When asked, senior corporate leaders will say that they care about business process management, but statistics don’t bear this out. A BPTrends State of The BPM Market – 2020 survey of 129 predominantly European and American companies revealed that about 50% of participants were interested in process work. Yet only 40% of those positive participants …
Do Your Senior Leaders Care about Business Process Management? Read More »
Are you prepared to handle any unforeseen project risks that may arise? To begin with, project risk management is the practice of preventing or minimizing project risks from occurring and impacting a project. Risk management is the systematic process of identifying, analyzing, and responding to project risks. For project managers, having a well defined and …
Four Key Elements of Risk Management Implementation Read More »
Have you and your team recently been impacted by scope creep? Scope creep can be a major set back to your finalized project plans, and some stakeholders have a difficult time recognizing when and where scope creep occurs. It’s pretty common; in fact, 52% of companies face scope creep challenges. It greatly impacts your ability …
5 Helpful Strategies to Manage and Avoid Scope Creep Read More »
Are conflicts getting in the way of your team’s project success? Just when you think everything is going as planned, one small, unexpected error can affect the overall workflow of your project. Such errors are more likely to occur, especially with the increased stress and anxiety induced by the pandemic, created from miscommunication among team …
Whew… we made it through 2021. The many challenges that 2021 brought to organizations across the globe, we can all agree that our project planning efforts for the year ahead are going to better account for operational variability. With this in mind, it’s important to reflect on the five key takeaways that we at BDM …
2021 in Review: 5 Key Takeaways for the New Year Read More »
Resource allocation in project management is the scheduling and planning of the resources required within the scope and budget of projects. With a comprehensive and well-defined project management allocation and budget, you can better maximize project success and forecast your capital to better hedge against unexpected risks. However, being strategic about how to properly allocate …
Are Resource Allocation Best Practices in Your 2022 Outlook? Read More »
COVID-19 and the shift to a work-from-home/hybrid work model has resulted in a “new normal,” in which organizations like yours face new and unique challenges in how they plan, manage, and oversee projects. Ask yourself this question: Is your management team ready to take on all the projects in your new work model? Hard to …
Why to Consider Project Management As A Service in the New Normal Read More »
Modern technology has enabled the world to feel local. Today’s companies and organizations stretch beyond their own borders for growth opportunities and to take advantage of cost effective and emerging talent. Although new and exciting prospects abound as a result, so do new and unique challenges. With offices in both the United States and Bermuda, …
Companies in the Life Sciences industry, such as medical device manufacturers, pharmaceutical companies, and biotech companies serve a higher purpose than most commercial endeavors. These industries are heavily regulated by national and international governments and agencies such as the US Food and Drug Administration and the European Medicines Agency. One small oversight or mistake can …
Having the right manager for your construction, functional or mechanical project can make or break your operation. These projects have many moving parts and just as many opportunities for derailment due to escalating costs, unpredictable finish dates, and poor communication, just to name a few. BDM Squared’s consultants and project managers have seen and learned …