Inloox

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SWOT analysis in project management: definition, instruction & example

Inloox

Content What is a SWOT analysis? SWOT analysis in the project management context Why should I conduct a SWOT analysis? How to perform a SWOT analysis Once the SWOT analysis is completed: 5 key approaches for strategy development Concrete example: SWOT analysis in a software development project Conclusion 1. What is a SWOT analysis? The SWOT analysis is a strategic planning tool and provides a framework for evaluating internal and external factors influencing the success of a company or project.

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The PDCA Cycle: a Cornerstone of Effective Project Management

Inloox

What is the PDCA cycle? Definition of the PDCA cycle The initial letters PDCA stand for the four steps in a continuous improvement process (CIP, Kaizen): Plan-Do-Check-Act (Plan-Do-Check-Act). The PDCA cycle, also known as the PDCA method, PDSA cycle (Plan-Do-Study-Act cycle), Deming cycle, Deming wheel or Shewhart cycle, is a four-step framework designed to improve processes through iterative testing, learning and refinement.

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The Meaning of Technical Debt in Project Management

Inloox

Technical debt in the project context The concept of "technical debt" originally comes from the field of software development. This debt arises when rapid completion is preferred to an optimal solution. The difference between the possible optimal solution and the solution actually implemented is referred to as technical debt. Finally, the project team incurs debt in the form of errors in the software that have to be paid for later.

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The S**t-in-S**t-out Principle in Process Management: How to Avoid Digitizing Bad Analog Processes

Inloox

Welcome to the world of process management, where the dreams of streamlined efficiency often clash with the harsh reality of poorly designed processes. Today, we dive deep into the hilariously tragic realm of the "S**t-in-S**t-out" (SiSo) principle. This principle, often whispered in hallowed business school corridors, is the bane of digital transformation.

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The Stacey Matrix: Agility or waterfall in the project?

Inloox

How do agile and classic project management methods differ? Projects are defined by the fact that they are always unique and complex in nature. Consequently, there is no one-size-fits-all approach to handling projects. A variety of common and less established methods exist. In principle, project management methods can be roughly divided into two groups: There are both agile and classic approaches.

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Resource Leveling & Smoothing: What lies behind the terms

Inloox

Why we need effective resource management in projects Resource management refers to the process of allocating resources in such a way that they provide the greatest possible benefit for the company or also for the project team. More concretely, it is concerned with which financial resources, which technologies and finally which people are assigned to a task for which period of time.

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How to start a project successfully: Kick-off with the 5W2H method

Inloox

The kick-off of your project and its importance All beginnings are difficult. This is often the case with projects as well. Before the project starts, sometimes there is only a vague goal , for example a deficit that needs to be solved. How to get to the solution of the problem is often unclear. So the destination of the journey that your project represents is fixed.