Microsoft Project is an inescapable part of a PM's life. There seem to be two schools of thought on this tool, and our writer examines both of them in this two-part story. Up first: the strengths of the tool and how it can help project managers become more effective.
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Microsoft Project is an inescapable part of a PM's life. There seem to be two schools of thought on this tool, and our writer examines both of them in this two-part story. In the conclusion, our writer looks at some shortcomings. But are those a problem with the tool, or with the people who use it?
Runaway costs are pretty easy to spot--but reducing them is another story. In this review, a book with a number of components that make it a reference or every IT manager is examined.
One of the most important roles of PPM is budget management, and financial management is a key skill for portfolio managers. But at the portfolio level it’s not that simple. Here we offer some thoughts on how portfolio-level budgets should be planned and managed.
At the turn of the century most would have agreed with the notion that the CIO was gaining ground as a true leader within organizations. Now in 2010, the pendulum may be swinging in a different direction. Is the future of the CIO in question?
To achieve business leadership, we need to have competitive advantage direction from people dedicated to the principles of cost leadership. While it may not get quite the hype that cost reduction efforts do at an organization, it has the potential to meet crucial company goals.
For too long, the IT department has been shouldering the financial burdens of other department projects within organizations. It's time for CIOs to stand up and speak out and reclaim their budgets in 2011.
Earned value can be a powerful performance measure on projects. But there are several things that need to be in place before it can ever be adopted by a PM on a single project, let alone by an organization on all of its projects.
Why do stakeholders' eyes roll when you try to explain why earned value is a good thing--and how it works? Ever wonder why claiming partial credit for projects in progress is met with skepticism and ire? Maybe it’s time to rethink the concept of EV as a way to measure project performance and progress.
Former British prime minister Benjamin Disraeli is credited as saying, “There are three kinds of lies: lies, damned lies and statistics.” To this we clearly might also arguably add a fourth: earned value. Here we explain its three deadly sins--those of omission, commission and deception.