The potential of a Learning Management System (LMS) has significantly broadened overtime. While initially LMS played a key role in online education and distance learning, it has now seeped into...
For people who drive long distances such as van drivers, time is of the utmost concern. Sometimes even a slight change in strategy can save you hours of being stuck in traffic. To help you manage your time on the road better, here are 11 time management hacks especially for road warriors.
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.
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.
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.