Union Budget 2017 | Focus on rural India and Infra spending

The Union Budget for 2017-18, has put emphasis on rural and infrastructure spending to revive the rural demand. The total allocation for infrastructure development in 2017-18 stands at Rs 3,96,135 crore. Of this, the transportation sector, including rail, roads, airports and shipping has seen budget provision of Rs 2,41,387 crore.   “The... more →
Posted in: Budget

DIFFERENCE BETWEEN A PRODUCT MANAGER & A PROJECT MANAGER

Differentiating the role of a product manager from that of a project manager can be challenging. They are both managerial jobs and sound similar. Nevertheless, there is a clear distinction between the two. To comprehend the differences, it is important to start by defining them.   Meaning of product and project In the simplest... more →
Posted in: Projects investments

PREPARATION IS THE KEY TO SUCCESSFUL TENDERING

Acquiring highly lucrative contracts by responding to tenders is a great way to be successful with business. There are numerous opportunities out there, federal and state government agencies, local councils and major public and private companies regularly call for tenders for works, products and services that will assist them in... more →
Posted in: Projects investments

Consequences of communication failure in Project Execution

Failure to communicate effectively is one of the major causes of failure of a project. A good project manager must learn to effectively communicate with the project team. Having a clear communication plan is important. This will provide a reference for determining the progress of a project for any interested party.     Technology... more →
Posted in: Projects investments

A Motivated Team Is The Most Influential Aspect Of Project Management

The ability to guide performance and keep team motivated is one of the essential skills that a project managers must possess. It is sometimes difficult to maintain team motivation because of the rapid changes today. Business has moved from the old bureaucratic incentives to the use of modern day entrepreneurial opportunities to make... more →
Posted in: Projects investments