digitalmohini-blog

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The Principles Of Project Time Management

Improper time management is the cause of a majority of project failures. In an environment where up to 75% of projects fail to finish on time and within scope, the need for proper time management becomes even more crucial. Need help managing your project time? Here are some project time management principles to help you out!

1.  Understand the time requirements: Simply agreeing to the deadlines set by the project owner is not sufficient. One needs to understand the time requirements for a project themselves by taking a good look at the project, what it entails and what will be required.

2.  Remember to include buffer time: Buffers are required to protect the project from variability and thus are essential for timely completion of projects. The ideal buffer time is half of the critical chain, which is the sequence of processes required for project completion. Excluding a buffer leaves the project open to uncertainty which leads to delays and losses.

3.  Identify the critical chain: This is a crucial part of time management. Identify the sequence or sequences of projects that need to be completed to finish the project and that is your critical chain. Subordinate all other processes to the critical chain and protect it from variability with the help of a buffer.

4.  Maintain shorter review cycle intervals: No project should be complete without a review cycle which is why one should be implemented ASAP. The faster the feedback cycle, the faster the changes can be adopted. A continuous feedback loop also means that one can correct their mistakes as they go along instead of waiting for the project to end before accepting feedback.

5.  Learn how to compress time: Avoid wasting time on non-essential procedures and focus on what is important. Instead of wasting time on fruitless meetings, ensure that they are shorter to work can actually be done.

6.   Avoid duplication of tasks: Mapping out your project means that one can see where task duplication can occur and eliminate it. Task duplication is a waste of time and resources and one should avoid it at all costs.

7.  Avoid multitasking: If there is something to be avoided more than task duplication it is multi-tasking. It just ensures that none of the tasks being worked on is completed on time or adhere to the quality requirements.

Learn to plan in advance: Project time management without advance planning is extremely foolish in the extreme. Plan out everything in advance, use spreadsheets or software, but planning is a must. Every project member should have a set of tasks they are supposed to work on with the critical chain tasks given maximum priority. This will also help in setting boundaries and creating rules for the team.

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Overworked Supply Chain? Here Is How To Ease The Burden!

That supply chains everywhere are feeling the strain is no secret. The rise of e-commerce and the expansion of the global economy is making businesses feel the need to upgrade their supply chains and driving them to engage with supply chain management consulting firms. Businesses, no matter the industry they are in, are on the hunt for competitive advantages in this scenario and those which are not ready to evolve rapidly are getting left behind as the innovative solutions of today become the industry standards of tomorrow. Businesses must adapt and implement strategies that improve their efficiency, scalability and customer value. With so much riding on the implementation of these solutions, it is no wonder that organisations find themselves overwhelmed and unsure about where to begin. In such situations focussing on the following can help.

Last-mile delivery: The advent of newer analytics and data technology can help businesses of all sizes to master last-mile delivery without going over-budget. In fact, last-mile delivery is fast making itself one of the industry’s most crucial improvement aspects. This means investments in better tracking tools and better courier matching.

Real-time tracking: Anyone who has shopped online knows how important shipment tracking is. Customers these days expect real-time tracking to be a given from the moment of ordering to the moment the shipment arrives. Investing in better supply chain and logistics networks do a two-fold job of meeting customer transparency needs while providing help with coordinating complex supply chains. Reduced theft is another benefit that businesses get from implementing real-time tracking as each unique item is given an asset tag. This way if a certain aspect of one’s supply chain is observed to have the most disruptions, businesses can implement higher security measures.

Robotics and artificial intelligence: Smart technology in the supply chain is the next big thing and it is not restricted to artificial intelligence alone. There are quite a few companies that now rely on robotics in their warehouses for tasks like packing, palletising and transporting goods. These smart techs are helping organisations reduce risks and increase efficiencies.

Network analysis: Unfortunately no network is completely foolproof and over time these leaks can prove to be a significant detriment to the success of the business. Network analysis can help businesses plug these leaks and provide them solutions on how to fix the same. This further results in increased customer satisfaction and faster, error-free deliveries.

So if your business is experiencing supply chain issues or overburdening, then reach out to your supply chain management consulting firm and get help with implementing these solutions today. Your business will thank you for it.

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The DMTI, a leading Digital Marketing Training Institute located in Mumbai offers Full-Time and Weekend Digital Marketing Courses to freshers as well as working professionals.

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At VoxPop, we love pop culture as much as you do and that's what we're all about. We're here to celebrate fandoms big and small by being the voice of iconic pop culture in India. It's quite true to our name, don't you think?

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At VoxPop, we love pop culture as much as you do and that's what we're all about. We're here to celebrate fandoms big and small by being the voice of iconic pop culture in India. It's quite true to our name, don't you think?

[digitalmohini-blog]

At VoxPop, we love pop culture as much as you do and that's what we're all about. We're here to celebrate fandoms big and small by being the voice of iconic pop culture in India. It's quite true to our name, don't you think?

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Whether you’re planning a long overdue makeover or simply staying keeping up with the trends, you need to know what’s hot and what’s not. With interior design changing rapidly from one year to another, here are a few trends that we feel are here to stay.

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The monsoons are nearly here and while that means a relief from the stifling heat and unrelenting humidity, it also means overcast days, constant rain and an overall sense of gloom.

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Men’s T Shirts India - Shop Half Sleeve, Full Sleeve T-Shirts, Superheroes Men’s T-Shirts & Tee at VoxPop.com. Fast Delivery, Official Merchandise, COD.

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Space-starved modern homes and the desire to play with mood lighting isn’t an unrealistic expectation.

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Speaking of switch sockets – those ubiquitous installations which adorn the walls in your projects and which all of us take for granted – do you know that they can go beyond the normal trait of being just functional?

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