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Why Poor Planning Can Lead to Project Failure

Why Poor Planning Can Lead To Project Failure?

What were the causes which resulted in project failure? How to manage software projects in a best way to avoid excessive costs, risks in software development companies ? Table of Content 1. Some of the specific areas wherein poor planning can lead to failures are: 1.1. Goal and vision 1.2. Planning 1.3. Stakeholder engagement issues 1.4. Leadership and governance 1.5. Requirements Issues 1.6. Team issues 1.7. Estimation 1.8. Decision making problems 1.9....

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Learning from Our Mistakes with Causal Analysis and Resolution

Learning from our mistakes with Causal Analysis and Resolution

Handling problems and defects in software development projects is difficult in many organizations. The problems’ analyses, when performed, usually do not focus on the problems sources and root causes. As a result, bad decisions are taken and the problem is unsolved. This leads to dissatisfaction, increased costs, and lack of quality. Causal analysis and resolution prevents the introduction of defects into a product by integrating into each phase of the project thereby improving...

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Robotics as the Future of Retail

Table of Content 1. Why is robotics required in retail stores? 2. Some existing robots in the retail industry 3. How do robots increase the efficiency in retail? 4. Will the future of retail be human-less? In this era of technological advancement, almost everything has been automated with the help from software development companies. Robotics is considered to be the next thing that will take over all the industries. One such industry where robotics has already made...

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Landscape of Aviation Industry

Information Technology: Changing the Landscape of Aviation Industry

Table of Content 1. Information Technology: Changing the Landscape of Aviation Industry 2. Increase in customer expectations 3. Increase in pressure to reduce costs and improve operational efficiency 4. Increase in competition Information Technology: Changing the Landscape of Aviation Industry Technological advancements have been transforming the aviation industry. Digital technologies have been the driving factor for improving airlines’ operational efficiency....

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Risk Assessment

Risk assessment through quantitative analysis

Table of Content 1. What is quantitative analysis? 2. What is quantitative analysis in risk management? 3. Necessity of Quantitative risk assessment 4. Difference between Qualitative and quantitative analysis 5. Various techniques used in Quantitative risk analysis 5.1. Estimated monetary value (EMV) 5.2. Example 5.3. Monte Carlo simulation 5.4. Sensitivity Analysis 6. Conclusion What is quantitative analysis? While analyzing risks...

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