The professional world of project, program, and portfolio management has seen unprecedented changes in a matter of two decades. Not every move has been excellent! Of course, the corporate world has (hopefully) learned its lessons too. In the past, when people worked on projects, it was just project management, and they were project managers. There … Read more
Since the advent of modern management, organizations and professionals have experienced profound satisfaction and joy in their ability to churn reports. Management ‘gurus’ played their part in pushing the need for these reports. It started with our good old and humble Microsoft Excel, and PowerPoint-based graphs and pie-charts. Creating and sending an excellent looking report … Read more
As a professional, you may work on different assignments at your organization. Some of them could be projects while some could be regular operational assignments. More the number of jobs you work on, more the number of tasks that you are responsible for managing. Each of these engagements has different levels of complexity, urgency, and … Read more
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
