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Organizational Process Assets: Definitions, Examples & Templates

ProjectManager.com

There are many things that are needed when managing a project. Some of these are called organizational process assets. These organizational process assets are critical to a project’s success and its operations. Then we’ll get into some examples to fully illustrate their meaning. What Is an Organizational Process Asset?

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Process Manufacturing: Definition, Benefits and Examples

ProjectManager.com

This is called process manufacturing and is a production method that’s common when producing in bulk. To better understand process manufacturing, let’s first define the term and explore the different types of process manufacturing. What Is Process Manufacturing?

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The Risk Management Process in Project Management

ProjectManager.com

When you start the planning process for a project, one of the first things you need to think about is: what can go wrong? It sounds negative, but pragmatic project managers know this type of thinking is preventative. Issues will inevitably come up, and you need a mitigation strategy in place to know how to manage risks on your project.

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Risk Mitigation in Project Management

ProjectManager.com

Risk is something every leader knows well. We all need to become comfortable with some risks. We are never going to eliminate all risks. What Is Risk Mitigation? It involves a process that we’ll explore in a moment but basically addresses the top risks in order to fully protect the project. Learn more.

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Smart Manufacturing: Examples & Benefits

ProjectManager.com

Is your smartphone really that intelligent or is it just an example of advanced technology? Let’s review smart manufacturing and smart factories and explore some examples of smart manufacturing technologies. The goal is to increase the efficiency of manufacturing processes. It even recommends workflows and automated processes.

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What Is a Balanced Scorecard? (Example & Template Included)

ProjectManager.com

To better illustrate how a balanced scorecard works, we’ll also show an example of one and then share a free template to help you get started with yours. A balanced scorecard is a strategic management performance metric. What Is a Balanced Scorecard? Let’s define the four balanced scorecard perspectives.

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Workload Analysis: Steps, Examples & Tools

ProjectManager.com

Workload analysis is how project managers figure out how many team members they will need to properly execute a project. Workload tracking helps project managers reallocate team members as needed to serve the project and not overburden any one member of the project team. What Is Workload Analysis?