What can we learn from contract management and apply to our roles, organizations and projects? Welcome to this two-part article where we’ll examine the CM profession and its people, processes, tools and key success factors. Its objective is to give you a basic understanding of the CM profession and their associations, roles, methods and tools, and success factors for managing their contracts to successful outcomes.
In Part 1 of this article, we reviewed the types of contracts, the CM methodology, profession and associations, and the role of the contract manager. Now we’ll review CM’s control tools, best practices, key success factors and the causes of failed contracts. Hopefully, this article and upcoming webinar will provide food for thought on how you can apply one or more of these to your PM role, organization or project.
Our webinar A Comparison and Contrast Between PM and CM Methodologies, Processes and Roles focused on contract management methodology and how it can be applied to an individual’s role and organization. Participants walked away from the webinar with renewed insight, and here the presenter tackles some of the questions from that session.
Creating a culture of trust is one of the most important roles of a leader. Trust improves team morale, which improves performance. Here are six cornerstones to building a culture of trust on your teams, from keeping your word to sharing the spotlight.
It all started with an ad in a newspaper, and quickly grew from there. Read how one practitioner realized his dream to become a project manager through an ambitiously planned professional path.
The effort to communicate effectively is worth the output, especially in workplaces. Know that we all have different ways of receiving information—and it changes with each individual.
Project managers lament a fundamental dilemma: a high degree of accountability and a low-level of authority. When things go well, others get most of the credit. But when a project fails, the finger gets pointed … at you. To confront this professional reality, and make the best of it, the author offers his own 12-step recovery program.
One area where new project managers seem to struggle is quality management. Let’s go back to basics and look at the foundations of quality (which will also be a useful refresher for everyone!).
How can two very different paths lead to a similar career destination? This experienced PM offers his reflections on how two very experienced project managers took very different routes to the same ultimate destination.
