Fri.Sep 17, 2021

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Material Requirements Planning (MRP): A Quick Guide

ProjectManager.com

Manufacturing requires the right balance of many factors. One of the most important is the inventory—the materials and components needed for the manufacturing process. The more efficiently a company handles this process, the more profit they will find. To this end, the manufacturing industry developed material requirements planning (MRP) to improve inventory efficiency.

Planning 302
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6 reasons to get certified in project management

Rebel’s Guide to PM

This is an article by Krishna Kumar, CEO of Simplilearn Solutions. Krishna Kumar, CEO of Simplilearn Solutions. Have you ever wondered why, after spending roughly 15 to 17 years of our life in the process of completing your formal education, most of us follow the same routine of job hunting, rejection, and sometimes, selection in this fiercely competitive, dog-eat-dog world?

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Effectively Monitoring Project Risks

Project Management Update Submitted Articles

Project risk is defined by Project Management Institute as "an uncertain event or condition that, if it occurs, has a positive or negative effect on a project’s objectives.” Put it simply, to most project professionals, risk is the likelihood that a project will fail to meet its objectives.

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3 Organizational Change Management Strategies That Make Growth Easy

Trello

How does your team react when you announce a new change? They’re not likely to jump for joy. In fact, you’ll probably hear silence at first. That’s because our innate reaction to change is fear—it’s part of the fight-or-flight response.

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Understand Digital Debt, Form a Team, Set Goals, and Plan Roadmap for Transformation

Understanding digital debt is crucial before digital transformation. Assemble a team to assess internal operations, market pressures, and digital debt's impact. Define future digital vision with measurable goals. Refine hypotheses and conduct market analysis. Develop a roadmap for transformation with defined projects, cost estimates, and governance.

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Projects and capitalism

Musings on Project Management

'Capitalism' is in the news. And, not for the first time we're hearing about how corporations have an obligation more reaching than just the traditional shareholder value -- meaning profit maximization. Community impact is now in the mix, more so than in the past, and that may mean capitalism will be paying attention to multiple factors beyond profit maximization: Environment -- a steady.

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