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 the product. Without understanding the stakeholders’ needs, a project will likely miss the mark. This translates not just to a […]
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? Who will be managing the project? What are the available resources? Effective time, cost and task tracking requires detailed information. […]
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 a project. By tracking your project, you can compare actual to planned progress, and identify issues that may prevent the […]
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 work on behalf of a client that has neither the skills nor resources to perform in-house. It is usually more […]
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 and of quality. The following some of the risk management tools which can be used during a project; 1. Root […]
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 innovative ideas, strengthens team bonding and collaboration, and improves work efficiency. However, ensuring effective communication becomes challenging when the team is […]