6 Principles of Strategic Enterprise Project Portfolio Management
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by Innovative Management Solutions
The world’s top oil and gas companies understand that strategic portfolio management is the next step in the maturity of enterprise project portfolio management. There is a substantive difference between strategic enterprise project portfolio management and conventional enterprise project portfolio management. Let’s take a closer look at the distinguishing factors. Principles of Strategic Enterprise Project…
Read more7 Steps to Help You Calculate Your Estimated Project Duration
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by Jeff Collins
When you build a schedule you need to understand how to estimate duration. If everyone worked eight hours per day, and was 100% productive for all eight hours, you could easily calculate your estimated project duration by taking the number of effort hours, divided by the number of resources. For instance, if an activity was estimated at 80…
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7 Ways to Accelerate Your Project Planning
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by Jeff Collins
The project planning phase represents one of the most critical times in project management. Additionally, the project planning phase can easily last longer than the actual work on the project. However, you can accelerate your project planning by following these seven steps. 1. Be a Diplomat Regardless of expectations, you cannot hope to please all parties’…
Read more9 Tips to Running A Productive Project Management Meeting
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by Jeff Collins
Project management meetings can be boring, and you’ve probably seen one or two of your participants start to doze off. As the project manager, you understand how planning leads to action, and you can plan to use nine tips to run a productive project management meeting. 1. Don’t Wing It! Project managers who attempt to…
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Leveraging the Power of Visibility in Project Management
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by Innovative Management Solutions
What is Project Management Visibility? A shared misconception of project visibility centers on a fear that sharing information across an organization will increase the potential for information overload. Additionally, it is a collective belief that these streams of consistent communication can create more work and confusion and less productivity. Although misguided, these fears run rampant through the…
Read moreHow To Track Project Performance The Right Way
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by Jeff Collins
Most managers try to keep tabs on their team’s progress throughout the duration of projects. Since it is not always possible to pinpoint exactly how an initiative is developing, project managers often resort to relying on their gut feelings. Experienced managers find that this often turns out to be an accurate assessment of the project’s…
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How To Prioritize Your Multiple Projects
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by Jeff Collins
Sometimes, there just doesn’t seem to be enough time in the day to finish all of your tasks. As a project manager, everything is vitally important, and you have to determine how to prioritize your projects to be of the most benefit. Depending on the size of your projects, your tasks and projects may span…
Read moreHow to Advance Your Career In Project Management
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by Jeff Collins
How many projects have you been a part of? If your existing project management experience is lacking, you may have difficulty advancing your career. When searching for a new project, you may find many employers are looking for experience and dedication to project management. However, it can feel difficult, at best, to advance your project…
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How S-Curves Can Help Track Project Performance
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by Joe Somerville
Completing a project successfully for any type of organization has always hinged on the ability to track project performance along various milestones. Putting goals in place at the beginning of a project is one thing — without the proper amount of oversight and performance tracking along the way, certain small issues can quickly turn into big delays…
Read moreHow Project Management Has Changed in the Past 10 Years
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by Joe Somerville
Project management has advanced light-years beyond what experts could have possibly predicted at the close of the 20th century. Desktop computers are virtually non-existent, and the speed of today’s simplest smartphones rivals the major processors of 1999. Meanwhile, project management has also made tremendous strides over the last 10 years, and you might be surprised at…
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How Project Budgeting and Forecasting Helps Deliver Expected Results
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by Joe Somerville
One of the most difficult jobs that project managers have on a daily basis involves expecting the unexpected. No matter how hard you plan or how thorough the development stage of your project was, there will still be certain elements that won’t work out quite the way you thought they would. One of the keys…
Read moreFour Techniques to Manage Your Project Management Schedules
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by Joe Somerville
You will never be a successful project manager if you do not know how to build and manage a schedule. The schedule may be the most fundamental tool for managing projects. Here are four techniques to help you take full advantage of the project schedule. 4 Techniques for a Successful Project Management Schedules 1. The…
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