PMcrunch

Project Management, Six Sigma, Business Analysis, and ITIL all provide domain frameworks, all have associated business certifications, all live largely in the ‘business’ versus technical realm, and all have a strong process orientation. But what does that mean to business professionals and organizations? Here are some thoughts on implications based upon the ITIL framework.

[Read more →]

What do Six Sigma, ITIL, and Project Management have in common? These three disciplines all have associated business certifications, living largely in the ‘business’ versus technical realm, and all relate in some way to processes. But how can these disciplines relate to one another in such a way that greater value is created for the individual as well as the organization?

[Read more →]

On our projects, and in our programs and project portfolios, we often struggle with how to make changes.  From my own personal experience, the most challenging part of change management has always been the area of making incremental changes versus making wholesale major changes.  Let’s take a look. 

[Read more →]

As a program or project manager, one must keep an eye on both the near term and long term.  Today, under tough economic conditions, we typically turn to more near-term thinking because the focus needs to be first on survival before considering future plans.  We need to be careful however to not take this near-term thinking too [...]

[Read more →]

Using project management templates is a great way to improve project performance rapidly. In addition, implementing proven project management methodologies and processes can also improve performance and deliver better results. Here is a look at a couple of low cost possibilities that project managers can deploy rapidly.

[Read more →]

I just completed a great book that was so stimulating, thought-provoking, and inspiring that I had to write about it here.  By the way, it does apply totally to the project management field.  But it also applies to all of life, as it is a great story of life.  Greg Mortenson has taken on life [...]

[Read more →]

Organizations of all sizes have been taking a much closer look at their project portfolios in these tough times. One of the bigger questions is “where does innovation fit in in the portfolio?” There are some interesting ideas around this and organizations must reckon with the fact that decisions about innovation could very well set the stage for the future of the company. At the same time, we must reckon with the fact that, in order to reach a future, we must be financially sound through the crisis. I have been thinking a bit about the relationship between innovation and portfolio management in tough times.

[Read more →]

In these tight times, we are acutely aware of cutbacks, of scarcity, and of the need to streamline. However, really, these are indicative of management practices that should be occurring all the time. In portfolio management, especially, it is important to have a healthy balance between short term considerations and long term considerations. It is all a balancing act and the equation really only changes slightly during a downturn, such as we are currently experiencing.

[Read more →]

The Project Management Plan concerns itself with how the project is going to be managed. This includes consideration for the project management systems to be used to coordinate the plan and the project. The systems that are used are also very important in providing feedback to senior management.

[Read more →]

Project Portfolio Management, like Investment Portfolio Management, is a balancing act that requires constant monitoring and adjustment over time. Whereas an individual may have the right balance of risk, return, income, growth and others represented in an investment portfolio, a project portfolio is similar in many ways. Risks, returns, resources required, and alignment with overall strategy are just a few of the factors that must be kept in balance over time.

[Read more →]