A new project launch brings with it a sense of optimism that the entire process will go forward without a glitch. Of course, even the most rookie project manager is less than surprised when things don’t generally proceed according to plan. One of the most effective methods of dealing with challenges in the project managementRead more
Insights
As many organization leaders are aware, few (if any) IT projects materialize without running into problem issues. This is true for all types of projects. The larger and more complex the project plan, the more likely project managers will reach a point where their project schedule falls short of delivering what it initially set outRead more
Research indicates that only 29 percent of IT projects are completed successfully (The Standish Group). Why do so many projects fail? The majority of IT leaders suggest that many project managers don’t follow standard project management processes, are not outfitted with the proper team and fail to evaluate the risks that could hamper their projectsRead more
Understanding the Type of PMO That Needs to Be Established PMOs can be established to serve a specific purpose. According to the Program Management Office Handbook, prepared by the PMO Special Interest Group (PMOSIG) of the Project Management Institute (PMI), there are five types of Programs: Strategic Programs – focus on work to align with the organization’s strategic goalsRead more
The benefits of risk management in projects can be substantial. Properly managing risk in a project can help project managers minimize the impact of project threats, thus allowing them to deliver projects on time, on budget and with the quality results demanded by project sponsors. The 7 steps below provide a good framework for effectivelyRead more
IT leaders often struggle to assess the value of potential projects. Solely considering value according to a project’s expected financial return is not advised, as this evaluation may deprioritize many of the technological innovations that enterprises need to further scale their organizations. The approval and initiation of a new business or IT project requires significantRead more
Balancing all the elements of a difficult project – time, money, scope and people – is the project manager’s responsibility. Excellent project management skills are essential to successfully dealing with the unexpected challenges that come with every project. The following is an overview of the top 10 project management challenges that project managers may encounterRead more