article thumbnail

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.

article thumbnail

IT Financial Management (ITFM) Best Practices

ProjectManager.com

This is done through analysis, planning and managing costs that are related to IT operations, projects and services. To accomplish this requires financial governance, creating and controlling an IT budget, tracking expenses and doing cost-benefit analysis of IT investments.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Software Development Process: How to Pick The Process That’s Right For You

Planio

But software development isn’t one of them. Every great piece of software starts with a plan and a clear process in place. Luckily, there are numerous software development processes you can choose from when you’re starting your next project. But which software development process is right for you?

article thumbnail

The PDCA Cycle: a Cornerstone of Effective Project Management

Inloox

Especially in quality management as well as in product development, R&D and software development, this method can contribute significantly to the optimization of processes and the improvement of products and services. Act: Based on the findings from the study phase, the team decides on the next steps.

article thumbnail

Best PMI-ACP Exam Prep Books

Rebel’s Guide to PM

Instead, you would probably get more use out of investing your reading time in User Stories Applied: For Agile Software Development (Mike Cohn). I would suggest it’s User Stories Applied: For Agile Software Development by Mike Cohn. User Stories Applied for Agile Software Development by Mike Cohn.

PMI 195
article thumbnail

Cost and Value Management for Software Development

Herding Cats

This, of course, is a violation of the principles of Managerial Finance and Microeconomics of software development in the presence of uncertainty and scarce resources. Software Project Cost Estimation . There are numerous horror stories about software development cost and schedule overruns.

article thumbnail

Context counts but whose?

Kiron Bondale

For example, running a project in a long-standing, large organization usually involves heavier governance and oversight than that for a startup. The terms and conditions from contracts established between the performing and receiving organizations will also affect how the work is done. Individual.