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📐 What are the principles of good project management?

The principles of good project management presented here are the foundations on which good project management practice is built. Following these principles is a necessary condition for successful project management. Successful project management is a prerequisite for sponsors, clients, customers and other parties involved to gain value from project outputs.

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👥 Roles and responsibilities in the project 

One of the principles of project management is that the project must have clear roles and responsibilities. This article covers the roles and responsibilities of the key stakeholders that are part of every project. If there are other stakeholders in the project, their roles and responsibilities also need to be clearly defined.

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🔑 6 Key Elements of Successful Project Cost Management for Small Businesses 

Are you struggling to complete your projects successfully while juggling managing resources, activities, deadlines, and unexpected obstacles? If you add the pressure of planning and tracking expenses and keeping within tight budgets, project management can get quite an overwhelming task to do irrespective of the type and size of the project. In fact, up to three-fourths of projects end up well beyond the set budget constraints and more than a half of managers consider cost overruns as the main reason for project failure. How can you prevent such unforeseen bloated costs and keep your project on track?

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👩🏻‍💻 11 Project Management Trends for Small Businesses

Did you know that underestimating project management results in an average of 67% more project failures? What’s more, it has become one of the four top priorities of organizations, along with delivering customer value, organizational flexibility, and investing in technology.

Achieve your project goals on time and within the determined budgets with these hot project management trends for small businesses. Here’s how.

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🖐️ 5 Basic Rules to Deliver Successful Projects for Small Businesses

Managing projects can be an overwhelming and tedious process – particularly so when you’re running a small business with limited human and material resources. 

And yet, there is a light in the tunnel – recent project management statistics indicate that four in ten businesses mostly or always manage to deliver successful projects bringing full benefits, and almost half of surveyed organizations report having a track record of winning project execution.

Ready to learn the ropes of effective project management? Let’s dive right in with our first rule…

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💻 When is Project Management Software a Must?

Are you using different tools – including spreadsheets, boards, and file management systems – to plan projects, manage team members, allocate resources, and track progress? Is managing projects becoming a chore, and is your team’s productivity suffering?

If so, you might need to invest in project management software. This software helps you manage projects throughout their lifecycle and helps team members collaborate to meet shared goals.

In this article, we’ll explore six tell-tale signs that project management software is necessary for your team. But first, let’s see what these tools actually offer.

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📊 How to Use a Gantt Chart in Project Management

Managing projects, timelines, and resources isn’t easy, especially as you scale your operations. Some projects inevitably get delayed, budgets go over, and resources are poorly allocated – we’ve all been there.

If you’re regularly managing projects, you’ll know how important it is to manage your resources – both human and non-people ones. But allocating resources, assigning responsibilities, and tracking progress require visibility, structure, and careful planning. And that’s why many project managers turn to a Gantt chart.

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📈  How to Use a Work Breakdown Structure (WBS) in Project Management

If you’re looking for a structured method for organizing your projects, outlining workflows, assigning responsibilities, and estimating resource requirements, a work breakdown structure (WBS) might be just what you need. A WBS helps you visualize your project, assess its scope, and decompose your core deliverables into smaller, more manageable tasks. 

In this article, we’ll explore how you can create and manage work breakdown structures for all your projects. 

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📂 Achieving Customer-Centricity With CRM and Project Management Integration

Business process management

Many businesses claim to be customer-centric, but what does that actually mean in practice?

Very simply, a business is customer-centric if it puts customers at the forefront of everything it does. So, systems and processes are designed to help serve customers better, customer feedback is collected and analyzed to drive internal change, and you’ll have a formal strategy for cultivating customer satisfaction.

As you’d expect, achieving this level of customer-centricity requires a fair bit of time and resource investment. You’ll need to put the right systems in place, nurture a customer-first culture, and leverage technology to put customers at the center of your business.

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🖐 Avoid These 5 Fatal Project Management Mistakes Like the Plague

Business process management

The number of projects that fail every year might surprise you. Project Management Institute’s research revealed that around 50% of projects failed every year from the years 2019-2021 globally every year (although only 12-15% were complete failures).

But what’s causing all these projects to fail, and are your projects at risk? If you’re making one of the following five fatal mistakes, they might be. 

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