Nowadays, it is very essential to learn various skills and practices of Six Sigma for improvement of business processes.  It basically helps a company in enhancing performance by establishing the employees and management strategies. The main focus of Six Sigma is to identify defects or errors in business, remove these errors and decrease variation in manufacturing as well as business processes. During six sigma projects there are mainly two project methodologies that a company usually follows.  They are DMAIC and DMADV. Both consist of five phases; however, DMAIC is implemented on projects that focus on improvement of the existing process of business, whereas DMADV is implemented on projects which aim to develop new product and process designs. To understand the importance of Six Sigma in business processes, please follow this link: http://goarticles.com/article/Six-Sigma-Benefits-for-Businesses/6646247/

Recently, Tibco made an announcement to acquire Jaspersoft for some $185 million and D&B announced that it has acquired small analytics startup Indicee. This shows that companies in order to be more focused and remain valuable to customers, it is very important to provide more value through insights from big data. Please go through the link for more details: http://www.forbes.com/sites/benkepes/2014/04/30/suddenly-everyone-wants-to-be-in-cloud-analytics/

Objectives of a project might be more than one. The stakeholders are the ones who are supposed to earn benefits from a project, but the definition of benefit can be different for different stakeholders as stakeholders are more than one. Quality objectives may differ for different stakeholders as per their needs and requirements from the project. Please go through the link for more details: http://www.pmhut.com/quality-objectives-in-project-management-beauty-is-in-the-eye-of-the-beholder

In the present competitive market maintaining profit and growth is very difficult for a company. To do so the company must take help of enterprising tools. Such tools actually improves productivity and hence profitability of a company. These tools help in proper co-ordination and connectivity amongst the various processes thus reducing idle time among processes. It helps to keep track of various tasks and ensures timely completion of each task. Please go through the link for more details: http://www.pmhut.com/7-benefits-of-using-enterprising-tools-for-managing-projects

Nowadays, stakeholder management has become a very important aspect for successful completion of any project. It is also introduced as a Knowledge Area in the PMBOK® Guide. During the project, communication, interference, flow of information, uses of tools and matrixes, and hidden agenda of stakeholder’s should be always keep in mind and properly managed by the manager. To know more kindly refer to the below mentioned link: http://www.business2community.com/strategy/can-stakeholder-management-fail-0631968#!RK4ai

It is foolish to plan for the best by just hoping to get the best resources, productivity and enthusiasm while working on a project. It is absolutely possible that we might get to work with the worst kind of resources whose productivity is low and is less enthusiastic. In such a situation if our planning was with the best, we will be left with nothing to do. But, if we plan for the worst, we can work with any kind of resources. To know more kindly refer to the below mentioned link: http://www.drharoldkerzner.com/hope-for-the-best-plan-for-the-worst/

Managing time is extremely crucial for Project Managers. For successful completion of a project, utilizing and managing time effectively is very important. By managing time, it is possible to make a positive impact in performance and efficiency of a project. To know more kindly refer to the below mentioned link:-http://www.processexcellencenetwork.com/lean-six-sigma-business-transformation/articles/six-time-management-tips-for-project-managers

Implementing wrong project management tools can ruin a business. So before deciding which tool to implement, we must first make the foundation of a project with solid definition of purpose and also it is required to estimate the various needs and requirements of project. Project management tools should work more smoothly and should deliver the results in an efficient manner. To know more kindly refer to the below mentioned link:  http://lnbogen.com/2014/04/14/how-project-management-tools-kill-more-companies-than-any-other-saas-out-there/

Project management is an important medium to reduce wastage of time, resources and money. Traditional project team models are not that much effective in construction industry. In this article, four ways are mentioned to work more effectively and efficiently. For a  successful project, it is very crucial to give importance to value engineering, identifying the associated risk, minimizing build time and maintaining long term relationships with the clients. To know more kindly refer to the below mentioned link: http://projectmanager.com.au/basic/4-common-construction-problems-project-management-resolves/

This article tells us why both Design for Six Sigma (DFSS) and Quality Function Deployment (QFD) are needed.  Please go through the link for more details: http://qfd-institute.blogspot.in/2013/03/dfss-dfls-and-qfd-why-we-need-both.html

In an article published in newindianexpress.com, explains how IVR systems will be both intelligent and intuitive. These IVR systems will keep track of his or her responses in their earlier interactions so as to provide him a better and fast service the next time that person calls. Interaction history will be used to better the performance of the system. This will help organizations to customize their services for different clients based on their responses.

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For successful project, we must try and break out of the traditional and fundamental ways and try to create and implement hybrid methods for project management, so that business, client and project team member needs can be achieved. Please go through the link for more details: http://www.projecttimes.com/george-pitagorsky/blending-agile-and-formal-project-management.html

To cultivate innovation, it is important to think relationally in a collective manner across the business unit in a broad view. The prevalent characteristic for any project is mainly dependent on the type of project or specification of running project, said Fadi Samara, PMP, of C4 Advanced Solutions. Also the people factor is a matter of huge concern when working on a project with multicultural teams. Self-inflicted complexity should be avoided to do the thing in a simple manner. Micromanaging, focusing on narrow projects, unnecessary layers of management, confound accountability and lack of proper communication can make the project even more complex. Mr. Samara also said "People underestimate complex projects due to lack of experience". So, experience plays a vital role to make a project successful. Also to deal with project complexity, leadership is the most important skill for a project manager. More than 80 percent of respondents to the PMI Pulse of the Profession® survey ranked leadership as the most crucial one. Please go through the link for more details: http://blogs.pmi.org/blog/voices_on_project_management/2014/05/orgs-must-take-on-innovation-a.html

There is always an opportunity for a project manager to coach team members, as the project is a full-time work. For a project management, planning is very essential for effective coaching sessions. It is important to decide whether the session will be directive or non-directive, and also in which area the team members are to be coached. Coaching can deliver a very successful project when, newly formed team or inexperienced team were properly coached and guided by the manager. It is not a replacement of formal training; it is a re-enforcement approach which will be very affective after formal training. Please go through the link for more details: http://www.projectsmart.co.uk/why-project-managers-should-coach-2.php

This article explains how companies are benefiting by improving and modifying workflow processes. Main areas of improvement are planning and forecasting, scheduling, call and appointment management. This article also throws an interesting light towards few approaches taken by the companies for adopting the best practices in workflow processes.

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