Audits have a bad reputation. Nobody wants to get a letter
from the IRS informing them that an audit of their finances is about to begin.
However, an audit simply refers to a formal examination of one's financial
records. As a result, an information technology audit is a formal examination
of an organization's IT infrastructure, policies, and operations. It also
includes a...
Wednesday, 29 September 2021
Tuesday, 28 September 2021
4 Best tips for making a Proof of Concept
A successful proof of concept establishes that a proposed
project's goal is feasible and achievable. A POC's value is that it can assist
a project manager in identifying process gaps that could obstruct success.
A proof of concept does more than that. A proof-of-concept
(POC) elicits feedback from everyone involved in a project, including those who
might not have contributed...
Monday, 27 September 2021
Project Sponsor roles in each project phase!
A project sponsor is a person or organization that owns
the project and provides resources and support to ensure its success.
At least one project sponsor is required for every project.
They are the project's driving force. While they are not responsible for the
day-to-day operations of a project, they are in the project hierarchy above the
project manager. The project sponsor...
Saturday, 25 September 2021
How to properly gather requirements in Project Management?
Early on in the
process, writing down your requirements can help to break down communication
barriers between the user and the developer, the stakeholder and the team
member, and the company and the customer. So, let's talk about how we go about
gathering those requirements.
1.
Requirements Elicitation
You'll begin the
planning process by interviewing...
Friday, 24 September 2021
Dealing with Negativity Bias That Impacts Your Project Management
If you've never
heard of negativity bias, it's a psychological term. It refers to the
phenomenon in which people give negative experiences more psychological weight
than positive ones. She went on to say that negative emotions have a three-fold
stronger impact than positive emotions, according to research.
Consider how this
might affect a project. Projects have plans, but...
Thursday, 23 September 2021
5 Steps to IT Risk Management
Information
technology (IT) is no longer a back-room operation with little impact on daily
operations. It's big business, and it's involved in almost every sector of the
economy, so it's fraught with dangers. Continue reading to learn more about the
significance of IT risk management.
IT risk management
is the application of risk management techniques to the field of information
technology...
Wednesday, 22 September 2021
Basics of Operational Planning you need to about!
After you've put in
place a solid operational plan, you'll be able to achieve project success,
especially on a team level. Without an operational plan, team members may lose
track of their schedules and tasks, causing budgets to balloon and chaos to
ensue. So, let's dive in and learn how to create an effective operational plan
to ensure that your project is well-executed.
What...
Tuesday, 21 September 2021
Project Management: An overview of the Pilot Study!
Project managers
strive to reduce risk in their projects. They can do this in a variety of ways,
including risk assessments, historical data on similar projects, and thorough
planning. While issues will inevitably arise in any project, the better
identified and controlled they are, the less of a problem they will be.
But what about the
project as a whole? Will it be successful?...
Monday, 20 September 2021
Advantagesof PMP Certification in the corporate world!
With all of the changes going on around us, it's become more
important than ever to update our knowledge. Aside from embracing the new
normal, becoming a certified holder has also become a common occurrence
nowadays. As a result, we've seen a slew of foundations spring up that promise
faster skill growth as a job alternative. Project Management has become a
well-known and...
Saturday, 18 September 2021
Project Management: 4 Best Steps to Make a Work Plan
Creating a work
plan is a lengthy process that necessitates as many details as possible to be
established before presenting to stakeholders. Here's where you should
concentrate your efforts.
1.
Identify the Project Name, Purpose and General
Timeline
Given the purpose
of the project and the rest of the information you will fill in after this
step,...
Thursday, 16 September 2021
5 Project Management Errors You Need to Avoid!
Here are 5 project management errors you should never make.
1.
Setting Goals Without Your Team Consent
Before setting
goals and generating projections about upcoming projects, it is necessary to
hold a kick-off project meeting with all team members. By ensuring that
everyone understands their duties and responsibilities, a kick-off meeting may
help...
Wednesday, 15 September 2021
The who and what of Project Managers!
Within an organisation, project managers are the point
person in charge of a specific project or projects. We regularly feature
project management resources to assist PMs in obtaining jobs in the industry or
improving their current skills. As a result, we thought it would be a good idea
to look at what core project manager qualifications are required, as well as
define their...
Tuesday, 14 September 2021
Ace the PMP Exam prep with these unique tips!
Is it difficult to experience the PMP Exam prep? The vast
majority say " yes "to this issue – it's not however inconceivable as
it seemed to be. You will find that there are numerous basic patterns If that
you search for the explanations behind the deficiency of a few up-and-comers.
So we have set up four effective tips to assist you with succeeding the primary
attempt at...
Monday, 13 September 2021
4 Best tips to get a high score in PMP Certification exam
As a recent PMP, I'd like to share some of my personal PMP
exam tips to assist you in obtaining that designation and welcome you into our
PMP brotherhood, which has over 1 million members worldwide as of June 2021.1. Attend a PMP exam prep course
Taking a PMP exam prep course was one of the things that
helped me pass my exam. I strongly recommend taking...
Saturday, 11 September 2021
7 Steps to craft a Scope Management Plan
What is Project Scope?
The goals and
objectives of a project are defined by the scope of the project. The project
scope outlines those objectives, as well as the deliverables, tasks required to
complete the deliverables, costs, and deadlines. It is, in fact, the entire
project's parameters.Scope aids not only
in defining the project's boundaries but also in determining who...
Friday, 10 September 2021
Advantages and Disadvantages of a Fixed-Price Contract
A fixed-price
contract is one in which the job's agreed-upon price remains constant
throughout the project. The price remains the same regardless of whether more
time, materials, or labour is required than originally estimated. It's one of
the easier construction contracts to understand.
As a result, the
contractor's scope of work in their bid must be extremely precise....