Digitalisation in Construction Report 2024 by Royal Institution of Chartered Surveyors (RICS) – A Detailed Summary
The Digitalisation in Construction Report 2024 highlights the current state of digitalisation within the construction industry emphasizing both advancements and ongoing challenges. The report reveals that while there has been some progress in adopting digital tools, the overall usage remains low, particularly in critical areas such as data sharing and environmental sustainability.
State of Agile Project Management Report
This recently published State of Agile report will be covering some of these benefits and challenges in using the Agile techniques. This report will look at the State of Agile through the lens of the three key components of Agile which are the people, the processes, and the tools to provide a snapshot of the latest trends and opportunities in Agile Project Management.
Top 6 Cost Estimation Methods in Project Management
In project management cost estimation is a very important process in which we predict the financial resources required to execute a project. It involves carefully analyzing various cost factors like labor, materials, equipment, and other overhead expenses. This analysis can help you and other stakeholders to make informed decisions about project budget allocation and resource management.
Top 4 Project Management Tools and Software in 2024
Project management software tools are used to help the project management teams to plan and organize the projects effectively. They not only automate the day to day activities which are repetitive in nature, but also manage tasks, resources, and communication throughout the project lifecycle. While for project managers this results in saved time and reduced stress, choosing the right tool for your organization requires planning and analysis of different options. Let’s look at some of the most widely used tools you can use for the better performance of your projects
LinkedIn Workplace Learning Report 2024: A Summary
The research conducted by LinkedIn shows that the top 5 learning and development focus areas for 2024 are aligning learning programs to business goals, upskilling employees, creating a culture of learning, helping employees develop their career and finally improving employee retention.
Role of Design Thinking in Project Management
While technical skills are often important for project managers, very few people think about creativity as an essential skill for them. If every project manager will use the same tools, softwares and methodologies, what will make their deliveries unique from others? You must have heard that the most beautiful designs often emerge from the messiest explorations. Similarly, the most creative solutions are given by the most curious minds.
PMI Report 2023: Shaping The Future Of Project Management with AI
Artificial intelligence (AI) has been influencing the execution of projects and the work of the project manager. With the changing environment and rapid adoption of AI tools in project management, PMI has conducted an annual global survey to understand the impact of AI and how project managers can leverage AI to improve the overall performance of their projects and organization. This comprehensive analysis provides a deep understanding of this report published by PMI and key takeaways for project managers.
Data Driven Project Management
Every project, whether successful or not, teaches project managers and the entire project team valuable lessons for making the right decisions in the future. This makes it critical to understand what worked well and what did not in previous projects and to apply that knowledge to create a better course for your next project. There are multiple quantified measurements that can help us not only make more accurate predictions but also eliminate biases from the decision-making process.
The Growing Importance of Soft Skills in Project Management
While technical know-how might build the project's foundation, soft skills act as the binding force which keeps everything together and ensures smooth execution of a project. Even the most industry recognized qualification for project managers, the PMP® certification also emphasizes on the soft skills like critical thinking, conflict management, problem solving, decision making, emotional intelligence and leadership.
How to develop self-organizing teams?
There are no readymade solutions. Developing a self-organizing team is a process that involves careful planning, leadership, and a focus on creating an environment that inspire team members to collaborate, innovate, and take ownership of their work.
New Year Resolutions for Project Managers
Five things to win projects and people in New Year! As we usher into New Year, it is a good time to […]
Five simple reasons for project failure in manufacturing industry
Manufacturing and engineering industry is an operation driven industry. It has set several standards in optimizing operations that are examples for other […]