The 5 Ws of Project Management
Just like journalism, successful project management answers five Ws: Who, what, when, why, and with what money. (As you can see, we have changed out “Where” for the much more important business question: budget.)...
Do You Really Need a Project Charter?
A project charter is a project definition document that answers the question “How is the project going to get done?” A good project charter functions as a project management execution plan template. Every project...
How to Define a Project
Project definition is the process of documenting key parameters for a project. A good project definition document answers the following questions: Kinds of Project Definition Documents Different organizations use different names for their definition...
Resource Management: The Keystone of Project Management and Portfolio Management
Organizations are beginning to recognize the comprehensive power that Resource Management has for addressing how to manage projects and project portfolios. What makes Resource Management so powerful is that it lies at the heart...
4 Challenges When Managing the Project Plan and Schedule during Execution
Project execution is where the rubber meets the road. Some organizations even have a dedicated project execution manager for this critical part of the process. For a project manager, the brunt of project execution...
What Is the Critical Path and How Do you Calculate It?
One of the fundamental approaches to project scheduling is the Critical Path Method (CPM). In order to use the CPM, project managers need to understand what the critical path is and how to calculate...
What Are the Most Important Traits of a Successful Project Manager?
When it comes to taking a project from start to finish, it’s hard to overstate the value of stellar project management. It can mean the difference between delivering an on-budget, on-time project and one...
How Project Stakeholders and Organizational Influences Affect Project Management
Anyone who has worked on a project knows that it’s not just the project teams and its managers that affect project execution and success. This post will identify and examine the key external players...