Epicflow

MAY 12, 2022

What do you need to know to allocate resources efficiently in a multi-project environment and utilize them to the full? Let’s figure it out in the article. . Resource Allocation in Project Management: Definition and Importance. What are the benefits of efficient resource allocation? Office politics.

Efficiency 52

Efficiency Resources Tools Management 52

Epicflow

AUGUST 3, 2022

As companies develop and grow, and the number of projects they deliver increases, business leaders are seeking ways to ensure more efficient coordination of all their initiatives. Does every company need a project management office? In this article, we’ll focus on the overview of a project management office only. .

Management 98

Management Methodologies Resources Efficiency 98

Tom Spencer

APRIL 7, 2023

This article will explore some of the most notable examples of AI in consulting, including its use in market research, strategy development, and operational optimisation. This can help managers identify which machines are underperforming and take steps to improve efficiency.

Examples 88

Examples Consulting Management Tools 88

Johanna Rothman

MARCH 21, 2024

I started this series by discussing why managers didn't perceive the value of agile coaches and Scrum Masters in Part 1, resulting in layoffs.) We can't get something for nothing, and agility requires that managers change the culture. When managers do not change the culture, they cannot reap all the benefits of agility.

Agile 95

Agile Management Metrics Culture 95

David A Fields

AUGUST 17, 2021

They help you master vital tasks and perform them more efficiently and effectively. That’s why there are extensive personal systems and business systems, such as comprehensive methods for project management, turnkey packages for managing HR administration and, most importantly, a system for … Continued.

System 397

System Sales Consulting Efficiency 397

Markovitz Consulting

NOVEMBER 19, 2019

In the space of two weeks, the New York Times and the Wall Street Journal both ran articles on the productivity benefits of reduced work hours. Indeed, a recent survey by the Society of Human Resource Management indicates that fifteen percent of companies offer a 32-hour workweek.

Time Management 145

Time Management Balance Sheet Management Software 145

Epicflow

AUGUST 11, 2022

It may seem the outcomes of effective change management are obvious – if positive transformations have happened, the process was effective. . However, the present-day ever-evolving business environment demonstrates that change management is rather a journey than a destination. Change management performance .

Metrics 52

Metrics Change Management Management Efficiency 52

Tom Spencer

MAY 24, 2024

In this article, we will explore six (6) tips for businesses to successfully navigate economic challenges. Adopt Conservative Financial Management Maintaining the financial health of a business is paramount if one hopes to thrive during periods of economic challenge.

Strategy 88

Strategy Strategy Strategy& Cash Flow 88

Epicflow

FEBRUARY 15, 2024

The solution lies in intelligent project and resource management. Read the article to gain insight into the specifics of manufacturing project management and learn useful recommendations on the effective orchestration of projects in the industry. Effective risk management. More efficient utilization of resources.

Management 52

Management Strategy Strategy Strategy& 52

Johanna Rothman

JANUARY 6, 2023

Several people on social media have denigrated the terms “project manager” and “program manager.” ” These people claim there is no need for either role in an effective team, especially an agile team because the team can manage its own deliverables. See the article Unearthing Your Project's Delays.

Management 108

Management Agile How To Productivity 108

Harvard Business

OCTOBER 27, 2023

There are unprecedented opportunities at the intersection of AI, project management, and sustainability. It is essential for project managers to learn to implement “green algorithms,” specialized AI constructs designed to both enhance operational efficiency and prioritize sustainability.

Management 68

Management Construction Efficiency Operations 68

Epicflow

JUNE 10, 2022

So, the importance of risk management cannot be overestimated – it’s better to stay ahead of all possible threats to your project. . What are the most typical risks associated with aerospace engineering projects, and how to manage them effectively? Let’s figure it out in the article. . Project management risks.

Engineering 98

Engineering Management How To Risk Analysis 98

Johanna Rothman

AUGUST 4, 2020

I told the story of Cliff, a manager who wanted to understand why the projects were so late. I gave several talks about that article. ” I said, “Managers might spend as little as a quarter and as much as a year or two. .” Teams can manage their delays if they measure their cycle time.

Management 101

Management Agile Meeting ROI 101

Johanna Rothman

DECEMBER 6, 2023

Flow Efficiency In How Centralization Decisions Create Friction, Increase Cycle Time, and Cost Money, Part 1, I discussed how removing support staff for departments and managers created longer cycle times. Now, it's time for Economies of Scale and how that ties into resource efficiency thinking. See the Wikipedia article.

Metrics 62

Metrics How To Efficiency Resources 62

Tom Spencer

SEPTEMBER 3, 2022

In this article, we will look at some of the ways the consulting industry has changed due to the pandemic. The main objective for each project is value-add for the client, and technology can improve both the effectiveness of the solutions offered as well as the efficiency with which those solutions are created. Technology.

Consulting 88

Consulting Management Agile Industry 88

Harvard Business

MARCH 29, 2024

Because of AI’s ability to learn from vast amounts of data and maximize efficiency, companies have predicted that humans working with it will be able to free up their time and expand their creative efforts, thereby driving greater innovation.

Research 62

Research Management Tools Efficiency 62

Epicflow

MAY 12, 2023

According to a recent report by Wellingltone, 82% of business organizations have a project management office. And that’s no wonder – an effectively working PMO can streamline a company’s project management processes, improve their outcomes, optimize costs, and facilitate achieving an organization’s business objectives.

Management 59

Management Resources Efficiency Report 59

Tom Spencer

OCTOBER 13, 2023

In the previous article , we looked at how banks make money and how they must meet capital requirements. In this article, we will explore the importance of profitability ratios and valuation metrics that are crucial when analyzing banks. A higher ROE indicates better profitability and efficiency in utilizing shareholder capital.

Metrics 88

Metrics Banking Balance Sheet Efficiency 88

Epicflow

JULY 27, 2022

In a complex multi-project environment with a shared resource pool, there are even more reasons for team members to work as efficiently as possible – otherwise it will be impossible to ensure a seamless and fruitful workflow and successful project delivery. . Let’s figure it out in the article. . Employees’ workload.

Resources 59

Resources Productivity Management Efficiency 59

Epicflow

APRIL 24, 2023

In this article, we’ll focus on resource optimization in that context. Let’s review the factors that prevent such companies from efficient resource utilization. Under such conditions, efficient resource utilization becomes really demanding. Under such conditions, efficient resource utilization becomes really demanding.

Resources 52

Resources Software Management Efficiency 52

Epicflow

JANUARY 12, 2023

Efficient resource management is at the heart of efficient delivery of projects and business performance in general. What resource management challenges are typical for a multi-project setting? What resource management challenges are typical for a multi-project setting? 4 essential resource management challenges.

Resources 52

Resources Management Efficiency Data 52

Epicflow

SEPTEMBER 19, 2022

Do you know your organization’s project management maturity level? If not, it’s high time to change the situation: project management maturity has a direct impact on a company’s competitiveness and business success. . What is project management maturity exactly, and how to define its level?

Management 52

Management Metrics Efficiency Resources 52

Epicflow

AUGUST 19, 2022

Every project management activity doesn’t exist in isolation – they are all related to and dependent on each other, may have competing requirements and/or shared resources. To make sure that the process of orchestrating projects across the whole environment runs like clockwork, project integration management should be applied. .

Management 52

Management Data Resources System 52

Business Consulting Agency

APRIL 25, 2024

Entrepreneurs often face a myriad of decisions, from financial planning and market analysis to operational management and compliance. This article explores the tangible benefits of leveraging such expertise for new business ventures. This is where business consulting services come into play, providing vital support and expert guidance.

Intellectual Property 52

Intellectual Property Efficiency Financial Operations 52

Epicflow

SEPTEMBER 6, 2023

Managing project portfolios is rather demanding in itself. What are the most significant challenges of project portfolio management in aerospace and defense companies? And how to overcome these difficulties with project portfolio management software? Let’s figure these issues out in the article.

Management 52

Management Resources Software Efficiency 52

Epicflow

JULY 20, 2023

To be sure that none of the initiatives will fail and your project management efforts will be crowned with the desired outcomes? In the previous article , we reviewed the main factors that lead to project failure in a multi-project environment. Make data-driven decisions Decision-making can make or break the success of your projects.

Management 40

Management Resources How To Analysis 40

Epicflow

MARCH 16, 2023

According to Gartner , by 2030, 80% of project managers’ tasks will be run by AI, powered by big data, machine learning (ML), and natural language processing. This statement was perceived as a threat to project managers, whose job was supposed to be undertaken by AI-driven project management software. But is this really so?

Management 52

Management Resources Software Analysis 52

Epicflow

NOVEMBER 7, 2022

Being a successful project manager is not just about creating good plans and schedules and telling the team members what they should work on. What else should a project manager know to succeed in their duties and guide projects to their successful completion? This article will help you figure it out. . Don’t overload the team

Management 52

Management Resources Efficiency Software 52

Harvard Business

JUNE 21, 2023

The expectations placed on managers to assess and guide their employees’ performance have increased, a trend amplified by generational shifts and remote work. Employees want frequent, personalized, one-on-one coaching, but managers are constrained by their already heavy burdens.

Management 48

Management Case Study Case Studies Trends 48

Business Consulting Agency

APRIL 24, 2024

This article explores the various areas where a business consultant can assist and outlines the benefits that their expertise brings to small businesses. Financial Management Consultants offer advice on budgeting, financial analysis, and cash flow management.

Small Business 52

Small Business Cash Flow Efficiency Operations 52

Johanna Rothman

MARCH 6, 2024

In Effective Agility Requires Cultural Changes: Part 1 , I said that real agile approaches require cultural change to focus on flow efficiency , where we watch the flow of the work , not the people doing tasks. Where the organization rewards resource efficiency, not flow efficiency.) That's a form of managing WIP.

Agile 80

Agile Culture Efficiency Metrics 80

Epicflow

JUNE 28, 2023

Project management is no exception – data is becoming increasingly important for analyzing project and resource performance, making effective decisions, and driving projects toward their successful completion. How exactly is data used in project management? Read the article to find answers to these and other essential questions.

Data 52

Data Management Resources Software 52

Epicflow

SEPTEMBER 5, 2022

In this article, we’re presenting the most significant indicators of bad resource allocation and suggesting tips on how to improve it with a resource management solution. Sometimes this sign is really difficult to notice and a resource management solution’s capabilities are required. Sign 2: Disengaged and unmotivated people.

Resources 52

Resources Management Efficiency How To 52

Epicflow

JANUARY 17, 2022

In the previous article , we’ve reviewed the most prominent trends that are expected to impact the aerospace and defense industry this year. In turn, they will affect the way its projects will be managed. Now, let’s consider what challenges 2022 trends add to the A&D project management. . Dealing with uncertainties .

Industry 52

Industry Management Resources Trends 52

Epicflow

MAY 4, 2023

Nevertheless, this doesn’t mean that these projects cannot be successfully managed. Read the article to find out how to cope with the uncertainty in R&D projects and increase the chances of achieving desired outcomes. Read the next section to find out some useful recommendations.

Research 52

Research Development Management Resources 52

Business Consulting Agency

JANUARY 29, 2024

This article explores the diverse benefits small businesses receive when partnering with consultants. Financial Management: Effective financial management is crucial for small businesses. Operational Efficiency: Streamlining operations enhances efficiency. Unleashing small business potential with expert help.

Small Business 52

Small Business Consulting Enterprise Efficiency 52

Tom Spencer

AUGUST 11, 2023

This article will delve deeper into four ways in which AI is reshaping the world of finance, improving data analysis, and redefining decision-making processes. AI algorithms can scan news articles and social media posts in real-time, capturing market sentiment and identifying factors that may impact stock prices or market trends.

Finance 78

Finance Analysis Data Financial 78