By: Ray Myers, Jr., PMP Traditionally, project managers have managed projects using the triple constraints of scope, time, or cost, where scope refers to what must be done to produce the project deliverables, time refers to the time available to complete the project, and cost refers to budget allocated to... »
By: Ray Myers, Jr., PMP If you fail to plan, you are planning to fail. –Author unknown. Project failure usually results from lack of planning. Stated another way, projects fail before they begin. An old axiom clearly illustrates the problem, “Ready, Fire, Aim.” Unfortunately, that’s the way many organizations do business... »
The same work under the same conditions will be estimated differently by ten different estimators, or by one estimator at ten different times The most valuable and least used word in a project manager’s vocabulary is “NO” You can con a sucker into committing to an unreasonable deadline, but you can’t... »
By: Ray Myers, Jr., PMP Force Field Analysis provides a useful framework to look at the driving and resisting forces of a decision or proposed change. To implement a change, it is helpful to understand these forces. Decisions are framed in terms of forces and factors. Forces that help achieve the... »
By: Ray Myers, Jr., PMP Scope management is a key project management activity because it assures stakeholders that the project will achieve the deliverables as defined in the approved scope statement and statement of work. For this discussion, scope can refer to either: 1) The features and functions that are to... »
Contractor A gambler who never gets to shuffle, cut or deal Tender Opening A poker game in which the losing hand wins Tender A wild guess carried out to two decimal places Successful Bidder A contractor who is wondering what he left out In-House Estimate The cost of construction in heaven Project Manager The conductor in an orchestra in which... »
Known by various names, including The Pareto Principle, The Pareto Law, Pareto’s Law, The 80/20 Rule, The 80:20 Rule, Pareto Theory, The Principle of Least Effort (a term coined by George Zipf in 1949 based on Pareto’s theory), The Principle of Imbalance, The 80-20 Principle, The Rule of the... »
By: Ray Myers, Jr., PMP A successful consulting firm needs people to: Find the work, Grind out the work, and Mind the work. About the Author: Ray Myers, Jr. is a PMP certified project manager with over 20 years experience planning and managing technology projects. Contact Ray at wwwpmservicesnw.com »
