Sun, 28 May 2017 06:37:05 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 and accounting to getting a pay rise and managing contracts. 3 Ways To Procure Without Competition https://www.ProjectManagement.com/blog//blog-post/29549/3-Ways-To-Procure-Without-Competition Tue, 23 May 2017 12:00:01 GMT Yes, there is such a thing! Not all project procurement processes have to be a struggle for who comes out top and a hugely competitive bidding event. Here are 3 project processes where there isn’t an element of competition. 1. Use a Preferred Supplier You probably know this already but y... 5 Conditions for Legal Contracts https://www.ProjectManagement.com/blog//blog-post/29548/5-Conditions-for-Legal-Contracts Thu, 18 May 2017 12:00:02 GMT It has been a long time since I did AS Level Law aged 17, and I remember contract law being the less interesting part of the course. However, some of it is still relevant to my job today. For a contract to be legal, certain conditions have to be met. There are 5 conditions to fulfil before you can s... Ask The Expert: Lauren Maffeo https://www.ProjectManagement.com/blog//blog-post/29547/Ask-The-Expert--Lauren-Maffeo Mon, 15 May 2017 12:00:00 GMT It’s been a while since we’ve had an Ask The Expert column so I figured it was about time I reached out to some people and brought you some insights from others! I caught up with Lauren Maffeo, project management researcher at GetApp, recently and here’s what she had to say. Lau... The Different Types of Project Resources [Video] https://www.ProjectManagement.com/blog//blog-post/28843/The-Different-Types-of-Project-Resources--Video- Thu, 27 Apr 2017 03:59:57 GMT In this video I talk about the different types of project resources that you'll encounter on your project. 'Resources' isn't just an unfriendly way to talk about people! 5 Common Approaches for Performance Measurement https://www.ProjectManagement.com/blog//blog-post/28698/5-Common-Approaches-for-Performance-Measurement Mon, 24 Apr 2017 03:59:59 GMT How do you track the performance of your project? Here are 5 ways that you can do it. 1. Fixed Formula This is pretty easy. Assign a fixed percentage when the work starts. Then make it up to 100% by allocating the rest when the task finishes. The Pareto principle is a good one to use if you... 5 Non-Financial Project Benefits https://www.ProjectManagement.com/blog//blog-post/28697/5-Non-Financial-Project-Benefits Wed, 19 Apr 2017 03:59:58 GMT I know that business cases are essential for projects (not convinced that they are right for you? Watch this video on the 3 reasons why you should think again). But often they aren’t reasonable because the focus is on financial return. If your project is generating a ton of revenue and tang... 7 Contract Terms You Should Know https://www.ProjectManagement.com/blog//blog-post/28695/7-Contract-Terms-You-Should-Know Fri, 14 Apr 2017 12:56:29 GMT Project procurement is full of jargon – it can seem like a totally different language at times. Here are 7 contract terms that you should know. 1. Waiver A waiver is where you voluntarily surrender an option under the contract. It’s a concession. You ‘let the supplier off... Thoughts on Benefits Realization Management [and Book Review] https://www.ProjectManagement.com/blog//blog-post/27701/Thoughts-on-Benefits-Realization-Management--and-Book-Review- Thu, 23 Mar 2017 11:59:57 GMT I’ve been thinking a lot about benefits recently. It was the feature of a week of discussion questions in my Facebook group, and I’m leaning more and more towards benefits being something that the project manager has to get involved with. This idea that we deliver the outputs and then th... 3 Reasons Why Your Project Budget is Overspent (and what you can do about it) https://www.ProjectManagement.com/blog//blog-post/27464/3-Reasons-Why-Your-Project-Budget-is-Overspent--and-what-you-can-do-about-it- Thu, 16 Mar 2017 12:59:50 GMT In this video I look at 3 common reasons for going over budget, and point out some quick things you can do to put them right. Want to learn from Europe's largest construction project? https://www.ProjectManagement.com/blog//blog-post/27443/Want-to-learn-from-Europe-s-largest-construction-project- Thu, 09 Mar 2017 10:59:57 GMT Platform construction at Liverpool Street station completes © Crossrail Ltd. Infrastructure projects in the UK don’t always get good press, but that is starting to change. Crossrail, in particular, is spoken of in very high terms. At a training event I attended recently, one of the del...