Project Management

Lean Budget Guardrails: Definition, Advantages & FAQ in 2024

Controlling budgets for projects big and small can be challenging, even with the best project management software at your disposal. Unfortunately, budget control is even trickier when using scaled agile frameworks like SAFe. Lean budget guardrails in SAFe not only help you control your budgets but also improve customer value, throughput and your value stream....

By Brett Day — 27 May'24 Last Updated: 27 Jun'24
Facts checked by Simona Ivanovski

What You Need to Know About the CAPM Course: Meaning, Costs and Exam Tips in 2024

If a career as a project manager is calling your name but you aren’t sure if the Certified Associate in Project Management (CAPM) course and exam is for you, our guide will help. CAPM, which made our best project management certification roundup, will show everyone you have what it takes to lead teams and projects...

By Brett Day — 25 May'24 2024-05-25 10:48:08
Facts checked by Goran Nikolić

What Is the Halo Effect in Project Management? Definition, Psychology, Effects & Examples for 2024

The halo effect in project management doesn’t mean you have a team full of angels, nor does it mean you’re guaranteed the best project management career. Instead, the halo effect is an overly favorable evaluation of a team’s or person’s abilities. This may sound great, but it can often lead to disappointing outcomes. According to...

By Dan Ginn — 23 May'24 Last Updated: 27 Jun'24
Facts checked by Goran Nikolić

What Is Critical Chain Project Management in 2024? Meaning and Examples

When used with the best project management software, critical chain project management (CCPM) can help project teams manage resources, control scope creep, increase efficiency, and handle project constraints and risks. We’ll look closer at CCPM and explain why you should consider adopting it if you work in the manufacturing or construction industries. Below, we’ll introduce...

By Brett Day — 22 May'24 Last Updated: 04 Jul'24
Facts checked by Simona Ivanovski

What Is an Opportunity Canvas? Templates and Examples Explained in 2024

Project management is crucial for any project’s success, and using the right tools and frameworks can make all the difference. One helpful tool is the Opportunity Canvas, a strategic template that helps teams identify, assess and take advantage of new business opportunities. Creating them with the best project management software can greatly improve your business....

By Waricha Nitichareon — 22 May'24 Last Updated: 22 May'24
Facts checked by Goran Nikolić

Advantages of JIT (Just-in-Time) Inventory Management: Supply Chain Strategy in 2024

Every company needs a strategy and the best project management software to help with inventory management. Not using either can lead to excess inventory and spending. To avoid these pitfalls, many companies use the JIT (just-in-time) approach. In this article, we’ll explain what JIT is and highlight the advantages of JIT. Let’s begin with a...

By Dan Ginn — 22 May'24 Last Updated: 27 Jun'24
Facts checked by Simona Ivanovski

Zoho Projects vs monday.com in 2024: Project Management Features, Cost, Security & More Compared

Zoho Projects has come out of nowhere to challenge monday.com for the title of best project management software, but which of these two powerful platforms is right for you? Find out in our Zoho Projects vs monday.com comparison.

By Brett Day — 22 May'24 Last Updated: 22 May'24
Facts checked by Jasna Mishevska

What Is Portfolio Management? The Role of a Portfolio in Project Management in 2024

Project managers are often asked to find the best project management software for portfolio management. However, the term “portfolio management” is vague and can often apply to different sectors and fields. If you’re a project manager and want to learn more about portfolios, this guide will answer the question: What is portfolio management? Before we...

By Dan Ginn — 21 May'24 Last Updated: 21 May'24
Facts checked by Goran Nikolić

The Difference Between Risk vs Issue Explained for Beginners in 2024

The terms “risk” and “issue” can be confusing in project management. At its core, a risk is an event that may negatively impact a project, while an issue is a problem actively affecting a project. However, this is just the surface — we’ll dive deeper into the differences between risk vs issue and offer guidance...

By Waricha Nitichareon — 20 May'24 Last Updated: 26 Jun'24
Facts checked by Igor Kurtz

Product Owner Career Path in 2024: Roles, Duties and Salary

Working as a product owner is very rewarding. It gives you the opportunity to bring software products to life and satisfy the end user’s needs. What does the product owner career path look like, though, and how do you get there? We’ll explain all of this and more. Additionally, our article on how to prepare...

By Dan Ginn — 20 May'24 Last Updated: 26 Jun'24
Facts checked by Igor Kurtz