Getting pressured by management to deliver a project early is common, so you should be ready for it. It’s important to note that pushing an early delivery doesn’t mean you’re in crisis mode. It’s a risk vs business value balancing act. Here are tips to balance risk and bring in the project delivery date. Cut […]
Guest post by Daniel Stanton, Mr. Supply Chain Main point up front: Project management and supply chain management are both relatively new professions, and they are highly complementary. Supply chain managers have always spent a lot of their time working on projects to reduce costs and increase efficiency. These days, many project managers are learning […]
A slipping schedule, lack of engagement, and cost overruns are common and easy to spot indicators of project trouble. Here are five other early indicators of trouble that aren’t often recognized. Team member hours are less than planned. Hours dedicated to project tasks can fall short due to differing business priorities or lack of confidence […]
Management might put a project on hold because other priorities take precedence or it needs recovery. When it’s time to relaunch, you don’t pick up where you left off. Here’s the sequence of steps to take to relaunch a project: Document what changed. Team members must understand that things will be different. Otherwise, they might […]
Project change requests are a common occurrence. Occasionally, a change request can be extensive, requiring additional analysis. Here are questions to ask to provide the change review board with the information it needs to approve a major change request. Will the change increase project complexity? Organizations often have a standard set of parameters for assessing […]
Project ideas pop up all the time, but that doesn’t mean they are all worth pursuing. Companies want to reap enough benefits from the time and money they spend on projects. To make sure a candidate project is worthwhile, someone needs to complete some prerequisites before the project is launched. Who gets these prerequisites in […]
The dynamics in business could lead to a project budget cut. While it’s disruptive and triggers emotion, the situation isn’t impossible to manage. Here are tips on dealing with a budget cut. Keep calm. You might interpret a budget cut as failure. A budget cut is a business decision, which requires a well-thought out response. […]
A project review is typically run from within an organization, while an external compliance-monitoring organization, such as a consulting firm or government agency, often conducts a project audit. Without the proper perspective, a project review or audit can be like a trip to the dentist. Here are different management approaches you should take with project […]
Thinking of making the jump from project to program management? A program manager’s job is more than being a very competent project manager. Let’s examine a few of the critical skills you need to fulfill a program manager’s responsibilities. Refined business sense. Program managers require significant business acumen. Just to initiate the program, you need […]
The Project Management Body of Knowledge (PMBoK7) emphasizes how managing risk with appropriate responses helps optimize project outcomes. Here are the five characteristics of optimal risk responses outlined by the Project Management Institute. Appropriate for the risk’s significance. The risk responses you choose should align with the impact the risk has on your project. For […]
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