A business case is the justification an organization uses for making a decision or undertaking an initiative. Its format can range anywhere from a formal report to an informal presentation or memo. Business cases are the foundation upon which all business is built. New capital projects, process improvement initiatives, growth strategies, and the like are all … [Read more...]
Human beings are naturally predisposed to resist change because of the risks it entails. Maybe the change will fail. Maybe it will reduce business or personal income. And maybe it will result in a loss of job security. We'd rather the devil we know, than the devil we don't. But process improvement is often an exciting step forward that makes an … [Read more...]
Lean Project Management is the application of lean concepts to project management methodologies. Lean is a method used in the manufacturing industry which results in significant increases in product quality and production efficiency. Project management, on the other hand, seeks to produce one single product or service (or just a few) while satisfying stakeholders … [Read more...]
In project management, the project team is the component of the project organizational chart that carries out the project's technical work. The project team reports to the project manager. For small projects, the project team and the project manager can be the same person. But this does not invalidate the presence of the separate roles. The main project … [Read more...]
A Project Management Information System (PMIS) is one or more software tools used for a project's information storage and distribution. There are many types of PMIS, and equally diverse ways of applying these types of systems for optimal benefit to the organization. The components of a project management information system are: Scheduling Estimating … [Read more...]
Writing a project report can seem like peering through the morning fog, into the unknown with no sense of direction. But there is a standard structure which, if followed, can pierce the veil and reveal the road to the destination. A project report has a 5 part structure: Executive Summary Introduction Main Body Statement of Problem Description of … [Read more...]
The International Project Management Association (IPMA) provides an excellent standard for measuring project success. It's called the Project Excellence Model (PEM), and it establishes an analytical system of points for various categories. It is used in the selection of the IPMA Project Excellence Awards every year. It is documented within the Project … [Read more...]
PRINCE2 is a project management methodology which specifies a series of project management documents (called products) that aid the project manager in carrying out their duties. Each PRINCE2 process and theme are mapped to the documents which are used to carry out that process. The documents (products) are core to the methodology. PRINCE2's documents … [Read more...]
PRINCE2 is one of the main project management methodologies in use in the world today. PRINCE2 is built on the foundation of project roles. There are 9 roles outlined in the method, which all must be filled even if the same person fills multiple roles. These roles are: Executive Project Board Senior User Senior Supplier Project … [Read more...]
Managing the project resources is how the project manager spends most of their time. From ordering supplies, to training team members, to paying bills, the project resources are a seemingly bottomless pit of active management. Meanwhile, the project team is one of the most important components of project success - Having confidence that your team is going to … [Read more...]
