Negotiation Skills- Negotiation Skills are a powerful influence tool a project manager can leverage to resolve discrepancies and help teams reach a consensus. As project managers must lead and inspire the project team towards project completion, negotiation skills are a critical skill set. Enhance your team collaboration and conflict resolution strategies with workforce-focused insights from Elevate Drive.
Network Diagram- Also known as a project schedule network diagram or activity network diagram, a Network Diagram is a visual representation of the project schedule where tasks are ordered by completion and their relationships are indicated. This helps project managers and teams plan resource allocation to reduce risks and ensure timelines are met. Streamline your project scheduling with tailored implementation guides from Elevate Blueprint.
Net Present Value (NPV)- Net Present Value is a financial metric used to determine the profitability of a project or investment. It involves subtracting the initial investment cost from cash flows (in present value). A positive NPV indicates profitability, while a negative NPV suggests the project may not be viable. This metric also factors in the time value of money, recognizing that future cash is worth less than cash today. Make informed investment decisions with data-driven financial insights from Elevate Insights.
Objectives and Key Results (OKRs)- Objectives and Key Results (OKRs) is a framework used to outline and monitor progress toward objectives. This method helps projects and organizations deliver results by setting clear targets and tracking progress, often on a quarterly basis or when key deliverables are achieved.
Organizational Breakdown Structure (OBS)- The Organizational Breakdown Structure (OBS) is a visual representation of roles, responsibilities, and structures within a project team or organization. It helps teams view resource assignments and can be used throughout the project lifecycle.
Organizational Change Management- Organizational Change Management ensures the success of project-driven changes by addressing the human side of change. By involving affected stakeholders in the process rather than dictating changes, the project team can create lasting, smooth transitions. Drive successful change adoption with tailored strategies from Elevate Engage.
Organizational Process Assets (OPAs)- Organizational Process Assets (OPAs) are the artifacts, resources, documents, and procedures an organization accumulates over time. These assets support project management by aligning with the organization's culture and improving project efficiency.
Organizational Structure- Organizational Structure is a diagram showing the reporting hierarchy, roles, and responsibilities within an organization. Understanding this structure helps project managers identify stakeholder relationships and levels of influence. Develop clear organizational charts and improve stakeholder alignment with guidance from Elevate Vision.
Outcomes- Outcomes are the benefits or results desired from completing a project on time, within scope, and within budget. These should be outlined in the project charter during the initiation phase to ensure planning focuses on end goals. Define and track project outcomes effectively with tailored reporting solutions from Elevate Metrics.
Outputs- Outputs are the results or deliverables produced by the project to achieve its desired outcomes. These can be tangible (e.g., physical products) or intangible (e.g., improved processes). Streamline project deliverables with actionable process improvement strategies from Elevate Optimize.
Final Thoughts
Whether you’re improving quality management, refining risk strategies, or optimizing workflows, having the right tools is essential. Take the next step toward success by exploring our Elevate Product Line to find the right fit for your project management needs!