The failure to identify when to use risk management is one of the issues that is faced by managers. If an issue is not identified early enough in the process, the impacts can snowball downstream and affect other parts of…   Read more»

It has been a repeated theme in Dr. Simon’s lectures that a PM, especially for the medical device industry, may not have all the necessary safeguards and information for a product. This is because project management for the medical device…   Read more»

In the event of sudden emergencies, where a teammate is suddenly absent and their work need to be don’t in a timely manner; the other member would have to member will have to split the work. The point of having…   Read more»

I believe that if the team member decides after the Planning phase to take a vacation, that he/she would require approval from the project manager. In my office we have “Time Away forms” where we select what we are requesting…   Read more»

It’s ideally not possible to have a well experienced team members in a project. So PM must plan wisely such that he could manage everything. For instance an employee can work faster but not so perfectly. Other one take lot…   Read more»

A good manager must be able to gauge those who work under him and assign work to each member that he/she can manage and finish within the allotted time. Furthermore, when creating the schedule, the manager must account for delays…   Read more»

There are many aspects of the project that can affect the cost variable and with that in mind, projects can be designed with the risk of these dynamics considered. Money is one of the main driving factors for any project….   Read more»

  This is very important in the monitoring and controlling phase because that is where the project is controlled and kept on schedule and on budget. Otherwise, many projects can become vastly over-budget and may even end up losing the…   Read more»

Productivity – This metric allows project managers to assess the utilization of resources. It compares the total effort to the budgeted effort, which has a direct impact on the bottom line. Metrics is what allows the project to be tracked…   Read more»

    One point I found interesting however is psm34’s comment. I had not really considered what and how upper management deems quality or not. I don’t work in the business world, yet, but i had assumed everyone would be…   Read more»

The critical path of the project determines the project’s duration and the completion date. If the critical path is realistic, the planned value and earned value calculations will be accurate. The planned value may be the allocation of the total…   Read more»

To figure out if they need to skimp in certain areas and spend less, or if they can spend extra they would calculate cost variance (CV = EV – AC). This would tell them where they currently stand in regards…   Read more»

Once proper communication is established, there is follow-up on the work that needs to be done. For example, if I am taking a vacation for a week, I would let the project manager know and delegate my work to someone…   Read more»

If someone is not at work, everyone knows one pony doesn’t stop the show so you can call their supervisor for information or call their listed backup. Usually, this person is competent in the needed area and has been briefed…   Read more»

Project plans are absolutely living documents that will be updated throughout the course of the project. One way to mitigate the issues you bring up is to have a solid project risk management process. If you can identify these risks…   Read more»

As told above to much planning and re-evaluating leads to poor progress of project so it always important to invest some time early on to think and plan the work and than decide a deadline which is not achievable and…   Read more»

I believe that communication has to be implemented to everyone but the project manager should enforce and create a safe environment for everyone to be comfortable to communicate.If the person that you are trying to getting into contact with does…   Read more»

Communicating with your project stakeholders-your team members, the project sponsor, and anyone else with an interest in the project- is critical during all the project management process. Through ongoing communication, you keep stakeholders apprised of how the project is processing,…   Read more»

We always want to make sure that we keep the quality of our products to be at its highest possibility. We do this by making sure that we only have the best ingredients for our products. I have had several…   Read more»

Showing people what the end product will be, explaining how it will be impactful, and showing them who it will have the impact on is a great motivation tool.A team is going to follow their project manager’s examples. Therefore if…   Read more»