is a pragmatic process which involves efficient decision making. This means any right decision on whether to make a change to an existing business environment is made considering...

Risk Analysis Rornado Chart

CPM Project Risk Analysis by Simulation

Project risk analysis has always been as challenging and complicated as valuable and mission-critical. The information a team gathers while analyzing risks is valuable as long as it helps the team perceive true risk exposure and reduce the key drivers. The impact of uncertainties and risk events can jeopardize project schedule and push critical path completion dates out of alignment with project goals. A simulation-driven risk analysis in critical path management (CPM) gives the team a true sense of exposure. Risk models let ensure realistic CPM scheduling.

Lean Thinking Project Management in Six Sigma & Agile Models

The philosophy of Lean project management teaches us to operate more efficiently by eliminating any defects and waste in products, services, inventory, processing, transportation etc. This philosophy becomes central for Agile software development and Six Sigma process improvement. The principles of Lean thinking and Kaizen management are indispensable for successful Six Sigma implementation. When combined with the DMAIC cycle, Lean-Kaizen contributes to easier identification and quicker resolution of project quality issues. In order to succeed at the largest scale, software development teams combine Agile incremental delivery with Lean-thinking project management.