Digital Transformation Journey in Finance

Epicflow Blog

are the questions arising in the mind of those who haven’t initiated this process in their company yet. When we talk about digitization, we mean the process of putting analog data into a code that can be easily processed by a computer. Artificial Intelligence in Finance.

Digital Transformation Journey in Finance

Epicflow Blog

are the questions arising in the mind of those who haven’t initiated this process in their company yet. When we talk about digitization, we mean the process of putting analog data into a code that can be easily processed by a computer. Artificial Intelligence in Finance.

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Project Management Processes & Phases

If so, it might be time to start implementing proven project management processes and phases at your organization in order to bring your company’s workflow under control. The project plan will include what resources are needed, financing and materials.

How To Do An Effective Project Selection Process?

A stable and sturdy project management is one of the crucial factors to make a project process work. In the corporate world, an organization needs more than just top-notch tools and up to date process to bring the project to its full potential—it also needs a strong manpower, a human resource that has a particular set of skills and capabilities that will greatly contribute the entire organization. Cet article How To Do An Effective Project Selection Process?

Operations, Finance, and Accounting for the Development of Software

Herding Cats

When us young pups arrived to move the development processes into the next century (minicomputers, high-level languages, integrated development environments) from the previous generation of punching holes in pieces of paper - either card stock or rolls of paper tape - we thought we were clearly superior to those of the past generation and were proud to tell anyone who wold listen how we had a lock on what to do best. The notion that process and overhead are a waste is true in some sense.

Thoughts on Suggestions That Violate Principles of Finance, Probability, and Statistics

Herding Cats

Calculating Value from Software Projects - Estimating is a Risk Reduction Process. The on-going discussions that Decisions can be made in the absence of estimates reminds me of this concept. .

The Classic Misunderstanding between Principles, Practices, and Process

Herding Cats

I've since lost my handbook issued at TRW for the Software Development Lifecycle processes used on the programs we worked, but the loop approach of plan, do, study, act was at the basis of that method. A recent Twitter post make the false claim that.

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How to Speed up Your Project Management Process with 5 SaaS Applications

Paymo App

Project management process bottlenecks. The 3 main things I have so far noticed about project management processes: The more detailed the planned steps, the less likely they will be realized. Let’s look at how GDrive can fit into your project management process.

How Do You Create a Strategic Plan? An Overview of the Strategic Planning Process


One of its most robust features is its timeline management tool, which can create the schedule needed to get the strategic planning process started. Finances: All projects need money to acquire the first two resources.

2018 56

Some Really Big Reasons Why designers Need Project Management Tools


Are you struggling to keep up the things organized in your design process? The design process is no longer carried forward individually. Let’s first see the steps that define a design process. What is the design process? designer project-management design-process design

Get the ‘Right’ Project Controls & Enterprise Programme Management You Want

Arras People

The common narrative is that overlapping systems and processes produce similar versions of the same report with different results. High-Level ERP / EAM Process & Policy Requirements. Detailed ERP Process Requirements / Ways of Working. Finance management.

Six Sigma: A Simple Guide for Project Managers

It can mean different things within various organizations or circumstances, but there is a way to broadly outline this business process improvement methodology and define its beginnings, its, rise, its use and its implementation.

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How to Fund a Software Development Project

What you need instead is advice on what process decisions you should consider, what your options are, and what the associated trade-offs are. Related: Mastering the Decision-Making Process: A Practical Guide. The Secure Funding Process Goal.

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An Introduction to Supply Chain Management (SCM)

Supply chain management (SCM) is the discipline that manages supplies and processes through all of the stages of a project, product or business deliverable. It was important to be responsive to these concerns, which lead to the integration of key business processes in the supply chain.

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How to Successfully Execute a Plan

And always update these steps throughout the process. You might have to get approval to increase the budget, get more finances or partner with someone. Planning is the backbone that holds up any project. Jennifer Bridges, PMP, shows you how to take that plan and execute it right.

Strategic Planning in Business

What are the changes to structure, financing, etc., Decide on the best way to implement those changes, the timeframe with deadlines and how to finance it all. Essentials of the Strategic Planning Process. Businesses thrive on certainty, and yet, the future is never certain.

Quote of the Day

Herding Cats

Finance is a pure information processing game. Managerial Finance and Microeconomics of decision making in the presence of uncertainty is the foundation of project management processes.

Impacts of traditional project funding models on agile delivery

Kiron Bondale

A key enterprise partner is the Finance department and the organization’s model for project funding will have significant influence over successful agile delivery.

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Making Better Business Decisions with Continuous Planning

Arras People

Here are some more takeaways from this new study and ebook by Ventana Research, sponsored by Planview: 58% of those working in companies with 1,000 or more employees say spreadsheets are a stumbling block in their planning process.

Five Professions That Make Great Project Co-ordinators

Arras People

Lawyers, paralegals or anyone working in a clerk type position – they’re great with process and procedures. Finance. I recently held a project management careers clinic with someone who was wanting to get into a project management role.

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10 Knowledge Areas of Project Management (PMBOK 6) With PPT & PDF

Girl's Guide to PM

PMI defines a Knowledge Area in the PMBOK® Guide – Sixth Edition Glossary like this: An identified area of project management defined by its knowledge requirements and described in terms of its component processes, practices, inputs, outputs, tools, and techniques.

2019 407

The Online Entrepreneur’s Guide to Payment Processors

The platforms are designed to be secure and easy to use as they wirelessly process transactions and send money to you on your customer’s behalf. Do you process a few payments per month or hundreds?

2018 244

Total Quality Management (TQM): A Quick Guide

Of course, that satisfaction is seeded in employees, processes and the organization at large—long before any product or service reaches its customer. How does a business or organization make sure that their processes and people are aligned with creating success and customer satisfaction?

2019 267

Program Manager Job Description – Plus! Cut & Paste Example

Getting certified shows that they have proven their ability to manage many projects and can work on complicated processes that cross various functions, organizations, regions and even cultures. They might do this themselves or contract specialists to facilitate the communications process.

2018 290

Best Program Management Tools for Managers

By knowing the parts that make up the whole of the process, you can then better determine which tools can help you out as you move through each of these stages. Finances: tracking costs of the program.

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How to Scale Your Business

Do this early in the process, of course, but also do it often to revise as necessary. Upgrade Technology: To help the process of growth, you’ll want to automate as much as you can, which means investing in new management software and tools that can handle the new scale of the organization.

2018 245

Tackling Project Management Job Titles

Arras People

That way when it comes to reference checking later in the process, the real job title is still there, it’s just that you’ve added something alongside it which is more meaningful to the wider marketplace and the role against which you are looking to identify.

2019 309

What Can a Project Manager Do Next? The Project Manager Career Ladder

Project Bliss

You need to understand risk and finances, and evaluate projects based on ROI. You’d establish processes and procedures that your team would follow. You’d also oversee budgeting and work with Finance and stakeholders to determine budget forecasts and projections for the year.

2017 258

How to Become an IT Project Manager

Jennifer described an IT project manager as one who oversees the process of planning, executing and delegating responsibilities around an organization’s IT pursuits and goals, often with the help of IT project management software. Maybe like operations, marketing, or even finance.

2018 369

Free project management certifications

Moira Alexander

Six Sigma: Define and Measure - an introduction to the Six Sigma methodology and DMAIC cycle for process improvement with a focus on the define and measure phases. Project Management Life Cycle - a course on how to apply project management tools, processes, and techniques for the successful execution of a project from initiation to closing.

The true value of change

The Lazy Project Manager

And then select or identify the Cost/Impact ratio and the growth Value Add ratio – these really should be part of your business case approval process by the way.

2017 227

Agile project management: A beginner's guide

Moira Alexander

Changing environments are embraced at any stage of the process to provide the customer with a competitive advantage. Sustainable development is accomplished through agile processes whereby development teams and stakeholders are able to maintain a constant and ongoing pace. Agile is also used in industries like marketing and advertising, construction, education and finance. An optimized development process. Agile Unified Process (AUP).

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Digital Transformation in Government Organizations: Tips from Microsoft, IBM, McKinsey, and PwC

Epicflow Blog

So, let’s see the way top companies consider this process. As stated by Microsoft, this process encompasses four pillars. . It makes relations between government employees and users more trustful and processes more effective. .

What Is The Value of a Project Manager Today?


Agile and traditional project teams have their own set of processes to accomplish work. However, the project management processes of initiating, planning, executing, controlling, and closing are complementary to Agile techniques.

An Introduction to Vendor Management

This process gives you the means to establish service, quality, cost and job satisfaction goals. It helps with hiring, the interview process and the payment process. This collaborative effort helps simplify the timekeeping process and improves project cost visibility.

2018 303

AI In Project Management: 7 Ways in Which AI Will Transform Project Management


Project managers can harness the power of machine learning to study patterns in your project schedule and it will highlight areas where you can accelerate the project process. You can also use machine learning to assess risks and allows finance managers to give a better offer to customers.

9 Essential Project Documents (With Templates)

Girl's Guide to PM

More recently, my projects have been operating under a formal PMO structure, and much of what goes in a project management plan is basically repeating the formal processes.

2019 391

Successfully Deliver Strategy… Fast


While the strategic plan can feed annual plans to ensure enough of the annual budget is set aside for strategy, the real value comes into creating a continuous planning process that creates strategic agility to ultimately drive faster delivery of success. Finance is about financial control.

Digital Transformation & Artificial Intelligence: Is your Organization ready?


This allows the processing of large datasets quickly and cost-effectively. The more information is available for processing, the more the AI systems can learn and the more accurate their predictions and decisions will be.

2018 146

7 Must-Haves for Every Product Manager Resume

A product manager can’t get bogged down in only process. Banking and finance is another traditional industry with ample room for supporting new product managers. A product manager often wears many hats.

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