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How to Set Your Project Goals?

How to Set Your Project Goals?

Setting accurate and realistic project management goals is essential to ensure a hassle-free execution. Why? Let’s take the example of New Coke that was introduced in 1985 to get a clearer picture: So, in 1985, Coca-Cola introduced “New Coke”. They did their research and changed the drink formula to make it taste better, or so...
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What Is Project Cost Management & How to Create a Working Plan: Explained

What Is Project Cost Management & How to Create a Working Plan: Explained

Picture this: You’re leading a critical project for the next big milestone. Everything seems to be on track, but suddenly, unexpected expenses creep in. Maybe it was a last-minute software update or an overlooked vendor fee. Sounds familiar? You’re not alone. A Project Management Institute (PMI) survey revealed that companies waste around 11.4% of their...
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Key Elements & Components Of Project Management

Key Elements & Components Of Project Management

“Give me six hours to chop down a tree, and I will spend the first four sharpening the axe.” – Abraham Lincoln. Considering that your project is to ‘chop down a tree,’ this is how your ideal approach should be for Elements of Project Management. It emphasizes how the planning phase of ‘sharpening the axe’...
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What are Project Constraints and How to Manage Them

What are Project Constraints and How to Manage Them

Working on a project is enough of a stress on its own – a whole bunch of tasks and ideas flying all over the place. Things can get especially tiresome and stressful in projects involving larger groups of people. However, things get really complicated with numerous common project constraints that you can stumble upon along...
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50+ Project Management Quotes to Learn From

50+ Project Management Quotes to Learn From

Motivation knows no bounds. When we talk about project management, there are so many times and situations where teams, managers, or even stakeholders look for motivation on how to go about handling tough situations. Some look for strategies and tips, but sometimes reading a quote from a learned individual gives you all the clarity you...
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What Is Lean Project Management? It’s Origin, Principles & Benefits

What Is Lean Project Management? It’s Origin, Principles & Benefits

In many ways, project management is a recent craft; but one that has learned a lot from the world of old manufacturing processes. And project managers are constantly finding ways to implement the knowledge and experiences of 20th-century manufacturing to contemporary project management. With that in mind – lean project methodology is a great example!...
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A Guide to Waterfall Project Management Methodology

A Guide to Waterfall Project Management Methodology

There are many approaches to project management, especially in software development. Among these, waterfall project management is one of the more interesting ones, seeing as it stems from the old days of the construction and manufacturing industries; it was not specifically designed with software development in mind. So, what is the waterfall methodology? Essentially, we’re...
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