Project

With tough business environment demanding faster execution and turnaround, organizations are taking short-cuts for planning and monitoring the projects. While these might reduce planning time, they might introduce the elements which could increase project efforts and thereby the costs. Project plans could be simple but they need to be at an appropriate level of detail. … Read more

One of the terms used very often by project management practitioners globally is ‘best practices.’ It may be surprising to note that project management itself was considered a best practice about a decade or two ago. Project Management has significantly matured since then. At the drop of a hat, professionals throw umpteen references to best … Read more

The Scenario A project manager is working on a project to develop a product/service in the retail domain. Two of its company’s competitors are also competing to get the product/service out on the market as soon as possible. Clearly, the first entrant would have a significant advantage. The originally planned project duration was 8 months. … Read more

Globally, organizations are moving towards a projected way to manage initiatives. These strategic initiatives broadly fall into three categories. Launching a New Product or Service or “From Idea to Launch” Customer Bid Projects or “From Quote to Cash” Efficiency or Productivity Enhancements or “From Request to Completion” The number of projects planned and executed has … Read more

The events of 9/11 changed the way the world, organizations, and professionals looked at risk management…be it at the enterprise level or at program/project management levels. Subject Matter Experts began looking for algorithms that could help organizations observe tons of data and draw risk-related conclusions from them. We have various sophisticated software that addresses this … Read more

If ‘time travel’ was a reality, what would you like to do going back 20 years in time? I am not hinting at your personal choices, but rather discussing with you a serious issue that professionals and organizations have faced and continue to face. Even with the latest technology and processes in place, senior leaders … Read more

Why is Project Kick-off important? Project kick-off is one of the most important events in the project course. However very frequently underestimated and even more not organized. Project kick-off is the real start of the project. Everything before is just preparation and warm up. Project kick-off should be recognised as the real start of the … Read more

I came across some discussions about what should be a proper Project Management Approach. Whether the Project Management should be focused on managing people, and the team, without the need to understand the project content. Another approach is to understand the project content and participate in even leading the project content creation.   Project Management … Read more

After almost 1000s of answers from more than 400 project managers from around the world, the conclusion “answer” — the biggest problem project management is facing is that seemingly no one can agree on what project management is. Certainly, almost of all us would agree that a project is a “unique endeavor” constrained by scope, … Read more

Let’s look at some of the pressing problems and challenges that PMOs face, and what they can do about it. 1. How much work is really going on? “All of my resources are busy, but is it on the right things?” There is a tremendous amount of activity that is going on at any given … Read more