The Advantages of the Hydraulic Metal Press
A hydraulic press is being widely used today among manufacturers because of its reliable, versatile and efficient production. It is so versatile that it is chosen more often over the mechanical press,...
View ArticleTypes of Milling Machines
The milling machine is a versatile device that can carve, drill and mill metal into a number of products. They typically use a drill or cutting blade that is mounted to an arm that can move up and down...
View ArticleDifferent Types of Gas Flow Meters
Gas flow meters measure the amount of gas flowing through a system. They are connected to a pipe or tank and, as gas flows through the pipe or into the tank, these meters accurately take measurements...
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How to Calculate Email Conversion Rates
Your email conversion rate is a key metric and measures the percentage of successfully delivered emails that resulted in sales, signups or the specific action your emails were intended elicit. To...
View ArticleHow to Implement an Effective Quality Management System
More than a policy that's written and then promptly forgotten, implementation of an effective quality management system requires management to create a culture of pride, patience and tolerance. This...
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What Is a Matrix Organizational Chart?
Every organization has a structure that defines how it operates. This can be either a formal or informal structure. When it is a formally defined structure, an organizational chart shows who reports to...
View ArticleHow to Make a Carousel
A carousel is an amusement ride with rotating seats. Carousels provide entertainment for children of all ages and are particularly popular at birthday parties or other celebrations. Most amusement...
View ArticleHow to Create a Simple Chart
Charts are used in various ways to review the progress and financial condition of an organization. Whether you are creating a business plan or reviewing the success of a recent product rollout, a...
View ArticleHow to Write a Concept Statement
A concept statement is a formal document setting forth an idea in words and/or graphics to be presented to decision makers prior to actually implementing the idea. The "decision makers" could be a...
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How to Identify Project Risk
As a good project manager, you should be able to identify the project risks before you begin a project. Identifying the project risks can determine how smoothly your project goes. Before beginning a...
View ArticleWhat Is a Process Map?
Process maps are used in business and manufacturing as a visual depiction of the steps needed to create a product. Although process maps are generally used in the production of tangible goods, they can...
View ArticleBenefits of Process Mapping
As a visual depiction of an organization's work flow, process maps delineate the steps within the work flow. By analyzing the detailed flow, it is possible to identify areas that need improvements. In...
View ArticleHow to Export Live Lobsters
Live lobsters from Maine or Florida, considered a delicacy, are hardy crustaceans that can survive without seawater for up to eight hours, which means you can export lobsters by plane. You need special...
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How to Quote a Landscaping Job
Landscaping contractors create and maintain outdoor spaces for clients in homes, offices, public buildings, parks and other public areas. They carry out a wide variety of tasks, including landscape...
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How to Present a Program
Once your program model is complete, you will need to communicate your plan to both internal and external candidates. Whether you are seeking support or simply want to communicate your strategy, here...
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How to Determine Root Cause Using a Fishbone Diagram
The fishbone diagram is a tool you can use to determine the root cause of a problem or event. The fishbone diagram is also known as the Ishikawa diagram or cause and effect diagram and gets its name...
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How to Write a Project Report
Writing a project report can be a daunting task if you don’t start with an organizational plan. Project reports commonly contain the same basic elements that provide readers with information regarding...
View ArticleHow to Set Up Conference Calls
Conference calls provide a convenient solution for getting your team together to discuss a project, receive updated information, and gain consensus. Many companies have contracted conference service...
View ArticleHow to Plan a Production
Film productions, theatrical productions and productions for school or community theater each require a planning process in order to achieve exceptional results. The wrong planning process can result...
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What Is the Definition of Value Stream?
Value stream mapping is one of the key elements of lean and lean Six Sigma methodologies. Without adequate information about the value stream for a specific business operation, implementing...
View ArticleValue Stream Mapping Basics
The Lean Manufacturing methodology which evolved from the Toyota Production System includes Value Stream Mapping (VSM) as one of its core techniques for improving efficiency and streamlining processes....
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What Is a Six Sigma Project?
A Six Sigma project is used by businesses to strategically manage business processes, manufacturing or services through metrics, methodology and management. The project aims to cut errors in output or...
View ArticleHow to Develop a Project Plan
Business is a cycle of projects---creating, managing, completing them and then starting all over again. Although project goals may vary in content, planning for a project is the same process applied to...
View ArticleWhat Are the Qualities of Good Leadership?
A person who holds a leadership role may not always have the qualities that make a good leader. These qualities can be key to a company's success. Often, good leaders will get down in the trenches and...
View ArticleWhat Is Off Balance Sheet Financing?
When a business seeks outside capital for major projects, this transaction will result in a liability being reported on the company's balance sheet. In order to maintain a solid balance sheet to...
View ArticleProject Management Risk Identification
Risk management begins with analyzing the risks involved in the project. Risk identification is not a one-off initiative since projects are constantly evolving and new risks arise while other risks may...
View ArticleHow to Explain the Internal Rate of Return
The internal rate of return (IRR) provides a fundamental financial analysis tool for determining the attractiveness of various projects. "IRR" has become a major part of business vocabulary, but many...
View ArticleQuestions to Ask a Commercial General Contractor
When you are looking for a commercial contractor for your building project, you want to know that they can handle the scope, finances and problems which come with the project. You want to ask questions...
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Time Management Skills & Tips
Achieving effective time management is something that almost everyone strives for. But it can be much harder than it sounds. The frustration many people feel when they cannot accomplish what they want...
View ArticleHow to Prepare a Work Plan
Whether it's an event, project or program, most businesses require a strategy or plan of action for how to develop and execute the task at hand. Although an investment of time is required upfront, a...
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How to Perform an FMEA
An FMEA is a failure modes and effects analysis, an analysis that is typically performed during or shortly after the design phase of making a new product that will be introduced and sold. Once a new...
View ArticleWhat is Six Sigma
Six Sigma is a methodology for improving quality by reducing process defects. It was first introduced in the manufacturing arena as a twist on other quality methodologies. In the last couple decades,...
View ArticleBenefits of Six Sigma
Six Sigma has steadily gained in popularity since its introduction in the 1980s at Motorola. Based on quality methodologies and the Japanese focus on reducing defects, it represents a systematic...
View ArticleHow to Find a Grant Writer
A grant writer is an expert is drafting grant applications and proposals. Many non-profit organizations seek grants from corporations, the government, wealthy individuals and charitable foundations....
View ArticlePurpose of a Flowchart
Flowcharts help business managers, CEOs, project managers and organization planners assess the flow of data. Flowcharts are primarily used to help brainstorm ideas in order to build strategies in the...
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How to Bid on Snow Removal Contracts
Bidding on snow removal contracts is similar to bidding for any other type of contract. You are attempting to be the lowest cost bidder to provide a service for a set period of time or set number of...
View ArticleWhat Are the Key Steps for Project Management?
A project is a defined work effort with start and end dates. The key project management processes provide a framework for a project manager to successfully complete a project on time and within budget,...
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What Is Process Mapping?
Process mapping is a procedure whereby the steps in a process are clarified in writing, using a flow chart. Information about the process is gathered by a business or project leader, compiled into a...
View ArticleWhat Is Proposal Writing?
Proposal writing is one of the most important skills in business and technical writing. Companies write proposals to attract new business, sales clients and projects. Research professionals write...
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What Is a Master Service Agreement?
As with all contracts, a master service agreement is a contract that states the responsibilities and obligations of one party with another. Government contractors often use an MSA that covers several...
View ArticleHow Much Do Machine Shops Charge for Services?
Machine shops provide a valuable service to their customers. For a machine shop to have a profitable business, the service rate should cover the cost of doing business plus have a certain amount of...
View ArticleWhat Is a Project Financial Evaluation?
When a project fails, it's often because of a lack of research at the outset. Luckily, there's nothing more preventable. When a business undertakes a project, it needs to determine exactly what risks,...
View ArticleHow to Manage a Construction Company
Managing a construction company requires a diverse skill set. You must be able to understand the various business logistics of a company, the specific technical aspects of the construction your company...
View ArticleWhat is Brainstorming?
Brainstorming is a team effort in which new ideas and strategies are created to solve a problem or to reach a goal. Though brainstorming sessions should be designed to be relaxed and free from...
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Definition of a Request for Proposal
A Request for Proposal is a document used in many different industries. It helps formalize the bidding and pricing processes so that prices can be easily evaluated and compared. The Request for...
View ArticleThe Balanced Scorecard Definition
In the business world, profitability of a company is commonly used to judge its success. The balanced scorecard approach follows the belief financial information alone is an indicator of past success...
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