Sometimes the easiest way to create a Gantt chart is by starting from a template and customizing it to your project. To that end, we present the following 10 templates, which have been designed to be easily customized to your project. Using only basic Excel skills, you should be able to complete your own Gantt chart in 10 minutes or less. Template 1: Build a … [Read more...]
How Olympic Athletes Use Project Management Principles
Recently, I was left in awe at how some of the world's best athletes dedicate years of their lives to honing their skills, sacrificing immense amounts of time that could be spent on other, potentially more enjoyable, things. It goes without saying, that an immense amount of meticulous planning and management goes into preparing for a chance to stand at the top of the … [Read more...]
The Complete Guide to Gantt Charts
A Gantt Chart is to a project manager like a hammer is to a carpenter. It is the project manager's most used tool. It is used to convey the most critical information. And it plays an outsized role in project success. Since a project is by definition temporary, the completion date is a critical item in virtually every project. The gantt chart is used during project … [Read more...]
How the Olympic Games use Project Management Principles
Few projects out there are as big and complex as the Olympic games. They're truly in a category of their own due to their massive visibility and the world scale construction projects leading up to it. It gets awarded by the International Olympic Committee (IOC) to the host city more than 10 years in advance of the two-week long event, and the entire decade is spent in a … [Read more...]
Motivating your Project Team
Your project team is the single biggest factor in the successful completion of your project. When everything is stripped away, a project is nothing more than teams of people doing some work, and the quality of the final products will only be as good as the people producing them. So how do determine who to pick for your project, and what can you do to ensure the people … [Read more...]
Applying Sun Tzu’s Tactics to Modern Project Management
Sun Tzu’s "The Art of War" is a timeless masterpiece, offering strategic insights that have influenced military leaders, business executives, and strategists for centuries. Although it was written over two millennia ago, the principles laid out in this ancient text are remarkably applicable to modern project management. A project is not necessarily a "battle to be won," … [Read more...]
Project Cost Estimation 101
Project estimating requires predicting the future. Like ancient prophets and soothsayers, today's project managers are experts in telling people what is going to happen. The key to success, then, is to ensure that what actually happens is the same as the estimate. This might seem like magic sometimes, but it requires strong project cost estimation techniques. Project … [Read more...]
Three Point Estimating for the PMP Exam
Three point estimating is a technique which utilizes an optimistic and pessimistic estimate to determine the ideal estimate value for a project task. It is a shoe-in for PMP exam questions, which is not likely to change anytime soon. It allows known risks to be quantified and built in to the project budget. Formula There are two generally accepted formulas for three … [Read more...]
A New Look at Project Risk
By now most people have heard of the tragic events of October 21, 2021 involving the actor Alec Baldwin on the set of the movie, "Rust." In case you haven't, a loaded handgun was accidentally used in place of a prop, and was discharged during filming of the movie, killing the camera operator and injuring a producer. The details are easily found on the internet or read … [Read more...]
Task Completion Criteria
It's a surprisingly common occurrence that a project manager specifies a task as complete only to see more time, materials, and expenses charged to it the next week. Naturally, this is a frustrating situation. Of course, we want the task to be complete and we thus are motivated to check it off a soon as possible. There are often administrative and closing tasks that … [Read more...]