Early in the initiation or planning phases of a project, the project manager should document all project assumptions. Frequently, the project assumptions are documented in…
Posts published in “Posts”
Risk management is an important project management function. While we have tools to identify, assess, and manage risks, it’s sometimes difficult to understand and distinguish…
By definition, your role as project manager ends when the project is complete. Projects are temporary work efforts with a defined beginning and ending. The…
Estimates are just that, an estimate of future costs. The accuracy of estimates can vary greatly and generally range between -50% to +50% of the…
If you fail to plan, you are planning to fail. –Attributed to Benjamin Franklin. Project failure usually results from lack of planning. Stated in another…
Risk events can have both negative and positive impacts on a project. Most people think of risk in negative terms; however, some events could have…
Here are three techniques for estimating project costs. Top Down Bottom Up Parametric
Problem solving is the process of identifying a problem, developing possible solutions, and taking the appropriate course of action to resolve the issue. Project problems…
An Indian walks into a cafe with a shotgun in one hand and a bucket of buffalo manure in the other. He says to the…
If you are studying for the PMP examination, you may find the following information useful. Here are 3 basic rules to interpret the results of…
Have you ever sat in a conference room with a dozen or more people around the table and wondered why are we here? I have,…
Here are 10 important questions every risk management team should answer for each risk in the risk register:
Firmly establishing project scope will save many headaches as you near the end of your project. The project sponsor, for example, may believe this or…
New project managers frequently ask what is, Monitor and Control, and how do you do it. Here are the 6 basic components of Monitor and…
The purpose of the staffing plan is to make sure the project has sufficient resources with the right skills to ensure a successful project completion. …