High-Tech Yuga

Lessons learned in Project Management Lessons learned (it may be +ve or -ve) in project management are the knowledge gained during a project that can be used to improve future performance. Lessons learned are documented with solutions to provide future project teams with information that can increase effectiveness and efficiency. Every project manager should be well aware of the impact lessons learned can have on the current and future projects. However, despite knowing the value of lessons learned, not everyone makes full use of them.  The lessons learnt documented using below process flow: 1) Identify: Identify comments and recommendations for use in future project. This is usually done through a project survey that is sent out to all team members. Various questions connected to a project help the participants share their lessons learned.  2) Document: Document and share the findings 3) Analyze: Analyze the finding and find the solution 4) Store: Store in a repository 5) Ret...

A day in the life of Project Manager What project managers do is the million-dollar question, as there is no definition for this. Assuming the project is in the execution phase, we can arrive at some activities that need to be performed by the project manager on a daily basis. "Planning the day" is an important task for a manager. 1) Ensure the project is on track based on six constraints (scope, time, cost, quality, risk, and resources). 2) Manage stakeholder expectations. 3) You need to check the email and respond to it; if required, convert it to an action item. 4) Involve in daily scrum meetings to help the team with the issues they are facing (mainly assigning and tracking tasks). 5) Reporting to higher management on status updates 6) Based on KPI's evaluation of the process followed in the project 7) Involve in practice-level activities (pre-sales, proposals, estimation, hiring, and attending meetings). 8) Monitoring metrics.

Today is the era of fast-paced world and competitive world. Companies are realizing that the old sequential approach to developing new products won’t get the job done and product can’t be reached to market when compared to competitors. The 4 stages of product development are as follows – R&D, Growth, Maturation, and Decline. Instead of sequential approach, companies are using holistic approach – as in rugby game, the ball gets passed within the team as it moves as a unit up the field. This holistic approach has six characteristics: 1)     Build-in-instability 2)   Self-organizing project teams 3)   Overlapping development phases 4)   Multi-learning 5)   Subtle (very clear and strong) control 6)   Organizational change to explore and learning The above six characteristics forming a fast and flexible process for new product development with advantage of act as a change agent, creative, market driven ideas, flexi...

A request for proposal (RFP) is a document that solicits proposal, often made through a bidding process, by an agency or company interested in procurement of a service, product to potential suppliers to submit business proposals. The RFP specifies what the customer is looking for and describes each evaluation criterion on which a vendor's proposal will be assessed. An organization can benefit from multiple bidders and perspectives when seeking an integrated solution calling for a mix of technologies, vendors and potential configurations. Standard RFP process: An RFP generally includes: Overview About issuing organization Issuing organization's vision and Mission Information Technology organization Model Testimonials Line of Business (LOB)  Relevant past experience and performance Testimonials from past clients Project Overview Define project goal and needs Technical Approach Samples of your work Contract Details Timelines Quoted cost of the project Tentative project plan with...

A program is a group of related projects managed in a coordinated manner to obtain benefits not available from managing them individually. Program management is the application of knowledge, skills, tools and techniques to meet program requirements. Organizations with mature program management are far more successful than those without it. Program managers oversee the fulfillment of larger organizational goals. They coordinate activities between multiple projects without directly managing them. Instead, they manage the main program, giving detailed attention to program strategy, project delegation, and program implementation. When an organization receives lot of customer requests having hard time to managing this required a Program Manager. As an e-Commerce program manager manage and facilitate below: e-Commerce program manager facilitates: Website planning Content production Social media marketing, event management Product Information System Digital asset management Blogs Managing sho...