Exploring trends and developments
in project management today.
Miscellaneous
Articles about project management, quality, innovation, evaluating project management systems, e-commerce projects and benefits realisation.
Root Cause Analysis
When mistakes are made during the course of your project, and mistakes will be made, its important not to repeat them. Before you can avoid repetition you have to determine what caused the problem in the first place and Root Cause Analysis is one of the best tools out there for getting to the root of the problem. This article provides you with some helpful tips on organising and conducting a Root Cause Analysis.
Are Your Project Managers Working too Hard to be Successful?
'Progress isn't made by early risers. It's made by lazy men trying to find easier ways to do something.' - Robert Heinlein (1907 - 1988). The latest Standish Group report shows more projects failing and fewer successful projects. So what is going wrong out there? Why are your projects being challenged in this way? Are your project managers perhaps working too hard to be successful for you?
The Real Costs of Failed Projects
Ever since the CHAOS report of 1994, we have been hearing increasingly more alarming stories of failed projects and their costs to the world economy. Take, for example, the KPMG study published in the UK in 2002 and based on a survey of 134 public companies. According to the report, 56 per cent of them had had to write off at least one IT project in the previous year, at an average cost of US$12.5M, while the highest loss was placed at US$210 million.
How Does Your Quality Management Assessment Method Stack Up?
Not all testing methodologies are created equal. On one hand for instance, there are informal assessment methods that serve as practice sessions in preparation for applying for compliance certificates. Then, there are formal testing methods that must meet the rigorous requirements that are set by the industry standard Testing Maturity Model Integration (TMMi) for two reasons, to earn a merit of approval and to be proven effective through the TMMi certification.
Ten Predictions for Project Management Trends in 2009
2008 was an eventful, prosperous year for the project management practice, project management service and solution providers. The stage has been set for some very exciting changes in the project management world. I discuss ten potential project management trends that may be more prominent in 2009, into 2010 and beyond.
Are You Using Your Resources Ideally?
Everyone talks about the economic crisis as though it will pass if we take the proper financial medicine. But that is a naive assumption. The crisis has introduced a new world order that will persist for many years to come. To develop and create growth, the wisest thing we can do is to utilise the resources we already have. It will take courage and real commitment, and the right tools.
Your Project Does Have A Goal
Projects don't (or at the very least, really shouldn't) start because there are some developers sitting around twiddling their thumbs, time on their hands, nothing to do. No, a project starts because some conscious agency, a creator, decrees that there is a problem to be solved, an aim to be met, a goal to be achieved.
The New Face of Strategic Planning: Bridging it with Project Management is the Key to Success
With the current economy in crisis, businesses are scrambling to stay afloat. Many are abandoning their strategic, long term objectives for quick fixes and short-sighted survival tactics. Some of today's most popular business books from The Tipping Point to Freakonomics feature companies that have stumbled upon greatness without an ounce of strategic planning involved. And with the rapid evolution of real-time media, virtual offices and globalisation, companies seemingly have to change their game plans on a daily basis to keep up.
Tips For Avoiding Project Failure
Studies have shown that many IT projects are considered to be failures. The Standish Group has reported high failure rates for years and recently a study by KPMG found that about half of the respondents reported at least one failed project in the past year. Why do projects fail? The reasons are too numerous and varied to identify; however, I'll discuss some common failure points.
6 Success Factors for Managing Project Quality
Commentators have differing views on what constitutes a quality project. The generally agreed parameters are that it delivers the desired outcomes on time and within budget. Through our long experience, the Transformed team has identified 6 key factors that improve project quality.
Project Management in these Economic Times
We're living in some of the worst economic times in 60-70 years. Businesses are closing. Analysts are estimating a possible 20% vacancy rate for businesses across the country by the end of 2009. Here in Las Vegas the once flourishing hotel and casino industry is seeing bankruptcy filings and halted construction projects throughout the valley. So what does this all mean for Project Managers? Customers sometimes think of Project Managers as the 'extra' expense on an IT project. If you are a Project Manager, then you know that's ridiculous.
The Needle in the Haystack: Tips for Choosing the Right Project Management Tool
As you well know, there are a myriad of software products on the market today. The applications, themselves, range from freeware to multi-faceted programs with service contracts that can cost in the tens of thousands of dollars. Further, the software is made by familiar name brands, such as Microsoft Project to software that is created by more obscure startup companies.
How to Do RACI Charting and Analysis: A Practical Guide
A RACI chart is a matrix of all the activities or decision making authorities undertaken in an organisation set against all the people or roles. At each intersection of activity and role it is possible to assign somebody responsible, accountable, consulted or informed for that activity or decision. This guide sets down in a clear way the benefits of the approach and takes the reader through the steps needed to create and then analyse a RACI Chart.
How Pie Charts, Mr. Spock and the Big Picture Can Optimise Your Projects
Some days IT executives earn their salaries and then some: multiple deadlines for simultaneous projects, staff with different skills, competing schedules and priorities, and multiple unforeseen variables. What's the best way to allocate resources across projects? How can you ensure you stay on budget and meet established deadlines? Read up on the latest tools designed to make your job easier!
The 7 Habits of Highly Effective Dialogue
Stephen Covey's seven habits of highly effective people have become classic pieces of leadership and management wisdom. The habits are applicable to having successful conflict conversations, both at home and at work. Here's how to use them next time you find yourself in a tense situation or conflict.
8 Top Places for Project Managers to Network
All professionals know it is important to network. It helps to keep up with the profession, to be aware of developments and new opportunities, and chances for career growth. It can also be very helpful to solve problems that other colleagues have already encountered. So in this era of social networking, where can the best project management networks be found?
Six Time Management Tips for Project Managers
To be a successful project manager you must be able to manage your time well. The best project managers ensure they are productive for most of their time and avoid time-wasters at all costs. Here are some tips that can help you manage your time more effectively.
Successful Innovation: How to Manage Product Misses to Maximise Hits
Most companies in the innovation game can proudly point to their winners, those new products/services that launched successfully and exceeded expectations for revenue/profit/market share. However, those same companies often express frustration or dissatisfaction with their overall return on innovation investment.
Collective Intelligence Builds New Approach to Project Management
As we all know, the project manager in organisations traditionally has the burden of compiling plans and information for the team's work. The information is then kept in disconnected files, no matter if it is a Microsoft Word file or a Microsoft Project file. The manager is struggling to bring the project plan to life as all the information on the project is concentrated only around a single person - himself.
The Project Management Problem
A vast majority of professionals think they have a problem these days, project management. Problem is, that's not the problem. Well, it is, but not the way they usually think it is. Let me be a little more vague. I am often asked by line managers and training people if I have a good project management seminar for their people. My first response is, "What exactly do you mean by project management?"
Are Project Management Practices Generic?
Formalised project management frameworks such as those codified in PMBOK provide practitioners with a range of tools and techniques that can be applied in a variety of projects. However, such frameworks and methodologies typically do not offer advice on which tools and techniques are appropriate for particular situations or contexts. This begs the question: are project management practices generic?
Ten Sure Fire Ways to Fail as a Manager
In an effort to be less than constructive as a manager, here are ten sure fire ways to alienate and demotivate your team on your change journey. Hit-or-miss approaches don't go far enough; this is your chance to use the best methods of corporate torture and humiliation developed by dictators, steamrollers and other "tough guy" bosses.
Project Management: Why Projects Fail
As soloists, our work is often project-based. Have you ever wondered why some projects go smoothly and others seem plagued with problems? Here are five reasons why projects can fail and how with good project management these problems can be avoided.
3 Decision-Making Techniques to Suit Any Purpose, Project, or Need
Remember the old saying: "If you fail to plan, you plan to fail?" The quality of the decisions people make in group settings determines the long-term benefits of those decisions. Unfortunately, potent tools and techniques for making complex decisions and solving tricky problems don't seem to be widely understood.
The Einstein Factor in Leading Science Based Projects
When asked if the people, practices and techniques required to lead science research projects are different from those in the general population, the answer is not just YES, but a resounding DUH! The differences are vast, in part because we believe there's an Einstein Factor at work. In other words, in science organisations, academic brilliance is astounding.
Managing Project Management
Oooh - project management. Everyone talks about project management but what is it? Isn't project management just organising your little work to get the big work done? Isn't project management really just a series of events to create some thing, by some point, way off in some hazy future? Not really.
Three Big Benefits Of Construction Project Management Software
Although many construction companies are still using spreadsheets and shoeboxes to manage their projects and track the volumes of details that go into a single job, the use of industry-specific project management software is becoming more prevalent. One reason for this is that more construction software providers are developing integrated project management modules to compete with the leading stand-alone project management systems.
Cause and Effect Diagrams
It is difficult if not impossible to solve complicated problems without considering many factors and the cause-and-effect relationships between those factors. Defining and displaying those relationships helps. The first such cause-and-effect diagram was used by Kaoru Ishikawa in 1943 to explain to a group of engineers at the Kawasaki Steel Works how various work factors could be sorted and related. In recognition of this, these diagrams sometimes are called Ishikawa diagrams. They are also called fishbone diagrams, because they look something like fish skeletons.
Project Management: The 3 Major Project Types
Projects fall into one of three main types - industrial, manufacturing and management. This article discusses each type of project, their inherent difficulties and the best approach for tackling them.
Just for a Laugh: The Lighter Side of Project Management
On the lighter side, the top 10 signs you are a project manager; top 10 things a project manager should never say to a customer and top 10 things you'll never hear from a project manager.
Project Overspend? Don't Worry About It
Any project manager will tell you that the triple constraint is the most important part of managing any kind of project. Namely: scope, time and budget. This week, I have been mulling over the third constraint, budget. Why is it that so many large corporations, take their eye off the budget? For many large companies, over spending is not welcome but it is not a serious misdemeanour either, especially if the over-spend has occurred in-house.
Mind, Meditation and the Project Manager
Project manager and meditation seem to be two opposite sides of the world. The link between these two becomes quite noticeable when work stress breaks something; either a manager a project or sometimes both. This article first discusses areas of work stress, its affect, and finally, steps to prevent it. Though in the article a project manager is used as an example, work stress can affect any living individual because every person is prone to it without exception.
The Project Manager's New Year Wish List
With the New Year barely three weeks old, I thought it would be a good time to look at the top 5 items project managers should have on their wish list for 2008.
Managing Multiple Projects: Avoiding Project Overload
What is the maximum number of projects a project manager should run concurrently before he/she is overloaded? In a recent edition of PM Network magazine, project managers are bemoaning the number of projects they're being asked to manage, with the average number of concurrent projects at eight. This seems high by anybody's standards, especially as many are large and high profile initiatives.
Successful Innovation Means Managing the Losers
Most companies in the innovation game can proudly point to their winners, those new products/services that launched successfully and exceeded expectations for revenue/profit/market share. However, those same companies often express frustration/dissatisfaction with their overall return on innovation investment. Frank Lynn & Associates has worked with many companies that are considered innovators in their industries. This article shares some lessons learned from the firm's experience with those leaders.
Where is Project Management Going?
To find the answer, we also need to ask a different question, "Where is business going?" The environment in which businesses operate dictates the way in which projects are executed. As project managers, we need to focus on developing business practices that make a real and lasting difference in company performance. Understanding the issues that make up the social, cultural, and informational environment in which the company operates is essential to advancing project management practice.
A Million Wrong Answers
In project management, we strive to find the best approach, the right plan and the right budget. But we are not in a position to make a choice between the "right" way and the "wrong" way. There is an optimal approach, and a million alternatives that are less optimal. Being pessimistic, for each right answer there are a million wrong answers.
Growing your Small Business with Project Management
If you think project management is only for the big guys, think again. Project management is a powerful business tool for businesses of any size. And as any small business person will tell you, effectiveness and efficiency is never about size. It's about working smart.
Right-Brain Project Management
Many people are frustrated by the mismatch between project management theory and its application on real-life projects. This is due largely to trying to employ approaches designed for predictable projects on today's stretch projects and seeing them come up short.
A Word (Or Two) On Quality
In the world of interactive project management the promise of quality has become cliché. Quality is sometimes seen as an incidental to each client delivery, as opposed to an independent, critical phase of the delivery. Because quality control is commonly compressed at the tail end of a project, the overall commitment to the calibre of work produced is inherently compromised. There is, however, one person that can change this negative trend - the project manager.
Project Management System Evaluation Checklist
Commercial project management (PM) systems have been available since the early 1970's. A multitude of PM products are now available on the market, some expensive and some very reasonably priced. However, to say all PM packages were created equally would be a gross exaggeration.
What is Benefits Realisation?
You've delivered the project on time, within budget, the customer has signed it off and you've completed your end project report. The end! The project is completed, time to move on, right? Wrong. You can't just expect the benefits to automatically drop out of your project with no effort.
Deck the Halls without Climbing the Walls
If you're like many people, the holidays tend to bring much more than "Fa la la la la." There's more to do in a short period of time - both at work and at home, and as your to-do list grows, so does your stress level. There's good news! If you think about your skills as a project manager, you actually have a secret stress weapon in your own personal productivity holster. Project management has the power to transform chaos into calm. Here are 10 ways to make the holiday season more joyful and less stressful.
Reasons Why Projects Fail
In a perfect world every project would be "on time and within budget." But reality (especially the proven statistics) tells a very different story. It's not uncommon for projects to fail. Even if the budget and schedule are met, one must ask "did the project deliver the results and quality we expected?" True project success must be evaluated on all three components. Otherwise, a project could be considered a "failure."
How to Succeed When Projects are Failing
The fear of failure ranks with public speaking as one of our biggest fears. The causes of failure are widespread and usually specific to the project at hand, but there are some common threads that run through failing projects.
Why Does Project Management Fail?
It must be remembered that project management is first and foremost a philosophy of management, not an elaborate set of tools and techniques, nor is it an administrative function. Rather, it is concerned with managing human beings towards the accomplishment of work, it is a "people management" function.
The Importance of Project Management
Project management as a management discipline underpins much economic activity. In industries as diverse as pharmaceuticals, software and aerospace, projects drive business. So what exactly is the contribution of project management to a modern developed economy, like the UK's?
Avoid Failed Projects
As the saying goes prevention is better than cure, so avoiding some of the biggest problems that projects encounter is a must for all managers. This article considers solutions for two of the main reasons projects fail; inadequate definition and poor planning.
Don't Try This at Home: Seven Rules to Guarantee Project Failure
Looking for a new way to get really famous, or infamous, at the office? Try these seven money-back guaranteed ways to really mess up your next project. We're all pretty well acquainted with how we should justify, plan, activate and control projects. Well, let's imagine that we were given permission to screw things up for a change. How would you go about it? I offer you seven guaranteed rules for ensuring the utter and complete failure of your next project. Try these techniques at your own risk.
Popular Articles
Project Planning A Step by Step Guide
The key to a successful project is in the planning. Creating a project plan is the first thing you should do when undertaking any kind of project. Often project planning is ignored in favour of getting on with the work. However, many people fail to realise the value of a project plan in saving time, money and many problems.
Top 10 Qualities of a Project Manager
What qualities are most important for a project leader to be effective? Over the past few years, the people at ESI International, world leaders in Project Management Training, have looked in to what makes an effective project leader. With the unique opportunity to ask some of the most talented project leaders in the world on their Project Leadership courses ESI have managed to collect a running tally on their responses.
BOSCARD (Terms of Reference)
When looking to gain support and approval for your next project, it might be worth thinking BOSCARD. The acronym stands for background, objectives, scope, constraints, assumptions, risks and deliverables. These headings are commonly found in terms-of-reference and project initiation documents.
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