Mon, 18 Feb 2019 02:11:27 GMT The Money Files https://www.ProjectManagement.com/blogs/256120/The-Money-Files A blog that looks at all aspects of project and program finances from budgets, estimating and accounting to getting a pay rise and managing contracts. Written by Elizabeth Harrin from GirlsGuideToPM.com. 3 Ways Processes Add Risk to Projects [Video] https://www.ProjectManagement.com/blog-post/51398/3-Ways-Processes-Add-Risk-to-Projects--Video-- Tue, 12 Feb 2019 14:00:01 GMT The processes you have for project management – or lack of them – can add significant risk to your project. But you don’t often find them called out on the risk log. Poor processes can add time delays, extra steps and confusion. They contribute to poor communication and overspen... 3 Principles for Project Metrics https://www.ProjectManagement.com/blog-post/51397/3-Principles-for-Project-Metrics- Thu, 07 Feb 2019 18:25:13 GMT How often have you looked at a set of data points and wondered what the… point was of capturing them at all? I’ve seen PMOs with measures for how many projects were closed in a month but not measures for whether those closed projects were done on time and on budget, for example. Sometim... 10 Things You Should Have Done Last Year on Your Project Budget https://www.ProjectManagement.com/blog-post/50334/10-Things-You-Should-Have-Done-Last-Year-on-Your-Project-Budget Tue, 29 Jan 2019 14:00:02 GMT It’s January: the time that we reflect on past achievements and future goals. So let’s take a moment to look back at how you did at work with your approaches to project cost management. I know, I know… you followed your team’s methodology to the letter and did All The Thi... 3 Levels of Project Quality [Infographic] https://www.ProjectManagement.com/blog-post/50332/3-Levels-of-Project-Quality--Infographic- Tue, 22 Jan 2019 14:00:01 GMT How do you define the right level of quality on your project? Your project sponsor probably has expectations you need to meet. Your team has a level to which they can deliver. You have to find a way to balance the competing needs and hit a quality level that suits as many people as you can. At le... Deep Dive: Project Schedule Management: Define Activities https://www.ProjectManagement.com/blog-post/50331/Deep-Dive--Project-Schedule-Management--Define-Activities Wed, 16 Jan 2019 14:00:01 GMT Today’s deep dive into the PMBOK Guide®-- Sixth Edition is into the second part of Project Schedule Management: the Define Activities process. I’m going to call out the differences between this process and what we used to have in the PMBOK Guide® -- Fifth Edition. The project ... 3 Ways Your Team Adds Risk to Projects [Video] https://www.ProjectManagement.com/blog-post/50330/3-Ways-Your-Team-Adds-Risk-to-Projects--Video- Tue, 08 Jan 2019 14:00:01 GMT The people in the project team, and the processes they use, are a risk factor to your project. You might not have them on your risk register, but they definitely add risk. For example: if you end up working with an inexperienced team, you’re in a more risky situation than one that’... Cost Management Resolutions for 2019 https://www.ProjectManagement.com/blog-post/49636/Cost-Management-Resolutions-for-2019 Thu, 27 Dec 2018 05:00:02 GMT I'm not the best at making resolutions for the new year. Last year, for example, I vouched to spend more time on self-care and say no to too much work. That didn't work out so well. Project managers sometimes ask me what I think they should be doing better or differently. We all seem to h... 5 Ways Data Protection Can Save Your Project Money https://www.ProjectManagement.com/blog-post/49598/5-Ways-Data-Protection-Can-Save-Your-Project-Money Thu, 20 Dec 2018 05:00:02 GMT Data protection has been a hot topic this year because of GDPR coming into force in the EU earlier in 2018. Other countries are following – keeping customer, supplier and staff data confidential is so important. Data breaches have massive implications for projects and organisations. As you ... Deep Dive: Project Schedule Management: Plan Schedule Management https://www.ProjectManagement.com/blog-post/49433/Deep-Dive--Project-Schedule-Management--Plan-Schedule-Management Thu, 13 Dec 2018 05:00:02 GMT Regular readers will know that I’ve been doing a series called What’s New In the PMBOK Guide®-- Sixth Edition. Recently we’ve been looking at Project Resource Management. However, it’s been so long since the Sixth Edition came out that it doesn’t feel right to call ... 3 Ways Strategic Factors Add Risk to Projects [Video] https://www.ProjectManagement.com/blog-post/49426/3-Ways-Strategic-Factors-Add-Risk-to-Projects--Video- Fri, 07 Dec 2018 14:08:24 GMT Strategy plays a huge part in whether or not your project is going to be a success. Yes – things decided way above your pay grade influence the outcomes of your project. That happens through risk. The corporate approach to strategy (or lack of it) massively shapes how your project is going ...