Month: January 2022

Scrum Master vs Product Owner: Can They Both be the Same?

Unlike project management which has a long history of documentation and evidence describing its methodology in detail, the discipline of product management is relatively new. Product management is slowly gaining popularity in the past 20 years, with new knowledge and experienced product managers elaborating and documenting its principles. The roles and responsibilities of a product

8 Sectors in which Blockchain is Expected to Grow in Future

Blockchain The innovative technology of Blockchain is starting to change the way modern organizations are doing business nowadays. With the emergence of cryptocurrencies like Bitcoin and Ether, the global economy has started taking note of the technology it is based on, which is Blockchain. By its definition, Blockchain is a decentralized system of distributed ledgers.

Types Of Stakeholders In Project Management

A project cannot be carried out by a single individual. Irrespective of the size of the project, several individuals and organizations are involved in performing project-related tasks. Such individuals and organizations are defined as stakeholders. To accomplish the goals and objectives of a given project, project managers are necessitated to understand their relationship with stakeholders.

How to Write a Project Status Update Email to Manager

Status Updates on a Project are a common feature in every workplace. They give details regarding the progress of the project carried out by the team, budget updates, completion status, and so on. Project managers and stakeholders of the project often request status updates of the project. This can be achieved in the form of

6 Ways to Forecast on Project’s Budget

Project Management The 7th edition of the PMBOK Guide specifies the performance domains that can be used to measure the success of the project. These domains specify various metrics for evaluating the success rate of the project. The metrics play a crucial part while carrying out each project activity. Without these domains, project professionals will

How to Write Minutes of Meeting

Meetings are an essential part of every organizational operation. Whether in a large corporate or a small start-up, meetings are a common feature. These meetings help in assessing the current market trend, financial position, risks associated, and other topics related to the various activities of the business organization. Recording and documenting these meetings are equally