Cost Reimbursable Contracts – A PMP Definition By Sivaraj Dhanasekaran In a Cost Reimbursable contract, all the allowable costs to produce the products or services (deliverables) of the project is charged to the buyer...
Waterfall vs. Cyclical PM: Estimating Time to Implement a Functionality Is Difficult (#21 in the Hut Project Management Handbook) By Wouter Baars The waterfall method assumes a number of phases. In their project plans,...
The Quick, Fast Path Route to Project Portfolio Management (PPM) By Pradeep Bhanot As cloud computing rolls over the hilltops, Pradeep Bhanot from CA Marketing (Europe) explains how the SaaS model can help organisations...
Importance of Risk Analysis in Project Management By Sam Zaydel Lately, the focus in project management across industries has been put on Risk and ways of mitigating various risks, both known and unknown. And...
Project Managing Schedule, Scope, and Cost By Rob Redmond Economics is a fuzzy social science. Make adjustments to a national economy, and you may get unexpected results. Raise taxes, cut spending, raise spending, cut...
Earned Value Management for Absolute Beginners By Mike Griffiths Let’s imagine our project is to build a wall around a garden. For simplicity, let’s assume 4 equal sides and a budget of $200 per...
What Is a Project Management Information System (PMIS)? By Moises Ortiz The Project Management Information System (PMIS) refers to a system made up of technologies, procedures and people to handle cost, schedule planning, reporting,...
Characteristics of Effective and Ineffective Project Managers By Craig Brown Effective Project Managers: Lead by example Are visionaries Are technically competent Are decisive Are good communicators Are good motivators Stand up to top management...
Learning From Lessons Learned By Susan Peterson Every part of the planet has its challenges with the ravages of nature. Whether it be flood, fire, severe storms, or other disasters, each human response effort...
Sunny Skies or Storms – A Fresh Way to Assess Your Project Performance By Johanna Rothman I’ve long advocated test managers having a mission of assessing the state of the project and reporting on...
