Project managers need soft skills and effective techniques to secure approval and gain support from stakeholders and commitment from their team. The foundation is an understanding of what business benefits the executives value.
Economists are trying to figure out how long and how deep this recession will be. As a business owner I think they’re missing the point. The point is that this recession will come to an end as every one before it has done.
Often project planning is ignored in favour of getting on with the work. However, many people fail to realise the value of a project plan in saving time, money and many problems. This article looks at the steps for creating a simple plan at the beginni…
If you don’t know the values and costs of not executing your projects then you’re probably not maximising the value of your project portfolio and you may be working on the wrong projects. Most project portfolio managers are not including the actual val…
Economists are trying to figure out how long and how deep this recession will be. As a business owner I think they’re missing the point. The point is that this recession will come to an end as every one before it has done.
I’ve always believed that, on a day-to-day basis, most owners are more concerned with making the year’s profits goals than the value of the business as an asset. But it had never really occurred to me that anyone would not consider selling either for t…
In a study by TBC (Tylee-Birdsall & Co) it was determined using the value mapping procedure that most technical design projects could theoretically be completed in half the time if they were managed perfectly and there was no rework required. If we the…
Six Sigma has certainly helped organisations to improve efficiency and quality, but just like any other quality-improvement concept, it is not completely free from limiting factors. For example, the biggest concern with Six Sigma is long project cycle …
The problem with project management and IT is that all too often, project management is an afterthought on a project. It is often perceived as “project control” or an administrative function that tracks issues and schedule dates based on best guesses. …
Project Portfolio Planning: Create Storms, Not Forms
By Sondre Bjørnebekk
Strategic portfolio management goes beyond what is typically achieved in a project management office. My best attempt at formulating this is: Create storms, rather than forms.
A…