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Showing posts with the label Project Management Methodologies

5 Things a PMO Should be Doing Now

Project Management Offices (PMO) are defined by their ability to deliver value to their organizations or clients. As PMO organizations mature it becomes harder for them to demonstrate their business value to the organization. Below, we have identified 5 things that PMOs should be focused on to get themselves to the 'next level' of maturity and business value. 1. Make sure you can deliver clear, measurable objectives beyond ROI We have observed that many project proposals are submitted to the PMO organization -- complete with management approval and funding -- but without any clear measurable business objectives. By insisting that such measurable objectives be a required part of the business proposal, the PMO not only adds value to the organization, but can also save the PMO trouble down the road, when the lack of specificity in results becomes a sore point. 2. Speak the Language of the Business Make sure that the justification for a project is consistent with the business strat...

Dealing with Troubled Projects

Every organization will have to deal with projects that are under-performing, over budget, behind schedule -- in a word troubled ! We identify 2 very specific things that organizations need to do in response. The first is immediate and the later is a more systematic response to prevent projects in the future from becoming troubled. 1. Deal with Troubled Projects Head On When a project gets in trouble, too often, the first tendency is to extend the deadline and spend more money on it in hopes of getting it finished. This is a bad idea, especially if the situation occurs late in the project's life cycle. Ideally, early on, the PMO leader should develop a basic list of conditions that will trigger an investigation into whether a project is in trouble. Usually, a "consensus" on trouble inevitably will emerge, but it often occurs too late in the process. The primary means of addressing troubled projects are: Re-scope : Assess if there is value that can be derived from the p...

Work Breakdown Structure (WBS) - Foundation of Project Success

Developing Effective Work Breakdown Structures The Work Breakdown Structure (WBS) is an often misunderstood and underappreciated tool of project management.  I would argue that it is a critical piece of the foundation of any project management methodology.  Many misconceptions exist about what a WBS is, how it is used and why it is such an important part of the project management process. A WBS is a deliverable-oriented , hierarchical grouping of the work to be executed by the project team to accomplish the project objectives and create the required deliverables.  It organizes and defines the total scope of the project . Each descending level represents an increasingly detailed definition of the project work (ie decomposition). No reference to WHO is doing the work No reference to WHEN the work is being done No reference to HOW the work is being done Rules for WBS attributes: Use NOUNS and ADJECTIVES to describe the work No dependencies, durations, resource assignment...

Project Management Methodologies Roadmap

Did you know…How to use the Project Management Methodologies Roadmap That the “Roadmap” included within MPMM project management methodology is the best place to find your way around? The roadmap is included within the educational, standard and professional editions of MPMM. Other than providing you with a generic roadmap for undertaking projects, it is actually a complete Project Management Methodologies. It lists each of the core project management steps you need to take to complete projects, as we as the project management methodologies that you complete to monitor and control your projects effectively. In addition to providing you with a graphical representation of the MPMM project management methodologies , the Roadmap allows you to navigate to the entire content set included within MPMM. You can click on each of the activities listed, to learn how to complete that online project management activity faster and more efficiently than before. When you read about each activity, you c...

Project Management Methodologies and its Flexibility

Flexibility of Online Project Management Methodologies Q: The “recent pages” feature under the File menu bar is great, but what if I want to change the number of recent pages that are displayed. Is project management methodologies software flexible enough to do this? A: Yes of course. You can click on the Tools / Options feature and then select the slider bar alongside “Recently visited page list”. This will allow you to increase and decrease the number of pages that are viewed when you select the “recent pages” menu option under the File menu. Or try these Project Management Templates. The MPMM Support Team

The Freedom of Agile Methodology

The freedom that the agile methodology gives your project team is advantageous in the software industry. It takes the iterative and incremental path when approaching the way you handle your business venture in the software industry. Best of all this methodology is flexible so it can be instantly adjusted to meet the ever changes demand of the industry and the target audience. The agile methodology values working software over a comprehensive set of documents like most business ventures require. This is one of the reasons this approach to developing a deliverable is so flexible. There is no real set path to follow other than the end goal. Individuals in the project team are basically set loose to accomplish their tasks in the manner in which they see best. The approach to a project with Agile Methodology also takes into account that the customer or target audience might have their needs or requirement changing. Since the structure of this methodology is flexible, their needs and want...

Digital Management Methodologies

The development of digital management methodologies has made the use and manipulation of this business tool easier. It has also made their incorporation into your organization a more profitable venture. By using the digital management methodologies to their fullest, you can judge just which ones will bring the most benefit to your organization. Because each company is different, so must the approach to creating, planning, and executing a project for the purpose of developing a revenue stream. The thought of creating your own methodology from the available management methodologies might seem like a daunting task, but you can find help with the project management tools that are now at your disposal. They make it easy to import the methodologies that can be directly applied to your organization. This can be in parts or as a whole. It is all determined by your needs and resources available to you. This makes it easier to exploit the areas your organization is strongest at, while minimiz...

Combining Project Management Methodologies

The combining of many different project management methodologies to fit your particular needs is now more than just a dream, it is a reality. While there are no two methodologies that are the same, many of them do have components that can be combined to generate a new type or style of methodology so the emphasis can be portions that have not previously been exploited to their fullest. Today, you can use a new type of program that can incorporate many different types of project management methodologies into one that is custom made for your organization’s needs. This software makes it easy to build a new type and style of methodology to emphasize the strong areas of your business. This is the best way to exploit what you are best at so you can get an edge on the competition in your business sector. This can be a totally new approach in using a methodology, or just a variation of several existing ones. The choice is yours to make it so your needs are met. On the flip side, your goal of ...

Management Methodologies are Instructions to Avoid Problems

By using one of the many management methodologies in your next business venture, you can have a clear path laid out for you and your project team to follow. Buy having this type of pathway already in place and documented for your particular project, there will be fewer delays as your project progresses to a successful conclusion. Today there are many different types of management methodologies in use. Many of the business sectors have specific methodologies that can only work with their types of business. The agile methodology is a great example of this. This particular methodology was specifically designed for use in the software industry. It addressed the needs of this industry by giving the project team members the tools and freedom so they can achieve the goals of the tasks they were assigned to do in the most effeicent manner. This was necessary since they were a different type of project team member that had never been in the production sector before. Instead of being in the re...

Using Project Management Methodologies

By using any number of project management methodologies , you can increase the success rate of your next business venture. This is made possible by what a methodology brings to a company, its ability to help organize a project. With the vastness of project management methodologies that a company can choose from, there is one that will fit the business profile and your business along with its facilities and budget. There is the waterfall, lean, prototype, agile and lifecycle to name a few. Each one has a specific approach to running a project and they all have been used successfully in industry. If after looking at all the different project management methodologies available today and you still have not found one that will make a perfect fit, there is a new option available today. This is with the project management methodologies program. This program always you to import the portions or sections of multiple different methodologies into it so a new custom made methodology can be creat...

Methodologies are like a set of instructions

Methodologies in the business world are used so there is a designated path for their projects to follow. These paths are set up in an orderly fashion so the outcome can be predicted. When it comes to the business world, known what to predict allows for a business to plan it future on along with the tasks that need to be accomplished. By picking one of the many available methodologies that are in use today in the business world, an organization will have a predicted path for their projects. This not only helps the business planning for the future but also so project will run more efficiently. The efficiency comes from the project manager knowing what the next step in the project that needs to be accomplished. It also lays out the tasks for each component so the project team can keep working because they know their next assignment. This is a great deal better from a time management point of view that having the workforce to stop and ask for directions each time a task is completed. Two ...

Using Management Methodologies to your Advantage

It is now possible to use multiple management methodologies to your advantage. This is with a new kind of software that helps anyone to become a methodology creator. The program that is used with management methodologies takes a new approach to helping the project manager in constructing a project plan. This allows for the project manager to import as many methodologies into a program and take the best of them all at the same time. This way if there is a section that can make the most of your facility while another is more adaptable to your workforce, you can include both of them in your new methodology. The concept of using multiple management methodologies for a project has been a pipe dream for many years. Today’s project manager can make it a reality. With this new software you can create a new one or just modify existing ones to fit your needs. This allows you to properly define a project process that makes the most of your resources. This need to be able to incorporate the bes...

Methodologies Expanding

The number of methodologies used in the business world is expanding every day. Most of them are not ground breaking approaches that will change the industrial world but more personalized to fit the needs of a particular business. Since the introduction of the computer into the daily business routine in nearly every business, the modifying of methodologies to fit the particular needs of a company has significantly become easier. With the new software that was developed solely for the purpose of developing a new methodology for a business, the perfect fit can now be created. This new programming for the creation of new methodologies allows for the creating of one from scratch. You can also import numerous methodologies and modify them into one cohesive methodology to fit your particular needs. This also allows you to save and share what you have created with others in or out of your organization. The formal documentation of methodologies is done digitally so their creations can be don...

Taking Project Management Methodologies and Applying them for your Needs

Today there are many project management methodologies available in the business world that has components that could be applicable to many businesses in the global market place. Just like each region of the world is different and requires a different approach in marketing products to, so are there difference in the availability of resources and equipment of the business there. Because of the many project management methodologies , a good number of businesses can find the right one that fits their needs, resources and facilities. Unfortunately this is not always the case. For those organizations, the need to tweak the existing methodologies is required to take advantage of them to their fullest potential. This is why there is now a program available to take several project management methodologies and organize them into one that will fit the specific needs of a unique business. This program allows for the importation of as many different methodologies as you feel necessary. You can th...

Modern Management Methodologies

The deployment of modern management methodologies is a growing trend in the business world at this time. This is being helped by the advancements in the software that has been introduced to the industry to help modify and create new methodologies to for the particular needs of the companies in business today. Since there are no two companies exactly alike, thus the reason so many different management methodologies are being used and created. Each business has its own needs and focus of its core business and this is the best way to address these differences. By using the latest programming, you can import many different management methodologies and extract the portions that fit your particular needs at this time. This will be the creation of a new methodology, but they were all created at some point in time and do not have an exclusive right that than existing one has to be used for it to be effective. If you are unsure of just with methodology fits your business profile best, then i...

Project Management Methodologies for your Applications

There are many different project management met hodologies in the business world. While one that fits your needs and resources might not be a perfect fit, you can get rather close. When this is not an acceptable business move, then your business needs to move to the next level and develop your own project methodology. With the right software it is now possible to take many project management methodologies and formulate them into one that fits your particular needs. This will allow you to maximize your resources and lower your overall costs of running a project. This software is now available for those that need this type of application. By taking the parts of the many project management methodologies you know are close and placing them into a working model, you can custom make your own methodology. There is no one better than you who know what you need with your equipment and resources. My creating your own methodology from the many that are in use today in the business world, you ca...

Business Management Methodologies

In the business world, management methodologies are the approach used to navigate and control the production and outcome of producing a deliverable. While there are generic methodologies that can be followed, most businesses can make better use of a methodology that is made specific for their needs and resources. For the creation of a custom made methodology, the deployment of a project management methodologies program is needed. This type of software program can help guide a project manager thru the process of creating a new methodology. This can be done by scratch, but in most cases the importation of existing methodologies is the first step. The reason for modifying existing management methodologies is so a new project process can be clearly defined with what is available at your facility. This documentation is a necessary process so it can not only be followed at the present time, but kept as a permanent record for future reference. The software designed for the modifying of man...

The Project Management Methodologies

The use of multiple project management methodologies is now possible with the available software that permits the importation of several different methodologies. This strategy permits the user to modify existing methodologies for any particular need that they have decided to address. This is, in essence, the creation of new project management methodologies that can then be managed and shared with other users within your business. This allows for a unique methodology to be created when a new project process has been introduced and no existing methodology makes the most use of it as it was intended to by its design. The modification of project management methodologies can be as simple as adding new templates for processes that have been altered in the past. This is just one example where this type of software programs can be utilized by a user to fit the needs of a business. The reason a business may want to consider several different project management methodologies in combination is b...

Management Methodologies

The modifying and developing of new management methodologies to fit the needs of industry is an ongoing process. With the use of a computer, this has become a much easier process than before. This has made it very easy to create, customize and import existing methodologies along with managing several of them at once. You can use management methodologies to define new process you have developed or group any set of existing process into a new methodology. There are project management methodology programs that can assist in the documentation of your new methodology so it can be used and shared by those you have approved. You can even customize a methodology for a particular size project with this type of program. The most often use of this type of software program is to use several different management methodologies and modify them to you specific needs. This way you’re working environment and available resources can be made the most of in running your project. Most programs that allow ...

Choosing Project Management Methodologies

All businesses have many choices from the project management methodologies there is to follow. In some cases, the industry that the business specializes in is the deciding factor while for others it might be the business model that is the deciding ingredient. No matter what is the decision maker in a company, once a methodology is adopted, it has to be maintained. The different project management methodologies out there are waterfall, cyclic, agile, scrum and lean to name the most popular. In most cases, there is a particular set of software programs that fall into each of these categories to help assist a company follow their decision. When deciding on one of the project management methodologies to use, history and your competition may help. In the manufacturing sector, it would not make economical sense to pick any other methodology other than the lean methodology. The reason is clear that since most other profitable manufacturers use it, you need to also. This will allow your pro...