When to Use a Pareto Chart - Examples and Guidelines
This article explains when a Pareto chart should be used and gives examples of those instances.
Continue ReadingShowing items from Project Planning for PMs
Four Fields Mapping: A Japanese Approach to Project Planning
This article provides an introduction to the four fields mapping. It describes what constitutes a four fields mapping and is a useful addition to the …
Continue ReadingExplaining the Different Types of Feasibility Studies
Do you know about the different types of feasibility studies? If not, this article is for you. Learn about economic feasibility, resource …
Continue ReadingThe Tools You Can Use to Create a Budget For Your Project
To get funding for a project, there needs to be a budget. By using tried-and-tested techniques, you can create a robust budget to get funding, secure …
Continue ReadingWhat Is Cost of Quality in Project Management?
“In 2008, Apple recalled the first generation iPod in Japan. In 2009, Apple recalled the same line of iPods in Korea.” The Cost of Quality (CoQ) on …
Continue ReadingHow to Write a Statement of Work: What to Include and How to Get Started
A statement of work is necessary for the project manager and those on his team to succeed with ultimate goals of the project. Among other things, it …
Continue ReadingUse of the Nominal Group Technique in Decision-Making
The nominal group technique is a method used for group decision making. It’s similar to a vote, but it also takes the opinions of each …
Continue ReadingUsing the Focus Group Technique for Group Decision-Making
The focus group technique is a great tool for a project manager. It helps groups make decisions as a team in an efficient and positive manner. …
Continue ReadingProject Cost Estimation During the Project Cost Management Process
“Our sales people conducted project cost estimation and we got the contract. Unfortunately, the cost estimation was unrealistic and now the …
Continue ReadingExamples of Estimating Costs in Project Management
Projects need to be delivered on-time and on–budget. Accurate cost estimation is crucial for the latter. Otherwise, well let’s just say you won’t be …
Continue ReadingProject Initiation Document Template & Tips for Project Managers
Even if you have a project initiation checklist, you still need to create a project initiation document. In fact, the checklist should be created …
Continue ReadingWhat is Value Engineering in Continuous Improvement?
We’ve all heard about win-win situations, but they don’t always exist. By practicing value engineering, win-win situations will never be a far …
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