Project managementis all about guiding a team to reach a project’s goals while working within set limits, like time and budget. Project managers are the ones who keep everyone on the same page: They talk to stakeholders about the project’s purpose, key details, budget, and timeline, and ...
Project management brings a repeatable process to organizing, executing and governing projects. Each project's objective is clearly articulated, workers' roles and responsibilities are identified, timelines for finishing tasks are set, and the reporting mechanism to measure and convey progress toward achie...
Tacit knowledge is highly personal and difficult to articulate or codify. It resides in an individual's mind and is based on their experiences, intuition, and insights. Examples include skills, expertise, and the ‘know-how’ that employees bring to their roles. Sharing tacit knowledge often req...
What is project management? Project management is the practice of applying knowledge, skills, tools, and techniques to complete a project according to specific requirements. Proper execution of this practice comes down to identifying the problem, creating a plan to solve the problem, and then execut...
Here’s a quick definition of each of the 10 project management knowledge areas, first defined by theProject Management Institute (PMI)in its Project Management Body of Knowledge (PMBOK). Scope management: Managing the scope of a project, which refers to the tasks, deliverables and milestones th...
Some types of knowledge management systems are particularly useful for identifying areas where information is lacking. Organizing all your data in a single resource makes it easier to see what’s missing. Moreover, formalizing knowledge by turning it into logically structured documentation can help unc...
ADKAR Change Management Model This bottom-up method is focused on the people behind the change. ADKAR is an acronym that stands for awareness, desire, knowledge, ability and reinforcement. These aren’t in any order, but address the need to change, participate and support the change, know how...
Value stream mapping: As mentioned above, VSM can help you visualize the phases of your project management plan and identify areas of waste. Customer feedback surveys: Getting feedback from customers is a great way to assess project issues and increase product value. Gantt charts: Gantt charts ...
According to a McKinsey report, only one in 14 IT projects is delivered on budget and on time. A project baseline helps you oversee the entire project, monitor performance, spot potential problems, and easily identify areas for change. The lack of project baseline management can lead to...
Two diagrams, the first is a Venn diagram that explains how tech intensity is the intersection of technology adoption of a company, an individual's capability to use the technology, and organizational trust to deploy the technology. The more those three areas overlap, the higher the tech int...