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Cost of Quality (COQ): A Quick Guide

ProjectManager.com

But we’ll also discuss the cost of good quality vs. the cost of poor quality and show you how to measure COQ. It’s also not just forecasting the impact of poor quality but the expense of audits and maintenance that comes with delivering a quality product or service. What Is Cost of Quality (COQ)?

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A Quick Guide to Business Process Mapping

ProjectManager.com

That guide is called business process mapping. An Overview of Business Process Mapping. Business process mapping means defining what a business does, who is responsible for what, what is the standard for completing that process, what tools will be used and how the success of the business is determined.

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What Is Organizational Strategy in Business? (Examples Included)

ProjectManager.com

It’s not only communicative but helps management develop strategic plans so the company can accomplish its goals. Differentiation: Here the company focuses on developing and marketing products that provide greater value rather than cheaper costs for the customer.

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Measuring the Project Management Maturity of Your Organization

ProjectManager.com

This requires an organization with a well-developed project management process. That’s because the project teams involved with these successful projects follow a defined and repeatable process, which mitigates risk and achieves objectives. It’s essential to keep projects successful for any organization to thrive.

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What are the Risk Management Roles in Projects and Programs?

Project Risk Coach

Having designated risk roles ensures that significant risks receive attention and allows everyone on the team to focus on completing the project successfully. First, sponsors develop and cast the project’s vision, including goals , risk appetite , and risk thresholds. Project sponsors have several responsibilities. Click Here Now.

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How to help Scrum Teams embrace self-management

Scrum.org

Embracing self-management can be challenging for teams transitioning to Scrum. Taking direction from a manager or team leader is easier in some ways—just do what you’re told to do. Most often, though, teams moving to self-management find it infinitely more satisfying. Developing the team’s sense of purpose is also essential.

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How to Create a Team Charter (Example Included)

ProjectManager.com

Just as a project has a charter to define its scope, so too must your team have a charter to put their work in context. Teams need to know the who, what, why, when and how of the project, and a team charter is the perfect way to feed them that information. Let’s explore how to put a team charter together.