Project Management
3 aspects to consider when compiling a project budget
Explore Celoxis’ project management software strategies for precise cost planning and successful project execution by tackling budget challenges head-on.
Insights for modern project and portfolio leaders
Practical guides on resource planning, project delivery, capacity management, and PPM strategy.
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Leadership
4 Effective Ways To Increase Accountability And Reduce Finger Pointing In A Team
Managing a team has many challenges, two of which are the issues of accountability and finger-pointing. Accountability itself is often confused with responsibility. Here is a simple difference between the two terms. A person who is responsible is the one who completes a task, while a person who is accountable is the one who must answer to the authority. Therefore, when someone completes a task, he or she is considered “responsible.” However, he or she might not be the person who is accountable, because the accountable person is the one who must respond to the authority. In a project, the ultimate authority is the sponsor. Depending on the task, the authority to whom an accountable person must answer to varies. For certain individuals, being accountable can be something new and frightening, which would very well lead to finger-pointing. A good project manager acknowledges the possibility of such happening and will do the best he or she can to ensure accountability is well respected in every task.
Productivity
Project Management Principles to Improve Work, Life, and your Mental Health
Isn’t it lovely to hear work-life balance examples such as that of Tamara Budz, the founder of Silver Shade Group? Her idea of maintaining an equilibrium between work and life is ensuring that she eats with her family. Or take, for instance, the founder of ReputationManagement.com, Bill Fish. He strictly divides his work and family time. Bill doesn’t cross the divide until his kids head …
Agile
3 Key Drivers of Organizational Culture in the Age of Digital Transformation
By the End of 2018, at least 40% of Organizations Will Have a Fully Staffed Digital Leadership Team Versus a Single DX Executive Lead to Accelerate Enterprise-wide DX Initiatives. (Source: IDC) With enterprises looking to accelerate their digital transformation journeys, the pace of change could be unsettling for organizations. Organizational culture can be seen both as a proponent and as a by-product of change. This …
Productivity
5 Workplace Resolutions for Being Effective In 2024
The year-end holidays are a good time to wind down and recharge your batteries. It’s always good to reflect on the year has gone by and make plans for the new year. On the personal front, people make resolutions for better health and fitness, better control on finances, exotic vacations and so on. I think it is important to make some resolutions on the professional …
Productivity
5 Simple Steps to Good Decision Making
An average adult makes about 35000 decisions a day. If one had to summarize a day at work, it would something like: Decisions, Decisions, and Decisions! In fact, a manager’s competency is measured by the quality of decisions made and the outcomes achieved. As you go higher up the ladder, decision making is all you do and every decision is crucial. I have read that …
Productivity
What Is Growth Hacking and How to Use It in Business
As time passes, more and more people are getting interested in the concept of “growth hacking”. The term “growth hacking” has become a buzzword for the entire IT community. Moreover, it’s very noticeable that the popularity of the term has increased over the last few years. Different authorities are constantly bombarding the market with new growth hacking strategies, experiments, and techniques. But the term still …
Productivity
Being Productive is a State of the Mind
The context of productivity has gone through a world of change in the last decade. Companies were following the traditional manufacturing through the process of measuring resource output against hours. That’s the productivity formula anyway. Today productivity means a lot more than just more done output per resource. Productivity has evolved into a more holistic concept with a focus on collaboration, process innovation, and business outcomes.
Project Management
INFOGRAPHIC: 5 Reasons Why You and Your Project Team Should Be Tracking Time
INFOGRAPHIC: 5 Reasons Why You and Your Project Team Should Be Tracking Time
Work Culture
Dealing with Distractions at the Workplace
That the human race is battling with distractions is an understatement. A popular NYC restaurant reviewed their surveillance videos from 2004 and 2014 and found a staggering difference in the average time it takes to service a customer. Following their research, they found that the average time that a customer spent in the restaurant from start to finish in 2004 was 1 hour and …
PPM
Your Key to Success in the Business World
Project Portfolio Management (PPM) is a process which is engaged by Project Management Organizations (PMOs) to study the potential outcomes (return) while doing a project. Project Portfolio Manager goes through all the areas of data regarding the project and provides detailed business analysis for companies planning to invest in projects.
Leadership
3 Tips for Becoming an Effective Mentor
Seasoned project managers will tell you that people always come first in the mix. They focus on honing their leadership skills and develop an ability to bring a group of diverse people to come together and work towards a common goal or purpose. Over a period of time, they are not seen just as managers anymore, but as leaders, guides and mentors.
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The platform
See how Celoxis helps PMOs turn portfolio data into better decisions.
Portfolio dashboards, capacity planning and project financials in one place — with the governance trail your finance team asks for.