Posts Tagged ‘successful project management’
6 Skills of an International Project Manager
Estimated reading time: 5 minutes Today a lot of people are under the designation of International Project Manager but there are very few of them who are successful and doing justice to the role. As project managers advance in their career, their role becomes more complex and demanding. In order to survive in this…
Read More5 Tips for Successfully Managing Project Costs
Estimated reading time: 5 minutes When planning and managing for project costs, several factors come into play and the ability to successfully manage them will improve the chances of project success. While the 2 most common factors that lead to project delay and increased in project costs are design errors and scope change, there…
Read MoreTypes of Joint Ventures: Incorporated and Unincorporated
Estimated reading time: 5 minutes In the oil and gas and petroleum sector, international joint ventures are very common. A joint venture is an alliance in which two or more companies, individuals or organizations operate jointly owned properties. Most companies are willing to take partners for large-scale investments in high-risk oil and gas ventures for…
Read MoreManaging Project Costs and Budget
Estimated reading time: 4 minutes To a project manager, cost management is a vital responsibility. A project budget is the total sum of money allocated to achieve particular goals of the project for a specific period of time. To successfully carry out a successful project, here are the 4 success criteria: Project’s scope is…
Read MoreUnderstanding The Impacts Of Poor Risk Management On Project Performance
Application of effective measures for auditing project performance is the key to any project’s success. There are several ways to track a project’s progress, making sure it is on time and within budget. One of the many approaches includes forecasting, risk management strategies and auditing. Risk management is built into the audit process as…
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