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

ProjectManager.com

Coming up with long-term goals for a business or organization is just the beginning of a five-year project. A balanced scorecard is a strategic management performance metric. It’s a common management tool worldwide, used across industries, including government and nonprofit organizations.

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Exploring the differences: Projects vs operations examples

Rebel’s Guide to PM

Projects and operations are both necessary for businesses to succeed, but they require different approaches. When it comes to managing them effectively, understanding the differences between projects and operations is key. Projects change the business. The status quo is good but project managers keep changing things!

Retail 411
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Strategic Project Management: Planning Strategic Projects

ProjectManager.com

Projects are often viewed as standalone events. Projects are often part of an organization’s larger goals and objectives. Strategic project management understands this. What Is Strategic Project Management? It views a project through the lens of how it connects to the overall strategic plan of the company.

Planning 399
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The Move to Product Thinking is Gaining Momentum

Scrum.org

This setup allows our team to make instant changes to the website, introduce new products, or publish a blog with the potential to reach thousands of people. We have found, like many organizations, a good way of looking at this complexity is through a product lens. I discussed the trend of work vs value in a webinar on the subject.

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How to Build and Implement a Project Strategy

ProjectManager.com

Every project is different. Project strategy is the plan that defines a project, which is why project management strategy is so important. To better manage projects, one must clearly understand project strategy, who’s responsible for it in the organization and the steps to create a project strategy.

Budget 376
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What Is IT Management? Why Is IT Important for Businesses?

ProjectManager.com

Information technology (IT) is what keeps the modern world running, which is why IT management is so crucial to business. For too many, IT is a mystery and IT management isn’t even in their vocabulary. We’ll explain these two terms, explore the various aspects of IT management and why it’s so important to businesses.

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Enterprise Environmental Factors in Project Management

ProjectManager.com

Projects aren’t executed in a vacuum. It’s easy to get lost in the planning and execution as these are foundational processes that help deliver successful projects. However, you can’t forget the context of the project, which is what enterprise environmental factors (EEF) cover. What Are Enterprise Environmental Factors?