Project Management
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187 items found

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Approach to Project Management Fundamentals

by Fraser MacDuffee

With the PMBOK® Guide as the foundation, organizations can build their project methodologies to meet their specific business needs. The focus in this article is on the fundamentals of project execution. All of these elements are interdependent and take time and effort to build. Principled execution is the goal for our customers and ourselves.

Complicating the Project: When Simple Math Will Do

by Paul Baumgartner, PMP

Why inject complexity into your projects when elementary math will suffice? Cut through the quantification using these three simple formulas when engaging with stakeholders.

Getting Visual With Uncertainties

by William Davis

Sharing only single-outcome estimates of the future fails to convey project risk, uncertainty and the project team’s nascent project knowledge. A far better approach is to use visual signals to help project sponsors sense the uncertainties that they and their project teams face.

Project Management for Energy Reform: An Opportunity for Government

by Dan Potash

The benefits of project management for traditional energy projects, such as building a power plant, are well known. But there are also benefits for energy sector reform, particularly government initiatives. Project management techniques can help by clarifying objectives, engaging stakeholders, improving the speed of legislation, and managing scope and schedule.

Topic Teasers Vol. 129: Preparing for Recession

by Barbee Davis, MA, PHR, PMP, PMI-ACP, PMI-PBA

Question: I am the project manager in a small business? Oh, wait…I’m also one of the owners. My partners and I are concerned with what we read and hear in the news about a possible upcoming recession. We’re not sure how to adjust our projects and our other business practices to have the best shot of surviving if an economic downturn occurs. How can I use my project management skills to set up a “Live Through It Successfully” project?

How Much Time Should Be Spent Planning?

by Stephen Biddle, PMP

How long should we spend on planning as a proportion of the project lifecycle? That's a very good question, and one this practitioner often gets asked. So, is there an answer?

Performing Cost Control in Construction

by Mohamed Ammar

This article describes construction project cost control techniques without the use of special tools or software…and with the help of organizational process assets (OPAs).

The Limits of the Linear Approach to Schedule Variance

by Vladimir Malinovskiy

In this article, schedule variance is modeled to show the comparison and relationship of actual project progress and the schedule baseline. The underlying linear model of the schedule performance index (SPI) is explained and visualized with the budget square chart. The limits of the linear SPI approach are shown, and then an improved non-linear visualization is explored.

The Earned Value Budget Square

by Vladimir Malinovskiy

The article is devoted to the underlying mathematical concepts of earned value: linear function, Cartesian coordinates and tangent. The EV visualization named “budget square” is derived from these concepts—and helps us master the earned value concept for both certification and practical needs.

How to Model Testing in a Project Plan

by Stephen Biddle, PMP

We all know the last thing you do in the project is test it. The question, however, is how to plan for it. The problem with many project plans is that they don't allow for a situation where the test fails, which is almost inevitable. Here's some help.

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