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Are you economic savvy

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  Are you economic savvy? What Is Economic Forecasting? Economic forecasting is the process of attempting to predict the future condition of the  economy  using a combination of important and widely followed   indicators . Economic forecasting involves the building of statistical models with inputs of several key variables, or indicators, typically in an attempt to come up with a future  gross domestic product  (GDP)  growth rate . Primary economic indicators include  inflation ,  interest rates ,  industrial production ,  consumer confidence ,  worker productivity ,  retail sales , and  unemployment rates . 1.INFLATION Inflation is the decline of  purchasing power  of a given currency over time. A quantitative estimate of the rate at which the decline in purchasing power occurs can be reflected in the increase of an average price level of a  basket of selected goods  and services in an econom...
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Agile Waterfalls

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  Agile Waterfalls One of the most challenging and eternal questions in project management is “What way of organizing the work of software development to choose?” This is about development methodologies. This topic gets a lot of discussions and hot debates as every software development project start with the selection of implementation methods. There are two basic and most popular methods of managing projects in the modern software development industry:  Agile  and Waterfall. Waterfall  is the first of them. It can be also called the traditional method of software development. Agile   project management  is the second one. This specific type of Rapid Application Development is newer than the first type (it originated in the 2000s) and it is typically implemented with  Scrum  or  Kanban . Agile vs. Waterfall What is the difference between both methodologies? They both are usable and mature. The selection of a certain methodology depends on the...
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