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How to Tame Uncertainty of Research and Development: Tips on Managing R&D Projects

Epicflow

Research and development projects involve the process of discovering new ideas, technologies, and solutions to create new products (or services) or improve existing ones. In addition, changing requirements are commonplace for research and development projects. Will the developed product satisfy customers and be relevant in the market?

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6 Current Trends in Project Management [2024]: What to Prepare for?

Epicflow

2] New Competencies: Soft and Digital Skills The latest trends in project management require developing specific competencies by PM professionals to be able to effectively implement these innovations in their work. Hybrid project management methodologies will also remain relevant instead of focusing on Agile for every kind of projects.

Trends 52
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Impact of Data Analytics in Consulting

Tom Spencer

“Data scientists, fast computers, and advanced software are replacing traditional decision-making processes and disrupting tried-and trusted traditional consulting methodologies, with Big Data being one of the main forces of disruption” ( Tras, 2015 ). The words “big data” have become a “buzzword” in the business industry.

Data 106
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A Tool for Balancing Your Company’s Digital Investments

Harvard Business

The portfolio tool can be used as a common frame of reference in management discussions about a number of areas. Development approaches. Today, for example, many banks, insurance companies and law firms are exploring how they might exploit blockchain technologies. Let us look at several of them. Investment appraisal.

Tools 28
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Fighting Uncertainty in Organizations, Including Matrix Ones

Epicflow

“When Dr. Goldratt came to me and asked, ‘Eli, how long will it take you to develop a new feature’, I hesitated. TOC has fully developed methodologies for determining the right location of buffers in projects as well as in manufacturing. My first inclination was not to give him a number.