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Project Closure Template
As part of the process of ending a project, a project closure is a stage that often attracts less attention. It is a formal documentation that enables to assess the project outcome against its initial objectives. It is an important part of the overall project life cycle and the bookend to the project charter. At…
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Project Charter Template
A Project Charter is a one page document that enables stakeholders to review the project and commit to support. It serves like a contract that helps the team to stay on track to achieve the goals of the project. Project managers and leaders should ensure that the project implementation should not be started until the…
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Analyzing and Monitoring Processes through Time Value Mapping
Also known as Time Value Chart. Variants include Value Stream Timeline. A time value map is a graphical representation of the value-added and non-value-added time within a business process. It focuses on what adds value to a business process as perceived by the customer. The primary objective is to enhance process efficiency while maximizing customer…
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Pugh Matrix Template
The main idea behind the Pugh matrix is to compare a set of alternatives against a standard to determine which one is the most appropriate. A basic matrix consists of the alternative proposals and a set of criteria. Start by writing the criteria in the left hand column and the alternatives in the top row.…
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From Red to Green: Enhancing Decision-Making with Traffic Light Assessment
Also known as Traffic Light Rating System. Traffic Light Assessment is a rating system for evaluating the performance in relation to predefined goals. This system facilitates the clear and effective communication of performance metrics, leveraging universally recognized traffic light colors (i.e., red, yellow, and green) to represent performance outcomes. Good and poor performance can easily…
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Hand of Values
How to Make Your Personal Core Values Memorable? The Hand of Values is a tool that makes someone’s personal values more memorable. The idea is very simple and straightforward. Each part in the hand represents a specific value that when touched, it triggers a positive thought, creates an emotional change and influences the behavior in…
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Annual Performance Report Template
How to Review the Progress of your Organization in an Integrated Manner This template is designed to provide decision makers with the strategic direction needed to monitor and improve the overall performance of the organization. It encourages using longer-term KPIs and on an annual basis, and thus, the target users are more likely to be…
Continuous Improvement Toolkit
Effective Tools for Business and Life!