Category: PM Tips & Ideas
The practice of project management embraces a great variety of projects that come in all possible shapes and sizes. Some businesses drive small and simple projects while other companies are involved in managing larger and more complex ones. But whatever project size, type or complexity, there are 5 best practices for managing projects successfully. If you follow these practices, you are likely to keep your project up and successful. If you don’t, there is an increased likelihood that your project will fail, or just end up with no desired result produced. In order to help you do everything right within your project, here are the 5 best practices for managing projects successfully.
Lack of trust between the customer and the development team blocks success of the project. Agile PM practices allow reaching mutual understanding of the project and its requirements so the parties know how to establish trustful collaboration with each other. In this article we talk about agile project management and how it contributes to building trust between the customer and the dev team.
In this article we talk about project outcomes and impacts which are the major components of the project evaluation process. We give the general guidelines for project evaluation.
The need for project prioritization appears when an organization has two or more either independent or dependent (portfolio) projects that are performed in parallel. How to identify the most preferable projects for implementation at the given point of time? Finally, how to be sure that the right projects are being performed? In this article we are going to answer all these critical questions.
Project appraisal is the review of a proposed project before money is committed. This guide covers the 5-step process, 7 types of appraisal, NPV, IRR, payback and BCR with a worked example, and a free template.