Years ago, I was asked by my boss (the CEO) to help determine why our largest division was having difficulties executing on DoD (Department of Defense) contracts. We had grown from implementing mostly internal product development projects to performing a larger percentage of contractual projects and struggled with meeting our commitments. In so doing, I decided to… Continue reading What are the Causes of Unsuccessful Project Execution?
The 3 Key Project Management Tenets that Improve Team Performance The 6 Project Constraints “Rule of Thumb” for Establishing and Maintaining a “Balanced” Project Plan The corollary is: “When one Project Constraint Changes at Least one Other Constraint is Affected”. The 6 project constraints are Product Requirements (i.e., Quality), Project Scope, Project Delivery Schedule,… Continue reading Three Key Project Management Tenets that Improve Team Performance
STRATEGIC PROJECT MANAGEMENT: “The formation and implementation of over-arching Project Management Guidelines and Initiatives taken by an Organization’s Management on behalf of Project Stakeholders, based on Resources and an assessment of Tools, Techniques and Competencies considered Best Practices for Projects being implemented to meet Organizational Strategic Goals and Objectives. It provides overall direction to the… Continue reading There is No “Silver Bullet” when it comes to Strategic Project Management
The RTConfidence Team just received official issuance of its first US Patent “Software Portfolio Management System and Method” which includes the application of our first game-changing product, Chrono™ and our revolutionary TriCoBi™ method! Congrats and thanks to our dedicated team members. Advanced Project Planning, Monitoring & Controlling Made Simple with Free Trial Buy Now
Part 1 of 2: Individual Task Risk Tolerance (Part 2 of 2 is on Overall Project Risk Limits)! I believe that almost any Project Plan can be “balanced” if you ignore the Risks. Think about it – you can balance almost any Project’s Quality, Scope, Schedule, Resources and Costs if you absorb an unlimited amount… Continue reading What is the Limit to Project Risk Absorption? (Part 1)
Part 2 of 2: Overall Project Risk Limits (Part 1 of 2 is on Individual Task Risk Tolerance)! As mentioned in my original post (Part 1, regarding Individual Task Risks), I believe that almost any Project Plan can be “balanced” if you ignore the Risks. But most high-risk plans would not make sense if team… Continue reading What is the Limit to Project Risk Absorption? (Part 2)
Participants in this session will learn how to identify, assess, and manage individual (i.e., task-level) and overall project risks then determine overall project risks. We will review relevant Tools & Techniques and provide examples of exercises. The primary learning objectives are: Knowing how to properly Plan, Identity, Assess, Respond, and Control individual task risks Being… Continue reading Enable Success in Your Projects by Embracing Project Risk Management!
I recently received the following question about Chrono™, the new Project/Program/Portfolio Management tool released by my company, RTConfidence: “What are the benefits of this tool and why is it different from its competitors?” Here was my reply: “Most significantly, this tool solves some major problems in the Project/Program/Portfolio Management space. Today, the best tools… Continue reading Why Chrono?
If you, your employees, or your suppliers are using Microsoft Project and use another program or application to run SRA (Schedule Risk Analysis) Monte Carlo simulations, you should down-load and try the Chrono™ add-in – a revolutionary offering from RTConfidence.com. You will not regret it – it is not only easier to use than any… Continue reading Level-up Microsoft Project!
Going back about thirty years when I was a relatively new Program Manager, I was given an interesting proposition by my manager – “We want you to take on a new project that the executive team knows will be impossible to execute successfully, but it is strategically important, and we would like you to run… Continue reading “Solving the Impossible” – Find out how!