4 min read As we all know, Google is first at pretty much everything. In 2002 Google was the first to ask the questions, “Do companies need managers? Do startups require managers?” and got rid of management altogether. The idea was that engineers work better if there’s no one to breathe down their necks. At the time, it […]
PMBOK: Top 10 Takeaways for a Project Manager
8 min read What is PMBOK for a Project Manager? PMBOK is a guide to the project management body of knowledge. The main reason why project managers should diligently study PBMOK is that PBMOK accumulates a wealth of project management expertise in various industries, regardless of organization, and contains fundamental practices that will deliver positive business results: profit […]
Why Projects Fail: Business Analysis is the Key
2 min read Most specialists in project and portfolio management (managers, developers, analysts, sales specialists, etc.) quite often, if not constantly, encounter a lack of understanding from customers, and business owners on why they need business analysis: the “mythical” phase of diagnosis, scope and vision document, structural decomposition of work, specification of requirements or any user stories. In part, their […]
PMO Reporting Done Right: Where to Start and Where to Stop?
5 min read Today’s project management office or PMO is the term to describe the combination of several functions including program management, project support, and reporting. Organizations spend billions each year on project delivery. All project faces two significant challenges as they attempt to improve their ability to deliver complex projects on time and to budget: A survey […]
Combining Different Project Management Tools and Methodologies to Maximize Your Success
3 min read Cohesive teamwork has become a gold standard in the business world. 90% of corporate leaders feel today’s problems are so complex they require different skill sets to provide effective solutions. Internal collaboration can also fuel knowledge exchange, creative thinking, and problem-solving critical to positive business outcomes. However, different teams require different tools, and each team […]
The Good, The Bad, And The Ugly: Is There a Perfect Project Manager For You?
3 min read People who succeed in the role of Project Manager in IT are typically those who have a background in software development, and who are skilled both in heavy, predictive methodology (like the waterfall method) and light, adaptive methodologies (like DSDM, Scrum, and Lean). Most positions within this field will also require an understanding of the Software Development Life Cycle, […]
The Tale of the Perfect IT Project Manager. Management Styles and Roles
4 min read Any organization’s growth opportunities fall into four different categories, and to develop your business in a commercially sustainable manner, you need specific types of project managers to pursue them. These types emerged from our ongoing work of understanding how different business development projects can drive strategic renewal in organizations. Project Manager Types by Knowledge In addition […]
Project Risk Management: A Short Guide for Project and Portfolio Managers
3 min read Any project is associated with uncertainty and risk. Therefore, one of the main processes in project management is risk management at all stages of the life cycle. “A project risk management is an uncertain event or condition that, if it occurs, has a positive or negative impact on at least one of the project’s objectives, […]
How To Implement Strong Financial Planning Culture In Project Management
4 min read Apart from other project components, like schedules and quality, project cost management is the key component of project management. The level of financial and economic results of individual enterprises is largely determined by financial planning tools and the systematic approach to cost and budget management. The budgeting system is the basic element of the strategy […]
The Ultimate Guide to Project Prioritization: Goals, Metrics, Tools, & Techniques
5 min read We use the PPM term loosely, not even thinking of what it means. This is not just a term to describe the intricate process of managing the interrelated, dependent, and — to be frank — often confusing mix of interconnected projects. PPM is much more. It is all about the bigger picture, the moving forward, the […]