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SigmaWay Blog

SigmaWay Blog tries to aggregate original and third party content for the site users. It caters to articles on Process Improvement, Lean Six Sigma, Analytics, Market Intelligence, Training ,IT Services and industries which SigmaWay caters to

Organization must take on innovation and complexity or else

To cultivate innovation, it is important to think relationally in a collective manner across the business unit in a broad view. The prevalent characteristic for any project is mainly dependent on the type of project or specification of running project, said Fadi Samara, PMP, of C4 Advanced Solutions. Also the people factor is a matter of huge concern when working on a project with multicultural teams. Self-inflicted complexity should be avoided to do the thing in a simple manner. Micromanaging, focusing on narrow projects, unnecessary layers of management, confound accountability and lack of proper communication can make the project even more complex. Mr. Samara also said "People underestimate complex projects due to lack of experience". So, experience plays a vital role to make a project successful. Also to deal with project complexity, leadership is the most important skill for a project manager. More than 80 percent of respondents to the PMI Pulse of the Profession® survey ranked leadership as the most crucial one. Please go through the link for more details: http://blogs.pmi.org/blog/voices_on_project_management/2014/05/orgs-must-take-on-innovation-a.html

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Why project managers should coach

There is always an opportunity for a project manager to coach team members, as the project is a full-time work. For a project management, planning is very essential for effective coaching sessions. It is important to decide whether the session will be directive or non-directive, and also in which area the team members are to be coached. Coaching can deliver a very successful project when, newly formed team or inexperienced team were properly coached and guided by the manager. It is not a replacement of formal training; it is a re-enforcement approach which will be very affective after formal training. Please go through the link for more details: http://www.projectsmart.co.uk/why-project-managers-should-coach-2.php

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Meeting management

Arranging a meeting involves a lot of strategy, planning and tactics. A good meeting is short, effective and a good experience for everyone. To arrange a successful meeting, agenda of the meeting must be very clear to all members. Discussions should be to the point, useful and brief. Please go through the link for more details: http://www.pmhut.com/meeting-management

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Designing a meaningful research project

A research is meaningful only if the students get to learn something from a project and maximizes their knowledge while working on a project. Preparing questionnaire and determining sample size for conducting a survey is very crucial. Post- survey, preparation of report and giving recommendations are also very important. For companies this is a profitable situation as they get free advice with no costs involved.

To know more kindly refer to the below mentioned link: http://www.drharoldkerzner.com/designing-a-meaningful-research-project/

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Decision making models in project management

Inability to take decisions is one of the principal reasons for the failure of any project. Good project managers need to have proper understanding of various effective tools to manage triple constraints of any project i.e. time, cost and scope. In this article tools like SWOT Analysis, Maslow's Pyramid, Pareto Principle, Monte Carlo Simulation and Decision Tree Analysis are discussed. In the field of project management, these are regarded as highly effective tools for decision making. Please go through the link for more details: http://www.projecttimes.com/articles/decision-making-models-in-project-management.html

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Tips to help make changes happen

The normal reaction towards any kind of change is always negative. To change such a scenario one must be very careful. Firstly we must explain the reason as to why the change is imminent and things which are associated with it. Secondly providing adequate support helps to accept the changes more easily and smoothly. Thus proper measures and support can help to make changes happen.  Please go through the link for more details: http://www.pmhut.com/5-tips-to-help-make-changes-happen

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Common misconceptions in project management

Moustafa Alzuabi (IT Manager at the Islamic Corporation for the Development of the Private Sector and a certified project management professional), talks about some of the common misconceptions in project management. The focus of the article is mainly on uniqueness of results, project constrains, project plan and project schedule. For more details please follow this link: http://www.saudigazette.com.sa/index.cfm?method=home.regcon&contentid=20140428203280

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Basics of project management

To complete a project successfully a project leader must have the details and nitty-gritty’s of the project i.e. the constraints, requirements, demands clear in his or her mind. Documentation of the details is very important for any project and so is the ability to utilize and make the most of the team members for successful completion of the project within the stipulated time. To know more about the basics of project management, please visit Olga Sa's article at: http://www.pmhut.com/10-basics-of-project-management

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Ways to build on the strengths of your team members

According to a research done by Gallup Organization's State of the American Workplace, it was found that tapping the strengths of team members can create wonders and if utilized properly and efficiently can provide highly productive results. They also found that when employees become aware of their strengths, they become 7.8% more productive. Team members should be allocated jobs based on their area of expertise which will not only be beneficial for the company but also for employees and this will give them more job satisfaction and hence will bring better results. To know about how to build the strengths of your employees, please visit Tim Clark (partner and senior analyst with The FactPoint Group, a market research and consulting firm)'s article link at: http://www.pmhut.com/11-ways-to-build-on-the-strengths-of-your-team-members

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Is a project complete without benefits realization?

A project is not complete until it starts delivering benefits or profits to the owner of the project.
Following best techniques and using best resources while development of the project is of no use unless and until the project starts giving returns.
To know more kindly refer to the below mentioned link:-
 http://www.pmhut.com/is-a-project-complete-without-benefits-realization

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Can project management lead us out of recession?

Project management provides a strict framework to achieve business goals. As economic conditions are improving day by day, responsibility of project managers are also increasing to deliver projects efficiently. It is important to allocate resources properly by providing structural framework in such a way that ensures the investment in a positive direction of a growing economy with anticipated benefits. Hence, it is important for project managers to estimate and invest wisely in projects to ensure a long-term future. Please go through the link for more details: http://www.projecttimes.com/articles/can-project-management-lead-us-out-of-recession.html

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Measuring project success using business KPI's

Delivering business value requires proper understanding of the business various drivers. Driver can be a problem or opportunity which is associated with the project and relates the key variable to address the problem. Prioritization and listing of key indicators are very essential at the beginning of the project for proper decision making. The article mainly talks about few key performance indicators and also contains a list of 75 KPIs that every manager needs to know developed by Bernard Marr, a well-known performance management expert. Please go through the link for more details: http://www.projecttimes.com/articles/measuring-project-success-using-business-kpis.html

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How to develop project management skills

Skills required for project management cannot be achieved overnight. It comes automatically with experience and practice. As we handle more projects, our skills get enhanced and we work more efficiently and smoothly. To read more about this aspect, visit Sabrina Hanapiah's article link: http://www.aits.org/Articles/tabid/1450/ArticleId/10330/How-to-Develop-Project-Management-Skills.aspx/uid/10535

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Project managers need to stand up and be counted

There are many cases of project failures where managers are actually blamed. The reason behind such failures is lack of communication between clients and project managers. To make a project successful, we need to understand specific needs of the clients and address the technical glitches. To know more kindly refer to the below mentioned link: http://blog.parallelprojecttraining.com/project-management-articles/project-managers-need-stand-counted/

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Hot project management trends for 2014

In the second quarter of 2014, we are going to see shift of communication tool from e-mail to audio-visual, scope of mistakes will minimize and use of cloud computing are likely to increase. Moreover, there is going to be a sharp rise in demand for Agile Projects.

To know more about the new trends, kindly refer to the below mentioned link: -  http://www.sooperarticles.com/business-articles/project-management-articles/5-hot-project-management-trends-2014-1321635.html

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Project schedules and decision trees

Decision trees can be generated based on project schedules. This article shows how to use decision tree analysis in project management as part of quantitative risk and decision analysis.

Please go through the link for more details: http://www.intaver.com/Articles/Article_DecisionTree.pdf

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6S’s for Success

To attain success in a project we must follow few simple steps (which are also termed as basic steps). Keeping things simple, accepting changes, dividing the work into small steps and being time specific are few of them. To know about 6S for success, please visit Cécile Bérubé’s article link at: To know more kindly refer to the below mentioned link:http://www.pmhut.com/6s-for-success

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Basics of project management

To complete a project successfully, a project leader must have the details and nitty-gritty’s of the project i.e. the constraints, requirements and demands clear in his or her mind. Documentation is very important for any project and so is the ability to utilize most of the team members for successful completion of the project within the stipulated time. To know more about the basics of project management, kindly refer to the below mentioned link:

http://www.pmhut.com/10-basics-of-project-management

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