While there is no one-size-fits-all answer to whether companies should prioritize cost savings over supplier diversity in their procurement strategies, Ultimately, the decision will depend on the comp...

Losing a team member who was responsible for a critical task can certainly have an impact on the project timeline, but there are several steps that project managers can take to minimize the impact and...

For this question, I originally decided to go with one vendor. My thinking was that it would not be worth the time and money to acquire two vendors, especially when my chosen vendor was already such a...

Getting feedback from your team is an important part of improving as a project manager. With change orders, a PM can understand the impact of changes on the project scope, schedule, and budget. Additi...

One common challenge project managers face is managing scope creep. I find this occurs especially when a project is going well. If progress is going well and running ahead of schedule, a PM may be tem...

When it comes to having a successful project, I believe the stakeholders play a fairly large role. Stakeholders obviously have a vested interest in making sure the project is successful, either becaus...

Having to restart a project from the beginning is a worst case scenario for any PM, especially when it comes at the cost of missing a deadline. To avoid having to do this, a PM can employ some of the ...

As many have expressed before, this would depend on the specific needs of the project and the roles that need to be filled. In some cases, it may be more beneficial to hire employees with specialized ...

According to my knowledge, the benefits of ECO include improved product quality, reduced costs, and increased efficiency. The stages of the engineering change process typically involve six phases: Id...

While risk can never truly be eliminated with certain projects, minimizing the risks associated with deadlines and ensuring that a task is minimally affected by lateness is an important part of projec...

One situation in which a less than optimal initiation phase had adverse effects on the rest of a project was when the project team failed to clearly define the project scope and objectives, leading to...

As some have mentioned before, the answer to this question depends on the nature of the project and the environment in which it is being executed. In some cases, a rigid plan may be necessary to ensur...

This is a very interesting question; on the one hand, giving the PM too much say in the project plan can lead to bias and misdirection, and on the other hand, leaving PMs with no say in the process of...

The impact of changes to the project plan should be assessed by analyzing the potential risks and benefits of the proposed changes and communicating them to stakeholders through clear and concise docu...

While monitoring is important to ensure that the project stays on track, too much monitoring can be counterproductive and lead to micromanagement. Depending on the scale of the project, I think check-...