Project KPI Hierarchy

Use Project KPI Library to Improve Performance Analysis

As the discipline of project management intensively develops and today serves the key to business success, more and more organizations realize that extended knowledge of this discipline impacts their bottom line and exposes improvement areas in cost accounting and performance analysis. Companies use project performance analysis to discover and fix financial problems early, accurately account for business costs, and explore better ways to improve staff productivity. Project KPIs and metrics are used as the basis for effective business decision making. In order to succeed, each manager needs to use a project KPI library that makes performance analysis easier.

Top 5 Considerations for Project HR Management

Top 5 Considerations for Effective Project HR Management

If you ask successful project managers which task among their duties is most challenging, most likely they will tell you about managing human resources as this task takes much of their time and effort. Trying to allocate right employees with right skills can be extremely challenging, especially if you deal with large project teams. Here are 5 key considerations to help you achieve effective project HR management and maximize success.

Avoid Spending Too Much Time at Project Planning

Planning is vital to success. A well-planned project makes 80% of successful product delivery, while the rest 20% are achieved by effective control and execution. However, good planning doesn’t mean that a project manager needs to spend most of his/her time on creating and polishing a project plan. Instead, this executive must proportionate the time spent on the planning stage to the time expected for project implementation to ensure that valuable resources aren’t wasted and real progress is made.

Agile Process: Iterative Product Development Aligned with Client Needs

Agile Process: Iterative Product Development Aligned with Client Needs

While Scrum, XP, DSDM, Lean Software Development and other Agile methodologies have caught on in the software development industry, many organizations see achieving agility in project management as problematic, to a certain extent. For those organizations, the traditional project management approach appears to be most effective in managing long-range business plans and creating enterprise-level forecasts. However, at the team level the traditional approach fails as it doesn’t allow the development team to react to rapidly changing circumstances in the project environment and to align with client requirements. In contrast, Agile-driven projects are enabled to effective and efficiently manage changes through iterative product development.

Project staffing plan

Defining Roles, Responsibilities and Skills in Project Staffing Plan

The purpose of a project staffing plan is to make certain that the project is provided with sufficient human resources that possess the talents, knowledge and experience required for successful work completion. Roles, responsibilities and skills are the key elements that compose the plan and thereby should be considered with great care. The following article provides common definitions of project role, responsibility and skill and briefly describes how to plan project staffing needs by considering these definitions.