By Ray Myers, Jr., PMP Sooner or later, you’ll be asked to deliver your project earlier than planned. Or, maybe you’ll have to make up time after a major snow storm prevented work for a week. Either way, you need options to compress the schedule. Schedule compression is the term used to reduce the...
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Schedule Compression
3 Keys to EVM
By Ray Myers, Jr., PMP These 3 terms are the keys to Earned Value Management. Planned Value (PV) Planned Value is also called the project budget It is the total estimated cost that is planned to be spent of the project It is the approved budget by the project sponsor or by contract Actual...
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Six Sigma DMAIC
By Ray Myers, Jr., PMP The Six Sigma methodology is a way to improve work processes by eliminating defects. It is a defined set of practices that can improve efficiency and reduce defects. Six Sigma projects normally follow a five-phase improvement process called DMAIC. The principles can be applied to a wide variety of...
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Characteristics of a Dysfunctional Team
By Ray Myers, Jr., PMP Here are a few characteristics of a dysfunctional team: Poor communication Lack of motivation Lack of mutual respect and/or trust People talk at meetings saying the same thing again and again Status meetings become gripe sessions Dissatisfaction with work Meetings that go on and on About the Author:...
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What is Project Management?
By Ray Myers, Jr., PMP Project management is the application of: Knowledge Skills Tools, and Techniques to perform project activities to meet project requirements. It is accomplished through the application of 42 logically grouped and integrated project management processes from the following 5 process groups and 9 knowledge areas. Process Groups Initiation Planning Execution...
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PDU Categories Are Being Updated
By Ray Myers, Jr., PMP PMI sent me the following email earlier this week. The subject is important enough I wanted to post it here in its entirety. It was sent to all PMI Credential holders so I’m sure PMI won’t mind this repost. * * * * * Dear PMI Credential Holders: PMI...
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Project Managers Can Control 4 Things
By Ray Myers, Jr., PMP A project manager can control 4 things: Resources A project manager can get more dollars, facilities, personnel Time A project manager can increase schedule, delay milestones, etc. Product A project manager can reduce functionality, e.g. modify requirements Risk A project manager can decide which risks are acceptable Don’t...
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WBS – 100% Rule
By Ray Myers, Jr., PMP The project Work Breakdown Structure (WBS) must contain all the work to be accomplished by the project. PMBOK V4 simply states: “The WBS organizes and defines the total scope of the project…” Thus, the 100% Rule states that your WBS must account for ALL of your project’s work. The...
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Characteristics of an Effective Team
By Ray Myers, Jr., PMP Here are a few characteristics of an effective team: Team members have a sense of belonging and purpose Team members cooperate to make decisions Creative problem-solving Conflicts are resolved easily Enthusiasm Commitment Job satisfaction Well-planned and well-controlled meetings About the Author: Ray Myers, Jr. is a PMP certified...
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The Top Twenty List
Twenty items may seem like a lot, but I’ve actually made five short lists: one for project planning, one for applying the nine knowledge areas, one for doing, one for using stages and gates, and one for following through. Four key planning points: Do the right project. Using benefit cost analysis or ROI, and...
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