A consulting firm is a business of one or more experts (consultants) that provides professional advice to an individual or an organization for a fee. The primary purpose of a consulting firm is to provide access to industry-specific specialists/consultants and subject-matter experts.

 What is a consultant do? and Criteria

Job Duties. Job duties can vary depending on the industry in which a consultant is working and based on the specific field of expertise. Fixing or improving a particular component of client's business is the broadest duty for which consultants are hired.

 consulting services? and Criteria

The providing of expert knowledge to a third party for a fee. Consulting is most often used when a company needs an outside, expert opinion regarding a business decision. For example, a company seeking to sell its products abroad may look for a consultant familiar with the business practices of the target country.

 Why would a company hire a consultant? and Criteria

A consultant may be hired to identify problems. ... Sometimes a business discovers it can save thousands of dollars a week by hiring consultants when they are needed rather than hiring full-time employees. They also can save additional money because they don't have to pay benefits to the consultants they hire.

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The characteristics of a successful project therefore include a well-defined and well-understood set of requirements, realistic scheduling, effective channels of communication and clear reporting procedures, formal change management procedures, good leadership, and sound management of personnel and resources. Successful projects tend to occur within an organizational culture that is willing and able to investigate and deal with problems, where the vision behind the project is shared by all of the stakeholders, and where the project manager demonstrates effective communication skills when dealing with clients and project team members. Indeed, where project leadership is concerned, communication skills take far greater precedence than technical knowledge.

When considering the criteria for success, it is easy to reduce the matter to a question to whether or not all of the project objectives have been achieved, and whether they have been delivered on time or not. These are certainly important considerations, and can be objectively assessed (assuming, of course, that the project objectives and completion date have been clearly defined in the first place). There are perhaps some more qualitative (and subjective) success criteria that could be used, such as whether the project team members feel at the end of the process that they have delivered a quality project, whether they have a sense of achievement, or whether they feel they have been allowed to exercise autonomy and work creatively. Unfortunately such criteria cannot be precisely defined or measured, although they may be just as important in some ways as those that can. The success criteria that can be objectively evaluated are commonly linked to the objectives defined in the project's scope document and therefore tend to include:

 Project Phases

There are five (5) Basic Phases of Project Management

 Project conception and initiation :  An idea for a project will be carefully examined to determine whether or not it benefits the organization. During this phase, a decision making team will identify if the project can realistically be completed.

 Project definition and planning :  A project plan, project charter and/or project scope may be put in writing, outlining the work to be performed. During this phase, a team should prioritize the project, calculate a budget and schedule, and determine what resources are needed.

 Project launch or execution :  Resources' tasks are distributed and teams are informed of responsibilities. This is a good time to bring up important project related information.

 Project performance and control :  Project managers will compare project status and progress to the actual plan, as resources perform the scheduled work. During this phase, project managers may need to adjust schedules or do what is necessary to keep the project on track.

 Project close :  After project tasks are completed and the client has approved the outcome, an evaluation is necessary to highlight project success and/or learn from project history. Projects and project management processes vary from industry to industry; however, these are more traditional elements of a project. The overarching goal is typically to offer a product, change a process or to solve a problem in order to benefit the organization.

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