article thumbnail

Technical Review: A Trusted Look Under the Hood

TechEmpower - Project Management

Most innovators don’t have a technical background, so it’s hard to evaluate the truth of the situation. And unless they have a tech background, they can’t look under the hood themselves. The answer is to engage a trusted outside source for a Technical Review – a deep-dive assessment that provides a C-suite perspective.

article thumbnail

Enhanced due diligence in banking 

Productivity Land

Enhanced Due Diligence (EDD), also known as Politically Exposed Person (PEP) screening, is a process that banks and other financial institutions must use to identify the risk associated with doing business with foreign individuals.

Insiders

Sign Up for our Newsletter

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

article thumbnail

57 AI in Project Management Statistics

Rebel’s Guide to PM

We gathered 57 of the top AI in project management statistics to help understand this key development in technology. Recent advancements in tech have changed how project managers work in 2024. Only 12% have adopted AI in a substantial way, and the adoption levels are much higher in tech-forward companies (34%).

article thumbnail

The 5 Phases of the Construction Process (Templates Included)

ProjectManager.com

Initiation Phase The initiation phase might be the most important of all five phases as it maps out the approval process for the project and sets everything in place to build. The construction bidding process will also begin at this point. When the site is complete, the plans and findings are reviewed by local government officials.

article thumbnail

Service Request Management in IT: Process & Best Practices

ProjectManager.com

When someone makes a request in the information technology (IT) world, whatever that might be, there’s a process involved to fulfill that request. This is called a service request and controlling that process is called service request management. It also includes the tools that are used to run this process.

Process 321
article thumbnail

Ultimate Guide to Business Process Management (BPM)

ProjectManager.com

That’s what business process management is all about. Business process management looks at the processes a company employs to deliver its goods or services to its customers. What Is Business Process Management (BPM)? BPM designs, automates, executes, controls, measures and optimizes business processes. Learn more.

Process 315
article thumbnail

Transforming Logistics with Smarter Business Tech Solutions

Productivity Land

We will also show how technological solutions like automation, artificial intelligence and blockchain can revolutionize how goods are moved and managed to meet customer demands of precision, speed, and adaptability. They include: Inefficiencies in manual processes, Lack of real-time visibility, and High operational costs.