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Role of a Project Manager
A project manager is someone who the person responsible at the company has assigned the task of leading a team of people with a view to achieving certain objectives. They are the person with complete responsibility over the planning and execution of any...
The Monte Carlo Method in Project Management
The variation in parameters of cost and risk in project management are obtained by Monte Carlo methods
Do you know how the project will end?
You will have often asked or been asked this question. The answer is frequently correct but not much use: “We’re at 72%”. “So far, so good”. “We’ve used half the budget”. “I don’t think we’ll finish on schedule”. All these answers respond to the question...
Higher learning and management, a corporate mission
If intelligence is accustomed to discussing and asking questions and power is averse to discussing in favor of commanding, a contradiction arises and should be examined. It seems that power must be the enemy of both intelligence and education....
Controlling employee hours, the five keys you need!
A company is based on two main cornerstones: productivity and efficiency. Employees who perform poorly affect the results and costs of the whole company. Hence, controlling performance and the hours of the employees they are responsible for should be a priority for any project manager.
Manage your projects time, it is money!
There are two main control variables available to the Project Manager during the course of a project: hours and progress. These two variables enable us to apply Earned Value Management principles and thus gain insight into project performance at any time.
Project risk management fundamentals
Risk can be defined as an uncertain event or condition that, if it occurs, has a negative effect on a project’s objectives. Proper risk management can make our project avoid, or at least minimise, the negative impact of these problems. Risk management is one of the knowledge areas that Project Managers need to manage efficiently.
The 80/20 Rule: focus your own effort and that of your team
The 80/20 Rule states that in our daily lives we're spending a lot of time on things that actually add little value. Here we discuss in detail how that relates to project management .
Project Stakeholders
A stakeholder is an individual, group or organization that is related to the project in some way. Stakeholders may affect, be affected or perceive themselves as affected by a project decision, result or activity. It is not always easy to...
Project Management Processes
Project management requires the application of considerable knowledge, skills, techniques and tools. Running a project is quite a complicated task and the right balance between numerous tasks, departments and processes must be maintained in...
Project Life Cycle
ITM Platform´s articles related to a project´s life cycle within project management.
Advice on organizing a schedule!
Without organization, it is impossible to meet the deadlines of a project. We live in a competitive society in which victory is only achieved by those business organizations capable of developing projects that are delivered on time and organized perfectly....