Why do small businesses fail? A shocking number of small business start ups fail! Is there a method or process to ensure that prospective entrepreneurs will be successful? There are a number of good reasons for failure ranging from lack of skills, no viable market and under capitalisation. In this article I want to address [...]
In the earlier days before the industrial revolution most people used to be entrepreneurs. Some baked bread, made clothes, grew crops, brew beer and made wine. Entrepreneurs used to service all needs of society. The industrial revolution with mass industrialisation and mechanisation took most of the thinking out of jobs. Workers had to follow standard [...]
The starting or running of a business requires more than the selling of products or services to prospective customers in return for compensation. You need a plan of exactly how you will convert the exchange process into a profitable venture. Unfortunately there is not one best recipe or process to develop a business model. There [...]
Introduction Resources are the means we use to achieve project objectives. The primary resource is obviously people with applicable skills and competencies. The other main grouping of resources we need includes capital, facilities, equipment, material and information. There is usually a gap between the investment reach of a project and the project demands. See diagram [...]
Why do we need a scope for a project? Outline of the important aspects to include in a scope document. Whether your project is big or small, complex or simple it will pay to know exactly what you want to achieve before you start.
The evidence of great past projects still amaze us today as tourists flock to the ancient wonders of the world such as the pyramids and ancient cities and the Great Wall of China. In modern times the landing of people on the moon still captures the imagination. In some industries project management is a way [...]
Introduction: We provide practical tools and techniques that will make your projects a success! Project management is a very important discipline in our world today. It is a successful and proven approach to accomplish from simple to very complex undertakings. It helps us to build international communication bridges because of a common vocabulary and shared [...]