Project Management
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How Is the Delphi Technique Used in Project Management?
It’s no secret that project management requires decision-making, planning, and shared understanding amongst stakeholders, but sometimes that’s easier said than done. When it comes to reaching a consensus during a project, it can feel impossible. But what if there was a technique you could use to help solve the impossible? That’s where the Delphi Technique comes in.
A Quick Guide to The Linear Scheduling Method
A linear schedule is a project management tool used to present a schedule in two dimensions, such as time and distance. This is normally used for projects with linear construction properties or repetitive tasks, such as the construction of roads, bridges, and railways. In this article, we will explain what the linear scheduling method is, how
Risk vs Issue: Everything You Need to Know
Whether you realize it or not, we make risk vs. issue calculations all day long. Let’s consider one issue: You’re running late for work. Why not drive through that red light? Well, because of the risk: Getting pulled over by police, or worse, putting peoples’ lives in danger. So, you wait out the red light. That’s an
Inventory Management: Definition, Benefits, and Techniques
Businesses that effectively use inventory management are destined to succeed. With the help of inventory management software, companies can automate the process of ordering, storing, and optimizing their goods in a single place. In this article, we will expand on the importance of inventory management, as well as the different inventory management techniques, benefits, and examples
How to Conduct Pareto Analysis Using Pareto Charts
The 80/20 rule, also known as the Pareto Principle, states that 80% of the benefit can be achieved by 20% of the work. The Pareto analysis uses this concept to identify which parts of a project can be done efficiently and which can be avoided. It can be used to decide which problems should be
21 Unique PMO Use Cases Prove Wrike's Versatility
PMOs have a tough job as they have to play both the roles of quarterback and air traffic controller in determining project priority, when work can begin, where to allocate resources, and reporting on the team and department’s work. They are the go-to person to ensure project charters capture all requirements and impacts to the
RICE Scoring & Framework Explained
In this article, we’ll define the RICE model and what it stands for. We’ll also explain how RICE scores work, plus the benefits and challenges of using this framework. Keep reading to discover how to strategically apply this method to project management. What is the RICE model? RICE stands for reach, impact, confidence, and effort. The RICE
The Ultimate Guide to Multi-Project Management
The more companies grow, the more projects they have in progress at the same time. Managing workloads, keeping track of deadlines, and knowing what to prioritize can become complicated, which is why multi-project management is so vital. In this guide, we’ll outline how leaders use multi-project management to coordinate multiple projects, tasks, workers, and time.
What is Quality Assurance (QA) in Project Management?
Quality assurance (QA) is one of the final and most important steps of any product roadmap. Used in a variety of industries, including software development and construction, quality assurance verifies that a product or service is of the highest quality, which is an integral process for any company. In this article, we’ll explain the basic
