Traditionally, the Project Portfolio Management sector has attempted to take organizational strategy and translate it into reality. Unfortunately, the success rates of these traditional PPM projects have left organizations searching for a better method or process. In order to understand why success rates of projects have been so dismal, we must remember why we execute projects, which is…
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When creating a project schedule for the first time or revisiting a schedule for updates, project managers should fall back several best practices. However, understanding the best practices for project management can be trivial at best. Fortunately, the majority of best practices focus on identifying certain relationships in the project schedule, assigning reasonable values, and…
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Even if you approach the situation as prepared as possible and with the best of intentions, missed project deadlines may still occur for a wide variety of different reasons. When they do occur, however, it is important to treat them as a temporary stumbling block and not a major disaster that stands to derail the…
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A typical project management interview could easily include dozens of questions about your background, experience in project management, and skills. However, many project managers often forget the importance of asking questions about the project. Before going to your next project management interview, take a look at the seven most important questions you need to ask….
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At project inception, you will need to determine the likelihood of success of your various activities and tasks. As part of conducting a comprehensive risk analysis and schedule risk analysis, you must identify the various factors that will propel, or hinder, your project towards success. From the primary risk analyses, you will create three distinct…
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Managing your portfolio of projects in these challenging times isn’t easy. Turbulent economic factors, increased competition and limited resources have stressed the importance of effective, efficient project management. What does that mean exactly? It means that how you judge the effectiveness of your projects needs to shift. It also means that completing a project within its scope…
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Many people think “managing communication” is the most important of the project management processes. If you think about it, over half of the time you spend managing projects involves some element of communication. Here are five communication techniques to help you be more effective. Five Communication Techniques for Project Managers 1. Use appendices for status report…
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Agile project management teams are becoming gold mines of productivity and better project outcomes. However, many project managers may not understand how to incorporate or apply agile project management processes. Fortunately, the process can be broken down into five key steps. 1. Get Rid of Rigid Processes to Incorporate Agile Project Management Rigid processes, such…
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The best-laid projects are susceptible to issues and problems. Unfortunately, not knowing how to manage a project management crisis will lead to public distrust, losses for a company, or even further problems in future projects. Follow these steps to effectively manage a potential project management crisis. 1. Respond Immediately to a Project Management Crisis The age…
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Projects are stressful, but project stress can leave your team feeling exhausted and incapable of completing a project on time. Rather than reacting to problems, which builds more project stress, use these seven techniques to reduce project stress proactively. 1. Reduce Project Stress by Keeping Planning as Simple as Possible Having a detailed schedule and…
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IMS provided professional project management services for Toyota’s mission critical Claims Processing System development project. The total time frame for this project was 5 years. The objective was to develop a flexible, state of the art, web-based Claims Processing System that efficiently processes vehicle warranty and other types of claims in the complex and rapidly changing Toyota business…
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Whether you are working on a small project or a large trillion dollar project, Oracle Primavera Project Management can help your company successfully complete the project on time and within budget. These best-in-class solutions are raved about by managers and executives alike in a wide variety of industries because of their ability to help project-intensive businesses…
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