Behind Every Great Product There’s a Project Manager
By Gren Gale
Just about every product you see on sale got there by a bunch of clever people designing and building it, but with a project manager behind the scenes making sure it was managed through to delivery.
Everything from the Pyramids to the Taj Mahal went through a project lifecycle of analyze, design, build and test and was run by someone who might not have had the title ‘project manager’ but employed project management skills that we would recognize today.
Most products and buildings in the modern world and lots in the ancient world are complex constructs. They have been carefully designed and built from large numbers of components, sourced often from different organizations, countries and continents, which have to be integrated together into the whole. Someone has to plan, co-ordinate and manage this.
Many small and medium businesses don’t see the value of project management skills or do, but only implement them half-heartedly. Read the Complete Article
Making an Impact as a Project Manager
By Claudia Vandermilt
Project management can be a valuable approach when attempting to control spending and improve project deliverables. The benefits can produce the collective effect of reducing unnecessary risks and improving rates of success. When the economic recession put a burden on business managers to make cost-effective decisions, several found that applying project management methods were crucial to the organization remaining profitable, despite downturns in international business.
In 2010, an Economist Intelligence Unit report noted that many businesses relied on project management when the recession began. Compared to 2007, 40% of survey respondents noted an increase in time spent on project planning, and 37% noted they spent more time on risk assessment and documenting key milestones. In times when resources are tight, businesses have relying on project management to help ensure their resources are well-utilized.
Benefits of Project Management
In today’s ultra-competitive business world, teamwork has become a vital component of overall project strategy. Read the Complete Article
Project management Creates Alignment with Doing the Right Thing
By Kiron D. Bondale
Those of you who have followed my writing over the past few years will know that the most common word I use to describe project management is predictability. Uncertainty in terms of outcomes and stakeholder expectations is hardwired into the DNA of projects, hence the primary value we bring to our organizations is by increasing the level of predictability about their investments.
However, this speaks to the end but not the means.
A mantra that I have heard multiple times over my career is “Do the right thing”. Even the outgoing CEO of my company incorporated this phrase as part of the final sentence of his official farewell speech earlier this week.
Imagine the power of an organization where every individual walks around with that mantra as their core guiding principle.
The challenge comes when we realize that the right thing is in the eye of the beholder. Read the Complete Article
You Can’t Afford a Project Manager on Your Project?
By Steve Hart
Particularly in the world of consulting, you are always getting pressure to make your proposals more competitive. One of the areas that seems to come up frequently in this process is project management. This project is not too large or complex, do you think we really need a project manager on this? I recently ran into a client situation where the CIO stated, “We cannot afford to have project managers in our organization.” I had to bite my tongue real hard to keep from replying, “Can you afford NOT to have a project manager?” I have been involved in more than one project that has become significantly challenged directly or indirectly because of a lack of project management focus on the project.
This post is an attempt at a non-biased look at whether or not it is reasonable to squeeze the project manager hours out of your project budget (or at least significantly reduce them). Read the Complete Article
10 Reasons There Is Always a Need For Project Management
By Michelle Symonds
There may come a time you face the question “do we really need project management (PM)?” and as a well trained project manager you should be able to answer confidently multiple reasons you do, until the person on the receiving end of your knowledge is in no doubt that yes, you do always need PM to lead a project to success.
Here are 10 reasons there is always a need for project management:
Read the Complete Article
When your project comes to a close, you will be reviewing all the different phases of the project and how successful they were. All elements of the project are analyzed and reviewed to enable the manager to identify areas that need improving and any successful processes that could be implemented in future projects. All lessons learned either negative or positive are documented for future reference, benefitting future work.
Why Using Project Management Techniques Will Improve Your Marketing Campaigns
By Melanie S Haydon
One of the things I’ve noticed recently is the number of law firms that are looking for Business Development and marketing staff. The responsibilities of the roles often include project managing events, producing collateral or running campaigns but the skills required tend to focus on traditional marketing skills and sector knowledge rather than project management experience. Business Development and marketing is still an emerging area in many firms so there is less likely to be a set of processes and templates to support them. This applies particularly to campaigns which have become much more important now with increased competition and more discerning clients.
To get the most out of a campaign you need to apply many of the same disciplines as you would for any other project in a professional services firm. I can speak from personal experience here, I run my own marketing campaigns and it involves skills such as planning, measuring effectiveness and scope control. Read the Complete Article
Project Management and Its Impact on Information Technology Project Success
By Claudia Vandermilt
When you’re dealing with information technology projects, the use of specialized IT project management techniques will be very beneficial to your ongoing progress and lead to a much higher success rate in the long run. Planning and carrying out information technology projects can be particularly tricky for a number of reasons, making the ability to complete them successfully a very valuable asset to any employer.
Some Common Information Technology Project Management Complications
The difficulty of IT project management is reflected in the relatively high rate of failure for information technology projects. In fact, a 2009 report published by The Standish Group indicates that only 32% of the information technology projects undertaken by companies were considered successful. Nearly one-quarter of all IT projects failed, while 44% were considered “challenged,” meaning that they were late, over budget or did not meet all of the project requirements.* With that kind of failure rate, it’s easy to see why special IT project management skills and knowledge may be necessary to keep information technology projects on track. Read the Complete Article
Companies Using Project Management Approach Are More Profitable
By Giana Rosetti
In today’s global market, companies are looking to improve their systems and processes to become more competitive and profitable. One way they are trying to do this is by establishing project management as a core competency throughout the organization. But why they are so motivated to implement a enterprise project management approach? Here are some reasons:
- Losing market share due to increasing global competition
- Poor cost vs. profit ratios resulting in falling or stagnant stock values
- Competition with faster time-to-market
- Changing economic conditions that force downsizing
- Effective use of fewer resources caused by downsizing
- Implementing new technology to become more efficient
- Managing changes brought on by dynamic growth
- New executives who have seen it add value elsewhere
The list of organizations attempting to integrate project management disciplines and best practices into the way they manage their businesses is expanding daily; however, those who have succeeded in doing so is significantly smaller. Read the Complete Article
Project Management – A Modern Profession
By Michelle Symonds
As large organizations strive for greater project success they are recognizing the benefits of professional project managers. Project managers with experience, training and qualifications bring improved chances of project success.
Most medium and large organizations will have become used to projects of one sort or another being part of their daily business. Many of those organizations have also developed a commitment to improving the success rate of their projects because they have experienced first hand what happens when an individual is assigned to managing projects with no prior training and, worse, when there are no formal processes or controls in place – and it isn’t success. Large organizations tend to have an understanding of the benefits of some rigor within the project management process through trial and error. They recognize that allowing a member of staff to “drift” into project management does not always deliver the best outcome. Read the Complete Article
The Advantages of Having a Project Manager
By Claudia Vandermilt
Skilled project managers are invaluable to businesses implementing complex, project-based processes completed by teams of workers. This specialty fulfills an increasingly important role in countless companies. With thousands of project manager openings currently posted on major job-search sites, it’s clear that project management is one of today’s fastest-growing professions.
Project Management in Business
The project manager’s role varies according to industry and individual business, but at its heart, project management entails balancing a project’s timeframe, budget and overall scope as the team works to meet its objectives. Project managers oversee the individual tasks that move a project toward completion, so its ultimate success or failure depends in large part on the project manager’s competency.
In companies where projects are frequently late, over budget or fail to meet their objectives, hiring a skilled project manager can improve productivity and morale – and often leads to greater profitability. Read the Complete Article