What Is the Eisenhower Matrix?
The Eisenhower Matrix, also known as the Urgent-Important Matrix or the Eisenhower Decision Matrix, is a commonly used model for time management. On the one hand it compares the urgency, on the other hand it compares …
PageWhat Is a Balanced Scorecard?
The balanced scorecard, abbreviated: BSC, is an English term for a balanced report sheet. It is primarily a concept for measuring and documenting the activities of a company with regard to the company's vision and …
PageWhat Is a Risk?
Every company takes advantage of the opportunities that present themselves. However, this is not possible without risks. A balanced relationship is important. Risks threatening a company's existence must be identified …
PageWhat Is a Portfolio or BCG Matrix?
The BCG matrix or portfolio analysis was developed by the Boston Consulting Group. It provides a framework for the analysis of products according to growth and market share. The Matrix has been used since 1968 to help …
PageWhat Is the Ansoff Matrix?
The Ansoff Matrix - also called Product Market Matrix - is a tool for strategic management. It analyzes and differentiates between various growth potentials based on the product portfolio of a company and the external …
PageWhat Is the Four-Field Matrix Used For?
A simple four-field matrix is a good basis for evaluating projects. Necessary resources are related to the expected resulting effect / impact. Achieve a high output with Cash Cows and relatively low resource …
PageWhat Is a SWOT Analysis?
The acronym SWOT stands for Strengths, Weaknesses, Opportunities and Threats. The SWOT analysis is an instrument of strategic management and serves mainly to determine the position in strategy development. The result of …
PageWhat Is the Triple Constraint?
The triple constraint model (also known as the project management triangle, iron triangle and project triangle) shows the three parameters that determine a project and its success: Time, cost and performance or quality. …
PageWhat Is the Statement of Work (SOW)?
The Statement of Work (SOW) is the document that captures and defines all aspects of your project. You write down the activities, the results and the schedule for the project. It forms the basis for the project plan and …
PageWhat Is a Kickoff Meeting?
A kickoff meeting takes place at the beginning of the project or a new project phase. The project team meets and the project or phase plan is presented. In addition to the motivation of the team members, you can thus …
