If there's one most important skill for a project manager, it would be staying within budget and schedule. It is not an understatement to say that if you master this one thing, most other things will likely fall into place. And the magic ingredient to doing this well is called earned value management (EVM). EVM is... [Read More]| ProjectEngineer
The true power of the earned value method lies in its ability to sound the alarm before a project veers off track. In my days at a large engineering firm, I watched countless project managers stumble into a rude awakening at the end of the monthly billing cycle, only then realizing their project was lagging. ... [Read More]| ProjectEngineer
I was once part of a project which went behind schedule and over budget. In response the project manager asked the project team to come up with reasons why the project was late. Naturally the team produced several reasons, and a change in schedule and budget was approved. Everything sounded like it was back on... [Read More]| ProjectEngineer
Every successful project deserves a report that captures its essence, showcases its achievements, and provides a clear roadmap of what went down. Whether you're wrapping up a team initiative or presenting to stakeholders, a well-crafted project report is your ticket to clarity and credibility. Writing a project report can seem like peering through the morning... [Read More]| ProjectEngineer
Let’s face it: managing a project can sometimes feel like a frantic dash to put out fires. A missed deadline here, a budget overrun there—too often, project managers end up reacting to chaos instead of steering the ship. But here's the truth: Putting out fires is rarely a good project management strategy. It’s exhausting, inefficient,... [Read More]| ProjectEngineer
Putting out fires is practically part of the job description for some project managers. Every project has changes throughout its life span, sure, but how do you control them, or better yet, how do you stop them from popping up? Project controls are where the project manager earns their wages. Assigning work is relatively easy,... [Read More]| ProjectEngineer
I think someone needs to pay closer attention to road! In order to make sure that disasters like this never happen, the project manager should institute a strong system of project monitoring. Fortunately, there is plenty of information within the Project Management Body of Knowledge (PMBOK) for this. If done right, it can save your... [Read More]| ProjectEngineer
Although it isn't in the dictionary, the project management industry uses the term deliverables almost daily. I must say, I am tired of MS Word underlining it as a spelling mistake. Deliverables are the products, services, and results that a project produces. Thus, they are the cornerstone to project success. Every project has to produce something.... [Read More]| ProjectEngineer
Projects don't manage themselves. Professional project management requires the development of a plan that outlines how it will be managed. According to the Project Management Body of Knowledge (section 4.2), the project management plan fulfills this purpose. Although it includes any and all items that define the management of the project, there are certain standard items.... [Read More]| ProjectEngineer
The project sponsor is a very important part of the project management organizational chart. In fact, every project has a sponsor. The project sponsor is one, and only one, level above the project manager. They do not manage the day to day operations of the project but they ensure the resources are in place, promote... [Read More]| ProjectEngineer
Putting out fires is rarely a good project management strategy. Project controls are where the project manager earns their wages. Assigning work to someone is relatively easy, but how do you ensure the quality of the work is acceptable, or that the deadlines will be met? Fortunately, project management theory contains techniques which are used... [Read More]| ProjectEngineer
There is no universal definition of project success. Since the very definition of a project is temporary (Project Management Body of Knowledge, 6th Edition), virtually all projects must meet a deadline and budget. But some projects must satisfy certain stakeholders. Others must meet regulatory criteria. Still others must achieve a certain return on investment. For these reasons,... [Read More]| ProjectEngineer
The definition of a Project is: A temporary endeavor undertaken to create a unique product, service, or result. The two most important keywords within that definition are: Temporary: A project has a fixed beginning and end. Because of this, there are two factors that come into play in virtually every project: Time (deadlines) and money (budgets). ... [Read More]| ProjectEngineer
The largest projects in the world, from the summer olympics to big petrochemical projects, have one major thing in common at the project management level: A relentless focus on risk. What happens if there is a riot? Or a catastrophic explosion? What if protestors disrupt the project, or regulatory agencies reject it? These large megaprojects must allocate... [Read More]| ProjectEngineer
