Business Management

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Daily Commitments for Managers

The energy, performance and output of your area of responsibility and the people in it starts with you. So remember these tips, and go forth to energise, enthuse – and inspire! And the profits will come [more…]

Management For Dummies Cheat Sheet (UK Edition)

Good management is vital to the success of every business but being a good manager isn′t always easy. This Cheat Sheet gives you some of the most important things to remember as you go about your daily [more…]

Project Management: How to Determine Project Needs

As a project manager you should have a full understanding of your project’s needs. The needs that your project addresses may not always be obvious. Suppose, for example, that your organization decides [more…]

Performing a Cost-Benefit Analysis

Whether you know it as a cost-benefit analysis or a benefit-cost analysis, performing one is critical to any project. When you perform a cost-benefit analysis, you make a comparative assessment of all [more…]

What Your Project Plan Should Cover

When you know the goal of your project and you believe it’s possible, you need a detailed project plan that describes how you and your team will make it happen. Include the following in your project-management [more…]

How to Plan Project Execution

After you’ve developed your project-management plan and set your appropriate project baselines, it’s time to get to work and start executing your project plan. This is often the phase when management gets [more…]

Assessing Your Project-Management Skills

An effective project manager has specific skills and talents. Before you begin a project, take this quick self-evaluation to determine your project-management strengths and weaknesses. By answering the [more…]

Project Management: How to State Your Project’s Objectives

Managing a project calls for clear objectives. After all, a project’s outcomes may be the products or services you develop or the results of using these products and services. The more clearly you define [more…]

How to Define Where Your Project Starts and Stops

Sometimes the project you're managing stands alone, but, more often, it’s one part of related efforts to achieve a common result. Manage the project by clearly defining the beginning and end to help you [more…]

Project Management: How to Clarify Project Goals

As a project manager, nail down goals before you start planning project-execution details. In your quest to find out what your project is supposed to accomplish and how it fits into your organization’s [more…]

Project Management: How to Define Project Constraints

Project limitations may influence how you manage your project and may even determine whether or not you (and your project’s drivers and supporters) decide to proceed with your project. Project limitations [more…]

How to Develop a Work Breakdown Structure by Brainstorming

How you develop you’re work breakdown schedule (WBS) for a project you're managing depends on how familiar you and your team are with your project, whether similar projects have been successfully performed [more…]

How to Develop a Project Audience List

As a project manager, consider your project audience list to be a living document. You need to start developing your list as soon as you begin thinking about your project. Write down any names that occur [more…]

When to Involve Your Project Audience

As a project manager you have to decide when it's appropriate to involve the audience you defined in your project list. Keeping the project audience involved is important and can contribute to your project’s [more…]

Maximizing Audience Involvement in Your Project

The project you're managing will benefit if you keep the audience (whether they're groups or individuals) involved through meetings and written communication. To maximize your audiences’ involvement and [more…]

How to Check Your Project Audience's Authority

When you involve an audience in the project you are managing, mistaking a person's level of authority can lead to frustration, as well as wasted time and money. Confirm that the people you've identified [more…]

Four Key Questions to Ask About Organizational Detail

Determining how much detail you need in a work breakdown structure (WBS) isn’t a trivial task. As the project manager, you want to describe your work in sufficient detail to support accurate planning and [more…]

How to Plan a Long-Term Project

Planning and managing a long-term project presents special challenges. Often the work you perform a year or more in the future depends on the results of the work you do between now and then. Even if you [more…]

How to Determine Precedence in Your Project’s Network Diagram

To draw your project’s network diagram, you first have to decide the order of your project’s activities and that means setting precedence. Although some tasks have to be performed in a specific order, [more…]

How to Develop Your Project’s Schedule

Project management involves creating and maintaining your project’s schedule. Developing a project schedule requires the combination of activities, resources, and activity-performance sequences that gives [more…]

Project Management: How to Estimate Activity Duration

Part of creating a project plan for any project you manage involves estimating how long each activity will take to complete. A duration estimate is your best sense of how long you need to actually perform [more…]

How to Improve Activity Duration Estimates when Managing Projects

To manage a project and keep it on track, you need to produce accurate activity duration estimates during the planning process. In addition to ensuring accurate and complete data, do the following to improve [more…]

How to Improve Your Work Breakdown Structure

Project managers should strive to constantly improve a project's work breakdown structure (WBS). You increase the chances of your project’s success when your WBS is accurate and complete and when people [more…]

Identifying Unknowns when Planning Project Details

Using a work breakdown structure (WBS) helps project managers identify unknowns that may cause problems as the project progresses. Dealing with unknowns cost time and money, so identifying and anticipating [more…]

Develop Project Schedules by Analyzing Network Diagrams

Project managers develop project schedules by analyzing network diagrams — a skill that may seem overwhelming at first. Knowing how to analyze network diagrams requires a little patience and understanding [more…]

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