PROJECT HERO BLOG

Project Management Best Practices & Weekly Tips

Look Before the Project - Part II

Last week we looked at the BCR -- Benefit-Cost Ratio as a way of evaluating a project. This week I'd like to look at a related technique -- Total Cost of Ownership (TCO). The purpose of many projects is to introduce a new product or service. Often...

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Limit Firefighting and Cat Herding

Fire fighting and herding cats is not project management. To bring your project back to a stable environment, pause and consider the following:

  1. Are there unidentified, poorly prioritized, or unmitigated risks that need attention?
  2. Is there a sound...
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Look Before the Project - Part I

For the next few weeks, I'd like to take a closer look at initiating projects, with special attention to costs. This is an area of weakness for many who jump in to do work before looking at the consequences or rewards. Rather than use a...

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Timing of Status Information Counts

In general, I recommend checking in on project status no less than once a week. If you wait longer, say two weeks, by the time you find out an issue, get it solved, confirm the solution, and make sure things are on track, you can lose up to six...

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Team Involvement is Key

resource management Jun 30, 2019

Projects that are off track may require corrective action or re-planning. Before deciding what to do, make sure the team is aware of the problem. Make them knowledgeable about the issue and empower them to be responsible and a part of the...

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7 Steps to Better Project Problem Solving

Problem-solving is a skill needed for all project phases and knowledge areas.  Here are seven steps to take to improve your problem solving:

  1. Understand the problem. Remember, Einstein recommended 55 minutes to understand an hour-to-solve...
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Keeping Everyone on the Same Page

This week someone questioned the wisdom of having a weekly project status meeting where all project team members participated to discuss issues and potential requirements changes. "Wouldn't that be an expensive meeting?" he asked. "Sure", I...

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Cheapest Isn't Always Least Expensive

cost management Jun 16, 2019

When selecting any resource of any type for a project, always keep in mind the automatic selection of the "cheapest" won't always be the least expensive option. This is why we have competitive bidding for major contracts -- we get a peek at the...

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5 Easy Places and Ways to Identify Project Stakeholders

stakeholder management Jun 16, 2019

It's always better to over-identify, rather than under-identify stakeholders.  Missed stakeholders, particularly those that are self-appointed, can hold your project back from achieving success.  Here are five easy ways and places to...

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Checklist to Avoid Project Chaos

If your projects feel like "herding cats" or constant "fire-fighting", you are not doing something right. Check these five items first to avoid project chaos:

  1. Define project success upfront with the project sponsor.
  2. Do sufficient planning and get...
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