Your project team is the single biggest factor in the successful completion of your project. At its core, a project is nothing more than a bunch of people collaborating to deliver a result, and the quality of their work defines the outcome. Building a high-performing team starts with choosing the right individuals and inspiring them to excel. So, how do you select … [Read more...]
No two projects are alike, and neither are their measures of success. While the Project Management Body of Knowledge (PMBOK Guide) defines a project as temporary, implying deadlines and budgets are key, that’s only part of the story. Some projects hinge on delighting stakeholders, others on meeting strict deadlines, and many on delivering a target return on … [Read more...]
When Airbus faced delays in delivering the A380 Superjumbo in 2005 and 2006, software glitches weren’t the only fallout. The second delay tanked the share price by 26% and cost executives their jobs. This high-stakes saga reveals a core truth of project management: even a flawlessly executed plan falls short if the stakeholders aren’t satisfied. But who exactly are … [Read more...]
Every project, no matter how well-planned, faces uncertainties that can derail progress or inflate costs. These risks, whether scope creep, resource shortages, or unforeseen events, can catch even seasoned project managers off guard. That’s where a project risk checklist becomes your secret weapon. By systematically identifying, assessing, and preparing for potential … [Read more...]
So you want to be certified as a project manager? Certification has many benefits, such as: Promotion Higher pay Recognition Whatever your reasons for pursuing certification, there are several different types of certification you could choose to achieve your goals. These fall into the following two basic categories: Project Manager. For the "full" … [Read more...]
Want to make smarter decisions in business, project management, or even your personal life? A SWOT Analysis is your go-to tool for gaining a competitive edge. By weighing your strengths against competitors’ weaknesses and evaluating opportunities versus threats, this method clarifies the best path forward. From portfolio managers choosing high-impact projects with … [Read more...]
Project Management is defined by the Project Management Body of Knowledge (PMBOK), developed and maintained by the Project Management Institute (PMI) as: The application of knowledge, skills, tools, and techniques to project activities to meet project requirements. Project management, then, is the engine that drives a project from vision to reality, ensuring goals … [Read more...]
If projects had a share price, they would trade low at the beginning. Instead of completed work that has intrinsic value, the project's stock price would be derived from future hopes and dreams. And there would be many things that could happen between now and then to derail the most ambitious of plans. Near the end, however, most of the project work has been completed … [Read more...]
At the helm of every successful project stands the project manager—a dynamic leader who steers the ship through calm and stormy waters alike. Tasked with the ultimate responsibility of delivering a project to its successful conclusion, they define the critical success factors and own the mission of bringing them to life. In short, the buck stops with them. From the … [Read more...]
Step into the world of elite project management with the Project Management Professional (PMP) certification, the gold standard in the field, recognized and respected globally. With over 830,000 certified professionals worldwide, this prestigious designation, awarded by the U.S.-based Project Management Institute (PMI), empowers you to proudly append 'PMP' to your name—a … [Read more...]
