A project schedule is an indispensable tool in the hands of a Project Manager to efficiently manage and direct project work. A well-constructed and maintained schedule is a key ingredient needed for the success of any project. The DCMA 14-point assessment offers a project manager an industry defined method to quantitatively evaluate a schedule and improve its quality. The project manager may use the DCMA 14-point assessment at the beginning of the project as a set of guidelines for developing a logic driven, solid and manageable schedule, and throughout the life of the project, as a set of health checks for periodically evaluating the schedule against a set of measurable criteria. It is not always easy to change traditional scheduling practices and compromise the apparent simplicity of a schedule.
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Every project has multiple work streams that project manager must ensure are ready to help deliver the promised benefits of the initiative. A managed OCM workstream is the most effective means of ensuring successful adoption of the work. However, there are OCM specific tools and techniques the project manager can use to effectively deliver this workstream. This presentation will explore those technical details and also discuss a communication strategy, so all stakeholders are aware of the workstream and the value it adds to the project.
December 2017 Book Club Q and A Closing Webinar – The Business of Portfolio Management – Boosting Organizational Value
Closing Q and A webinar for December 2017 Book Club on The Business of Portfolio Management – Boosting Organizational Value by Iain Fraser
Closing Q&A webinar for December Book Club on The Social Project Manager
This presentation explores the concept of bounded rationality & its impact on project management decisions. Different bounds have been identified & discussed which impacts critical decisions during different phases of the project life-cycle. A bound free model of decision making has been discussed as part of this webinar.
The process of project management is the process of making decisions. Much of our thinking about how to make decisions reflect an ideal generally called rational economic actor. In an ideal world, you weigh the alternatives based on reliable data, compute the most advantageous path and decide to choose that course. We maximize the expected economic outcome given some set of constraints. Ideally, we do this in a timely manner using a process that is transparent and inspectable. Everyone involved can understands why that particular decision was made. In the messy real world, we down-select the alternatives to consider. We work with limited data, fuzzy or even inaccurate data and, frequently, decide to take the path of least resistance. Getting to better decisions requires some planning well before the decision is to be taken. Increasingly we acknowledge the role our inherent biases play in our decisions. The insights of behavioral economics allow us, up front, to design decision making strategies and processes which limit the role of our cognitive biases. No process will immunize us against all failures but knowing what to look out for increases our success rate. During this talk we will examine how to increase the chances that our decisions will actually advance our project’s objectives without being stick in analysis paralysis. We will discuss how to make your decision making more aligned with your goals and make those decisions quicker and more reality based.
This webinar is Part I of a two-part series that is aimed at breaking down the computational content of the PMBOK® Guide and making it more understandable, as well as applicable to the real world.
This webinar is Part II of a two-part series that is aimed at breaking down the computational content of the PMBOK® Guide and making it more understandable, as well as applicable to the real world.
This webinar will review the benefits of incorporating design on projects and provide a high-level overview of methods and tools.
The 3P’s to Success (Purpose, People, Performance) is a business philosophy promoted in the book ‘The Business of Portfolio Management – Boosting Organizational Value’. The project economy can scale upwards so that value-based portfolio management becomes ‘a way of doing business’. However, that needs to be integrated business objectives. That is best done via a modern light version of a balanced scorecard for planning and reporting purposes. This presentation is focussed on the design, development, and deployment of a modern light balanced scorecard that allows for organizational-wide performance to be shown and communicated. EPMO and portfolio leaders in particular will benefit from its content and messages.