Schedule Variance and Cost Variance are two essential parameters in earned value management; helps you to analyze the project’s progress, i.e., how are you performing regarding schedule and cost. Schedule Variance helps to determine if you are behind or ahead…   Read more»

I think the answer to this question depends on the nature of the project itself. For instance, while engineers are important for the building part and setting of the project, limitations on what can and cannot be done, when it…   Read more»

With every project, the importance of the monitoring and controlling process is highly stressed to review the progress and make changes in it to eliminate chances of future setbacks and to increase the workflow. This process involves tracking the actual…   Read more»

Although time is an important factor in any project because extending a project not only makes it more expensive but could also lead to a competitor putting out a similar product before you could, product quality should be more important…   Read more»

The Project Planning Phase is the second phase in the project life cycle. It involves creating of a set of plans to help guide team members through the execution and closure phases of the project. The plans created during this…   Read more»

There are various risk comes associated with project management. Although, project risk the most understood one, product risk also play a tremendous impact in the feasibility of the project. Project risk involve such things as going over-budget, missing key milestones…   Read more»

A successful project manager lays out the communication requirements and how information is shared through the team before the start of a project. However, despite the effort of the project manager to enhance communication among the team members, there are…   Read more»

There are a wide range of challenges that project mangers face. The most prevailing one is plausibly coordinating conflict and communication between its team members ( without become part of the conflict themselves). Another problems lies in their ability to…   Read more»

Logging work is essential for the progress of the project as it provides a mean to analyze the feasibility of the project within a timeframe. For my capstone project, my team opted to log every single details of the project….   Read more»

Yes, I strongly believed that verification can takes place at any time in a project and most importantly during the execution phase. I think even after the project completion, verification should still be conducted, if even if the changes might…   Read more»

Although I strongly believe that good communication is key to the success of any project. I think, a clarity in the planning phase of any project plays a tremendous role in the overall success of the project. Having the team,…   Read more»

Design transfer involves transferring an approved design into production, which itself requires a far-reaching set of procedures to arrange numerous tasks at the same time. Experience, professional techniques, and careful survey are the keys to a successful change. I think…   Read more»

I don’t quite see the difficulty in designing a timeline, more than I see the difficulty in executing that timeline. I should be important to identify tasks that are most likely going to be either/or time consuming and complex to…   Read more»

The goal of schedule variance is to determine whether a team is behind or ahead of schedule, while cost variance ensures whether or not the team is under budget or over budget. These variances provide essential data about the project’s…   Read more»

I think one of the major mistake in management is to assume full availability of the all the team members. I think management, should include a board with all the team members availability and expected absences. And according to those…   Read more»

As Dr.Simon mentioned, if you failed to plan so you planning to fail. Planning phase is the most important phase of a project as every other phase of a project is dependent upon by this phase. Planning involves a lot…   Read more»

The QA and QC both are embedded in Quality Management system. While QA focuses on defect prevention, QC deals with identification of those defects before hand.

I think the team should hire a new person to do her job only if the other team members seem inadequate at covering her work with the same level of efficacy and timeframe as she would have done. Although hiring…   Read more»

I believe that of a small organization is looking for outsourcing, then it should go for smaller vendors to cut down on the cost and to maintain flexibility rather than going for larger players as they may not provide that…   Read more»

I believe an importance aspect of a fruitful work environment is genuine enthusiasm.I think a project manager should always display the greatest enthusiasm possibly specially when dealing a failing aspect of the project.The level of motivation that he or she…   Read more»