Leadership is when someone guides and influences a group of people to work together toward a common goal. However, there is no universal process that fits every situation like a magic potion. Adaptation is key when it comes to leadership styles in projects, ensuring they align with the specific needs of the project, the surrounding […]
The precedence diagramming method (PDM) or Activity on Node (AON) is the most commonly used method for arranging the project work visually. Within the PDM technique, tasks are depicted as nodes, outlining their logical relationships or dependencies. This visual representation elucidates the sequential logic guiding the order in which activities are intended to be executed. […]
In the fast-paced and unpredictable world of business, staying ahead requires a keen understanding of the forces that shape our environment. As organizations strive to make informed decisions and minimize risks, three essential frameworks come to the forefront—PESTLE, TECOP, and VUCA Let’s delve into the intricacies of PESTLE’s political, economic, social, technological, legal, and environmental […]
The Project Management Body of Knowledge, Seventh Edition defines requirements as “a condition or capability that is required to be present in a product, service, or result to satisfy a business need.” Requirements are specific, measurable, and achievable conditions or features that a project or system must meet to fulfil its purpose and stakeholders’ needs […]
A control chart is a tool used to determine a process’s predictability, behaviour, and stability over time. It is ideal for repetitive processes with predictable results. It is a graphic display of a process over time. Control charts measure the performance of a process to ensure it is in control. When a process is in […]
A scatter diagram, also known as a scatter plot or scatter graph, is a graphical representation of data points in a two-dimensional coordinate system. It is used to visualize the relationship between two continuous variables, showing how they are distributed and whether there is any pattern or correlation between them. Each data point on the […]
In the context of Agile methodology, a story map or user story mapping is a visual representation of user stories or product features arranged in a hierarchical or chronological order. It helps agile teams to plan and prioritize their work by providing a high-level overview of the product’s functionality and user journeys. Think of it […]
The Kano Model is a technique for classifying customer requirements or features into five categories: Must-Have, One-Dimensional, Attractive, Indifferent, and Dysfunctional. Functional answers are features that customers expect and appreciate when present, leading to satisfaction when fulfilled. These features meet basic requirements and contribute to the overall functionality and performance of the product. Dysfunctional answers, […]
Risk mitigation strategies are measures and actions taken to minimize the potential impact and likelihood of risks. These strategies are designed to reduce vulnerabilities, prevent risks from occurring, or mitigate their consequences if they do occur. Five risk mitigation strategies with examples Negative Risk/Threat Positive Risk/ Opportunities Escalate Escalate Avoid Exploit Transfer Share Mitigate Enhance […]
