Overview Agile project management takes the form of an iterative approach to managing projects, emphasizing continuous improvement, flexibility, and collaboration. While the Agile framework was initially developed for software development projects, it has been successfully applied to various industries and functions, including manufacturing and marketing. It was developed in the 1990s as a response to …
The Project Management Institute (PMI) is a nonprofit organization for project management professionals with members worldwide. Founded in 1969, it has grown to become the world’s leading association for project management. The PMI has over 3 million members and has issued its respected credentials to members in over 185 countries. In 1969, months of conversation …
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The Cost Performance Index, or CPI, provides insight into the accuracy of the predicted project cost and is a measure of cost efficiency. In basic terms, the CPI shows how well the project is sticking to the planned budget. It’s one of many key metrics used in Project Management. The CPI formula is defined in …
Green supply chain management – GSCM – integrates environmentally sustainable practices throughout the supply chain. It includes the design, production, delivery, and disposal of goods. “Green” is a common term for eco-friendly strategies and initiatives to minimize adverse environmental impacts. Both production and distribution of goods cover many activities leading to these potential negative impacts, …
