Companies/Organisations Articles

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Asana vs Jira: Which Tool Is Right for Your Team?

Akshaya Daga
Akshaya Daga
Updated on 02-Dec-2022 194 Views

The world has changed. Now we do not have a clutter of documents on our desks, and we do not do manual filing of the projects. We check the typing speed of the candidate, not their beautiful calligraphy. With digital infrastructure coming into place, the different fancy stationeries like note pads, highlighters, paper pins, files, ink, and paper cutters have lost their importance. We check the organizational skills of an employee not by looking at their desk but at their computer screens. The world is moving toward working from home or in your comfort space instead of in office buildings. ...

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State the difference between capital reserve and revenue reserve.

Kiran Kumar Panigrahi
Kiran Kumar Panigrahi
Updated on 02-Dec-2022 2K+ Views

In a company, there are two types of reserves namely Capital Reserve and Revenue Reserve. The basic difference between the two is that, capital reserve is the fund created for non-trading activities, whereas the revenue capital is the fund created for trading activities. In this article, we will discuss all the important differences between capital reserve and revenue reserve. But before that, let's start with some basics of capital reserve and revenue reserve so it will become easier to understand how they are different from each other. What is Capital Reserve? The type of reserve that is created from the ...

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What Kind of Job and Salary Can I Expect with the PMP® Certification?

Anurag Gummadi
Anurag Gummadi
Updated on 01-Dec-2022 458 Views

The PMP (Project Management Professional) is an internationally accredited professional certification widely accepted in the project management industry. Those who pass the exam can reportedly earn a salary of up to $400, 000 per year. Let us dig deep into what kind of job and salary one can expect with the PMP certification. What is the PMP® Certification? The PMP® certification is a globally recognized standard for project management. The PMP certification is offered by Project Management Institute (PMI). To be eligible for the PMP®, you must first pass an exam. Once you have passed the exam, you will be ...

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The Best Management Practice Portfolio

Anurag Gummadi
Anurag Gummadi
Updated on 01-Dec-2022 303 Views

It is important to know how your company will perform in the future and to ensure you are doing everything possible to make that happen. This article discusses how the best management practices can help build a successful company. What is a management practice portfolio? A management practice portfolio is a collection of evidence that supports the effectiveness of a particular management practice. The purpose of a management practice portfolio is to help managers justify their use of specific management practices and to provide information that can be used to improve the effectiveness of those practices. A good management practice ...

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Project Schedule Management – Tips and Techniques

Anurag Gummadi
Anurag Gummadi
Updated on 01-Dec-2022 4K+ Views

Regardless of project size, project managers need to be able to juggle the different expectations of their stakeholders and still pull off the project successfully. A schedule is one of the most important things a PM needs for their projects, as it defines what's happening, what tasks need to happen, where, and when. What is Project Schedule Management? Project schedule management (PSM) is a process that helps managers plan, control, and manage the project timeline. It helps to ensure that projects are completed on time, within budget, and to the required quality level. There are several key steps in PSM ...

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Carving Your Path to Project Management Office

Anurag Gummadi
Anurag Gummadi
Updated on 01-Dec-2022 403 Views

Project managers are in charge of the projects and make important decisions about how andwhen to work. However, project management is a broad field with endless routes. There are many different types of project management, such as Six Sigma or lean project management.With so many paths, knowing which path is best for you can take time and effort. What is a Project Management Office? A Project Management Office (PMO) is a specialized business unit within an organization that is responsible for the effective and efficient management of projects. A PMO should delineate its authority, processes, resources, and goals. How to ...

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Difference between a Virtual Office and Physical Office

Vineet Nanda
Vineet Nanda
Updated on 30-Nov-2022 1K+ Views

Recent years have seen a radical shift in how offices and company cultures are set up. What was once thought strange is now the norm, and is sometimes even preferred by companies and their staff. As a precaution against the spread of the COVID−19 epidemic, more workplaces are using virtual or home offices instead of going into the office. A growing number of businesses are opting for virtual offices due to the expansion of the gig economy due to the cost−cutting benefits they provide. Workers like the trend since it gives them more freedom to do their jobs. So, what ...

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Difference between Payroll and HR Software

Vineet Nanda
Vineet Nanda
Updated on 29-Nov-2022 398 Views

The widespread use of new technologies like mobile devices and social media has caused a dramatic shift in how businesses employ technology in human resources departments. The Internet is redefining the role of human resources in the modern workplace. Any firm or organization must find a happy medium between its physical, organizational, and human resources to survive in today's competitive economic climate and maintain market leadership. Payroll and human resources (HR) services are integral to this procedure. However, it is critical to have a thorough familiarity with human resources and payroll facets. What is HR Software? Human resources (HR) software, ...

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Difference between Marketing and Business Development

Vineet Nanda
Vineet Nanda
Updated on 29-Nov-2022 782 Views

Companies always seek new methods of doing business to maximize revenues and enhance efficiency. The importance of internal marketing in building a brand for a firm cannot be overstated, but business growth is equally critical. Even though these statements have different meanings, individuals commonly use them interchangeably. Some organizations have started combining the roles of marketing and business development, which has led to a muddying of the lines between the two. In this article, we'll look closely at "marketing" and "business development" and see what they mean in practice. What is Marketing? "Marketing" is the word for the business practice ...

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Difference between Layoff and RIF

Vineet Nanda
Vineet Nanda
Updated on 29-Nov-2022 2K+ Views

RIF and layoff are often used interchangeably, although they refer to the same thing− an employee being let go from their position. However, these concepts are distinct despite how often you may hear them used interchangeably; these concepts are different. This is a frequent problem, which we dub the RIF vs layoff misunderstanding. In what ways do you know the difference between a RIF and a layoff? It's likely that you've had to stop working or lost your job at some time in your working life. Or, at the very least, you probably know someone who has. I would like ...

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