Your Guide to Project Management Best Practices

PRINCE2 Project Management Methodology Overview

PM Framework

PRINCE2 Methodology Overview

The PRINCE2 methodology regards project management as a series of logical processes and procedures to create a well-controlled project environment. It provides a process-based approach that is applicable to all types of projects. Being originally developed in the United Kingdom as a standard of IT project management, today the method is widely used in many countries over the world because it provides the standardized suite of processes and procedures for safe, controlled and efficient planning and implementation of projects. Let’s learn more about the PRINCE2 methodology.

strategic business planning

Business & Finance

Strategic Business Planning and an Audit Checklist

The audit of the business management environment starts with investigating the foundation of any organization – strategic planning. Business strategic planning identifies what goals the organization is supposed to achieve and determines how it should act to reach the destination. Auditing strategic planning allows the auditor to get insight into the company’s top-level goals and expectations and then compare the current status of the goals with the plans. Below we present the definition and key elements of the strategic planning process and outline a list of questions for auditing the process.

idea protection checklist

Templates

A Checklist for Business Idea Protection

Having a truly original for your business is not enough for successful start of your company because there is a strong need to protect it. Business idea protection is a strategically important activity of efficient small business management that requires you to know how to protect a business idea and secure your intellectual property. If you don’t protect your idea, other people are likely to steal it from you and then your business won’t be unique and even not effective. Just imagine: you have invented a method for recycling and established a recycling company that today takes care of removing and recycling all the garbage from the streets of your city. But somehow your competitors have stolen your recycling technology and started using it. Now you are not so competitive as you were and you lose your money.

business decision making checklist

Templates

Business Decision Making Checklist

Business decision making is a strategically important process that requires business planners to consider a number of factors influencing the final decision. A convenient tool for making efficient judgements and considering available solutions is the business decision making checklist. In this article we will describe the key steps for making better business decisions. It will be helpful for business owners, analysts, managers and planners who need to take action and develop effective solutions.

business banking checklist

Templates

Business Banking Checklist

Success in managing finances and accounting significantly depends on the small business banking relationship that is established between an operating business firm and a banker. It’s not a secret to anyone today banks and other financial institutions serve as a foundation for controlling and performing daily operations in most organizations, and for your company it is also very important to get the best banking service. You must be a good planner to enjoy using convenient online business banking. But first this will require you to prepare necessary business documentation and choose a worthy financial institution.