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Business Process Improvement: Steps & Methodologies

ProjectManager.com

Technology, labor, distribution and consumer demographics have all massively changed just in the last few years. As such, business processes need to be constantly evolving to adapt and bring satisfaction to the customer as efficiently as possible. Before we can improve the business process, we must first understand it.

Process 406
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Capital Budgeting: Definitions, Steps & Techniques

ProjectManager.com

Then we can go through the capital budgeting techniques and the steps to a capital budgeting process. Capital budgeting is a process by which investments in large-scale projects are analyzed, evaluated and prioritized. Whatever capital budgeting decisions one makes, project management software can help track those costs.

Budget 384
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Project Risk Management: How-to guide (with tips)

Rebel’s Guide to PM

Risk management is a staple skill of project managers. As the project environments we work in get more and more complex, with greater levels of uncertainty and more transformative, disruptive projects, being able to deal with risk remains top of the list of desirable skills for managers in all areas of business.

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Everything You Need to Know About Release Managers

Rebel’s Guide to PM

Do you have a release manager on the team? It wasn’t until I worked in IT as a project manager that I had a lot of contact with the release management process. In this article, I’ll explain what a release manager does and what skills you need to make a success of this role. What does a release manager do?

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Is Knowledge Area – Process Group Structure Dead?

The IIL Blog

By Nagaraja Gundappa October 23, 2024 Now that PMI is aligning PMBoK to value delivery and relegated the old Knowledge Area – Process group structure to a non-PMBoK document, the question that arises is – if this old structure is still relevant or dead? Quality: We had done due diligence in terms of checking the ratings before the journey.

Process 78
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The Partnership of Technology and People in Project Management

LiquidPlanner

Why the partnership of technology and people bring more than one benefit. As defined by Professor Leigh Thompson of the Kellogg School of Management, “a team is a group of people who are interdependent with respect to information, resources, knowledge and skills and who seek to combine their efforts to achieve a common goal.”

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Construction Engineering: A Quick Guide With Definitions, Roles and More

ProjectManager.com

Every process is important to construction project management, especially construction engineering. We’ll then explore the different roles related to construction engineering management. Construction engineering is the process of overseeing and managing a large-scale and complex construction project.