Are you feeling your stress level rise as you get closer to the holiday season? Do you feel that the crunch is on as you look at the calendar and realize that it is December 1st and the holiday season…
Risk Management is the process of identifying, analyzing and responding to risk factors throughout the life of a project in order to provide a rational basis for decision making in regards to all risks. Proper risk management implies the control…
It seems at times that the success of a project seems to be an act of fate or luck. Some projects succeed, while others fail, and it is not apparent why. Success in projects is no different from success in…
Many organizations create a number of project management offices (PMO) in different departments. According to the findings of a global research study of over 750 organizations, this may not be a good idea. To be most successful, a PMO needs…
Where is project management going in the next decade? Being able to look at current trends and see where they will take us is an interesting and thought provoking exercise. It can give us a much needed competitive edge to…
Overview Many project management offices (PMOs) are not successful in addressing the strategic priorities of their organization because they are departmentally based and not enterprise-wide. This reduces their span of influence and limits corporate support. This is a finding from…
Corporations throughout the world are losing billions in wasted project spending and this waste is being carefully hidden from management and investors. A new global research report shows that one of the biggest contributing factors to failed projects is the…
The International Organization for Standardization released a new standard in the autumn of 2003. Referred to as the, “ISO 10006:2003, Guidelines for Quality Management in Projects”, it is creating the next wave in our understanding of the management of projects…
Get the Best Pit Crew The success of any auto race depends on having a crew who will work together to get the car across the finish line first. The car owner starts by identifying the pit crew chief and…
Business Improvement Architect's research survey of eighty-one Business Analysts attending Project World/Business Analyst World 2004 in Toronto, Canada, identified that ‘Business Requirements Not Well-Managed’ and ‘Lack of Clarity in the Scope of the Business Functions’ are the top two challenges…
