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November 2011 Blog Posts (12)

Success and Stakeholders

I have been considering the relationship between success and stakeholders.

One potential conclusion is that success is gifted to you by your stakeholders, you have to earn the gift but there is no way of knowing for sure if it will be granted. This means as a project manager, sports person or business executive, you have to put the effort in to ‘win’ by delivering ‘on-time and on-budget’, finishing first or achieving the planned objective; but achievement on its own does not translate…

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Added by Patrick Weaver on November 27, 2011 at 5:13am — No Comments

Free PMP Exam Sample Question

The following PMP® exam sample question is taken from the Free PMP Exam Simulator at http://free.pm-exam-simulator.com - The answer is at the very bottom:



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You are considering using WBS templates to create your project's WBS. Where would you most likely find these templates?



A.) PMI's Practice Standard for WBS

B.) Microsoft Project Web Site

C.) Organizational…

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Added by Cornelius Fichtner on November 25, 2011 at 7:34am — No Comments

PMP Exam Tip: Answer All Pmp Exam Questions From The Pmbok Perspective

The PMP certification examination is a computer-based exam that is offered at testing centers worldwide. The exam is based on much of the information contained in A Guide to the Project Management Body of Knowledge (PMBOK Guide).



The questions in the PMP Exam are based on the following process groups from the PMBOK Guide: Initiating, Planning, Executing,…

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Added by Cornelius Fichtner on November 23, 2011 at 7:35am — No Comments

What Could Happen

When you are facing a difficult decision sometimes the best thing to do is to sit back and analyze the potential outcomes from your decision. What path will each outcome create for you? Trace that path to its natural termination. Are you OK with this path? In other words:

 

If you do X, what is the worst thing that could happen?

Now, what is the best thing that could happen?

Are…

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Added by Margaret Meloni on November 21, 2011 at 8:00am — 4 Comments

Free PMP Exam Sample Question

The following PMP® exam sample question is taken from the…

Continue

Added by Cornelius Fichtner on November 19, 2011 at 7:41am — No Comments

Key Stakeholders

I was recently asked by a colleague for the definition of key stakeholder. Everyone writing about stakeholders uses the term probably synonymously with ‘important stakeholder’ but what is the actual definition?

One definition is from Cornell University, Information Technologies (see:…

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Added by Patrick Weaver on November 18, 2011 at 5:19am — No Comments

Business Cases and the Dark Forces of Time and Budget

What are the means for removing the obstacles of time and budget?  How can we address these issues before they become serious?  The business case is a first line of defense against the dark forces of Time and Budget.  Read more at the Slalom Blog: http://blog.slalom.com/2011/11/10/fighting-against-the-dark-forces-of-business-cases/

Added by Carl Manello on November 16, 2011 at 12:27pm — No Comments

Free PMP Exam Sample Question

The following PMP® exam sample question is taken from the Free PMP Exam Simulator at http://free.pm-exam-simulator.com - The answer is at the very bottom:



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You managed a project with over 60 team members to design a new sports car. In the project kickoff meeting you assured the team that good performers would be rewarded. At the project closing meeting, you only awarded incentive…

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Added by Cornelius Fichtner on November 10, 2011 at 11:40pm — No Comments

Earned Value Confusion = No Value

I have just finished reading another article where a proponent of Earned Value seems to deliberately set out to do as much damage to the general acceptance of the methodology as possible!

From its inception EV has been plagued with confusion generated by acronyms. EV ‘experts’ used to prove how knowledgeable they were by confusing business managers with a barrage of acronyms and formula. Before the turn of this Century, a decade ago, leaders in the profession recognized one of the…

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Added by Patrick Weaver on November 10, 2011 at 3:58am — 1 Comment

What are effective means for managing risks?

Risk management can be a detailed (and cumbersome process).  That may lead to it being ignored by PM's and other stakeholders.  To help simplify and get to the core, here are some ideas for starting risk management by getting the right people involved. http://tiny.cc/3g8x0

Enjoy!

 

Carl Manello

Added by Carl Manello on November 8, 2011 at 3:30pm — No Comments

Did You Expect Thanks?

A top de-motivator at work is lack of recognition or lack of appreciation. This is not a new fact nor should it be surprising to you. It surfaces time and time again employees who feel under appreciated experience low morale and many move on.  Even in a difficult economy when in theory it is an employers market, people are not just hanging around thanking their lucky stars that they have a paycheck. If they feel truly under appreciated they are already looking for their next…

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Added by Margaret Meloni on November 7, 2011 at 10:34am — No Comments

Free PMP Exam Sample Question

The following PMP® exam sample question is taken from the Free PMP Exam Simulator at http://free.pm-exam-simulator.com - The answer is at the very bottom:



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You are managing a software development project. Your project team has developed a software product with many features but poorly organized documentation. Which of the following is correct in this scenario?



A.) It has low… Continue

Added by Cornelius Fichtner on November 5, 2011 at 8:30am — No Comments

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