Monthly Archives: September 2022

The outbreak of the COVID-19 Corona Virus pandemic has brought significant disruptions across all industries. It has brought changes to our entire lifestyle. The pandemic has changed many things, including how we work, with work from home emerging. Amongst the many changes that have taken place, some changes have also occurred in project management. If you are a young project management aspirant, you must have the proper educational qualification. In line with this, you need to be PMP certified; if not, you must look for the best PMP exam prep course to enable you to be PMP certified. However, apart [...]

There is no denying the rapid emergence of gig economy platforms. But, more impressive, they have created diverse job opportunities for professionals across various fields. It has done this by connecting freelancers with businesses that favor a pay-per-task basis. For example, the latest research reveals that 84 % of hiring managerial jobs in the Asia Pacific are outsourced to freelancers. For employers, the primary motivation behind the new trend is the decreased labor cost that comes with it. Therefore, businesses can save a substantial amount concerning unemployment benefits or allowance expenses. But the challenge is that when the short-term contract [...]

The success of any project depends on many factors. However, out of the many factors determining its success, Project cost management is vital. As a project manager, it is expected that you will keep all project costs under control and meet the targets. Therefore, you must keep a close watch on cost budgeting in project management . Let us take a look at the top 3 project cost management best practices Vendor acquisition and management in project management Not all projects indeed require outside vendors. However, you need to note that when they do, you might not have considered the risks [...]