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For the term "Management".

Retention: Are You Reactive or Proactive?

It’s true most companies no longer have their feet to the fire in the recruiting department. Perhaps there have been some layoffs and your additions to headcount could very well be down for next year. Now, keeping that in mind, how much of your human resources person’s time is spent on creating a retention program for the cream of the crop you currently have on staff? The difference is like treading water and bearing down to take those extra breaststrokes to stay in the race. If you are slacking in the retention department, you and your team will feel the effects. Let’s switch gears and get out of the “crisis management” mode.

DONE DEAL

Recent alliances, acquisitions and implementations in the world of project and portfolio management.

DONE DEAL

Recent alliances, acquisitions and implementations in the world of project and portfolio management.

PMOs: Projects in Harmony

A special report from META Group.
With companies faced with increasingly complex initiatives involving multiple IT projects, IT executives are turning to project management offices (PMOs) to manage

multiple risks and target their vital resources. Patterns of evolution and maturity are emerging.

PMOs: Projects in Harmony

A special report from META Group.
With companies faced with increasingly complex initiatives involving multiple IT projects, IT executives are turning to project management offices (PMOs) to manage

multiple risks and target their vital resources. Patterns of evolution and maturity are emerging.

Adaptive Project Framework: A Common Sense Approach to Managing Complex Projects

This is the first in a seven-part series on the Adaptive Project Framework. APF is an approach to a class of projects for which neither the traditional nor the extreme methods are appropriate. APF is entirely compatible with the PMI PMBOK Standards. This series is derived from selected content from the 3rd edition of Effective Project Management: Traditional, Adaptive, Extreme.

Adaptive Project Framework: A Common Sense Approach to Managing Complex Projects

This is the first in a seven-part series on the Adaptive Project Framework. APF is an approach to a class of projects for which neither the traditional nor the extreme methods are appropriate. APF is entirely compatible with the PMI PMBOK Standards. This series is derived from selected content from the 3rd edition of Effective Project Management: Traditional, Adaptive, Extreme.

Hotel PM

A new book explores how project management can help the hospitality industry improve its processes, specifically in the area of hotel openings, which typically suffer delays.

Hotel PM

A new book explores how project management can help the hospitality industry improve its processes, specifically in the area of hotel openings, which typically suffer delays.

2014 Pulse of Profession

Project Management Institute’s annual global outlook finds that the high cost of low performance remains a threat to organizational strategic initiatives. The keys to success are: developing people through training; improving project, program and portfolio management capabilities; and establishing benchmarks and metrics for project outcomes.

2014 Pulse of Profession

Project Management Institute’s annual global outlook finds that the high cost of low performance remains a threat to organizational strategic initiatives. The keys to success are: developing people through training; improving project, program and portfolio management capabilities; and establishing benchmarks and metrics for project outcomes.

The Easy Track

When it comes to increasing efficiencies and lowering project costs on tax-funded and public-private initiatives, both sectors are finding common ground in customer-driven, flexible project management tools that meet the often divergent needs of their varied users.

The Easy Track

When it comes to increasing efficiencies and lowering project costs on tax-funded and public-private initiatives, both sectors are finding common ground in customer-driven, flexible project management tools that meet the often divergent needs of their varied users.

The Path to the PMP (Part 5)

A few articles ago you committed to getting in PMP shape. Every muscle from head (Integrating) to foot (Closing) has been used. It’s time now to start working very specific areas. Up first: Project Scope Management.

The Path to the PMP (Part 5)

A few articles ago you committed to getting in PMP shape. Every muscle from head (Integrating) to foot (Closing) has been used. It’s time now to start working very specific areas. Up first: Project Scope Management.

SCM: Simply a Critical Means to Success

If you’re serious about making your mark in the Internet Economy, you can’t afford to overlook the importance of Software Configuration Management. It’s about managing change, managing content and setting your organization up for success.

SCM: Simply a Critical Means to Success

If you’re serious about making your mark in the Internet Economy, you can’t afford to overlook the importance of Software Configuration Management. It’s about managing change, managing content and setting your organization up for success.

An Introduction to Servant Leadership

The purpose of this article is to bring forward one of the very well-known leadership practices called Servant Leadership. We’ll explore its prominence in today’s project management world and how it can benefit emerging project leaders in managing teams, projects and organizations.

An Introduction to Servant Leadership

The purpose of this article is to bring forward one of the very well-known leadership practices called Servant Leadership. We’ll explore its prominence in today’s project management world and how it can benefit emerging project leaders in managing teams, projects and organizations.

PMO 101: The Rollout

For organizations tracking and managing dozens, even hundreds of projects, a responsive, accountable project management office is crucial to success. After determining needs and level of maturity, a rollout plan must be developed. While there is no preset order for executing against this plan, here, in part two of our series, are suggestions.

The Importance of Cultural Change

New technologies are being introduced every day without being accompanied by proper change, resulting in poor adoption or suboptimal value creation. Here are five change management strategies that will greatly enhance introduction of new technologies into the enterprise.

The Importance of Cultural Change

New technologies are being introduced every day without being accompanied by proper change, resulting in poor adoption or suboptimal value creation. Here are five change management strategies that will greatly enhance introduction of new technologies into the enterprise.

Bad Requirements, Bad Results

Poor requirements management is costing organizations $51 million for every $1 billion spent on their strategic initiatives, according to new research by Project Management Institute. But focusing on people, processes and culture can raise requirements management maturity and greatly improve outcomes.

Bad Requirements, Bad Results

Poor requirements management is costing organizations $51 million for every $1 billion spent on their strategic initiatives, according to new research by Project Management Institute. But focusing on people, processes and culture can raise requirements management maturity and greatly improve outcomes.

Taking On Project Demons

In navigating your way through a haunted house of overzealous stakeholders, zombie spreadsheets, Frankenstein systems and other project management nightmares, you might take some inspiration from popular demon hunters.

Taking On Project Demons

In navigating your way through a haunted house of overzealous stakeholders, zombie spreadsheets, Frankenstein systems and other project management nightmares, you might take some inspiration from popular demon hunters.

The Importance of PM Education in the Medical Curriculum

In recent years, the usefulness of medical education in India has been questioned. Enter the project management methodology, which offers a systematic process that can help students think through patient care needs in a comprehensive way.

The Importance of PM Education in the Medical Curriculum

In recent years, the usefulness of medical education in India has been questioned. Enter the project management methodology, which offers a systematic process that can help students think through patient care needs in a comprehensive way.

Tell Me a Story

Everyone loves a good (extreme) story! Story cards are an excellent alternative to the voluminous requirements documents advocated by other processes. This efficient and practical approach aligns with the realities of project management.

Deming, the PM (Pt. 2)

In applying Deming’s management philosophy to project management, leaders and teams are encouraged to improve flawed processed rather than to manipulate or ignore them. Likewise, projects aren’t run in silos or monitored exclusively through the lens of short-term thinking, but instead speak to the future of the entire organization.

PPM Software Evaluation Criteria

The following section provides additional questions and considerations for Resource Management. While refining these selection criteria for your specific needs, consider what your organization requires when dealing with resource management.

The Transferable PM

Employers often look only at their own industry when hiring, because not every PM can make the jump–and if they can’t, things can get very bad very quickly. So what should employers look for–and by extension, what should PMs demonstrate that they are capable of doing? Does industry matter in your career? How transferable is the project management skill set?

No Manifesto

The agile movement has a manifesto. Does project management need one? The answer lies in what value it would offer, and whether or not agile, extreme and other approaches are actually all that different from project management as it is practiced today, and in the context of getting things done.

PPM Tool Selection and Implementation Considerations

Many organizations engaging in project and portfolio management automation focus too much attention on the tool itself and do not spend enough time planning the organizational and process transformation activities to drive real operational improvement, based on process best practices.

The Speed Racer and 9 Other PPM Pitfalls

From ambiguous reporting to overambitious estimating, here are 10 all-too-common missteps to avoid in the quest for a successful strategic project portfolio management process.

Risk Finale

Our 12-part series on organizational risk management concludes with a call to action — it starts with assessment and identification … leads to investment, buy-in and ownership … and makes use of tools and concepts like the risk profile, capacity and constraints hierarchy.

A Bigger Boat or Smaller Shark

In the face of limited resources, executives and project leaders simply can’t keep up with the shifting priorities, emergent activities and sheer complexity of managing demand across an entire organization. This is the fundamental issue that inspired a new handbook on resource management and capacity planning.

Brave New World (Part 2)

What if we really were a profession? What would be the implications for project managers, the companies that employ them or for the associations that promote and support project management as a discipline? What follows over the next few columns is a portrait of what this brave new world would look like and some of the challenges that each of these groups would face as a result. In Part 2, we look at what it would mean for the profession.

Trial by Fire: Communicating in a Crisis

Think you’ve had it rough? The following story is a true account of Andrew Boyarsky’s first crisis assignment as a PM. Boyarsky–a practice consultant for project management and IT at the American Management Association in New York City and a teacher of PM at New York’s Baruch School–and his experiences gave new meaning to the term “communication crisis.”

Do You See What I See?

What we perceive as reality is as much about what’s inside our heads as it is about what’s out there…which may be one reason why scope management can sometimes be a vexing experience for project managers.

Eyes on the Big Picture

Project management leaders must see the links and barriers between strategy and execution, bring context to data, and communicate up, down and across their organizations, says Tim Wasserman, director of the Stanford Advanced PM program. Here he discusses the program’s Strategic Execution Framework.

Higher Learning

For project professionals seeking to build their skill sets and expand their career opportunities, there is an array of project management degrees and certifications, featuring flexible scheduling and experienced faculty. Here is an updated selection.

Hitting the Box

Thousands of years ago, humans developed a sophisticated system of navigating at sea–a methodology that is nothing if not agile project management. Their skill and their wisdom, known as wayfinding, have much to teach us as we navigate the challenging waters of the agile project.

Pocket PM

There is a growing roster of iPhone project management apps that could help you take your project mobile. That’s the focus of our latest Cool Tools roundup.

Enterprise IT Integration Framework for Integrating Positive Risks into Project SDLC Processes

Positive risks always exist, whether or not they are detected or recognized by the project management team. In the context of IT project/program risk management practices, project team(s) are predominantly focused on negative risk identification, related priorities, the probability of occurrence, and associated impact on the project goals/objectives and risk response–planning strategies such as avoid, mitigate, transfer, and accept to address the negative risks. It is important that the project management team is cognizant of the risk/reward duality and that they implement the positive risk/opportunity management integration rigor into project systems development life cycle (SDLC) processes.

Topic Teasers Vol. 86: The Failure Repository

Question: I’m not in IT, but I’m heading a project to implement one of those big name software packages that is supposed to place all the corporate information in one application. We’ve rolled it out, but as a 24-hour organization it seems that we have departments unable to access their information at all hours of the day and night. Our vendor is on call for the fixes, but the outages interrupt our business. I’m discouraged, angry and exhausted. How do I manage these issues?

A. With a big name supplier, the responsibility to keep things up and going is on their shoulders, not yours. Contact upper management and ask to have any payments to them stopped until all areas of your organization are up and running with no down time for at least six weeks.

B. Each department was probably given a chance to express what connectivity they needed before the customization of this overriding package was finalized. Get the name of each person who was part of the planning team and subsequently had an outage in their area and report them to their own manager.

C. Ask your own IT team to get involved in solving these issues. Obviously, the vendor does not have competent people on its staff who can manage an install like yours. If your own internal staff takes over the responsibility, you will have better communication and a team that understands the high stakes when your systems go down.

D. The reality of any install that must switch over an entire organization at one time is that there are going to be hiccups. But as a non-IT expert, the most productive path for you is to create a way that the failures can be grouped and tracked so that past problems can be easily accessed to provide faster solutions to new outages or feature failures that occur.

Pick your answer then Test Your Knowledge!

Are You Monitoring Your Cash Flow?

Effectively managing and monitoring cash flow is one of the critical success factors of all business. And Cash Flow Management is basically a timing issue. Are you beating the buzzer? Read on for more.

Are You Monitoring Your Cash Flow?

Effectively managing and monitoring cash flow is one of the critical success factors of all business. And Cash Flow Management is basically a timing issue. Are you beating the buzzer? Read on for more.

Stakeholder Expectations

We’ve explored the identification and mapping of stakeholders, the first steps of the expectation management process. If expectations are not actively managed during the course of a project, then the risks for partial or total project failure increase. With that in mind, this article will continue to explore the theme and lay the groundwork for the active management of stakeholder expectations.

Stakeholder Expectations

We’ve explored the identification and mapping of stakeholders, the first steps of the expectation management process. If expectations are not actively managed during the course of a project, then the risks for partial or total project failure increase. With that in mind, this article will continue to explore the theme and lay the groundwork for the active management of stakeholder expectations.

The Next Level of Big Visible Charts

Information radiator is the generic term for any of a number of handwritten, drawn, printed or electronic displays that a team places in a highly visible location. It conveys the latest information at a glance. Learn how your team can foster collaboration through visible project management and implementing radiators.

The Next Level of Big Visible Charts

Information radiator is the generic term for any of a number of handwritten, drawn, printed or electronic displays that a team places in a highly visible location. It conveys the latest information at a glance. Learn how your team can foster collaboration through visible project management and implementing radiators.

The Path To PPM

The path to successful project portfolio management will eventually lead to choosing a PPM
tool. But you need to know where you’re going first.

The Path To PPM

The path to successful project portfolio management will eventually lead to choosing a PPM
tool. But you need to know where you’re going first.

BPMS: The New Rage

Do you even know what it stands for? You should…Business Process Management Systems represent the next wave of development.

BPMS: The New Rage

Do you even know what it stands for? You should…Business Process Management Systems represent the next wave of development.

The PMO Role in PPM

Integrated, top-down governance is fundamental to successful portfolio management, and a strong PMO can play an indispensable role in monitoring and facilitating investment selection and execution.

The PMO Role in PPM

Integrated, top-down governance is fundamental to successful portfolio management, and a strong PMO can play an indispensable role in monitoring and facilitating investment selection and execution.

Does Certification Limit Learning?

It seems ironic, but this practitioner wonders if the process of creating a curriculum and multiple choice-based testing procedure leads to an over-simplification of the subject matter and inhibits learning. Maybe it is the process of creating a credential or people’s inbuilt desire to simplify ideas, but we seem to have lost practical project management guidance on dealing with uncertainty.

Does Certification Limit Learning?

It seems ironic, but this practitioner wonders if the process of creating a curriculum and multiple choice-based testing procedure leads to an over-simplification of the subject matter and inhibits learning. Maybe it is the process of creating a credential or people’s inbuilt desire to simplify ideas, but we seem to have lost practical project management guidance on dealing with uncertainty.

Risk Rules

When it comes to risk management, hope is not a strategy … all single point estimates are wrong … and communication is everything. Understanding these principles and two others are the only way to turn risk management theory into meaningful practice.

Risk Rules

When it comes to risk management, hope is not a strategy … all single point estimates are wrong … and communication is everything. Understanding these principles and two others are the only way to turn risk management theory into meaningful practice.

PMO Maturity Matters

Implementing a PMO is not a panacea to an organization’s project woes. Instead, it is PMO maturity that makes the difference, according to a new study. As a PMO matures and assumes more responsibility in areas such as portfolio and people management, organizational success metrics improve, elevating the PMO’s value to the organization.

Show and Tell

Project management could go a long way toward being better understood—and better appreciated—if it just shared more information in a way people could interpret.

Staking Out the Stakeholders

Project management is all about meeting expectations. The right people must be involved for this to happen–and that means you must be sure to identify all of the stakeholders involved in a project. How? By formally tracking stakeholders and their relationships. If you do this, the ability to manage the project is greatly enhanced, and you can prevent problems of vampirish proportions from sucking the life out of your efforts.

Pseudo PMOs?

Most large organizations have established project, program or portfolio management offices, but there is a disconnect between many PMOs and the wider businesses they support, according to a group of senior executives and academics that studied the trend. They recommend that some organizations would be better served by a decentralized approach that creates “pseudo PMOs.”

The Power of Knowledge for Project Managers

Successful innovation that will yield real positive outcomes requires organizational capabilities for executing on strategy initiatives. It’s not just about having the right people, it’s about having the tools and corporate memory of knowing what works and what doesn’t to support the thought processes for planning and getting the work done. This is where the importance of knowledge management comes into play.

Planview, Hitachi Partner

Planview will provide executive, project and service portfolio management solutions, and Hitachi Consulting will offer expertise in project management guidance and implementation services to large enterprise organizations.

Executive Report January 2005

In this installment, we outline the three critical inputs necessary for meaningful portfolio management … suggest that innovation occurs at the balance-point between chaos and order … explain why you may already have the means to comply with Sarbanes-Oxley, but what to do if you don’t. Also … an approach to implementing portfolio management that reduces risk.

PMP: Pass vs. Learn

Do you want to pass your PMP, or do you want to learn about project management?

Lean Into Savings

Lean practices have been working miracles in manufacturing for decades, driving early adopters, most notably Toyota, to the top of their markets. Given that track record, lean processes are now cropping up in project management across industries. This article examines how using lean principles can drive waste and inefficiencies out of programs and save millions in the process.

PMI’s 2015 PMO-of-Year Finalists

Project management offices for a U.S. military financial institution, a Canadian payment processing service provider and a global ticketing company are the three finalists for Project Management Institute’s 2015 PMO of the Year Award.

Myths About PMs

There are many misunderstandings about project management as a profession, as well as about what project managers actually do. Let’s explore a few common misconceptions about the expectations of our role…

The Data Warehouse in a Box

What are the best solutions for a data warehousing platform? Read all about the growing market of the “out of the box” data warehouse, complete with database, storage, processors and systems management.

Project Failure as a Scapegoat for Organizational Failure (Part 1)

Organizations often talk of project management failure and put us in a vicious cycle of cause/effect analysis loops. The problem is that we look for the cause of project management failure where the light is–and not in the dark spot where the true issue is. This three-part series helps to uncover some key underlying and recurring sources of confusion within organizations.

NASA Selects EPM WorkEngine

NASA’s Jet Propulsion Laboratory will use the enterprise project and portfolio management solution to improve visibility and reduce costs.

Marketing the New PMO

New project management offices often face skepticism and outright resistance, especially in organizations lacking project management maturity. Here are five actions that emerging PMOs should take to communicate their purpose and functions, and a downloadable template to get started.

Run a PMO Reality Check

A PMO’s mandate is not set in stone. As the needs, objectives and expectations of an organization change, the PMO mandate must also shift to reflect these new realities. Here are three ways that program/portfolio management leaders can help make sure the PMO maintains its relevancy.

PMPs Earn PDUs for PM Articles

Project Management Professionals (PMPs) must earn 60 PDUs every three years to keep their certification. You can earn some of these PDUs by writing project management-related articles. Here’s the lowdown.

Topic Teasers Vol. 26: Agile Construction

Question: I work in the construction industry and am under some pressure from management to make my projects “more agile”. It makes no sense to me that IT processes would be of any use when building actual residences, industrial sites and office buildings. What am I missing?

A. You are correct is thinking that building a tangible construction is very different than creating a software application that is only electronic bits. The methodologies for each are at odds with each other.

B. If you change the wording, such as “customer demos” to “site inspections” and “constant quality testing” to “meeting technical requirements”, you will find that SCRUM, TDD and other IT methodologies can be used in construction and have extensive training available to you.

C. It is a mistake to believe that agile IT practices are the entirety of what the methodology has to offer. If you investigate the true methodology, you will find there is much to blend with your current processes to add to construction project success.

D. You can use part of the agile philosophy in your construction projects, but plan for extra time and cost to accommodate the changes the customer is now entitled to add as you go.

Pick your answer then Test Your Knowledge!

PMI Bundles PMBOK®, Agile Practice Guides

In releasing a new Agile Practice Guide and its latest edition of A Guide to the Project Management Body of Knowledge (PMBOK® Guide) as companion pieces, the Project Management Institute is encouraging organizations and practitioners to embrace the entire landscape of project management approaches.

Why Agile Works: A Success Story Ssing DSDM Atern & Scrum

A project in chaos! After much deliberation between client and the delivery team’s executive leadership, the team decided to modify the project approach to use a framework similar to the eight principles of DSDM Agile Project Framework–a defined project management approach that adds value to Scrum.

Office-Building

Although the benefits of a program management office — standardized practices and methods, increased productivity and efficiency, reduced costs — are clear, many organizations lack the means or experience to set one up successfully. Here are 10 indispensable steps for building a PMO that delivers value.

PPM Happens

You’ve already got project portfolio management — whether you know it or not. Too often, however, the prioritization of projects is based on turf wars and crises, real or imagined. Author and consultant Michael Greer discusses these potentially dangerous underground dynamics and how to build the case for a more structured approach, even in tough times.

The ALM Weak Spot

Numerous studies over the years have shown that achieving business/IT alignment can lead to a unifying direction for a company, better leveraging of IT, improved communications, more efficient allocation of resources and increased competitive advantage. Yet, other studies reveal that few companies actually achieve alignment between their business and their most strategic weapon, technology. What they need is an integrated product management process that provides both vertical and horizontal alignment for developing products, systems or services.

The Portfolio-Driven Hub: PMO 2.0?

As organizations evolve to a more portfolio-driven approach, the need for a “management hub” for that approach will grow. How can the PMO establish itself as the hub of that approach, acting as the central function driving all non-operational activity?

The New Role of the Project Manager

You’re not using the same technology you used 20 years ago, so why are you using the same management techniques? The technology of management needs to stay ahead of the game, and you, the project manager needs to be the star player.

Tackling Talent and Strategy at PMI’s 2014 PMO Symposium

Even the most brilliant strategy won’t mean much unless an organization has the right project and program practitioners to execute on it. And that’s precisely where project management offices can step in to help with the daunting task of finding the talent to fuel strategic initiatives–a big takeaway from PMI’s 2014 PMO Symposium.

Spring Training

All project professionals must study at the School of Hard Knocks. There’s just no simple substitute for experience. But project management training programs can help to smooth the often rocky road to knowledge and skills growth. And consulting services can do the same at the organizational level. Here’s our latest roundup of some leading training and consulting providers as well as other professional development resources.

Uncharted Waters

As organizations across industries and sectors confront historical economic pressures, what becomes of their ongoing and planned projects? Cost and risk containment are the top priorities, of course, but amid all the doom and gloom, could this be project portfolio management’s time to shine?

People Places

Recent appointments, promotions, openings and other moves in the world of project management.

Does PM Have a Future? And What is It?

Project management practices themselves haven’t evolved much since the 1950s. In attempting to divine the future of project management, then, it’s helpful to assess a few of the fundamental underlying trends that have been observed in project management, and what they mean for how it may evolve in the future.

Earned Value and the Drucker Challenge

In the near future, earned value management will help meet Drucker’s Challenge — that is, by measuring the true productivity of knowledge workers. This EVM renaissance will emphasize real-time and lead measures over current lagging measures, and EVM-based graphics will gradually displace Gantt charts and other common display methods.

The Project Mangler

It’s time for some tough love. Are you a project manager or a project mangler? There’s a lot more to project management than knowing statistics by heart, but failing to possess some helpful knowledge shows that you’re not totally aware of what goes on in your organization. Here’s some advice in how to gain more respect from your peers.

Topic Teasers Vol. 67: 10,000 Kid Hours

Question: I read in Outliers by Malcolm Gladwell that to be really successful at something, you probably have to have about 10,000 hours invested in it–and that most people start as kids. I’d like my kids to be in the project field, but I don’t really know how someone can get that many hours experience in project management or agile practices.

A. Start with your kids at a very early age and blend the logic and selection process of project management into their day-to-day life. If you are creative, it shouldn’t take much time but rather just an awareness of what you are doing.

B. Ask your local Boy Scout and Girl Scout chapters if they can offer a series of 10 project management badges. If each one takes about two weeks’ worth of work, that’s 100 hours right there.

C. Plan to send your child to summer camp for project management when other kids go off for outdoor living, theater experiences or coding instruction. Children should have made a career decision by 7 or 8 so that they can get the most background possible.

D. Children have so little time to just be kids. Don’t make any attempt to teach them anything at home; they get plenty of education and homework at school. Once they arrive home, just let them relax.

Pick your answer then Test Your Knowledge!