Benchmarking determines where the enterprise is in relation to performing activities with "best-of-breed" or world-class companies. It measures the performance or the degree of success that has been realized in comparison to other companies for a given activity, value stream, or other factors of interest. These measures then become the basis for analysis and redesign.
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What determines the project? What attitude should be required? What is knowledge? These all questions always come around our minds but we always roam to get this, I will explain by referring to my project experience.
Emotional Intelligence is very important in Project Management. It will help us to improve communications and relationships with our stakeholders and thus increase motivation and productivity.
The 1%-10% Rule is used to determine the proper level of detail while breaking down the work of a project. The rule states that the lowest level of activities in the WBS of a project should have a duration no less than 1% of the project duration and not more than 10% of the project duration.
SWOT analysis (or SWOT matrix) is a strategic planning technique used to help a person or organization identify strengths, weaknesses, opportunities, and threats related to business competition or project planning.
The following are the tools that can be used in different risk management processes, considering experience and practice.
There are 5 stages of conflict – in the order of light to severe:
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In 2001, a group of thought leaders in the software industry (Kent Beck