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Apr10
Organizations take on risk when they do not know their customers, employees and vendors. According to the Association of Certified Fraud Examiners 2009 Report to the Nation on Occupational Fraud and Abuse, “U.S. organizations lose an estimated 5 percent of annual revenues to fraud.” Fraud goes beyond a quantitative dollar amount. Fraud can do additional damage because of the potential regulatory sanctions and loss of trust and reputation in the marketplace. Read the rest of this entry »
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Feb28
Project Management Glossary
Filed under: Project Management; Tagged as: PRINCE2, Project Management Glossary, Risk management, Six SigmaAgile software development is a set of fundamental principles about how software should be developed based on an agile way of working in contrast to previous heavy handed software development methodologies.
Aggregate planning is an operational activity which does an aggregate plan for the production process, in advance of 2 to 18 months, to give an idea to management as to what quantity of materials and other resources are to be procured and when, so that the total cost of operations of the organization is kept to the minimum over that period. Read the rest of this entry »
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Dec10
To be successful in today’s competitive world, managers must manage change effectively, and also deliver results on time and within budget. Project management gives you the structure and tools to do this. Read the rest of this entry » -
Oct28
In today’s world, we are faced with many uncertainties and possibilities in our lives. While we often anticipate the best outcome, there are times where certain unfortunate incidents can and may possibly occur. While most of these series of events are beyond anyone’s control, what we can do is undertake the relevant risk management activities. Read the rest of this entry »