PMcrunch

In thinking about shareholder management or investor management, especially in today’s volatile environment, I see a big parallel with stakeholder management.  In essence stakeholders are the investors in our projects.  Stakeholders hold a “stake” in our projects.  Stakeholders, just like investors, have different levels of investment or interest in our projects.  We must think of [...]

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Human resources is an important function in all organizations and that includes the project organization. In these difficult economic times, the human resources’ function is being tested in organizations worldwide. How does that testing in this environment translate into the project team environment?

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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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