Differing Perceptions: What is Project Management?
Differing Perceptions: What is Project Management?We don't 'do' project management -- we practice it. It is not a universal standard, but a way in to thinking about planning and delivering work. Without the context for why and how it can provide clarity and reinforce commitments, project management is going to continue to feel like unnecessary bureaucracy to many.
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Labels: project management
Projects: How to do a project review
Upon Further ReviewProject reviews are a reality check, an opportunity for the project manager to step back to hear how things are really going. That shouldn't panic you, and, in fact, it's wise to plan and build in independent reviews from the start of your project so you get regular health checkups.Here's how it should work.
How to do a "project review"Labels: project management, project review, project summary
Project Management: The Horror and the HumorRequirements?
Project Management: The Horror and the HumorRequirements? We don't need no stinkin' requirements. If he'd been an action hero instead of a project manager, Christopher Johns might have done a slow motion leap across the table during a high-powered client meeting and muzzled the executive who was committing his firm to the impossible. Instead, Johns had to settle for writing a humorous commentary about the experience two years after the fact.
Read this article.Labels: business analysis, business requirements, project management
What is Teambuilding?
What is Teambuilding?
Here's a PM training video game with some interesting features, and our readers are invited to review it and receive a free download. Make the "quiz show host" your CEO, or Elvis, or your dog; make the "contestants" your actual team members. Looks like fun; let the game designer know if you find it effective.
Just e-mail
gary@training-games.com for delivery via download link or attached zip file. A list of features can be viewed online.
Click here.
Labels: project management, team building, training, video
For Guaranteed Low Performance, Don't Use These Practices
For Guaranteed Low Performance, Don't Use These PracticesTrying to build high-performance teams? Look beyond the team to the organizational culture and policies for success. As the Chinese proverb says, "In a broken nest, there are few whole eggs."
Read this article.Labels: best practices, leadership, project management, team building
The AMA Handbook of Project Management & Creative Product Design
The AMA Handbook of Project Management & Creative Product DesignPaul C. Dinsmore and Jeannette Cabanis-Brewin, editors AMACOM, 2006
A comprehensive reference, thoroughly updated with all new material, this handbook presents the critical concepts and theories that all project managers must master. PMBOK III-compliant chapters on the basics are paired with chapters on organizational and professional issues facing project leaders. See why the PM Journal called this “a big step forward in bringing readers up to date on current issues and practices in project management.”
Get your copies today.
AMA Project Management HandbookCreative Product Design: A Practical Guide to Requirements Capture Management Labels: AMA, BA, business analysis, business process, design management, PM, project management, requirements
Exploring Monte Carlo Simulation Applications for Project Management
Exploring Monte Carlo Simulation Applications for Project ManagementYoung Hoon Kwak & Lisa Ingall
Monte Carlo simulation is a useful technique for modeling and analyzing real-world systems and situations. This paper is a conceptual paper that explores the applications of Monte Carlo simulation for managing project risks and uncertainties. The benefits of Monte Carlo simulation are using quantified data, allowing project managers to better justify and communicate their arguments when senior management is pushing for unrealistic project expectations. Proper risk management education, training, and advancements in computing technology combined with Monte Carlo simulation software allow project managers to implement the method easily. In the field of project management, Monte Carlo simulation can quantify the effects of risk and uncertainty in project schedules and budgets, giving the project manager a statistical indicator of project performance such as target project completion date and budget.
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Keywords:
Monte Carlo simulation, project management, risk analysis and management, exploratory studyLabels: derivatives, exploratory study, Monte Carlo simulation, project management, risk analysis and management, risk management, technology, trading
Risk Diversifications in Emerging Economies
Risk Diversifications in Emerging EconomiesYoung Hoon Kwak & Lisa Ingall
Monte Carlo simulation is a useful technique for modeling and analyzing real-world systems and situations. This paper is a conceptual paper that explores the applications of Monte Carlo simulation for managing project risks and uncertainties. The benefits of Monte Carlo simulation are using quantified data, allowing project managers to better justify and communicate their arguments when senior management is pushing for unrealistic project expectations. Proper risk management education, training, and advancements in computing technology combined with Monte Carlo simulation software allow project managers to implement the method easily. In the field of project management, Monte Carlo simulation can quantify the effects of risk and uncertainty in project schedules and budgets, giving the project manager a statistical indicator of project performance such as target project completion date and budget.
Read this report.Keywords:
Monte Carlo simulation, project management, risk analysis and management, exploratory studyLabels: derivatives, exploratory study, Monte Carlo simulation, project management, risk analysis and management, risk management, technology, trading
