Project Management Strategies in the Recession
By Alexander Hankewicz
Below are some Project Management strategies that will strengthen businesses against the current recession:
The Pro-active Project Manager
The need for a Project Manager (PM) to be” business savvy”, especially during a recession, is critical. The PM will have to become a crusader, a salesperson, and an influencer to fight for projects that enhance productivity and quality, or that shorten cycle times, or that have a shorter project life cycle to generate return on investment (ROI). When the economic cycle turns upward again—as it inevitably does—having invested in the improvement of quality and cycle time, within both manufacturing and product distribution, may result in a higher market share for a product. Once management has examined business processes as a way to bring about improvements, other areas of an organization’s infrastructure can be open for examination as well. The methodology that supports project management can be used in areas such as product design, by examining all aspects of a product’s features and benefits. Read the Complete Article
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Types of Project Management Communication – Developing a Plan (#2 in the series Types of Project Management Communication)
By Alexander Hankewicz
Frequently when project teams convene to discuss post-project reviews, project team members feel that if communication had been better, the project would have gone smoother. The reason communication in project management is crucial is because it can impact a project’s success, and it is very important that project managers use the right types of communication during a project.
Types of Project Management Communication
The issues project managers (PMs) have to communicate about on a regular basis include:
- buy-in and acceptance of major project decisions and milestones
- acquiring resources and managing budgets
- providing status reports on project schedule and deliverables
- providing classroom training and preparing user guides
- negotiations with third-party software vendors
- presentations to project sponsors and stakeholders
- mapping current processes and validating their findings
- development of process models and managing project documentation
- kickoff meetings
- executive reports
- financial reports
- issue logs
- risk logs
- change request logs
- role-responsibility matrix
- project organization chart
Given the nature of the communication models above, it is clear that listening is of equal importance to asking the correct questions and validating observations. Read the Complete Article
Project Management Pitfalls
By Alexander Hankewicz
Through the implementation of enterprise wide systems many organizations have experienced success in transforming their enterprise from a reactionary task driven environment into a modern proactive, cohesive organization which can provide visibility to Senior Management and to customers and suppliers alike. ERP implementations are usually large, complex projects, involving large groups of people and other resources, working together under considerable time pressure and facing many unforeseen developments. Not surprisingly, many of these implementations turn out to be less successful than originally intended. The ERP system implementation in itself is not meant as a panacea for all of the company’s ills, but should be the logical starting point from which to document business processes to define and develop strategies towards managing the organizations resources in both a structured, strategic and collaborative framework.
In a recent study published by CIO Insight Magazine dated July 2006: What’s the Value of IT? Read the Complete Article