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Don’t underestimate the importance of a Stakeholder Management Plan

PMCompanionFebruary 11, 2022February 11, 2022Leave a comment Post in Uncategorized

The charter, the schedule, and the project management plan get all the glory, but the stakeholder register is key to understanding the others. After all, a project takes people not just to perform the work but also to benefit from…

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The Six Elements of a Project Report

PMCompanionFebruary 3, 2022February 3, 2022Leave a comment Post in Uncategorized

There are six elements to project reporting, as the execution phase progresses. It’s important to report on project progress so the schedule doesn’t go astray. Comprehensive project reports include six elements: Start with the basics. What is the project’s name?…

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Tracking Projects

PMCompanionJanuary 28, 2022January 28, 2022Leave a comment Post in Uncategorized

Project tracking is an essential part of staying on schedule and within budget. Without it, you cannot keep an eye on progress and create accurate reports. It is a project management method used to track the progress of tasks in…

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Minimizing Risk in Outsourced Projects

PMCompanionJanuary 20, 2022January 20, 2022Leave a comment Post in Uncategorized

In our series of risk management, the focus has been on internal project risk, their identification and mitigation. However, when accounting for risk, there must be an understanding on outsourced risk, the process of contracting a third party to do…

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Risk Management Tools & Techniques for PM’s

PMCompanionJanuary 13, 2022January 13, 2022Leave a comment Post in Uncategorized

Risk is inherent in project management and so is the need to create a risk management plan to control it. That methodology is called risk management, which is as important as planning to making sure a project comes in on time, within budget…

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Streamlining Communication between Remote Teams

PMCompanionJanuary 7, 2022January 7, 2022Leave a comment Post in Uncategorized

Whether trying for executive buy-in or conveying regular updates to stakeholders, managing teams, and communication plays a critical role in every facet of the business landscape. It helps convey the requisite information at the right time, facilitates the exchange of…

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