PRINCE2 is the acronym for ‘PRojects IN Controlled Environment’. This is a project management standard used extensively by the UK government. PRINCE2 training is based on structured methodology and is the registered mark of the ‘Office of Government Commerce’. PRINCE2 primarily focuses on...

Is project management an art or a science? How do I deal with problem employees? How can I improve employee morale and boost productivity? What skills can I develop that will ensure that my projects will run smoothly and to a successful finish. This essay tries to answer these questions, drawing...

It is not unusual for people to use sophisticated project management software tools such as Gantt and PERT charts to manage complex tasks. At the other end of task complexity, simpler, more straightforward projects will require a simpler approach and fewer steps to accomplish. The simpler project...

Six Sigma is not just a new term for Total Quality Management (TQM) . They have many similarities and are compatible in many business environments. TQM has brought great improvements and value to many companies. Six Sigma can do more. TQM is the development, deployment, and maintenance of systems related...

What is ITIL v2? ITIL® stands for the IT Infrastructure Library.  It emerged  during the 1980’s in the UK as a set of high level processes for providing consistent, low risk IT service management to an organisation.  The copyright is owned by the Office of Government Commerce [OGC (formerly known...

Project management is the most critical business skill and competency of today that forms the basic building block of knowledge based company for businesses and professions in oil and gas, petroleum, petrochemicals, chemicals, metal and mining, infrastructures, buildings, IT, Healthcare, Finance, Telecoms,...

Outsourcing in the Virtual World With outsourcing becoming the most preferred business strategy in recent times, several small and big businesses have reaped huge benefits in terms of costs, quality and speed. The outsourcers make a bee-line for cheaper countries like India which have abundant English...

If you want to be a bad product manager, confuse product management with project management. The words are so close because the two concepts are so similar. Product managers should manage projects since they need to ensure that the projects get done. They’re both management roles (right?) so the skills...

Introduction Effective tracking and management of projects is necessary to achieve your project goals. Microsoft Office Project 2007 provides enhanced tools to help you track and control project work, schedules, and finances. You can also integrate Project 2007 tools with Microsoft Office applications.Features...

Mergers and acquisitions and corporate restructuring are a big part of today’s corporate world. Nowadays, today’s media is reporting about many financial transactions in industries as automotive, housing, financial institutions, etc. requiring enterprises to merge or acquire each other to form a...