Tagged: featured

5 Steps To Flawless Teamwork

Group collaboration and project execution are often done behind the scenes with only the final result presented to the client. However, it is the effective team that is at the forefront of project success, especially of the digital one that is often being carried out by virtual teams that may never come to a physical encounter with each other. We suggest taking these five simple, yet very effective steps to improve the project team collaboration on a day to day basis.

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.

Developing a More Realistic Project Schedule

Scheduling can make or break a project. While the success of a project management initiative depends greatly upon both adequate planning and efficient execution, realistic scheduling is sometimes underestimated. Some executives don’t consider the development of a realistic schedule as sound to success as it really is. Meanwhile, adding more accuracy and explicitness to the project schedule lets align the entire work with stakeholder expectations and accounts for true risk exposure.

Key Benefits and Common Mistakes of Project Scheduling

Right project scheduling makes it possible to determine when a planned activity is best to start and finish in terms of the resources and objectives this activity relates to. An accurate and complete schedule template captures durations, dependencies (predecessor tasks and their relationships), resource availability, and target completion date of the project, so it becomes easier for the team and other stakeholders to get a clear idea of what work items are to be done, in what sequence and when. The benefits of good scheduling can be also derived by the project manager who is enabled to review work progress, comply the activities with business policies, and reach efficiency in program management. Meanwhile, there are several common mistakes in scheduling that often cause project failure. Let’s find out more about the key benefits and mistakes.

Mind Mapping for project planning and management

Mind Mapping for Project Planning and Management

Creativity, patience and organizational ability are all important talents for project managers, but detailed documentation is a critical success factor which should addressed first of all, and mind mapping is a great way to manage project documentation. Because mind maps create visual and easy-to-understand-and-follow documents, many professionals regard this tool as ideal for project planning and management. Priorities, tasks, dependencies, milestones, resources, durations, lead times and more can be visualized and presented to the team with help of mind mapping software. And you don’t have to be well experienced in idea visualization and presentation – everything you need is to use your creativity and have right understanding of subject matter to stimulate your mind and create a project map, either Gantt chart, WBS hierarchy, Team organizational chart, or whatever else document.