Remove Finance Remove Process Remove Retail Remove Risk
article thumbnail

Why Identifying as a Project Business is Critical For Success

The Lazy Project Manager

Project Business is an industry just like Retail and Manufacturing because projects are their primary business function. For example, if we think of a Retail Business, it’s about reselling goods to consumers. Whatever it is, if you sell it to consumers, you are a Retail Business. It doesn’t matter what goods you sell.

Retail 344
article thumbnail

Exploring the differences: Projects vs operations examples

Rebel’s Guide to PM

Ops managers want (and seek) stability so they can manage process performance. Operations management Operations management is the process of managing and organizing resources to ensure the efficient production of goods or services. Let’s say you work for a clothing retailer. Projects change the business.

Retail 407
Insiders

Sign Up for our Newsletter

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

article thumbnail

Project Management Job Titles: Understanding the Types of Roles in Project Management

Rebel’s Guide to PM

A Legal Project Manager supports legal teams to deliver either process improvements and internally-facing work, or legal projects for clients. Whether you love retail or catering, tech or medicine, there will be a project management job in that field. This role tends to require a legal background and training.

PMO 385
article thumbnail

Kanban vs. Scrum: What’s the Difference?

ProjectManager.com

The name kanban means billboard in Japanese, and you can see why, as the process involves placing tasks represented by cards on physical or digital kanban boards. The scrum master is the team expert on the process, and they are instrumental in guiding the team to optimize the use of scrum in the project.

SCRUM 412
article thumbnail

What Is an IT Budget? IT Budgeting Basics (Template Included)

ProjectManager.com

You can’t manage your IT finances without an IT budget. This important part of IT service delivery needs to be well funded as it’s a crucial part of the financial, telecommunications and retail industries, just to name a few. However, there tend to be a few professionals who are mostly involved in this process.

Budget 345
article thumbnail

Industrial Construction: Examples of Industrial Projects

ProjectManager.com

For example, commercial construction can be classified into three subcategories of retail, office, multifamily and industrial construction. The permitting process is also different. This energy needs to be then delivered outside of the building, all of which creates a complicated and long process.

article thumbnail

Understanding What is Quantitative Risk Analysis

Project Pulse Journal

Shick, MSPM, PMP, CSM In the dynamic world of projects, risks are omnipresent. Every decision brings along its own set of uncertainties and complicated risks. Enter the realm of quantitative risk analysis. Essential tools such as Decision Trees and Monte Carlo Simulation enable thorough risk evaluations.

Risk 52