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News

The latest news about Parm AG, our products, project management, and business intelligence

Trends in project management 2023

22. December 2022

Trends in project management 2023

Rapid technological progress, digital transformation, globalization, and megatrends such as “New Work” are presenting companies with numerous new challenges. This also affects project management, where the complexity of projects is increasing. To meet these constantly changing demands, project management must evolve. This has given rise to the key trends for 2023, which Parm AG presents in its latest blog post.

Annual review

21. December 2022

Year in review - These were the most popular posts on the Parm AG blog in 2022.

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

14. December 2022

Data Warehouse vs. 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 differences between the two options.

Risks in project management

5. December 2022

Risk management in the project

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! In the hectic day-to-day project life, however, risks are often ignored or simply forgotten. If you want to avoid, reduce and identify risks at an early stage, you need good risk management. You can read how to deal competently with project risks here.

Project time management: Timeboxing

29. November 2022

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 by famous managers such as Elon Musk or Bill Gates. We explain how timeboxing works and how it can make you more productive in the latest Parm AG blog.

Project Management ABC: P for Precedence Diagram

18. November 2022

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, very few project managers will regularly create precedence diagrams for their projects themselves, but will use project management software for this purpose. Nevertheless, it is important for project understanding to know how the precedence diagram is created. Read here how the creation of a precedence diagram works.

Selection of the right BI software

10. November 2022

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

9. November 2022

Guiding principles in project management - 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

2. November 2022

Selecting the optimal project method with the Stacey Matrix

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 hybrid approach or even a classic approach can make sense. However, deciding which method is best suited is not always easy. The Stacey Matrix can be used as an aid to decision-making and thus simplify project portfolio management. You can read how this works on the Parm AG blog.