article thumbnail

Enhanced due diligence in bankingĀ 

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.

article thumbnail

Top 10 Project Management Methodologies ā€“ An Overview

ProjectManager.com

The name is apt, as the waterfall methodology is a process in which the phases of the project flow downward. When implementing the agile methodology , project planning and work management are adaptive, evolutionary in development, seeking early delivery and are always open to change if that leads to process improvement.

Insiders

Sign Up for our Newsletter

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

article thumbnail

5 Agile Methodologies for Project Managers that are not Scrum Framework

Project Pulse Journal

Whether you're looking to streamline your development process, enhance team collaboration, or deliver higher-value products to your customers, these Agile methodologies offer valuable strategies to achieve your goals. Feedback Loops – Incorporate regular meetings to review and adapt your workflow based on feedback.

article thumbnail

What Is the Definition of Done for Agile Teams?

ProjectManager.com

That’s largely due to agile’s ability to adapt to change and incorporate customer feedback, both of which are essential in today’s world where technology is constantly evolving, and swathes of information are just a few clicks awayā€”including public customer reviews. Process follows change instead of a plan.

article thumbnail

Records Management: A Quick Guide

ProjectManager.com

Itā€™s a systemic process that gives people access to the project records for future use through organization, planning and tracking throughout the project execution. When approaching records management, you need to determine the type of information that should be recorded as well as a process for recording data.

article thumbnail

The Evolution of Project Management

The IIL Blog

When the Department of Defense (DoD) decided to expand the need for more technical projects following World War II, pressure was placed upon the aerospace and defense community to develop expertise in project management. First, the PM was expected to possess a command of technology rather than merely an understanding of technology.

Aerospace 147
article thumbnail

What does it take to launch agile software? Q&A with Jordan Husney, CEO and Founder of Parabol

Rebelā€™s Guide to PM

The Agile Manifesto was written in 2001ā€”which was the same year Rally Software was founded. Parabol also breaks the retrospective process down into bite-size pieces that encourage team safety and vulnerability. Jordan Husney. For much of the early 2000ā€™s, large companies would shudder at the thought of operating a team in an agile way.