High-Tech Yuga

Insurance is a legal agreement between an insurance company and an insured person or business. The insured pays premiums to the insurer in exchange for financial protection against losses. Some types of insurance include: Life insurance Health insurance Education insurance Home/property insurance Motor/auto/vehicle insurance Travel insurance Insurance business case model: High level architecture:  

The Scaled Agile Framework (SAFe) is a set of organizational and workflow patterns for implementing agile practices at an enterprise scale. The framework is a body of knowledge that includes structured guidance on roles and responsibilities, how to plan and manage the work, and values to uphold. Scrum is a simple, flexible approach to adopting Agile that's great for small teams. SAFe is an enterprise-wide Agile framework designed to help bring Agile beyond the team and into the company as a whole. Scaled Agile has built a comprehensive level that includes all the four layers called the team, program, large solutions, and portfolio level. 4 Layers: Portfolio - Strategy, Vision, Roadmap, Strategy goal, Decision making, Budget, Portfolio level metrics,  Program - Align multiple teams towards a common mission, Bring together all the Agile teams, transparency, collaboration, and synchronisation, Scrum of Scrums, Product Owners to define the overall vision. Large Solutions - ar...

To calculate the key profitability margins and ratios, you'll first need three things from your income statement: Gross profit: Net sales - cost of goods sold (COGS) Operating profit: Gross profit - operating ‌expenses. Net profit: Operating profit + other income - other expenses. For example we are billing 25$ per hour to Software Developers and we are paying 20$ per hour to him. Revenue = 25$ Cost = 20$ Gross Profit = 25$ - 20$ = 5$ Company spending operating expenses to Software Developers are Insurance, Office supplies, Training and ect.. costs 2$. Operating Profit: 5$ - 2$ = 3$ Other income from the Software developer is 1$ and there is no expenses for him. Net profit: 3$ + 1$ - 0$ Net Profit = 4$ Gross Profit Margin = (Revenue - Cost)/ Revenue *100 Operating Profit Margin= (Operating Income/Revenue) *  ×100 Operating Income = Operating profit or operating income takes gross profit and subtracts all overhead, administrative , and other operating expenses. Operating expe...

A project risk register is a tool project managers use to track and monitor any risks that might impact their projects. Risk management is a vital component of project management because it's how you proactively combat potential problems or setbacks. Risk Description Impact Risk Response Risk Level Risk Owner Automation Testing Software licence delay Delay in starting testing and project schedule impact As we have one licence. Planned to start automation testing in 2 shifts. Planned to get one more licence in 2 weeks’ time. High IT team Frequent Disruption in dependency API services Delay in development of integration and unit testing Dependency API service is down, and the team is working on resolving the issue. Continuously working with API team High External Team/ Project Manager There is chance of new requir...

 Problems faced and How solved them As a project manager, they daily face different problems. He needs to solve them effectively. Refer my previous article on Problem Solving Skills .. Now we will go through the problems I have faced in my experience and how I solved them.    Problem 1:   Lack of accountability: A common reason for project failure.  A team member is not showing interest in taking accountability for the tasks assigned to him, not attending meetings, and not providing status updates to the lead. Solution: I had a discussion with the developer and lead, to whom he reports. He found that he focused on the negatives of the project. Started Encourage the team member to open his eyes to see what we are working on and why it's important to the client, organisation, and team. A culture of punishment can poison any seeds of creativity and innovation. So we started encouraging him, and once he met the goal, we promised him he would be nominated for an awar...

 Online banking business model canvas: Banking modules:

1. Why do you want to be a program manager? I love being a program manager as it means I get to connect new ideas with ways to use them in the real world. This job lets me combine my love of technology and management activities with my desire to work with stakeholders from different backgrounds in diverse teams. Being a part of interrelated projects from the beginning to the end and seeing how they improve people's lives is something that really motivates me.  I'm also very interested in this role because it gives me the chance to learn, develop, and solve complex problems while building a collaborative and supportive work environment. As a program manager, I really believe I can make a small difference in the industry and beyond. As I have over 3 years of experience in this role already, I, therefore, know being a program manager is the ideal fit for me, and a role I have much passion for. If you hire me, I will bring my enthusiasm, knowledge, and determination to your company...

  Daily activities of a program manager Planning Program managers plan and develop the inter related project idea. They also plan for change and risks across all projects part of the program Budgeting Program managers set budgets, scopes schedule and get approval from stakeholders, develop and control deadlines, budgets, and activities. Communication Program managers facilitate communication among a program's cross-functional team. They also manage stakeholder communications and reporting. Strategic guidance Program managers provide strategic guidance to the company's project managers and team have the visibility on the program vision and goal . They also collaborate with portfolio managers to make sure that their program plan aligns with their organization's program. Risk management Program managers apply Risk management process of identifying, assessing and controlling financial, legal, strategic, security and other risks of the program. He work with project managers on m...