XX There are several pieces of information that are not clear or are not necessary to be available with clarity while we go through the project. We assume and progress. In most cases, it is done at the beginning of the project where we outline the basic assumptions and as we dive into the project we keep…
Value In project management, the term “value” refers to the benefits or results that a project gives to its stakeholders. It is the value that the people who have time, money, and resources invested in the project get back. Value can come in many shapes and sizes. It can be a financial benefit, like more sales or…
Value Stream Map Value Stream Mapp is a lean manufacturing and business management technique used to see, analyze, and improve the flow of materials, information, and value-adding activities that are needed to get a product or service to the customer. It is a type of process mapping that shows the whole process, from start to finish, in…
Verification Verification is the process of checking to see if the results of the work or deliverables meet the requirements and specifications laid out in the project plan. The process of checking is usually done by the project manager or members of the project team who are in charge of the work product or deliverable. Verification is…
Team Performance Domain of Project Management – PMBOK VII The Team Performance Domain is about the tasks and roles of the people who are in charge of making project deliverables that help businesses reach their goals. When this performance domain is carried out well, the following things happen: Ownership is split. A team that does well. All…
Are you curious about the PRINCE2 project management certification? This article will tell you everything you need to know about the certification, from what it is to how you can get it. What is PRINCE2? PRINCE2 is a project management certification that is globally recognized. The certification is divided into two levels: Foundation and Practitioner. The Foundation…
There are different models of software development life cycle (SDLC) and project management. Some organizations prefer one over the other, while some use a hybrid model that combines aspects of both. This article will discuss the hybrid model and how it can be beneficial for your organization. What is a Hybrid Model? A hybrid model of software…
The Waterfall model is one of the most popularly used software development life cycles. It is a sequential, linear process where each phase must be completed before moving on to the next phase. This article will provide an overview of the Waterfall model and its advantages and disadvantages. What is the Waterfall Model? The Waterfall Model is…
