pmtool
Learn About Earned Value Management (EVM) (Part 1 of 2)

Learn About Earned Value Management (EVM) (Part 1 of 2) Have you ever been asked how far along you were on a project? Of course you have. If you do not have a valid schedule, or if you are not keeping the schedule up-to-date, you know that your answer is pretty much a guess. If […]

Read More
Should You Factor Positive Risk into Project Planning?

Risks represent potential future events or circumstances that could have an impact on your project. Generally we think of risk having a negative impact. However, what if the impact on your project was positive? In that case you would have an opportunity risk. You have heard the saying that you should “push the envelop”, “be a risk-taker”, […]

Read More
Try using a RACI Chart with your next project

RACI Charts, for anyone not already familiar, are terrific for quickly defining individual roles within a process, team, or even project. Defining clear responsibility and accountability will help to ensure everyone on your team knows his or her role, and the roles of other team members. A RACI Chart is a simple matrix of task […]

Read More
Keep consistent project resources

We had a project recently that went a little off the rails. It was scoped and priced properly, schedule and expectations were okay, and the client was reasonable. The problem was in the resource planning. This was a custom software, development project. The initial team met with the client and did a good job documenting […]

Read More
How Do You Handle Projects With Predetermined End-dates (Timeboxing)

How Do You Handle Projects With Predetermined End-dates (Timeboxing)? In a perfect world, your project schedule and completion dates would be derived based on the amount of work to be done and the number of resources available. As you know, that is not always the case. Sometimes when the project is assigned, it already has […]

Read More
You Have Heard of Monte Carlo Scheduling. Here is What is Means

You Have Heard of Monte Carlo Scheduling. Here is What is Means Schedules are the way you estimate the work, resources and durations for your project. One way to manage schedule risk for large projects is through the Monte Carlo modeling. Here is an example to demonstrate Monte Carlo. The example is simple, but it […]

Read More
PMOs Should Assess Projects to Validate Use of Common Processes

PMOs Should Assess Projects to Validate Use of Common Processes Many Project Management Offices (PMOs) spend quite a bit of time deploying common project management practices in their organization and building project management skills in their staff. But is it working? The PMO can validate whether their work is sticking through project assessments. Project assessments […]

Read More
Describe Project Value Using a Business Case

Describe Project Value Using a Business Case It can be hard to compare and prioritize the projects in your portfolio because there are many different types of projects. Some projects might increase revenue, some might decrease costs and some might help build internal capability. All of them have some benefit but it may not be […]

Read More
Add Green Thinking to Your Procurement Process

Add Green Thinking to Your Procurement Process The TenStep model for sustainable project management (GreenPM®) integrates green thinking (“greenthink”) into every project management process. The point about green project management is not that you make every decision in favor of the one that is most environmentally friendly. The point is that you start to take […]

Read More
Use Five Steps in a Comprehensive Training Approach

Use Five Steps in a Comprehensive Training Approach Training is usually provided as the project solution is about to be deployed. However, on many projects the team does not start thinking about training until the end of the project. This is much too late. The key to an effective training approach is to start the […]

Read More