Tag: Cost benefit analysis
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• 7 MIN READ
One of the things agile project managers struggle the most with is an accurate agile estimation. How are PMs identify the time and effort required to accomplish a task in the backlog? How can one be sure that their plan will work in the long run? When things get tough for PMs, they turn to […]
• 7 MIN READ
Selecting the right project is the first step in effective project management. It should be based on the team’s competence, skills, and capacity. Thus, project selection methods offer the right techniques to filter the best projects out of the pipeline. This concept is widely accepted and bears great importance in the world of project management. […]
• 7 MIN READ
Lean project management is the best way to convey more value and revenue to your business. Every business is making money to stay in business itself – the need and urgency for profitability will always be there. However, reaching there is the tricky part. What does it mean to deliver value to your business? It […]
• 7 MIN READ
Big surprises in the budget are never something we are all fond of. It just puts the whole project off track and demotivates the team, too, more like reverse gear. Thus, cost estimation in project management is essential for predicting the project’s scope. The big difference of a project with and without cost estimation is […]
• 7 MIN READ
When you consider a successful project, not only do you look at the product that was delivered but you also want to consider the budget as well as ensure that your project is completed within schedule. One way to be able to ensure that planning and tracking of your project are done with ease so […]
• 7 MIN READ
Project management involves making a lot of decisions and these decisions cannot always be easy. This is especially true when those decisions could potentially be critical to the success of your project overall. These decisions, therefore, are not taken lightly. But what is a good way to be able to make such decisions and feel […]