Project Management

The document control function has the responsibility to manage document flow and storage in an organization through various functions and processes. These include maintaining files and using...

Rental homes provide convenient options for several housing market segments. These groups include recently transferred employees, homeowners between their recently sold homes and not-quite-ready...

A new project approaches. It is now up to you to tell all involved how it will unfold in the form of a planning report. A plan is only the beginning, but it should create a backbone for every step...

Stockholders equity defines "the book value of the company," or what it would have if it immediately went out of business, according to Investopedia.com, a website maintained by Forbes....

While all projects share similar characteristics, technology projects have their own unique challenges that should be identified early in a project. When those factors unique to technology...

Staffing agencies face unique issues when selecting and designing a contact management system. Unlike other companies, many entries in their contact database are also business resources which can...

Construction projects are potentially lucrative endeavors that can take a long time and require extensive teamwork and cooperation. When starting a construction project, it is often necessary to...

A project management plan has to be implemented correctly if you want the project to succeed. Nine areas comprise the scope of the project, according to the Project Management Institute. They are...

Everyday we communicate and try to say properly send a message to the individuals we work with, although sometime ours words are lost in translation. In this article as a PM I have steps for how...

Working with a team is a fundamental life skill. Whether you're developing a project at your job, playing baseball in a local league, enjoying an online game or coordinating your family in a...

Least squares regression is a statistical-analysis technique used to predict the value of a dependent variable "y" from a known value of an independent variable "x." The mathematics involved focus...

To document a project plan you must identify the milestones from the beginning to the end of the project. The number of milestones in a project varies depending on the answers to who, what, where...

You can and should separate mail for domestic and international mailings in order to ensure that your mail will reach its destination in the least amount of time at the lowest cost. By separating...

A project plan is a document used by project managers to define goals, strategies, actions, resources and tasks for a specific project. It is completed after the planning process has defined the...

Writing a good and thorough project management technical report may be easy for someone who knows what they are doing, but for someone who is new to it, it may seem somewhat daunting. There are a...

When projects have positive and negative cash flows after the initial investment, the modified IRR (MIRR) method should be used. Using the internal rate of return (IRR) on such projects will...

Government entities rely on work from private firms all the time. When doing so, the project committee knows exactly what it expects from contractors. It sends out a proposal bid invitation or...

A business brief serves different purposes depending on context. It is generally defined as a document that presents reasons why a certain strategy or model will lead to success in a given...

Ceramic tile jobs, like all construction jobs, begin with a bid. A homeowner, business owner or other project representative calls several contractors to invite them to bid. It may seem obvious...

An effective customer-relationship management system can potentially increase profit margins and improve client satisfaction. However, deploying a new CRM environment is typically a complicated...

The internal rate of return (IRR) method is used to assess projects for capital budgeting decisions. While the general technique in obtaining the IRR does not vary, how the IRR value obtained...

The internal rate of return (IRR) method finds the internal rate of return of a project without using a discount rate or other external information. This article demonstrates how to use the...

Project management is a difficult field, but it is made easier by the myriad tools available to help plan and coordinate complex projects that require many steps and involve many people. A PERT...

Co-branded credit cards have become very popular recently. These cards usually carry the logo of a credit card company like Mastercard or Visa, as well as the logo of a retailer, airline, oil...

Whether it is creating a new system, implementing a new methodology or developing a new process, we often find dependencies that can slow down a project. They may lengthen the critical path,...

Searching for registered business names serves many purposes. You may be interested in going in business for yourself and want to make sure your business name is not taken. This can save you time...

Good communication in any type of business promotes employee relations and customer relations. Clear directives concerning company goals, business offerings and methods of running the business...

If you are in need of land line phone service for your personal or business use, evaluating a telephone company can be the determining factor of how much money you pay each month. Deregulation has...

The profitability index (PI) is a method used to evaluate options in capital budgeting. The formula to find the profitability index (PI) of an investment project is: profitability index (PI) =...

The IRR method is the internal rate of return method. The internal rate of return (IRR) method is appropriately named. It finds the internal rate of return of a project without the need of a...

The AAR method is the average accounting return method. This method is used to make capital budgeting decisions about investments and projects to undertake. The average accounting return method...

Microsoft Excel is a powerful and flexible spreadsheet program that can be utilized for a wide range of business applications. Production planning methods are designed to ensure that production...

Capital budgeting decisions are the decisions a company makes in regards to which investments and projects it should undertake. The discounted payback period method is one way in which company...

When a company is considering an investment or project, the company needs to be able to determine if the investment or project should be undertaken. These decisions are known as capital budgeting...

Even the most tightly managed projects face some risk. While there is no way to completely eliminate risk, following a five-part process will reduce the effects. Not all risks are necessarily...

Commercial painting generally commands lower prices than private residential painting. If you are a speedy and meticulous painter, however, commercial contracts can lead to ongoing steady work. It...

When we think of belts, we usually think of a strap buckled around the waist. But in six sigma terms, it defines an expertise level, with each "belt level" assigned a color. The colors, similar to...

An international conference may or may not be "international" in nature. For instance, an international conference may be an annual conference for an association or company that is being planned...

Stakeholders are anyone who has an interest, or stake, in the outcome of a project; bosses, co-workers, customers, spouses and family, and the community. Stakeholder maps are a way to show who the...

In this tutorial we will discuss some key points that you should consider when choosing a warehouse divider curtain

Proper minutes can make the difference between a productive meeting and a waste of time. Well-worded, concise minutes that detail what each person in the meeting agreed to accomplish are a great...

Patents are granted by the federal government to provide protection for inventions. After receiving a patent, the government recognizes the invention as the person's property for up to 20 years....

The Project Management Professional, or PMP, certification is offered by the Project Management Institute (PMI). There are several prerequisites to sit for the PMP exam. One of the main...