Tag Archives: management

Stakeholder Analysis Template

Stakeholder analysis involves identifying and analyzing the stakeholders that are likely to affect or be affected by a particular company activity, then planning to communicate and engaging with them. It is widely used in project management to develop engagement and cooperation between project team and project stakeholders. Other applications include conflict resolution, organizational transformation and change management.

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Project Closure

Project Closure

Projects are time bound by nature. They have to be implemented within a specific period of time. Project Closing is the final phase and an important aspect of the project life cycle. It is, however, one of the most neglected project management activities. A Project Closure is often used in this phase to formally close projects. It used to summarize project results and validates the accomplishment of project goals.

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RACI Matrix

RACI Matrix

There are many ways to help clarify roles and responsibilities within a project, business process, or change initiative. Some prefer to use a hierarchical structure while others prefer to use a matrix-style format such as the RACI matrix. A RACI Matrix is a tool that brings clarity to the roles people play within a team working towards achieving a common goal. It describes the participation of the various roles in completing the required activities and deliverables.   Read more »  


 

RAID Log Template

RAID Log is a project management tool that is used to store several project information in one place. It allows project managers to track risks, assumptions, issues and dependencies, making it a useful document in regular project meetings and when conducting audits. This template allows to keep track of everything happening in your project. You may use it to record relevant project information, and to regularly review and update these information at any time. It also comes with a dashboard that displays these information at a glance.

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Gantt Charts

Gantt Charts

When managing projects, large number of activities are to be controlled and completed on time. If you miss a deadline, the costs may increase considerably and you may even be penalized. A Gantt Chart is a visual representation that provides an instant overview of the status of a project. It outlines all activities involved in a project against a timescale. A basic Gantt chart simply lists what needs to be done and when. It is often used by any industry that requires project management such as: construction, telecommunications, information technology and management consulting.   Read more »  


 

Project Charter

Project Charter

A Project Charter is a one page document that summarizes the fundamental information of a project before it begins. It clarifies the project objectives and scope, addresses the needs of the stakeholders, and defines the roles and responsibilities of the project team. The information in the project charter is critical for obtaining leadership support and commitment to provide the necessary funding and resources. Once signed, it authorizes the project leader to formally start on the project and use the necessary resources and funding to complete the project successfully.

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Visual Management

Visual Management

Visual Management is a business management technique that communicates important information in the physical workplace. It is a system of information displays, visual controls, labels and signs, color coding and other markings instead of written instructions. Lean organizations rely heavily on visual management to detect abnormalities and reinforce standards while ensuring stability and safety in the workplace. Ideally, everyone should be able to assess the status of a situation at a glance, even the casual observer. Employees also need visual displays that show what is expected from them and to keep them informed about production status and customer needs.   Read more »  


 

RAID Log

RAID Log

RAID Log is a project management tool that is used to store several project information in one place. It serves as a central repository for all Risks, Assumptions, Issues and Dependencies related to a project. It allows project managers and team members to keep track of their projects, making it a useful document in regular project meetings and for audit purposes.

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Stakeholder Analysis

Stakeholder Analysis

A Stakeholder is any party who may have an interest in an organization’s activity or could be affected by its outcomes. Stakeholders can be any internal or external individuals, groups, departments, business units, or organizations. Examples of stakeholders for an organization are employees, customers, suppliers, competitors, shareholders, financial institutions, government agencies, and the media.

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Gap Analysis

Gap Analysis

A gap is a problem, issue or challenge, and could be an opportunity for improvement. Gap analysis compares two different states of something, the current state and the desired state. It is mainly used to assess where a company or process is today, where it needs to be in the future, and what needed to be there. Gap analysis is also known as need analysis or need assessment.

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