While we all generally know what a pitfall is in the business world and understand that they should be avoided, the most obvious traps are still sometimes the ones we fall into—especially when managing projects with dozens of competing priorities that distract us and take our eyes off the trail ahead. This two-part article series identifies the top 10 reasons projects fail and focuses on how to avoid these common project management pitfalls.
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Overwhelmed by how technology is transforming project management? Looking to increase your productivity and learn new tech tools but don't know where to begin? No matter what your focus—medical, manufacturing, product design or otherwise—this virtual day of learning will deliver years of enduring value, with exclusive insights on how project managers are using new technologies. Register today!
This interactive session, with questionnaires and polls, will introduce the amazing progress and mini revolutions currently taking place in risk management: the cognitive and big data revolutions.
Inspired by Star Trek Next Generation's Jean-Luc Picard's saying, "Make it so, number 1," this webinar explores the underlying causes of project failures and offers practical ideas on how to improve your project success track record.
March Book Club - Project Management, Denial, and the Death Zone: Lessons from Everest and Antarctica
March Book Club Closing - Project Management, Denial, and the Death Zone: Lessons from Everest and Antarctica
Save Time With Tools + Templates
A significant source of project failures are due to insufficient risk management diligence. One approach we can take to help mitigate these nightmares is through the use of a document similar in concept to the failure modes and effects analysis (FMEA) methodology. This template should be used in conjunction with the article Systematic Risk Register.
This is a Project Status Report in Excel that can be used for periodic project information. Buffer, risks, milestones status and other relevant information are part of this report, which is a helpful tool for the project manager to show the project evolution.
Every project contains some level and amount of risk. To manage and mitigate project risks, it is important to have a risk management plan as a key artifact in the project toolbox. This assessment contains a section for project details and logs for risks, assumptions, issues, dependencies and change.
This presentation template is a formal customer-facing status report used for medium to larger projects, or for reporting multiple projects with the same stakeholder audience.
Learn From Others
The work breakdown structure is fundamental to project execution. When we expend insufficient time and develop inadequate detail on the WBS, the project will yield poor results and we can expect to see last-minute identification of critical elements. Here we look in greater detail at this essential tool.
The traditional approach to resolving project delays by throwing resources at the problem is full of issues. Unless we find a more effective way of managing resources, our success will always be limited.
Despite all of your best intentions, sometimes the project will be in trouble. If it is, it’s time to take a step back and learn how to deal with it. Here are some things to keep in mind as you try to stop seeing red.
People often misunderstand the story of Pandora’s box: When the ills that afflict mankind flew from the box, only hope remained. Unfortunately with project management, it is a problem many of us know all too well...are you guilty of hope?
Projects are the manifestations of scores of complex, unique activities that vary from project to project and industry to industry. But there are certain serious mistakes that are common in nature, and that are committed in many large projects. Learn how to deal with seven such major issues that are generally prevalent in almost all projects.
What drives a “Want to get away?” moment in our industry? Perspective matters. In the dynamic world of project management, a deliberate pause with your team to check on the fundamentals can be critical to project success.
A significant source of project failures are due to insufficient risk management diligence. One approach we can take to help mitigate these nightmares is through the use of a document similar in concept to the failure modes and effects analysis (FMEA) methodology.
Planning, Assessing, Analyzing and Monitoring Country and Political Risk During the PMI Risk Management Processby
Pursuing overseas or cross-borders business requires an understanding of the country and political risk—it is, indisputably, a key consideration. The author demonstrates how PMI risk management processes and best practices can be customized to expand the picture of country political risk assessments, identification, analysis and monitoring.
In a crisis, stakeholders look to the project manager to remedy the situation. The authors manage a team of critical situation managers in a large software and services company and share a list of best practices based on their team’s collective experience in dealing with similar situations over several years.
The project workflow framework enables even the inexperienced project manager to use detailed step-by-step guidance, examples, tools and practical advice, freeing experienced project managers to manage programs and portfolios and promoting better use of project resources to reduce the cost of projects across all industries.
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