Cost Management Drives Project Success

For an effective project plan, it is important to address the parameters of “activity time” and “activity logic” equally. Rory Burke, found this logical relationship essential to model the effect schedule variance would have down stream in the project. Project Cost Management: It is defined as the “Knowledge Area” that includes the processes required to…

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Importance of Communication in Project Management

“Teach me and I will forget; show me and I may remember; involve me and I will understand.” – Understanding a project is the key factor which determines the success or failure of the project. Wrong understanding of the project purpose leads to project failure. Communication in project management is the essence of the project…

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The Art of Risk Management for Software Projects

Projects are prone to risks and software projects are no exceptions. Given the inherent nature of a software development life cycle (SDLC), exposure to risks is obvious. Throughout my career in the industry, handling different roles, my perceptions towards risks in a software project kept changing – ranging from a state of mind when I…

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