THE NEED FOR CONTINUOUS IMPROVEMENT - Strategic Planning for Project Management

Sustained competitive advantages require continuous improvement for a firm to maintain its strength in the marketplace. Although new products/services are one way, strengthening one’s internal position can also effective if it results in the introduction of new and/or more sophisticated tools that allow a firm to make faster and better decisions. Tools for the future can be classified as follows:

Resource Analysis Tools

  • Resource limited planning.
  • Resource leveling.
  • Capacity planning.
  • Multiproject resource analysis.

Cost Analysis Tools

  • Earned value forecasting.
  • Variance analysis.
  • Trend analysis.
  • Crashing costs.

Risk Analysis Tools

  • Risk analysis.
  • Risk quantification.
  • Lessons learned databases.

Forecasting Analysis Tools

  • Technology forecasting.
  • Forward pricing rates.
  • Escalation factors.
  • Market analysis.

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Strategic Planning for Project Management Topics