WBS Dictionary A WBS Dictionary is an element of the Work Breakdown Structure (WBS) that gives detailed information about each project task. It forms an important part of project scope management along with the project scope statement and work breakdown structure. The three components combine to give the project scope baseline for the projects, without
Quality management requires professionals to analyze statistical data to formulate meaningful solutions for the problems at hand. Minitab is a statistical software package that makes the work easier and faster for quality management professionals. Six Sigma professionals rely on the flexibility of Minitab to identify the problems in the business process and improve them accordingly.
The rapidly growing economy has brought the focus on systematic and planned supply chain management practices to deliver quality goods and services to the consumers. Organizations worldwide are striving to streamline their business processes. And deliver projects at the right time and place that meets the needs of the stakeholders. This is where effective logistics
Total Quality Management or TQM for short is a process improvement methodology that helps organizations aim for improving the quality of their products and services in the long run. It provides policies and techniques to develop effective strategies that are suitable for the continuous improvement of various processes in the business enterprise. Organizations that want
General Data Protection Regulation (GDPR) The General Data Protection Regulation (GDPR) was enforced in May 2018. GDPR was initially implemented in 2016 wherein, organizations were given a 2-year grace period for applying the regulation. The regulation was then launched by European Union to protect the personal data of their citizens. The data protection laws designed
CISSP and CISM Certifications have gained popularity immensely over the years. Several individuals in the field of IT Security opt for either of the two credentials to grow in their respective careers. According to a recent survey it was observed that there are over 100,000 individuals who own CISSP Certification and over 40,000 plus individuals
Statistical Data Analysis Quality management professionals are responsible for identifying and interpreting statistical data to improve the various business processes of an organization. These professionals, though trained and qualified to achieve the organizational objectives need statistical data analysis tools or software like Minitab to make their work easy and accurate. Statistical data analysis is one
Technological advancements have necessitated businesses to safeguard their data from cyber threats and use data security practices. In the pandemic years alone, several organizations have witnessed unique cyber threats that have cost them millions of dollars. This has compelled businesses to stay up to date with the rapid changes in technology and embed best data
In the world of project management, there is constant evolution and transformation of one methodology into another. The combination of traditional and agile methodologies has given rise to the hybrid model of project management. In the same way, the Scrumban methodology is a hybrid of two agile project management methodologies of Scrum and Kanban. While
Every organization that has a digital presence is required to mention its data privacy policy and it is important. Such policies describe in detail about the usage of data collected from customers in terms of data transfer and data security. There have been numerous incidents of data breaches which has resulted in the payment of
