Day: 25 January 2022

Project Management – Effectively Starting a Project

Project management according to the Project Management Institute is the application of knowledge, skills, tools, and techniques to project activities to meet the project requirements. Their Project Management Body of Knowledge (PMBOK® Guide) identifies its recurring elements. The processes of Project Management are divided into 5 groups: Initiating, Planning, Executing, Monitoring and Controlling, and Closing. …

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What is Utilization?

What is Utilization? Utilization is a metric used by professional service companies to represent the productivity achieved by an employee (typically) or a team for a given period. Productivity is most often based on Billing. The Utilization rate is expressed as a percentage. An employee who achieves 80% utilization is significantly more productive than one …

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