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November 2024
Welcome to the latest edition of RepliconIQ!
Anticipating and managing risks, controlling wastage via careful resource planning and usage, and improving efficiency to deliver high-quality deliverables play major roles in ensuring a project’s success. So, in this edition, we will uncover how to guard your projects from potential risks, maximize efficiency, and reduce wastage to deliver high-quality outcomes while ensuring your projects stay within budget.
From Our Resources
Risk Register: What It Is & How to Create One
Not having a proper tool to anticipate, identify, and manage risks can increase the chances of unexpected contingencies that can disrupt the workflow and even derail a project from its track. This is where a risk register comes into play. Our detailed blog elucidates the intricacies of a risk register, its significance in project management, its types, and how you can create one for your project.
Read MoreWhat Is Lean Project Management?
Looking for a project management methodology that prioritizes minimum wastage, maximum value, and high-quality deliverables with minimal resource usage? Then, the lean project management methodology can come in handy. Read our in-depth guide on lean project management illustrating how this method was created, its three pillars, key principles, and how it is different from other methodologies like the agile methodology.
Read MoreUnderstanding Time and a Half: Calculations and Common Challenges
Time and a half is an FLSA-mandated overtime compensation that is paid to employees who work more than 40 hours per week in which they receive 1.5 times the regular pay rate for their extra time and efforts. But, who qualifies for this pay rate and what are the common issues in calculating time and a half pay? Dive deep into the intricacies, common pitfalls, and eligibility criteria, and how to calculate it step by step with our in-depth blog.
Read MoreCase Study
Connery Consulting Achieves Painless Client Billing
Connery Consulting is a Human Resources advisory firm based in San Francisco that provides strategic HR services to companies in the technology and financial services markets. They specialize in designing scalable recruitment, compensation, performance management, and people operations practices and offer services for talent acquisition, onboarding, compliance audits, etc.
“Everything we do is on an hourly basis. To account for that we used spreadsheets, and at the end of each month it was extremely painful to sit there and go from spreadsheet to spreadsheet and also invoice to invoice. On a day when I would have spent the entire time doing billing, it now takes me an hour or two hours to get all of our invoicing done.”
Nancy Connery, Founder and Principal, Connery Consulting
Read the Case Study