Estimating something to be developed in a product—something that has not been done before—involves inherent uncertainty, not the least about how much work is required to produce a finished product. Estimation is about having a grip on the size of a project in terms of the amount of work, complexity or functionality, and is critical to the business.
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How might efforts to "scale agile" and apply its self-organizing principles to the development of increasingly complex solutions impact the project management discipline? Two key challenges are identified: the purposeful avoidance of the project manager role and favoring stable, persistent teams over temporary organizations.
When you work with subcontractors, they become an extension of you to your clients and you want them to deliver quality and continue your good name and good standing. Subcontractors, just like employees, can either be a joy or a nightmare, but you can impact which it will be. This article provides eight techniques that deliver effectively.
Security foundations for a project should be strongly laid in the initiation phase, preferably when the project charter is created and signed to document all possible risks, threat vectors and security loopholes, and should include conceivable remediation measures. Internal, external and technology-related risk are examined in alignment with project management processes.
System archetypes are reoccurring patterns of behavior that can be found in any type of organizational system. They serve us as effective tools to diagnose projects, identify and manage risks, and point out underlying structures that are signaling where fundamental decisions must be made in order to fix a root cause.
Leaving a career as an IT professional to become a principal in a video-content firm, the author thought he might also be leaving his project management practice behind. But in the middle of his first film project, wondering how to achieve his next milestone, he realized how his project management skills would transfer into his new role.
Strategic risk management belongs in any collection of organizational process assets! By examining domain-specific types of risks (strategic, operational and tactical) and how corporations react to them, this article demonstrates why strategic risk is of the utmost importance to corporate governance and, by extension, to the chairman and board of directors.
It is a critical decision process for executive teams as to whether, why and when to embark on an agile transformation. Practicing new ways of working and transforming an entire organization is a huge challenge but can help enterprises to deal with digital disruption, reduce costs, boost efficiency and improve quality.
“Where’s my package?” It’s a question we are all familiar with. Project management in the field of logistics requires broad insight into a true end-to-end process, quality documentation and far-reaching team management skills. How does one manage this process for a customer?
Effective decision-making requires forecasting the outcome of each option based on the probability of alternative scenarios. As a project manager, you must become the financial advisor on your project. Management reserve should be added to your baseline costs, then used to manage the uncertainty of risks and to mitigate variability.