How Is the Delphi Technique Used in Project Management?
It’s no secret that project management requires decision-making, planning, and shared understanding amongst stakeholders, but sometimes that’s easier said than done. When it comes to reaching a consensus during a project, it can feel impossible. But what if there was a technique you could use to help solve the impossible? That’s where the Delphi Technique comes in.
A Quick Guide to The Linear Scheduling Method
A linear schedule is a project management tool used to present a schedule in two dimensions, such as time and distance. This is normally used for projects with linear construction properties or repetitive tasks, such as the construction of roads, bridges, and railways. In this article, we will explain what the linear scheduling method is, how
Risk vs Issue: Everything You Need to Know
Whether you realize it or not, we make risk vs. issue calculations all day long. Let’s consider one issue: You’re running late for work. Why not drive through that red light? Well, because of the risk: Getting pulled over by police, or worse, putting peoples’ lives in danger. So, you wait out the red light. That’s an
Inventory Management: Definition, Benefits, and Techniques
Businesses that effectively use inventory management are destined to succeed. With the help of inventory management software, companies can automate the process of ordering, storing, and optimizing their goods in a single place. In this article, we will expand on the importance of inventory management, as well as the different inventory management techniques, benefits, and examples
How to Conduct Pareto Analysis Using Pareto Charts
The 80/20 rule, also known as the Pareto Principle, states that 80% of the benefit can be achieved by 20% of the work. The Pareto analysis uses this concept to identify which parts of a project can be done efficiently and which can be avoided. It can be used to decide which problems should be
RICE Scoring & Framework Explained
In this article, we’ll define the RICE model and what it stands for. We’ll also explain how RICE scores work, plus the benefits and challenges of using this framework. Keep reading to discover how to strategically apply this method to project management. What is the RICE model? RICE stands for reach, impact, confidence, and effort. The RICE
The Ultimate Guide to Multi-Project Management
The more companies grow, the more projects they have in progress at the same time. Managing workloads, keeping track of deadlines, and knowing what to prioritize can become complicated, which is why multi-project management is so vital. In this guide, we’ll outline how leaders use multi-project management to coordinate multiple projects, tasks, workers, and time.
What is Quality Assurance (QA) in Project Management?
Quality assurance (QA) is one of the final and most important steps of any product roadmap. Used in a variety of industries, including software development and construction, quality assurance verifies that a product or service is of the highest quality, which is an integral process for any company. In this article, we’ll explain the basic
Understanding Dependencies in Project Management
In project management, identifying and handling a variety of dependencies is one of the most important tasks team leaders will manage. The challenge is that dependencies in project management are often complex. There are different types of dependencies that need to be considered in different project phases. In this article, we’ll dive deep into project
A Step-by-Step Guide to Using a Punch List
Got a never-ending list of project tasks to complete? A punch list can help. This project management tool is frequently used by construction managers, but it can help teams in any industry manage both old and new tasks that need to be revisited or monitored. In this article, we’ll explain what a punch list is in
A Quick Guide to the MoSCoW Method Technique
The MoSCoW method is a prioritization technique used by project and campaign managers to work smarter not harder. In this quick guide, we’ll explain exactly what the MoSCoW method is, how it works, and provide some examples you can use to inform your own analysis. Keep reading to better understand the various categories within the
Cycle Time vs. Lead Time: Everything You Should Know
Lead time and cycle time are often confused with one another. Both cycle and lead time are important time metrics in manufacturing, but they’re also important strategic tools for project management. Project managers and team leaders need to fully understand their differences and similarities to harness their power. In this article, we’ll go over cycle time
6 Project Management Trends to Expect in 2022
Project management will undergo significant changes this coming year. Worldwide physical and cultural events are shaping every new project management trend happening in the industry. They may even be transforming the entire project management discipline. Keep reading to stay in the know about some of the most notable changes, alongside our predictions for what to
Why is Project Management an Important Skill for Managers?
What does it take to be a great manager? What skills do you need to be an effective leader? We break down the most important competencies you need to be an effective manager and the project management skills you need to lead your team to success.
What is Takt Time & Why Does it Matter?
Even though it’s a simple concept, takt time can be a very powerful tool for project managers who need a more productive strategy. Knowing the exact production rate of a project will help you avoid running out of time or resources. It will also help your organization increase profits and better serve customer needs. In
How to Develop the Essential Skills to Be a Project Manager
Interested in becoming an even better project manager? Of course you are. This post breaks down some of the most important technical and soft skills for project managers and provides some actionable advice for stepping up your game.
Everyone's a Project Manager — Yes, That Means You (Video)
When you think about the term "project manager" who comes to mind? Your boss? A colleague on a different team? The guy who literally has "Project Manager" on his LinkedIn bio? Here's something to think about: we're all project managers — you, your teammate, even the intern on the other side of the office. Whether you consider the client
