RTConfidence, Inc.

Chrono™ Training Reference Guide

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What are the Causes of Unsuccessful Project Execution?

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?

Three Key Project Management Tenets that Improve Team Performance

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

There is No “Silver Bullet” when it comes to Strategic Project Management

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

RTConfidence is Issued First Patent

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

What is the Limit to Project Risk Absorption? (Part 1)

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)

What is the Limit to Project Risk Absorption? (Part 2)

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)

Enable Success in Your Projects by Embracing Project Risk Management!

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!

Basic Tips for Building a Schedule

Building a credible project schedule can be challenging, even for experienced professionals.  This essay explains a process I’ve refined and used with success for almost 30 years. Start with a well-defined project goal – There should be a clear written definition of the project that includes deliverables and success criteria before investing much time in… Continue reading Basic Tips for Building a Schedule

The Emptiness of Single Point Estimates

In freshman Physics, students learn not to report more precision in their answers than can be justified by the facts of the problem. Why are project managers still expected to report bogus completion dates that imply estimating precision that we don’t really have?  How long does it take you to go from your front door to… Continue reading The Emptiness of Single Point Estimates

Unrealistic Schedules: It doesn’t have to be this way!

I’ve been beaten up in the “project management” business for over 25 years – and I discovered that there was no good reason for it!   I’ve worked on technology development projects my entire career.  It didn’t matter if the projects were large or small. Invariably, mid-way through the effort, it became obvious to everyone that we were driving toward unrealistic schedule goals. The options to recover a slipped schedule in the middle are always limited. In most cases, either the schedule… Continue reading Unrealistic Schedules: It doesn’t have to be this way!