Take-Aways Be mindful when issuing warnings (red flags). Initial reactions to a problem are often wrong. This is natural because it takes some time to recover from seeing something incorrect and to clarify the situation. Abrupt stops can create unintended consequences. Project Management Information Systems can keep the team informed so that they can better interpret the red flag when it is raised. Email is a common way red flags are raised. The results often ...
Take-Aways Defining the value of knowledge is elusive because of the number of variables that can influence outcomes. Information may have no value if it has no project impact. Determining if information impacts variable costs can facilitate decisio
Take-Aways 1. Aligning yourself with your customers is more important in today's environment of austerity. The better you understand and interact with your customer, the longer they remain your customer. 2. Customers want to be heard and they wa
Take-Aways Lack of sponsor and stakeholder support deprives projects of vision and resources. Project management presentation of important information can make motivate stakeholders to take actions that reduce project uncertainty and improve project
Take-Aways 1. The core mission of a Project Management Office is to help organizations improve project outcomes and improving how projects are executed. 2. Trends towards organizations that embrace improvisation in dealing with uncertainties, inform
Take-Aways 1. The 5 th edition of PMBOK includes a new knowledge area for Project Stakeholder Management, recognizing the importance of the role of politics. 2. Awareness of stakeholders and their numerous and conflicting needs can reduce project ri
Take-Aways 1.Projects sometimes warrant dividing roles amongst multiple resources. 2.As a project progresses through its phases and stages, activity levels for project management resources fluctuates. A flexible staffing model provides the needed re
Take-Aways Project managers are guardians and advocates for a project. If a functional manager assigned a development role to the same person who acts as the project manager, the project will no longer have a project manager. To avoid this situation