As the holiday season approaches many of us think about watching our weight, but probably do little to actually maintain it. As an alternative this year I would suggest we turn our attention to the …
Organizational Obesity – Companies need to go on a project diet Read More »
I was recently contacted by an organization to conduct an assessment of a major project that was going south. I was told the project started seven months ago and consistently missed planned milestone dates since …
Project Definition – Why, What, Who, When and How? Read More »
The Project Management Office has been around for quite some time, but to be effective an emerging trend is developing indicating that the PMO needs to influence and impact the strategic, developmental and tactical levels …
What Makes a Project Management Office (PMO) Effective? Read More »
When I manage a project or provide project management training or mentoring I often refer to The Project Management Institute’s Body of Knowledge (PMBOK) nine process groups (Integration, Scope, Time, Quality, Risk, Procurement, Human Resources, …
As project manager’s we need to have a knack for rallying teams toward a common goal rather quickly. Over the years I have used the following key principles and activities to blend teams and provide …
As an added bonus, Earned Value enables us to predict future project performance based on the CPI and SPI. To predict future project cost we can calculate two indicators: Estimated Cost At Completion Optimistic (ECAC …
Introduction to EVM – The Cherry on Top of the Cake Read More »
Until now, we have been talking about the key values related to a task. But what about work packages? Let us assume the following example: Since no resources are assigned to the Work Package, we …
The example of last week presents us with some good and bad news. But how much more productive were we and how much behind schedule are we? The EV technique presents us with the results …
Financial Pitfalls Never wonder why each week the project is always on budget but the project always finishes costing more or finishing latter? Imagine that you have a three-day project with one task done by …
The project where the previously described EVM model was applied was in a IT project with the goal of deploying a business supporting infra-structure for a company in the financial market. The project FTE is …
Earned Value Management Applied to Small Projects Case Study Read More »