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Project Management ABC: B for Balanced Scorecard

Discover the synergy between strategic thinking and project management implementation! Our new blog post explores the fascinating connection between the Balanced Scorecard and project management. From selecting suitable projects to real-time measurement, learn how the B...
Data-driven revolution: Business Intelligence as the key to success for SMEs

Business Intelligence - isn't that only for large corporations, or perhaps not? While this assumption is frequently heard, the transformative power of Business Intelligence for small and medium-sized enterprises (SMEs) is often underestimated. We demonstrate how intelli...
ERP System, Project Management Software, or both?

Maximize the success of your projects!
Discover how to harness the synergies between ERP systems and project management software to optimize your company's performance. From efficient resource utilization to precise budget control – we show you how to connect both wor...
Overcoming boundaries and achieving goals through effective collaborative project management

Overcome boundaries and achieve your goals with the power of collaborative project management! In our blog post, we shed light on the definition, benefits, best practices, and the future of this important approach to work. Learn how teamwork across locations, time zones...
Project Management ABC: K for Knowledge Management in Projects

Projects are complex challenges that require knowledge and experience. But why start from scratch every time? Discover how effective knowledge management not only organizes information but also serves as the key to enhancing efficiency and innovation in projects. Dive i...
Best practices for effective management reporting

Uncover the secrets behind clear and effective management reporting! In our latest blog post, we reveal the Best Practice methods that breathe life into your data, guiding your company toward success....
The Paradox of Decision Making

We all tend to feel happy when we have the opportunity to choose between multiple options. However, there are also days when even something as simple as grocery shopping can overwhelm us with the vast array of different foods, making it difficult to decide what we want ...
Is Bard Better Than ChatGPT?

ChatGPT vs. Bard - We explain which AI has the edge in project management and why. Discover the latest advancements and learn how these powerful language models can revolutionize your projects! ...
Project Management ABC: C for Change Management

Changes are like the metamorphosis of a caterpillar into a butterfly – inevitable and often unpredictable! Hardly any project unfolds exactly as initially planned, and changes are part of the daily routine. Therefore, change management is an important part of project ...
These BI features are essential

Business intelligence software that enables detailed data analysis is nowadays an indispensable tool for data-driven and sustainable management of companies. With the overwhelming number of available options, the question quickly arises whether you are already fully exp...
ABC Analysis in Project Portfolio Management

As a project manager, you overcome numerous challenges and risks to successfully execute your projects. However, despite your best efforts, it is possible for a project to fail and for project termination to become inevitable. Budget overruns, unforeseen events, or mark...
When project termination becomes inevitable

As a project manager, you overcome numerous challenges and risks to successfully execute your projects. However, despite your best efforts, it is possible for a project to fail and for project termination to become inevitable. Budget overruns, unforeseen events, or mark...
Project Management ABC: T for Team development

A project team is like a group of dancers on a stage - initially perhaps a bit stiff and uncoordinated, but over time, the movements become smoother and harmoniously synchronized. But how do they achieve this unique performance? This is where the stages of team developm...
Data Mesh vs. Data Fabric: Revolutionary approaches to data management

Revolutionize your data management with Data Mesh and Data Fabric! In the latest article by Parm AG, you will learn how Data Mesh helps teams take ownership of their data and promotes collaboration, agility, as well as better insights. You will also discover how Data Fa...
How to successfully sell your project idea

You step into an elevator, the doors close, and suddenly you find yourself next to the person you've always dreamed of hearing your project idea – an influential investor, a potential customer, or even your idol. Immediately, you realize that you have only a few secon...
The BCG Matrix in Project Management

The 60s - a time of social change and upheaval, where hippies dreamed of "love and peace," astronauts set foot on the moon for the first time, and the Beatles as well as rock 'n' roll dominated the charts. But it was also a time when the Boston Consulting Group develope...
Project Management ABC: S for SWOT Analysis

Are you currently facing a difficult decision and are unsure which path to choose? In such situations, the SWOT analysis can be a valuable tool for making informed decisions. In the latest blog post by Parm AG, we dive into the world of SWOT analysis together, explore i...
Types of Data Analysis

Data is everywhere - from fitness trackers that count our steps to the databases of companies that contain huge amounts of information. But these data are just numbers and letters on a screen. It takes business intelligence tools to bring them to life. From descriptive ...
Prioritizing tasks with the Eisenhower Matrix

On days when the daily work routine seems to be overwhelming, a good system is needed to structure and prioritize tasks. One solution for this is the Eisenhower Matrix, which can help you to create order in this hectic world, focus on the essentials, and prioritize your...
SaaS or on-premise

Although on-premise solutions are traditionally considered more reliable and secure, the growing popularity of SaaS solutions has changed the way companies look at technology solutions. Both options have their pros and cons. Therefore, the choice between an on-premise s...
Project Management ABC: R for Resource Management

The captain of a ship sailing through unknown waters has a clear goal in mind that he wants to achieve. However, he has only limited resources available on his ship: this applies to the number of sailors and their skills as well as to supplies of food or water. To ensur...
Why data can lie

Many companies are trying to collect as much data as possible and use business intelligence (BI) solutions to analyse it and make decisions. But are you aware that data can sometimes lie? Yes, that's right - data can be misleading and therefore lead to wrong decisions. ...
Project time management: Eat That Frog

Who hasn't experienced this? The day begins, the to-do list is longer than what you can actually accomplish and just thinking about it makes you feel overwhelmed. On top of that, there's that one task that you've been avoiding for days for all kinds of reasons, that giv...
Guiding principles in project management: Saint-Exupery

Perfection is a goal often strived for in project management, but what exactly is perfection and how do you really achieve it? In Parm AG's latest blog post, you can discover how to apply Saint-Exupery's quote "Perfection is not achieved when there is nothing left to ad...
Project Management ABC: Q for Quality Management in Projects

Imagine having a unique idea for a new project and being ready to implement it. You are full of energy and enthusiasm so you immediately start working towards making your project a success. But as soon as the project is completed, you notice that the outcome does not me...
Big Data – the new currency of the data world

In a world where data is the new currency, Big Data is the ultimate treasure trove. From social media likes to sensor data from smart cities - incredible amounts of data are generated every second, which companies and organizations can use to gain valuable insights and ...
Lego® Serious Play® in Project Management

Imagine being asked to play with Lego® bricks during a meeting. Sounds absurd? Actually, Lego® Serious Play® is a method that has become increasingly popular and has already helped numerous companies to solve problems, develop strategies or promote their innovation a...
New evaluation of myPARM project management software by BARC and GPM

The market study "Project Management Software Systems" by BARC and GPM serves as a guide for the selection and introduction of project management software. In this study, you will find an overview of the leading software solutions for project management and can thus com...
Project Management ABC: P for Project Portfolio Management

When selecting projects, it can be difficult to keep track of what's going on and ensure that the projects you choose align with your company's strategic goals. Project portfolio management offers a solution to these challenges. Read Parm AG's latest blog post to find o...
The most common mistakes in the use of BI software

Business intelligence enables companies to collect, analyse and use valuable data to make better decisions and improve business processes. However, there are some mistakes in the application of BI software that can impair effectiveness and usability. Parm AG presents th...
Test management in projects

Test management plays a crucial role in development projects. It ensures the quality of the final product and helps to improve the result. Even though test management is therefore essential for the success of the project, it often plays a subordinate role in practice. P...
A simple method for calculation, pricing and controlling

How successful are orders in reality? This was the question posed by Richard Lammers, management consultant at MSB Management-Service-Beratungsgesellschaft mbH. It's hard to give a simple answer to such a complex question. To simplify this, he developed the Lammers Quot...
Project Management ABC: O for OKR – Application

The OKR method can support a company in pursuing its mission statement. In this way, it can effectively help to achieve company goals and motivate employees to contribute to the achievement of these goals in a committed way. This article is the second part on OKR and de...
Data Storytelling

Imagine you are part of a company that collects large amounts of data but has difficulty turning that data into useful information. Or maybe you are part of an organisation that is trying to put complex data into an easily understandable form to make decisions. In both ...
How ChatGPT can help in project management

Artificial intelligence like ChatGPT is currently the talk of the town. We tested how ChatGPT can help with project management and whether the AI might even replace employees in the future. This much in advance: the result surprised us. ...
The project triangle

Whether a project can be completed successfully or not depends on many different factors. However, the three factors of cost, time and scope are particularly important. Parm AG explains the interrelationships between these factors and the resulting conflicts of objectiv...
Project Management ABC: O for OKR – Basics

OKR is a topic that is being mentioned more and more frequently lately, because OKR offers companies great potential to achieve their corporate goals and at the same time motivate employees to contribute to them. Read the latest article by Parm AG to find out which basi...
Data Quality

The benefit of business intelligence stands and falls with the quality of the data used. Insights gained from unclean data are also flawed. And decisions made on such a basis can lead to major problems. True to the motto "garbage in, garbage out." High data quality is t...
Trends in project management 2023

Rapid technological progress, digital transformation, globalisation, but also megatrends such as "New Work" present companies with numerous new challenges. This also influences project management, where the complexity of projects is growing. In order to face these const...
Annual review

Are you a regular reader of our blog posts or do you only come here occasionally? Then you might be interested in which posts you shouldn't miss. ...
Data Warehouse and Data Lake

The amount of data collected in companies is constantly increasing and with it the need to optimally manage this data and use it for analyses. Data warehouses and data lakes are established solutions for storing large amounts of data. We explain the most important diffe...
Risks in project management

Projects generally involve risks - no matter how well planned, how large or how small they are. Are you proceeding according to the motto "it will all work out"? This is no good solution, as the consequences can be fatal for the success of your project and your company!...
Project time management: Timeboxing

With a deadline looming, we often manage to complete tasks that we have been putting off for ages in the shortest amount of time. Simply because we have no other choice at that moment. This effect is exploited by the time management method Timeboxing, which is also used...
Project Management ABC: P for Precedence Diagram

It is often used in procurement or production and can also provide valuable services in project management: we are talking about the precedence diagram technique, which helps to identify the duration, buffer times and critical path of processes and projects. In fact, ve...
Selection of the right BI software

The selection of BI software should be made carefully, as such software is to be used in your company in the long term. Read what you should consider and how to make the best choice here....
Brooks` Law

Parkinson's Law states that work expands in proportion to the time available for its completion. Read Parm AG's latest blog post to find out how this guiding principle affects project management and what you can do about it....
Selecting the optimal project method

Agile methods for project management are in vogue. However, not every project can be carried out agilely, because the project management method applied should always fit the current situation, or the respective project, in order to unfold its full effect. Therefore, a h...
Project management ABC: M for Milestone (trend analysis)

A project is completed and the next one is started immediately? This is just how we often experience it, because time is usually short. This is how we often experience it, because time is usually short. Yet you could save yourself a lot of stress and aggravation as well...
Procurement Intelligence

Purchasing plays a central role in the success of manufacturing companies and in many cases offers great potential for improvement. To realise savings, optimise the supply chain and improve processes, buyers need to make smart, data-driven decisions in a changing enviro...
Project time management: Getting Things Done

Your inbox is full, the phone is ringing off the hook and your boss is waiting for you to finish an important task - in short: everything around you is going haywire, you can hardly keep up with your tasks or even forget an important appointment. Does this sound familia...
Implementation of a PMO

If the number of projects in a company increases and they become more complex, it can make sense to establish a Project Management Office (PMO). The reasons for which a PMO can be the right step are manifold, as are the tasks that the PMO might take on. Therefore, this ...
Project Management ABC: L for Lessons Learned

A project is completed and the next one is started immediately? This is just how we often experience it, because time is usually short. This is how we often experience it, because time is usually short. Yet you could save yourself a lot of stress and aggravation as well...
How to design a meaningful dashboard?

Creating a meaningful dashboard that conveys all relevant information at a glance can be a big challenge. Parm AG explains some basic rules and how you can choose the right charts....
Project Management ABC: K for Kanban

With a Kanban board, the tasks of a project can be clearly displayed and processed in a structured way. This makes extensive projects with many subtasks manageable, but also keeps small, daily tasks in focus. How exactly this works and why people like to work with the K...
Project budget exceeded – and now?

Everything is getting more expensive right now - does this include your project? If you find that your project is exceeding its planned budget, you need to act quickly. Parm AG shows you what you can do to get back on track....
Project Management ABC: K for Classic Project Management

Classic project management seems to have gone out of fashion, as more and more companies are working with agile processes such as Scrum or Kanban. However, this does an injustice to classic project management, because agile methods are not suitable for some applications...
How Business Intelligence helps with your corporate strategy

Even the most brilliant business strategy is doomed to fail if your employees do not understand how their daily work contributes to achieving your goals. Therefore, to properly align your team's focus, the strategy should be translated into clearly understandable and me...
Effort estimation in project management

Effort estimation is a difficult task because, thanks to many uncertainties, a project or task often develops differently than expected. However, gross misjudgements can quickly cause projects to fail. Read the latest article by Parm AG to find out why effort estimation...
Parkinson’s Law

Parkinson's Law states that work expands in proportion to the time available for its completion. Read Parm AG's latest blog post to find out how this guiding principle affects project management and what you can do about it....
Project management ABC: I for idea management

Idea management can easily help you to continuously improve your company, its processes and products. To motivate your employees to participate, you should create incentives and make the process as clear and transparent as possible. Idea management software or apps can ...
Business Intelligence in Marketing

Deciding marketing measures on gut instinct is a thing of the past. We have long since analysed customer data, website or social media visits and newsletter opening rates as a matter of course. But to make the best use of this data and gain even more valuable insights f...
Project time management

Do you know the feeling of being faced with a long to-do list or a big task and wondering how you are going to finish it in time? Especially at the beginning of a project, the work ahead can seem overwhelming and unfeasible. But even when the deadline of a project is ap...
Successful handover of your projects

Your holiday is approved, the hotel is booked and the suitcases are packed - but you are worried about what will happen to your important project in your absence? Of course, your project should not stand still during your holiday. Tasks should be completed and the proje...
Project Management ABC: H for Hybrid Project Management

Would you like to combine the planning reliability of classic project management with the speed and flexibility of agile project management? Then hybrid project management is the solution! In Parm AG's Project Management ABC, we explain the advantages of hybrid project ...
Manufacturing Intelligence

In most manufacturing companies, large amounts of data are collected. Often, however, this data is not linked and analysed. As a result, opportunities to optimise production processes, improve product quality or use resources more efficiently are lost. Read today's arti...
These are the most important project documents

Consistent project documentation is the foundation for successful projects. It should contain the essential information and decisions so that it is meaningful and at the same time can be carried out with reasonable effort. We present the five essential project documents...
Project management ABC: G for Gantt chart

The Gantt chart is one of the best-known project planning methods. It enables project members and leaders to understand the relationships between individual tasks, improve scheduling and adapt the project to changes. We explain exactly how a Gantt chart works in the cur...
Data-Driven Sales

Traditionally, sales depends upon on high performing employees who use their intuition and experience to win new customers and retain existing ones. Data-driven sales, on the other hand, creates a better understanding of the customer and thus enables the decision for op...
The most important reports in project management for a comprehensive overview

Preparing reports is not the most pleasant task for many project leaders and requires a lot of time as well as discipline. Especially if information is not available centrally and data has to be collected laboriously. Nevertheless, it is crucial for the success of proje...
4 tips for international projects

International projects are no longer a rarity due to globalisation. However, if a project manager is not prepared for the corresponding requirements, difficulties can arise. The tips on our blog can help you lead your international project to success....
Why you should invest in the data literacy of your employees

Almost every company collects large amounts of data. To realise the potential of this data, all employees should speak the language of data - in all departments and in all positions. That means they should be data literate. Read today's article to find out why this is n...
This is how project managers choose an optimal project team

Projects are teamwork. Non-functioning teamwork is therefore a frequent reason for their failure. Therefore, it is wise to carefully select the members of the project team even before the start of a project, instead of simply taking the employees whose time is best suit...
Data culture – the path to sustainable success?

Data culture is a current buzzword in connection with business intelligence and decisions in companies. We explain what a data-driven corporate culture is, why it should be established and what the challenges are....
The new myPARM BIact

Why our new myPARM BIact module is not just another BI software among others, but so much more than just business intelligence....
New Label: swiss hosting

We at Parm AG are Swiss at heart and are committed to the values that Switzerland stands for. That is why we are happy to carry the "swiss made software" label. To show you that we also live up to Swiss quality and security standards when it comes to data protection and...
Project Management ABC: D for Design Thinking

Have you ever been in the situation where a great new product with innovative features has been developed in a company where you worked? Have you also experienced how such a product turned out to be a flop after its market launch because customers had no need for the pr...
What is Business Intelligence (BI)?

To be successful, business decisions have to be made faster and faster. Yet this is not so easy in an uncertain environment. Business Intelligence (BI) tools help to make such decisions based on accurate data and analysis. We explain what exactly BI is and what advantag...
How to choose the right project management software

Have you decided to implement a new project management software? Then you will find a short guide here to help you select the right project management software....
Excel in project management – useful or not?

Excel is one of the most used tools in project management. And that, although the spreadsheet program is not actually intended for project management. What are the arguments in favor of using Excel for project management anyway and what are the limits of the application...
Project Management ABC: C for Critical Path

In the latest contribution to the Parm Project Management ABC, we show what the Critical Path of a project is, how you can identify it and how this can help you not only in realistic time planning but also in dealing with delays....
Trends in project management 2022

The new year is here and that means it's time for good resolutions again. Doing more workouts and a eating healthier diet are certainly at the top of the list of many. However, the beginning of the year can also be a good occasion to define new goals in project manageme...
Project Management ABC: B for Best Practice

In project management, you always hear about best practice approaches. We explain what this means and how such approaches are applied in practice....
Good New Year’s resolutions in project management

The new year is here and that means it's time for good resolutions again. Doing more workouts and a eating healthier diet are certainly at the top of the list of many. However, the beginning of the year can also be a good occasion to define new goals in project manageme...
What you should do before next year

This year is almost over. Time to look back and prepare your project pipeline for the coming year! Here are some tips on how to proceed and what to keep in mind:...
A Grittibänz from Samichlaus

This year is almost over. Time to look back and prepare your project pipeline for the coming year! Here are some tips on how to proceed and what to keep in mind:...
Agile Methods

What are agile methods in project management? How are they used and what are their advantages and disadvantages?...
Hybrid working models

Our way of working has never changed so quickly and radically as in the last two years. Our way of working has never changed so quickly and radically as in the last two years. As a study by the University of St. Gallen together with Novu Office and HR Campus revealed, m...
25th anniversary of Parm AG

Parm AG turns 25. To celebrate this appropriately, all employees took part in a fondue carriage ride through the Swiss mountains....