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Using Activity-Based Costing and a Cost Breakdown Structure
Activity-based costing is seen as the most accurate way to build a project budget. While top-down estimation has its advantages, it is not as accurate as starting at the bottom of your project’s WBS...
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The Insider’s Guide to Sustainability in Monitoring and Controlling your...
The processes used in project management are critical to project success; sustainability considerations need to be embedded in the project management cycle. Integrating sustainability into your project...
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Sitting your PRINCE2® Practitioner Re-Registration Exam
Many folks have asked me about what need to happen to keep their PRINCE2 practitioner certification current. It’s pretty simple, really. If you have taken the PRINCE2 practitioner qualification since...
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Recommended Technique: Root Cause Analysis
Project managers, business analysts and project team members often find themselves performing root case analysis to determine the underlying source of a problem. This structured technique is used to...
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PRINCE2® Professional Qualification: Been There, Done That
Now I know the answer to the PRINCE2 practitioner question “What’s next?” Earlier in February I headed across the Atlantic to be a candidate in one of the pilot sessions for this new offering. The...
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Requirements Traceability – Part 2 of 4: What to Trace and Why
Now that we have looked at and thought about requirements traceability and managing requirements at a high level in my traceability series part 1 post, let’s move on to some more requirements...
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Requirements Traceability – Part 3 of 4: Key Dependencies and Relationships
Now that we have looked at and thought about some of the details involved in requirements traceability, let’s dig a little deeper and look at some more requirements traceability details. Remember that...
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Identifying Project Assumptions and Constraints
Assumptions and constraints show up frequently on our projects. Successful project managers and business analysts keep an eye out for the assumptions and constraints present on their projects. After...
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Using a Style Guide for Your Project Documents
Did you ever read a project document and immediately recognize that it was written by many different people? It can be easy to tell when we stick together different sections of our documents that were...
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Guidance for Management of Value (MoV®)
According to the Merriam Webster Online Dictionary, value is defined as “the monetary worth of something” or as something’s “relative worth, utility, or importance”. This is a term we are hearing more...
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The PMBOK® Guide—Fifth Edition is Now Available!
The new edition of A Guide to the Project Management Body of Knowledge (PMBOK® Guide)—Fifth Edition is now published and ready for use by project teams and project manager worldwide. I just downloaded...
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Addressing the Communication and Collaboration Challenges of Remote Teams
Communicate, communicate, and communicate! On any project, you must ensure that mechanisms for effective communications are firmly in place and well understood. The more geographically distributed your...
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Attending the APMG-Sponsored Webinar on the PRINCE2 Business Case this...
Sure can be difficult to justify your project when you don’t define and agree upon the business reasons why that project is being done in the first place. The PRINCE2 Business Case allows you to do...
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Attending the APMG-Sponsored Webinar about Integrating Agile into PRINCE2 on...
Why be traditional with your PRINCE2 project management methodology when you can integrate agile methods within your approach and enhance your project success? Sure seems like agile methods and...
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What Can A New Project Leader Learn From Pickpockets, Con Artists, and Thieves?
When Ramit Sethi studied persuasion at Stanford University, one of the areas he studied was magic and deception. Magicians are among the most sophisticated amateur psychologists because with each magic...
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Using PRINCE2 to Achieve High-Performing Project Teams
How do experienced project managers create and nurture a high performing project team? In my experience, a high performing project team has a mutual purpose that binds them together and ratchets their...
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Project Outsourcing Does Not Equal Simplicity
How’s that project outsourcing working for you? In my experience, entire projects or just some of the project work can be outsourced for a number of reasons. Sometimes organizations are required to...
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