Delays and unforeseen changes in project scope can result in poor deadline adherence or failure of your project. While you can avoid many of these problems through diligent scheduling and monitoring of activities, you will encounter times when you need to speed up the delivery of your project. Rather than cutting corners and reducing the…
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A project’s success is directly influenced by how well its scope, time, and cost are managed. However, learning how to manage and reduce project costs can be the toughest of the three areas to master. Project cost can be difficult to manage because of the number of variables that cause it to fluctuate. A single missed…
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The collaborative nature of any project requires that all information pertaining to that project needs to be integrated and visible to all project stakeholders. These include company executives, senior management, the project team, and all external stakeholders. Project visibility requires that clear definitions of the scope of project deliverables, project risk, budgeted, actual, and forecast…
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Many organizations have a difficult time with project performance management, especially when it comes to managing poor project performers. This could be for a variety of reasons. The management staff may not like the conflict. The poor performers might also be well liked by the staff. In many cases the managers might prefer to try…
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Oil and gas industry projects are multi-faceted and always changing, so managers no longer use white boards and sticky notes to track progress. For assurance of project delivery success, a system is required that will provide you with visibility and control of your work. Whatever the size of your oil and gas company, project management software…
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Growing your career as a project manager requires you to constantly expand your knowledge. While thousands of books and courses have been created to improve your professional development, understanding what options exist is still complicated.You need to know which professional development options and courses will be the most beneficial for your career. 1. Local Certifications…
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If you want to put together a successful project delivery team, you’ll definitely need to keep a few key things in mind. Many people assume that a project delivery team is only as good as the person who is leading it. While the project manager is certainly an important element, he or she is really…
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Most think of a project management office (PMO) as an easy-to-organize group of leaders within a project. In some cases, this may be true. However, building a PMO from scratch requires careful attention to detail and standard processes. Fortunately, you can simplify the process by following these steps. Step 1: Define What Type of Project…
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For business to understand how to improve processes to better impact business outcomes, they must measure their project management maturity. The connection between process maturity and the value a project delivers is something that must be given attention. Project management maturity looks at a combination of people, processes and tools to create a model that…
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At the onset of your project, you will need to define all of project’s goals and plans. Although this may seem like a simple planning phase, it represents the initial creation of the project scope. Essentially, the project scope defines what the project hopes to accomplish, how it will be accomplished, what may go wrong,…
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At the onset of your project, you will need to define all of project’s goals and plans. Although this may seem like a simple planning phase, it represents the initial creation of the project scope. Essentially, the project scope defines what the project hopes to accomplish, how it will be accomplished, what may go wrong,…
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Enterprise Project Management is how corporations simplify the complexity of their projects. Why is this important? A 2013 study completed by Bain & Company found that 63% of executives were extremely concerned about increasing complexity, citing that it was increasing their costs and stunting potential growth. Further proof that projects are quickly becoming a major problem for…
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