article thumbnail

A comprehensive guide to project management in 2021

Monday

35% of projects fail due to inaccurate requirements gathering, 29% because of inadequate risk assessment, and so on. Set a clear vision and roadmap that aligns with your project goals. Projects that lack vision and direction are unlikely to inspire employees. Image Source ). That’s why a project roadmap is so important.

article thumbnail

Milestone definition: what it means and why you should care

Monday

According to a 2021 PMI project management study, the most common reasons for project failure are related to poor upfront planning and unforeseen change. Weak requirements gathering, poor planning, inadequate vision — these are all avoidable issues. Pre-design: completing the requirements gathering report.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

What is Agile project management: when and how to use it

Monday

You start with the requirements gathering stage and keep going down until the project is over. In 2021, every business is a technology business — to a certain extent. Instead of prolonged tunnel vision, it only lasts as long as the sprint. A wide variety of companies and teams in a wide range of industries use it in 2021.

article thumbnail

A complete guide to the Waterfall methodology in 2021

Monday

The Waterfall methodology is an approach to project management where you break down a large project into clear-cut linear stages, from requirement gathering to implementation. Yes, even in 2021, a wide range of companies use the Waterfall methodology in various industries. Cover all your bases in the requirements phase.