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Learn a lot more about project management
Thurman Co is here to help educate and advise you on all things project management related.
What is Agile Project Management?
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
An Introduction to the Project Management Institute (PMI)
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
What is the Cost Performance Index (CPI)?
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
What is “Green” Supply Chain Management?
Green supply chain management – GSCM – integrates environmentally sustainable practices throughout the supply chain. It includes the design, production, delivery, and disposal of goods.
What are the advantages of the Critical Path method?
The critical path method (CPM) is a project modeling and scheduling technique for large or complex projects. It was developed in the 1950s by analysts
What is Industry 4.0?
Industry 4.0 concepts and technologies can be applied across all types of industrial companies, including discrete and process manufacturing, as well as oil and gas,
What metrics are used to measure suppliers?
Communication between buyers and suppliers is critical to ensuring high-functioning and transparent relationships. A Supplier Performance Scorecard is a convenient tool allowing suppliers and buyers
10 Project Management Terms You Should Know
Whether you’re just getting started in the field of project management or need a refresher course, here’s a list of common project management terms, with
CHIPS and Science Act Q&A
What is the CHIPS and Science Act? The Creating Helpful Incentives to Produce Semiconductors and Science Act of 2022 (CHIPS Act, or CHIPS and Science
Types of Project Life Cycles
The PMBOK Guide – the cornerstone of the Project Management Professional (PMP) certification offered by the Project Management Institute (PMI) – defines the project life
AS9120 Work Transfer
What do we mean by “Work Transfer?” Aviation, Space & Defense companies continuously change the source of supply or manufacturing of a component, a component
Change Management Fundamentals
Businesses must constantly adapt and evolve to meet anticipated and unexpected challenges. These challenges may come from technological changes, competition, laws and regulations, or economic
Resource Management Tools &Techniques
What is Resource Management? Resource Management is a crucial aspect of Project Management. During any project, resources must be managed, including staff (human resources), equipment,
Supply chain risk management and risk awareness
Supply Chain Risk Management (SCRM) is the process of identifying risks, assessing them, and mitigating their effects on an organization’s supply chain. Companies implementing a
5G to 6G transformation
As wireless communication becomes more entrenched in our day-to-day lives, the demand for connectivity increases exponentially. The power of wireless technology continues to push improvements
What is the Schedule Performance Index (SPI)?
Overview The Schedule Performance Index, or SPI, provides insight into the accuracy of the predicted project schedule and is a measure of schedule efficiency.
6 Insightful Answers on How to Process RFPs and Help Achieve Cost Savings in a Post-Pandemic World
Rising costs, delays in manufacturing and supply chain issues are far too common in this post-pandemic world. Is it possible to save money as inflation
Overview of different supply chain management models
What is a supply chain? Most simply, it’s a sequence of events that helps a commodity move from manufacturing to market. Elements contained in a
Comparison Of Several Continuous Process Improvement Techniques – Part 3 of a Series
Continuous improvement is a philosophy by which organizations continually look for – and invest in – better ways to get their work done. This includes
Project Lifecycle vs. Product Lifecycle
You may wonder whether project life cycle and product life cycle are the same process. Rest assured, they are two entirely different concepts. While management
The benefits of formally implementing an ERP system
Enterprise Resource Planning (ERP) systems integrate all business management functions within a single platform, providing the real-time capability of seeing what is happening within
Comparison Of Several Continuous Process Improvement Techniques – Part 2 of a Series
Continuous improvement is a philosophy by which organizations continually look for – and invest in – better ways to get their work done. This includes
What is the Internet of Things (IoT), and why is it important?
What is the Internet of Things (IoT)? The Internet of Things (IoT) describes a set of technologies that allows the network of physical objects—“things”— to
15 Essential Skills Every Project Manager Needs
Successful project managers integrate multiple skills and abilities to bring a project from concept to completion. When a project management position is your goal, developing
What is contract management, and why is it important?
What is Contract Management? Contract Management involves creating and maintaining agreements with customers, vendors, partners, and employees. Beyond creating these agreements, management over the long-term
Challenges for women in engineering
The retention of women engineers continues to be an ongoing challenge. Women overcome many hurdles to enter the profession, starting with their education, where they
Comparison of several continuous process improvement techniques – Part 1 of a series
Continuous improvement is a philosophy by which organizations continually look for – and invest in – better ways to get their work done. This includes
Getting started with a Supplier Performance Scorecard
What are the benefits of a Supplier Performance Scorecard? Communication between buyers and suppliers is critical to ensuring high-functioning and transparent relationships. A Supplier Performance
Four Benefits of PMP Certification
What is PMP® certification? A Project Management Professional (PMP) has earned the most widely recognized and respected project management certification available. Achieving PMP certification brings
Why Does Digital Transformation Matter?
Every organization – no matter its industry, size, or offering – must increasingly rely on digital technology to improve efficiency and deliver improved value. Digital