The PM Consultant

16/11/2018

How to Engage and Inspire your team

As project managers, we have a role to play in inspiring the project team to contribute. We may not be able to solve the disengagement problem alone, but we can make a difference. Use the following strategies to inspire your project team to greater heights of engagement and success.

06/11/2018

Types of organizations

Every organization has a structure which depends on the task they are dealing with. If they are dealing with temporary types of work, they will have a structure which will support recruiting and laying off employees as needed. However, if the organization is involved with a production operation whic...

04/11/2018

Contingency vs. Management reserve

Without contingency and management reserves, you cannot estimate your project cost and budget. These reserves are an inseparable part of your budget and help you manage risks. Since both reserves serve the same purpose, managing risks, many professionals assume that they are the same.

30/10/2018

What is Salience Model?

Stakeholder salience means the “degree to which the managers give priority to competing stakeholders claims in their decision making process”. Here you give three attributes to your project stakeholders: power, legitimacy, and urgency.

29/10/2018

What is Critical Chain?

Home » Dynamic Scheduling » Risk Analysis » Buffer management Critical Chain/Buffer Management: Adding buffers to a project schedule Submitted by Mario Vanhoucke on Tue, 01/17/2012 - 13:43 buffer management critical chain feeding buffer project buffer resource buffer The Critical Chain/Buffer Man...

26/10/2018

What is the Difference Between a Product and a Project?



https://harbott.com/whats-the-difference-between-a-product-and-a-project-aaacfc983340

Project and product sound similar and the two concepts are often confused with each other. However in practice they are very different and…

24/10/2018

Agile Versus Waterfall

Traditional waterfall project methodologies have been used for years to implement complex and large-scale enterprise resource planning (ERP) projects. Often, ERP projects are over budget and late in schedule. Stakeholders are often disappointed in the delayed realization of benefits and the quality....

22/10/2018

9 ESSENTIAL PROJECT DOCUMENTS

1. The Business Case
2. The Statement of Work
3. The Project Charter
4. The Project Management Plan
5. Action Log
6. Risk Register
7. Status Reports
8. Budget
9. The Lessons Learned Review

21/10/2018

4 Steps for problem solving the IDEA Model

As its name implies, this model is the road map to follow to solve problems. What makes something a problem?

a) When the process isn't doing what it is supposed to and people don't know why.
b) When things keep going wrong no matter how hard everyone tries.
c) When everyone believes that there is a problem to solve.

The steps are:

1. Identify
2. Develope
3. Execute
4. Assess

18/10/2018

1. Poor Preparation
2. Inadequate Documentation and Tracking
3. Bad Leadership
4. Failure to Define Parameters and Enforce Them
5. Inexperienced Project Managers
6. Inaccurate Cost Estimations
7. Little Communication at Every Level of Management
8. Culture or Ethical Misalignment
9. Competing Priorities
10. Disregarding Project Warning Signs

Watch This Video