Budgeting & Cost Control

Cost is usually one of the first questions that come up in any project. Making a project budget is an important part of any project management. Various things are there to take into consideration while calculating a budget for the project like employee cost, software expense, necessary equipment purchase, etc.

Project budgets are a reflection of project work and the timing of that work. A comprehensive budget provides management with an understanding of how the budget will be utilized and expended over time for projects.

A report says, "55% of project managers cited budget overrun as a reason for project failure."

Read the full Article at Orangescrum Tutorial page

The Artificial Intelligence (AI) Powered Project Manager

Automation, Big Data, Machine Learning & Artificial Intelligence has been creating a lot of fuzz the world over for the last couple of years. Organizations are in a race to outdo their competition & generate maximum benefits of being early adopters.

Machine Learning & Artificial Intelligence have found wide range application starting from automotive, information technology, transport & logistics, construction to business functions such as HR, Sales, Customer Support and Project Management.

The internet is flooded with artifacts & evidence highlighting their individual as well as combined impact on the human life. Artificial Intelligence is the most talked about of this lot & reflects the power of the human brain & its prowess. We are anxious and excited at the same time of how it would manifest in reality and how consequential would be the impact on various aspects of our life – profession, health, society, culture & security.

Read The Full Article on Orangescrum Blog

Dos and don’ts for a Project Manager

 Project managers are the backbone of the day-to-day running of many businesses. They are at the forefront of bring out the best from the people, process and technology at their disposal. From managing organization resources, defining procedures to keeping them all relevant, a project manager must plan and organize every aspect of the project, while also motivating everyone involved. In the end, effective project management means successful projects.

Study says, “80% of high-performing projects are led by a certified project manager”.

Project Managers are working harder than ever before to adopt and work with more knowledge, tools and technology available to them. The rapid changes of the business world, increased competition, technology advances have raised the bar for all project managers. Average would not cut it anymore!

With the added uncertainty, Project Management can turn out to be stressful. But then there is always scope for consistent improvisation, effectiveness and going beyond the traditional ways of running projects.
 

Read the full Article at Orangescrum Tutorial page 

Orangescrum Product Update New ‘User Role Management’ Feature For Cloud Edition

Hello, Orangescrummers, we are here with an update for all our cloud users. Orangescrum has released the new ‘User Role Management’ feature for its Cloud edition.

Today's project teams are more interconnected and collaborative than ever. When you work with teammates who have different perspectives, roles, expertise, and skill sets, the quality of the work you perform together improves.

Successful projects are always the consequence of careful planning and execution of a project's team members. Projects can't move forward without each of its key team members, but sometimes it's not clear what roles and responsibilities they are portraying. Ultimately, work can get messy-fast.

Hence, it becomes vital that project leaders must invite the right people at the right time. 

Read The Full Article on Orangescrum Blog

The Future of Project Management Technology

Rapid technology improvement ensures increased efficiency and higher productivity in every business whether it is small or large. Here we will see how technology is scaling our business and project management in an altered way and what the future plans are. So let’s move; 

Basically, project management is an applied science that doesn’t have any dimension. But yes, it has a dimension that is carried by factors of computational and managerial skills. But the question is what the future of project management holds?

Essentially, a project is a process that is meant to complete a service, a goal or product within a fixed budget, time, and resource. In earlier days, projects had to be managed at any cost to be completed. But there was no certain management process that was discovered to manage the process and projects. This was the biggest issue for which the managers and the entire organization had to face a lot.   

Read The Full Article on Orangescrum Blog

Communication – Your Antidote to Project Stress! Orangescrum Tutorial

You can never put a value on Communication or the lack of it. Simply put it is invaluable and outright precious to every sphere of your life. More so when it comes to your work and professional success.

Take a quick walk down memory lane and you will find lot of those small incidents that could have turned better or changed decisions in your favour. It can be as simple as getting buy-in for your idea, saving a friendship or winning that big deal you have worked tirelessly for.

So what is it about communication that makes it so crucial for us irrespective of who, what and where we are?

From my experience, there are 4 specific elements that must be attended to in all our communications. 

1.       What?

You should be absolutely crystal clear in knowing “what is that you wish to communicate”. One must accord that extra care in segregating the emotion and the facts in your communicationto ensure the point is well received. Else emotions will generate a further emotional response thereby diluting the facts & defeating the very purpose of your communication.

It is furthermore important to be very concise and crisp with no beating around the bush and neither keying in info that can be shared at a later stage.

Read the full Article at Orangescrum Tutorial page