article thumbnail

Overcoming bias in project management

Rebel’s Guide to PM

Effective project management training addresses these natural human variables to enhance traditional project management science. Humans are normally unaware of biases and heuristics, and awareness requires training, skill, and experience. Heuristics are useful because they reduce mental overload, but they can lead to bias.

article thumbnail

Why HR And Finance Are The Perfect Playing Partners To Give You A Competitive Edge In The Business Game

Project Accelerator News

But how do you use the skills of two of your key players – HR and finance – to shape your business strategy, and avoid leaving success to chance? Here, Steve Berridge, Finance Technology Consultant at business software specialist The Access Group explains how staff who don’t bill can add value at every step.

Finance 52
Insiders

Sign Up for our Newsletter

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

article thumbnail

Operations Management: Key Functions, Roles and Skills

ProjectManager.com

Company resources, such as staffing, materials, equipment and technology, are all part of the optimization process of operations management. Finance & Accounting Accounting is all the financial transactions within a company. Beyond pay, there’s training, communication and staffing.

article thumbnail

How to Become an IT Project Manager

ProjectManager.com

If you’re looking to become an IT project manager, Jennifer Bridges, PMP, explains the job description, skills, qualifications, path and training involved. For clarification, she went on to note some unique aspects of the job, by detailing the skills and qualifications needed to work as an IT project manager: Technical management skills.

article thumbnail

What Is a Project Director? Role, Responsibilities and Salary

ProjectManager.com

Project directors are responsible for the successful conclusion of the project by providing leadership, strategically managing risk, monitoring finances and making sure that each phase of the project starts and ends on schedule. Create budget and monitor finances to ensure you keep to the budget. Review, approve or deny proposals.

Finance 281
article thumbnail

IT project management explained: How to run great IT projects

Planio

On average, IT projects come with more complexity and risk, and can quickly fall to pieces without proper due diligence, management, and leadership. with examples of IT projects) IT project management is the process of planning, organizing, running, and managing information technology projects. And that’s no simple job.

article thumbnail

14 Common Project Risks (+ more)

Rebel’s Guide to PM

This could be due to staffing levels or other projects being staffed instead due to higher business priority. External risks can occur due to a variety of factors, often caused by influences more outside of our immediate control. Lack of experience or training. Lack of resources. External risks. External risk examples: 4.

Risk 320