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A gap analysis is a strategy used to assist the organization in the achievement of goals. Gap analysis template excel is a preformatted tool ready to use for any type of business. By definition, a gap analysis is a method of comparing the current performance state of the business with the ideal state or goals. […]
Risk management is one of the core processes in project management. One can’t be sure about the success of the project unless an effective risk management approach is adopted for the project. Risks are classified as the potential possibilities of events that may hurt the project deliverable in any means.A risk may directly or indirectly […]
Stakeholder analysis is a technique vital to winning people and is crucial for the planning and execution of a project. Stakeholders are important in business and mega projects. This stakeholder analysis template lets you decide the real stakeholders, their impact, and their role in working. Stakeholder Analysis The benefit of stakeholder analysis to any organization includes gathering […]
In project management, as the domain is spread over so many tasks keeping track of roles and responsibilities becomes a challenge for the project team. Here comes the role of the RACI Chart Template Excel. It is a responsibility assignment matrix used by the project for the assignment of roles and responsibilities for the completion […]
A SWOT analysis stands for strengths, weaknesses, opportunities, and threats is an analysis technique used for the determination and definition of business or project strengths, weaknesses, opportunities, and threats. Everyone has come across the term “SWOT Analysis” in the corporate sector. SWOT analysis is a technique used to evaluate the feasibility and viability of a […]
Earned value management is a systematic comparative process. It utilizes the project plan to compare the planned value with the actual values. Therefore, it’s a kind of key project performance indicator KPI. The focus areas of the earned value management system are cost and schedule control of the project. It utilizes the project baseline parameters […]
In project management, the process of estimation, allocation, and control of the costs of the project is known as a cost management plan. For effective management of the project costs, Cost Management Plan Template is used by project managers. In the estimation phase, the prediction of costs is developed for each activity of the project […]
It’s important to use the right approach for data analysis and this is vital for project success. Product Metrics Dashboard Excel Template helps managers in managing redundant tasks and free templates are also available for the purpose. Additionally, “time equals money” and this especially true for managing the complex types of projects (i.e. new types). Effective […]
Every product pass-through different manufacturing cycles before getting in the hands of consumers. All the processes involved in the manufacturing of products from raw material to the finished product including logistics and sales concerns are management by supply chain management. Products move in the vertically integrated chain of manufacturing lines to add value to a […]
Root cause analysis (RCA) is a structured approach towards identification of “root causes” of problems and potential issues. It can be used as a proactive or reactive approach. It digs down to the rock bottom of an issue by getting step by step leads of links between each possible cause. It uses many other critical […]
