What is Internal Rate of Return
Although the actual returns of a project or investment differ from its Internal Rate of Return (IRR), IRR finds use to determine the attractiveness of …
Continue ReadingAlthough the actual returns of a project or investment differ from its Internal Rate of Return (IRR), IRR finds use to determine the attractiveness of …
Continue ReadingWhat can make project execution so difficult? It’s the people. The larger and more visible the project is, the more individuals that will have …
Continue ReadingSecuring stakeholder approval of project risk is of critical importance to implement an effective project risk management plan and thereby, reduce the …
Continue ReadingScope creep can occur in almost any project–and most of the time, it’s detrimental to the outcome. Here, I’ll provide some examples of scope …
Continue ReadingWhile each project is different, there are several general guidelines to follow when creating a matrix of functional requirements.
Continue ReadingIf you’re good at running projects and want to open your own business, how do you write a business plan for project management services? Every …
Continue ReadingProject managers use a consistent basic project plan format to organize and coordinate activities so that all their projects get completed on time, …
Continue ReadingA business proposal differs from a business plan in that its primary purpose is to secure a loan, not act as a plan for an internal management team.
Continue ReadingHow do you know your product is ready to ship? If your organization doesn’t have a traceability process defined, then the answer is–you …
Continue ReadingNo matter how great your project idea is, there are certain techniques to be used when planning a project to help ensure your idea turns into a …
Continue ReadingGathering stakeholder feedback throughout a project’s life cycle helps a project manager keep a project on track. Project managers should use these …
Continue ReadingPart of understanding how to create alliances with stakeholders is to know your needs and if you build alliances, how those ventures could improve a …
Continue Reading