In this first out of five project management processes, the project is created and defined to the extent necessary to begin planning the project. This step involves the project setup, and ensures that the performing organization is clear about the purposes and priorities surrounding the project. There are usually certain issues that require setup, like... [Read More]| ProjectEngineer
Project initiation is where it all begins—the moment a project takes shape, its purpose sharpens, and the foundation for planning is set. But it's significance is far more than administrative, rather, it forms the heartbeat of a project’s potential success. Beyond paperwork or procedural hoops, the project initiation phase builds the foundation for the future... [Read More]| ProjectEngineer
Projects are magnets for surprises—think missed deadlines, budget slips, or that vendor who ghosts you midstream. A Risk Management Plan is the part of the Project Management Plan that plans, identifies, and analyzes project risks. It provides the project management team with a defined plan to identify and manage the risks that can arise and negatively... [Read More]| ProjectEngineer
A few years ago I was part of a project which involved replacing a bridge over an irrigation canal. Because the canal authority shut off the water when winter set in and turned it back on in the spring, winter was a perfect time to build this bridge. We wrote penalties into the construction contract... [Read More]| ProjectEngineer
Risk is defined as: An uncertain event or condition that if it occurs, has a positive or negative effect on a Project's Objectives (PMBOK). The effect of uncertainty on objectives (ISO 31000). The possibility that something bad or unpleasant will happen (Miriam-Webster) Risk planning is the process of identifying, prioritizing, and managing risk. Every project... [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
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
According to the Project Management Institute, less than two thirds of projects meet their intended goals. The other one third are projects that end up with a drastically different scope than they began with, sometimes with different deliverables, or even get canceled outright. The project managers of these projects are not doing any favors for... [Read More]| ProjectEngineer
Most projects have a million things that can go wrong. Because a project is by definition temporary, it is inevitable that the budget and schedule factor prominently in project success. But it is a surprisingly common scenario that project managers think the project is going great because the variables they are concerned with are on... [Read More]| ProjectEngineer