Number of View: 342
The PMBOK Guide outlines Knowledge Areas, and you don’t need to look far to find reference to project financial management sprinked throoughout these Knowledge Areas. Financial management is at the core of justifying project and controlling project performance. Project financial considerations come into play as soon as a project is identified and [...]
Number of View: 796
The home-owner said, “I love my porch…but I wish the ceiling could be just an inch higher. Then it would be perfect.” The problem is that here are the options for giving this ‘reasonable’ home-owner, who is only asking for an inch, what they want:
Remove the entire roof and underlying roof [...]
PMI is scheduled to publish the 5th Edition of the PMBOK® Guide on Jan 1, 2013 and we can expect the PMP and CAPM exams to change on the third quarter of 2013. So practically we have about 6 months to deal with PMP/CAPM Exam based on PMBOK 4 [...]
Number of View: 1257
There is a great discussion on this, and many think about it. Maybe you are. But really, there are numerous difference between earning a PMP or MBA. The discussion tends to focus on which is the better investment.
The consensus seems to be that the MBA is a good long term investment, [...]
Number of View: 1639
The fifth edition of A Guide to the Project Management Body of Knowledge: (PMBOK® Guide) was published in December of 2012. It is the latest edition of this global project management standard published by the Project Management Institute (PMI)®. The release of this new edition has consequences for anyone who is preparing [...]
Number of View: 969
Do you have an old project – business or personal – that has been on the back burner, suffered from neglect, and now truly “lacks luster”? Maybe it’s time to dust it off…
Things change. Here are some reasons why project justification may not have been there. A project might have been [...]
Number of View: 1786
Have you ever encountered an Honor Code, as exist at many colleges? Honor Codes codify and enforce certain behavior and can have a great application on project teams.
Here are five imperatives for how you, as a Project Manager, can leverage the concept to control project team dynamics:
Explicitly state in writing [...]
Number of View: 2224
We Project Managers tend to be very practical people. Otherwise, we probably could never have become Project Managers!
Keep it up…but take note of this quote from the legendary motivational author and speaker Earl Nightingale:
“Don’t let the fear of the time it will take to accomplish something stand in the way [...]
Number of View: 3480
It’s where the “rubber meets the road.” It’s what can make you indisputably an “elite project manager,” rising high above the pack. It’s the one critical ingredient you need – and lots of it! – if you are to succeed as [...]