![The dangers of the planning fallacy and how to overcome it](https://res.cloudinary.com/monday-blogs/w_768,h_549,c_fit/fl_lossy,f_auto,q_auto/wp-blog/2022/09/startup-g02b130800_1920.jpg)
The dangers of the planning fallacy and how to overcome...
New projects spark a great deal of excitement and optimism, and when imagining reaching the end goal, people aren’t usually pessimistic about them. If they were,...
![Vendor management and its role in project management](https://res.cloudinary.com/monday-blogs/w_768,h_512,c_fit/fl_lossy,f_auto,q_auto/wp-blog/2022/09/handshake.jpeg)
Understanding scope baseline for project management
A scope baseline should be part of any comprehensive project plan. In addition to maintaining your schedule and budget, it also provides guidance on the necessary...
![Decomposition project management for largescale projects](https://res.cloudinary.com/monday-blogs/w_768,h_422,c_fit/fl_lossy,f_auto,q_auto/wp-blog/2021/05/large-Project_management.jpg)
Decomposition project management for large-scale...
If you’ve ever heard Will Smith speaking about his attitude towards success, you might have heard the story he tells about his father forcing him and his younger...
![Fallback plans and their role in a project8217s success](https://res.cloudinary.com/monday-blogs/w_768,h_512,c_fit/fl_lossy,f_auto,q_auto/wp-blog/2022/09/fallback-plan.jpeg)
Fallback plans and their role in a project’s...
In any project, there’s an element of risk. Some risks are things you can plan for in advance, while others are harder to anticipate. A good project management...
![The role of planned value in budgeting and tracking](https://res.cloudinary.com/monday-blogs/w_768,h_577,c_fit/fl_lossy,f_auto,q_auto/wp-blog/2022/09/value-planning.jpeg)
The role of planned value in budgeting and tracking
Successful project management means keeping projects on track both in terms of the timeline and the budget. This can be challenging when a project takes a long...
![Seek solutions with a problem statement template](https://res.cloudinary.com/monday-blogs/w_768,h_384,c_fit/fl_lossy,f_auto,q_auto/wp-blog/2022/09/DMAIC-analysis-template.png)
Seek solutions with a problem statement template
Albert Einstein famously espoused the importance of identifying the problem you’re facing before proposing solutions. Even when you inherently understand an...
![Undergoing an Agile transformation all you need to know](https://res.cloudinary.com/monday-blogs/w_768,h_384,c_fit/fl_lossy,f_auto,q_auto/wp-blog/2022/09/Dev-6-1.png)
Undergoing an Agile transformation: all you need to...
What started as an ideology for developing quality software efficiently has evolved into a way of thinking about business as a whole. By embracing Agile practices,...
![Free proof of concept template to help prove idea viability](https://res.cloudinary.com/monday-blogs/w_768,h_379,c_fit/fl_lossy,f_auto,q_auto/wp-blog/2022/09/proof-of-concept-template.png)
Free proof of concept template to help prove idea...
Every great product, service, business idea, and technology started with an unproven theory that was then tested and found to be viable. If you think you’ve...
![Make smart project choices with a decision matrix](https://res.cloudinary.com/monday-blogs/w_768,h_422,c_fit/fl_lossy,f_auto,q_auto/wp-blog/2022/09/decision-matrix.jpg)
Make smart project choices with a decision matrix
Use a decision matrix in project management to make better-informed decisions when faced with complex choices.
![Resource calendars and their use in planning and tracking](https://res.cloudinary.com/monday-blogs/w_768,h_422,c_fit/fl_lossy,f_auto,q_auto/wp-blog/2023/08/Resource_management-3.jpg)
Resource calendars and their use in planning and...
Thousands of years ago, humans invented calendars to measure the passage of days, months, and seasons. This ingenuity allowed them, for the first time, to harvest,...
![The necessity of performance reporting](https://res.cloudinary.com/monday-blogs/w_768,h_512,c_fit/fl_lossy,f_auto,q_auto/wp-blog/2022/09/Performance-reporting-scaled.jpg)
The necessity of performance reporting
A report for helping teams improve performance, stay within budget, and meet deadlines.
![How root cause analysis helps remove project roadblocks](https://res.cloudinary.com/monday-blogs/w_768,h_467,c_fit/fl_lossy,f_auto,q_auto/wp-blog/2022/09/multiple_ideas.jpeg)
How root cause analysis helps remove project roadblocks
Good medical doctors try to find the root cause of any symptoms a patient might report, so they can treat the source of the issue rather than the signs. Simply treating...
![The importance of net present value for project managers](https://res.cloudinary.com/monday-blogs/w_768,h_512,c_fit/fl_lossy,f_auto,q_auto/wp-blog/2022/09/calculator.jpeg)
Estimate at completion (EAC) and its use in project...
The beginning of a project is always surrounded by expectations, and many ideas seem perfect when they’re still on paper. Planning every detail, setting goals, and...
![How to use analogous estimating for better budgeting](https://res.cloudinary.com/monday-blogs/w_768,h_576,c_fit/fl_lossy,f_auto,q_auto/wp-blog/2022/09/work-desk-with-notebook.jpeg)
How to use analogous estimating for better budgeting
Businesses are always looking for new and accurate ways to estimate the cost and duration of future projects. When there’s limited project information available,...
![Risk owners what do they do](https://res.cloudinary.com/monday-blogs/w_768,h_384,c_fit/fl_lossy,f_auto,q_auto/wp-blog/2021/06/enterprise-risk-management.jpg)
Risk owners — what do they do?
Even the most well-crafted projects entail a certain degree of risk. Because project risk is inevitable, project managers should do everything within their power to...
![The dangers of the planning fallacy and how to overcome it](https://res.cloudinary.com/monday-blogs/w_768,h_549,c_fit/fl_lossy,f_auto,q_auto/wp-blog/2022/09/startup-g02b130800_1920.jpg)
Integrated master plans in high-level project...
A single document may be able to provide the overarching insight you need for effective project management. The integrated master plan (IMP) is a tool that can capture...
![AScope of services template to define your operations](https://res.cloudinary.com/monday-blogs/w_768,h_420,c_fit/fl_lossy,f_auto,q_auto/wp-blog/2022/09/statement-of-work-template.png)
A Scope of services template to define your operations
Clear communication is crucial in every aspect of a business. Before undergoing operational changes within your departments or undertaking a client project, both sides...
![The 5 top questions from monday.com’s Reddit AMA](https://res.cloudinary.com/monday-blogs/w_768,h_432,c_fit/fl_lossy,f_auto,q_auto/wp-blog/2022/09/0.png)
The 5 top questions from monday.com’s Reddit AMA
See the most upvoted question from our live Ask Me Anything session on Reddit.
![Prioritization template for improving your efficiency](https://res.cloudinary.com/monday-blogs/w_768,h_384,c_fit/fl_lossy,f_auto,q_auto/wp-blog/2022/09/priority-matrix-template.png)
How an impact effort matrix can help you prioritize...
Something entrepreneurs and project managers frequently grapple with is how to best spend their time and resources. For example, is it better to focus on low-impact...
Identify the root cause of problems with a 5 whys...
Finding unexpected problems is a headache for any project manager — solving them is another story entirely. The 5 whys process aims to take that initial problem and...
![Free 5year plan template to organize the planning process](https://res.cloudinary.com/monday-blogs/w_768,h_384,c_fit/fl_lossy,f_auto,q_auto/wp-blog/2022/09/5-year-plan-template.png)
Free 5-year plan template to organize the planning...
As a business leader, you know the decisions you make today can shape the future of the company. If you want to control that trajectory, a 5-year plan template can be a...