Your Guide to Project Management Best Practices

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PM Tips & Ideas

Developing a More Realistic Project Schedule

Scheduling can make or break a project. While the success of a project management initiative depends greatly upon both adequate planning and efficient execution, realistic scheduling is sometimes underestimated. Some executives don’t consider the development of a realistic schedule as sound to success as it really is. Meanwhile, adding more accuracy and explicitness to the project schedule lets align the entire work with stakeholder expectations and accounts for true risk exposure.

PM Tips & Ideas

Avoid Inadequate Planning, the Primary Project Management Mistake

Inadequate planning is considered the number one mistake in project management. Many troubles can be prevented and tracked by effective and efficient planning. So this time I’m going to describe what primary mistake some executives make when trying to set up and handle their project initiatives.

Lean Thinking Project Management in Six Sigma & Agile Models

The philosophy of Lean project management teaches us to operate more efficiently by eliminating any defects and waste in products, services, inventory, processing, transportation etc. This philosophy becomes central for...

PM Framework

Lean Thinking Project Management in Six Sigma & Agile Models

The philosophy of Lean project management teaches us to operate more efficiently by eliminating any defects and waste in products, services, inventory, processing, transportation etc. This philosophy becomes central for Agile software development and Six Sigma process improvement. The principles of Lean thinking and Kaizen management are indispensable for successful Six Sigma implementation. When combined with the DMAIC cycle, Lean-Kaizen contributes to easier identification and quicker resolution of project quality issues. In order to succeed at the largest scale, software development teams combine Agile incremental delivery with Lean-thinking project management.

Project KPI Hierarchy

PM Tips & Ideas

Use Project KPI Library to Improve Performance Analysis

As the discipline of project management intensively develops and today serves the key to business success, more and more organizations realize that extended knowledge of this discipline impacts their bottom line and exposes improvement areas in cost accounting and performance analysis. Companies use project performance analysis to discover and fix financial problems early, accurately account for business costs, and explore better ways to improve staff productivity. Project KPIs and metrics are used as the basis for effective business decision making. In order to succeed, each manager needs to use a project KPI library that makes performance analysis easier.