Knowledge Shelf

The mission of Knowledge Shelf is to help project professionals and organizations advance our practice by sharing their experiences and viewpoints. It is comprised of a wide range of practitioners from a wide range of fields, covering both popular and niche topics. From lessons learned and case studies to opinion pieces and articles, the information presented may be either specialized or general, but will be current and vital. This platform gives a voice to peers new to our online community, and allows for longer form contributions on ProjectManagement.com. For more information on contributing to Knowledge Shelf, including licensing information, please see our Editorial Guidelines.

Research Results: What IT Project Managers Think About Financial Investment Firms Pursuing Straight-Through Processing With Agile and Workflow Management Systems

by Dr. Geoffrey Webster, PMP

Changes in the financial services sector have made achieving straight-through processing—a dedicated commitment to settle a securities transaction within 24 hours and minimize risk—a monumental effort. Can agile software development and workflow management systems have a positive impact on addressing straight-through processing?

Creating a Portfolio of Prioritized Projects

by Dr. Richard Bayney, PMP

By rank ordering projects, many companies mistakenly assume that all projects above the resource line constitute a “prioritized portfolio.” An optimal portfolio is a combination of projects that seeks to maximize value subject to a resource constraint while paying no attention to rank order. Follow this blueprint to implement portfolio optimization and maximize portfolio value in your company.

Digital Transformation

by David Shaw, PMP

Cloud computing and services are central to digital transformation. The cloud improves an organization's agility to rapidly roll out new IT solutions to meet business needs. The cloud by its fundamental nature reflects an adaptive (agile or value-driven) approach to delivering products or services. How does that fit into the usual five-gate phases in IT project governance?

Meeting Management: Lessons for the Project Manager

by Robert Barger, MBA, PMP

As a project manager, you need meetings in order to increase collaboration and resolve obstacles, but you may be taking productive time from the team member’s workday. Recognizing this helps you understand that maximizing your time together is essential. Learn how to make your meetings efficient, purposeful and interesting.

The Art of Stakeholder Conversations

by Soumya Maitra

Projects live and die by decisions. Such decisions are seldom made in isolation and are often the product of deliberations ripe with dominant management culture, stakeholder egos, their politics, risk appetite and resistance to change. Learn how you can maneuver these moving pieces skillfully to influence project sponsors and stakeholders toward concurrence.

You Can Become a Powerful Project Leader by Taking These Steps

by Andrea Masek, PMP

Project leadership takes guts. Face it, you take on some of the most complex assignments and are responsible for large budgets, resources and operational impacts. The steps outlined in this article will enable you to tap into your leadership potential, engage your teams and utilize proven techniques for successful project outcomes.

Insights for Managing Global IT Projects Virtually

by Charmaine Karunaratne, MS, PMP

Providing an introduction to virtual project management and its benefits to the audience, the author offers strategies and tactics to work in a virtual setting and addresses the challenges, application and appropriate technology. This paradigm shift can allow businesses to evolve and succeed by gaining a competitive edge.

The Business Case, Product and Process

by Klaus Nielsen, MBA, PMI-ACP, PMI-RMP, PMI-PBA, PMP

We all recognize the importance of benefits realization management. But benefits are identified and derived from the business case. Without a realistic business case, benefits realization management is hardly worth the effort. A development process based upon an iterative model and the use of best practices can increase the quality and trustworthiness of the business case.

Does Your Corporate Ladder Have the Right Project Management Rungs?

by Jon Vordermark, PMP

In many organizations, the career track for project managers can be a rather one-dimensional climb to the top. This article (for career-minded project managers and employers alike) recommends an alternative model, one that is more realistic, dynamic and strength-driven. It is in an organization’s best interest to leverage and reward such strengths in order to reap corporate benefits.

Automating Portfolio Status Reporting Using Microsoft PowerPoint

by Nilanjan Kar, PMP

Simple and effective automation can be used to publish and communicate one-page (or dashboard) project status reports using MS PowerPoint. This is one of the many uses possible and can be adapted to other needs. This approach, involving some VBA programming, can reduce repetitive and periodic tasks of reporting and uploading status reports.

Why Bad Projects Are So Hard to Kill

by Michael O'Brochta, PMI-ACP, PMP

Bad projects waste money and resources, divert attention from good projects, and sow doubt about organizational competence. Using project stories, this paper takes a look beyond why projects go bad to explore behaviors that contribute to keeping bad projects alive. Actions are provided that project managers can take to avoid being victimized by bad projects.

In-Between or Neither-Nor? Challenges and Opportunities for Meso Management in Development Projects

by Peter Pfeiffer, PMP

International Development addresses a vast array of issues related to social and economic transformation. This article draws attention to the importance of the meso management level, which helps to bridge the gap between the macro level where strategies are defined and the micro levels where the interventions occur. To be effective it must face challenges related to project governance and management competencies.

The Project Manager and the Subject Matter Expert – A Hidden, Yet Critical, Project Risk

by Thomas Conway

Some risks are not easily identified. Technical Interpersonal Risk (TIR), the complexity of managing technical projects wherein there is a significant reliance on subject matter experts (SMEs), fits neatly into that category. Awareness of potential impacts and mitigation strategies can help your project go much more smoothly.

Cybersecurity Impacts Upon United States Navy Undersea Tracking Ranges

by Adamson E. Streit, MBA, PMP, Bradley T. Dame, CISSP

Government agencies have recently found themselves asking questions about cybersecurity threats that they had not previously anticipated. In response, program managers must carry out a mandate of ensuring cybersecurity compliance while remaining on-budget. This paper seeks to provide answers and strategies while examining impact to schedule and budget.

Fast Tracking: A Special Area of Risk Management

by Anne Gromöller

Fast tracking can shorten a project’s schedule or easily cause rework to be required. It is of utmost importance to carefully weigh the risks prior to deciding whether or not fast tracking is the right option for the project. A quantitative estimate for calculating the monetary value translates the risk into hard currency.

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Workmageddon: Project Management

by Giles Miller

Project management is the application of tools, know-how and skills needed to accomplish project activities, satisfy stakeholders and make a little money, too. These skills are particularly valuable to entrepreneurs in a wide variety of fields. What can entrepreneurs in the hip-hop business teach us about project management?

OPCV™: The One-Page Curriculum Vitae

by Alessandro Cervellin

Decision makers typically have a short amount of time to select a candidate who best fits a job position and the One-Page Curriculum Vitae (OPCV) provides a useful tool. By using a timing diagram, it is possible to evaluate the time sequence of the most meaningful information and, at the same time, to evaluate previous professional experiences and activities.

Overcoming Objections: Lessons for the Project Manager

by Robert Barger, MBA, PMP

At some point in your project management career, you will be given a project that deals with a product or technology that you have not experienced in the past. Driving your project doesn't require that you be a subject matter expert in anything but project management. Asking five questions will help you resolve the obstacle.

Delivering Business Value on Agile Projects

by Dina Laresch, PMP

In a shift from traditional on-time and on-budget metrics, project managers increasingly collaborate with business analysts to measure business value as a key metric. Adopting a model based on feature analysis and determining feature business value sets the stage for results-driven, high-value project delivery.

Building Trust Through Project Management Practices

by Arunkumar Vijayapur, PMP

Trust and risk are closely related and go hand-in-hand. Use the project management practices built around Risks, Issues, Assumptions and Dependencies (RAID) to build both a trustworthy team and a trustful atmosphere.

Construction Extension to the PMBOK® Guide – A Glance at the Third Edition

by Fabio Teixeira de Melo

The third edition of the Construction Extension to the PMBOK® Guide was recently published. A supplement to the PMBOK® Guide for those in the construction field, this article is a teaser of the new edition. It makes brief comments about the changes from the previous edition and hints at the challenges experienced.

Quality Is Everybody's Concern and Project Management Is No Exception

by Jiwat Ram, Davide Bruschi

Quality is everybody’s concern. The rising stakes resulting from increased investments—combined with a shift from traditional to complex project management—has made quality an important pillar of the project management discipline. A case study illustrates the organizational benefits of continuous improvement through Kaizen.

Project-Managing Innovation: The Required Key Ingredients

by Colin Lough

How do we support innovation strategy in a way that best delivers business benefits and growth? Review the key enablers and common pitfalls and learn how project management can help you realize the greatest value from innovation.

Project Performance Demystified: The Five Project Phases and How to Master Them

by Elizabeth Dorey

This article proposes that the most effective projects naturally develop and evolve through a series of distinct phases and asserts that failing to recognize these transitions helps explain why so many projects fall short. Each phase calls for a distinct level and type of engagement. And that’s where your project management approach becomes critical.

Creating PMO Dashboards for Reporting Projects, Portfolios and Programs

by Nilanjan Kar, PMP

Consolidating and reporting all aspects of a project can be a challenge. Experience with managing projects teaches the importance of emphasizing relevant data versus following a prescribed format—follow these key points to create a template for dashboard reporting that is tailored to the needs of your audience.

Transparency in Project Management

by R. Sarma Danturthi, PhD, PMP

Transparency in everyday project management practice sets the bar high and gives project managers and their teams a sense of responsibility to stand by. Aligned with selected Process Groups and their Knowledge Areas from the PMBOK® Guide, this paper serves as a starting point to cogitate, initiate and implement transparency.

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