Blog
The Monte Carlo Method in Project Management
The variation in parameters of cost and risk in project management are obtained by Monte Carlo methods
Do you know how the project will end?
Higher learning and management, a corporate mission
Controlling employee hours, the five keys you need!
A company is based on two main cornerstones: productivity and efficiency. Employees who perform poorly affect the results and costs of the whole company. Hence, controlling performance and the hours of the employees they are responsible for should be a priority for any project manager.
Manage your projects time, it is money!
There are two main control variables available to the Project Manager during the course of a project: hours and progress. These two variables enable us to apply Earned Value Management principles and thus gain insight into project performance at any time.
Project risk management fundamentals
Risk can be defined as an uncertain event or condition that, if it occurs, has a negative effect on a project’s objectives. Proper risk management can make our project avoid, or at least minimise, the negative impact of these problems. Risk management is one of the knowledge areas that Project Managers need to manage efficiently.
Project Stakeholders
The 80/20 Rule: focus your own effort and your team's
A few tasks decide most of a project's outcome. Here is what the Pareto principle actually says, how Juran came to give it Pareto's name, and how to use effort and value to focus your team.
Project Management Processes
Project Life Cycle
Understanding the project life cycle is essential for organizing work, setting expectations, and delivering results. This guide covers the concept, its phases, and how teams put it into practice.
