12/09/2022 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS
A project management method is a framework used in planning, executing and controlling projects. It helps project teams achieve their goals and deliverables more efficiently. It is a general method that can be applied to a variety of project types and sizes. Some of the most common project management methods are Waterfall, Scrum, Agile, Kanban, Lean and Six Sigma.
12/09/2022 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS
ROI (Return on Investment) is a term used to measure the effectiveness of an investment or business. It is calculated as the ratio between the profit and the original investment amount. ROI can be considered as a type of return metric, as it is a measure of the profitability of the investment, and it can also be considered as an indicator of the effectiveness of a company's management.
12/09/2022 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS
Requirements management is the process of gathering, analyzing, documenting, prioritizing and managing requirements for a product or service. It is an essential part of project management, especially in new product development, to ensure that customer requirements are met.
12/09/2022 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS
A digital business consultancy is a company that helps businesses adopt technology, digitize and manage their digital processes. Consultants also offer a variety of services to help companies choose, implement, and use the right technology to achieve their business goals. These include advice on selecting the right technologies, implementing them and putting them into practice, and support in optimizing digital processes.
12/08/2022 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS
Scrum is an agile project management framework that uses an iterative and incremental approach to develop products quickly and efficiently. It is commonly used in software development projects, but it is also suitable for other types of projects. It helps teams adapt to change by creating a flexible and adaptable environment. It is a simple framework based on a few rules and roles that provides a structured approach to organizing and managing projects.