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January 2011 Blog Posts (29)

Getting the Most Out of Your New Product Development Projects

From R&D to post-sales customer service, every group in an organization is critical to a new product’s success. Project and Portfolio Management (PPM) systems can unite all these elements that drive new product development – if used wisely.

 

But too many organizations run their new product development projects in silos, typically within the confines of marketing and engineering. PPM is used more as a tactical tool to monitor progress, overcome bottlenecks and keep on…

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Added by Neil Stolovitsky on January 14, 2011 at 3:16pm — No Comments

The Adventures of Dan the Project Manager Man - Managing Team Conflict

“I won’t work with Jocelyn on this project.  You have to find someone else!”

“Okay, Dora.  I will think about what can be done.”

I frankly didn’t understand the reasons for the dislike between Dora and Jocelyn.  They are both very smart, very determined to do their best for the client, and very capable of delivering a quality product and service.  Personally, I felt their dislikes were rather unprofessional.  Professionally, I had to find a workable solution without dismissing…

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Added by Dan Vickers on January 14, 2011 at 10:47am — 2 Comments

Top 10 Project Management Trends for 2011

ESI International, the world’s leading project management learning company, revealed their Top 10 Global Project Management Trends for 2011. Key themes include building the project manager’s (PM) influence, accelerating new leadership and communication skills, and increased use of informal learning…

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Added by Bernardo Tirado, PMP on January 13, 2011 at 7:42pm — 3 Comments

Project Management Shortcuts: Resource Leveling Made Easy

For project managers, a key mission is to ensure that all project team members are assigned the right tasks – and the right amount of work – given their availability. That means if someone is only available 8 hours a day, then the project schedule should only reflect (at most) 8 hours of work on that person each day.  



But with most project scheduling software, it is frighteningly easy to create schedules with overloaded resources. Take this Microsoft Project Gantt Chart, for…

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Added by Liz Pearce on January 13, 2011 at 1:00am — No Comments

Risky Business – Getting Started with Risk Management

In our last post, Susan discussed the top project management stories of 2010, and in that article concluded that risk planning was one of the major take away lessons of the year.  When we look to past news-worthy project stories such as the BP oil spill disaster, the Carnival cruise ship Splendor nightmare, or the delays of the Broadway production of Spiderman, risk…

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Added by Cindy Vandersleen on January 12, 2011 at 3:55pm — 1 Comment

Three Benefits of Project Management Training

Project management skills have become increasingly important in today's diverse business world. The ability to manage and track multiple projects is a skill that is universal; it is applicable across the board, no matter what type of business you are in. It is a vital skill set for many management positions, not just those with the title of "Project Manager."

Project management benefits not only the business manager or project…

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Added by Kevin Archbold on January 11, 2011 at 5:04pm — No Comments

PMP Exam Tip: The Project Management Plan

A project management plan is a formal, approved document that defines how the project is executed, monitored and controlled. It may be summary or detailed and may be composed of one or more subsidiary management plans and other planning documents. The objective of a project management plan is to define the approach to be used by the Project team to deliver the intended project management scope of the project. The project manager creates the project management plan following input from the… Continue

Added by Cornelius Fichtner on January 10, 2011 at 9:50am — No Comments

Free PMP Exam Sample Question

The following PMP ® exam sample question is taken from http://www.free-pm-exam-questions.com - The answer is at the very bottom.



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Which of the following strategies are suggested to deal with threats or risks that have

negative impact on projects?



A) Avoid, transfer or enhance.

B)… Continue

Added by Cornelius Fichtner on January 7, 2011 at 8:18am — No Comments

PMP Exam Tip: The Responsibility Assignment Matrix (RAM)

A Responsibility Assignment Matrix (RAM), also known as RACI matrix or Linear Responsibility Chart (LRC), describes the participation by various roles in

completing tasks or deliverables for a project or business process. It is

especially useful in clarifying roles and responsibilities in

cross-functional/departmental projects and processes. RACI is…

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Added by Cornelius Fichtner on January 4, 2011 at 9:30am — No Comments

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