Project Management
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190 items found

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Topic Teasers Vol. 137: Lowering Software Purchasing Risk

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

Question: Due to major cutbacks at my organization, I have been asked to work on getting new software that we need to update. In the past, we had a procurement department to do this. Since they were all let go, finances are at a low level for us. How can I quickly get myself up to speed so that I lower the company risk when we sign a new software contract?

Topic Teasers Vol. 134: Unexpected Changes Lead to Alphabet Madness

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

Question: Due to the pandemic, my original project estimates aren't accurate. It’s not enough that we are over budget and behind schedule, I now need a way to show management how I predict this work will change financially and in terms of time. I learned some alphabet formulas to pass the PMP® exam, but that was years ago. Is there a simple way to calculate this stuff?

Topic Teasers Vol. 130: Early Money = More Money

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

Question: My manager is always pushing me to finish early or deliver parts of things. This makes no sense to me. Money is money. I would reason that as long as the business receives it before the end of the year and the final stakeholder’s report, what difference does it make if we deliver project outcomes it in one month or wait a couple more and make sure everything is perfect before things are released. Why the pusht?

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).

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