Data Gathering in Portfolio Management
byMaking good business decisions while managing a portfolio often comes down to gathering the proper data and creating useful business intelligence. Here's some advice on four critical stages of the process.
Making good business decisions while managing a portfolio often comes down to gathering the proper data and creating useful business intelligence. Here's some advice on four critical stages of the process.
Claims arise in a project mainly due to lack of clarity in scope and specifications, ambiguities in contract clauses, interface scope with other projects, site conditions and time constraints. Here we discuss various scenarios and issues that can arise during project execution—along with possible solutions to address the issue of claims management in construction projects.
How can one deal with delays on the approval of engineering documents in projects? Stressing the need to balance expectations between suppliers and customers, the author explains the triggers that lead to divergences on deliveries and a method to reduce the occurrence of comments having low relevance in engineering documents.
Everyone gets a difficult customer every now and then. The project manager must learn to deal with them while getting the job done at the same time. Having a planned approach ready can help create a positive outcome.
There's no getting around itsooner or later, you're going to have a client or co-worker who's a little hard to handle. Understanding personality types and catering your style of communication are the keys to managing these difficult people successfully.
One challenge facing project managers is being able to sense disruption’s presence, understand its cause and then combat it. What are some of the causes of project disruption, and what can PMs do about it?
For many of us, “bad apples” can have an evil influence on projects. They include the malevolent kind—those who for one reason or another will intentionally attempt to have a negative impact on the project.
You know how everything seems to be going so well until that one person steps into the meeting? How do you deal with that one customer who is just never satisfied?
Some things in life are inevitable--unfortuntely, customers are not. You have to build a strategy to get and keep customers, based on who your customers are. Different types of customers require different CRM approaches, but one thing is certain: You can't afford to ignore CRM.
Project managers and teams can and should seek opportunities to propose actions to increase project ROI. But first, sponsors must be engaged to quantify the project’s value, and, equally important, to establish how it can and can’t fluctuate due to schedule delays and scope changes. Here are steps to make it happen.
The only people who find what they are looking for in life are the fault finders. - Foster's Law |