Project portfolio management (PPM) is the management of many projects, which is called a portfolio. This includes the processes, methods and technologies used by the project managers and or project management offices leading these individual projects. PPM analyzes the portfolio to have the portfolio be as productive as possible, while remaining on schedule and within budget. Many different perspectives are […]
Defining roles and responsibilities is important in most projects, but in complex projects it should be mandatory. It reduces validation and time wasting, without clear and defined communication channels then it becomes confusing and disjointed. There is a difference between strategic communication, project management communication, and change management. When this confusion is brought into large, complex projects, it can create […]
A PERT can assist in taking control of deadlines and project tasks, PERT is an acronym that stands for Program Evaluation and Review Technique. It’s a statistical tool that can be very useful when working on a project, as it analyses and represents the project’s tasks. A PERT chart is a tool that can help project managers schedule, organize and coordinate tasks in their […]
Capacity planning is an issue of supply and demand, which has the ability to derail a project. It is a process that balances the available hours of teams against what the project needs. Capacity in this case is the most work that can be done over a certain timeframe. It’s a bit of a juggling act that has to keep several […]
Once stakeholders have approved the project plan, the execution phase begins. At this point, project monitoring, tracking and reporting become the core responsibilities of project manager. But everyone on the team must also be aware of monitoring and tracking, so if issues arise, they are addressed. Project reporting documents show how things are progressing. Effective project reporting requires clear, simple and concise […]
Capacity planning is a process that balances the available hours of teams against what the project needs. Capacity in this case is the most work that can be done over a certain time frame. It can be a delicate balancing act as there could be several items needing attention at once, such as the availability of the team, the money […]