PMcrunch

Often times, in the day to day course of business, as well as life in general, we resist certain conditions if they are not favorable in some way to us. I would call this less resistance to change and more a matter of not accepting the inevitable.

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In managing a project or program, we start with an objective, work in the details, get buying, put together a schedule, and implement. Of course, that is a very simplified version of what happens in project and program management but…

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It’s human nature to stay with what is familiar, even when we know that a big change is needed. The prospect of venturing into the unknown comes with fear and risk. Tough times, like that presented by our current economic climate, might make changing necessary.

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On your project teams over time, there surely have been “pivotal performances”. Just like in a basketball game there was something that the winning team did throughout the game, that proved to be pivotal to the outcome of that game. There are things that each team member, and the team as a whole does throughout a project, that are pivotal to the projects success. The question is, how do you find those things, and how do you get your project team to turn in pivotal performances, routinely.

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Often times in our careers, we feel stuck or stalled, whether in our organization, department, career, or even personal lives. One thing that we can do is to take a good hard look at what it might be that has us stuck. Then identify a problem, or opportunity, and start a project around it!

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There is no doubt about it we are in tough economic times. The current woes on Wall Street are only the most recent evidence of our collective economic difficulties. So the big question is how do project and program mangers cope with these difficult times. Many fear the loss of jobs and extended time away from work. This includes team members, it can include stake holders, it can include the project and program managers themselves. It is this fear that is one of the important keys to coping with difficult times.

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All professionals – Project Managers, Program Managers, Executives, leaders of all kinds -  worry at times, and some more than others.  Worrying a lot or a little is actually a controllable habit.  Worrying a lot is little more than trading your peace of mind and taking a negative view of the future.  The urge to [...]

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The business analysis function is one that needs to be managed with care and the wisdom of experience. Business analysts handle requirements management, systems analysis, business analysis, requirements analysis, or consulting. The various activities around these functions take place throughout the project and require continuous monitoring, starting at a high level near the beginning of the project. This post explores key business analysis activities throughout the project lifecycle.

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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.

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Talent management is a huge challenge for corporations and organizations of all types and sizes. I many cases, success at talent management within the organization can be the key differentiating factor between success and failure for the organization. Likewise, success at project management, program management, and portfolio management also largely hinges on strong talent management. Part of this challenge lies at the relationship between the organization’s talent management capabilities and those of the projects and programs.

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