By Ray Myers, Jr., PMP Frequently, project managers must procure products and/or services to fulfill the requirements of their projects. Project managers usually enter into contracts with sellers to purchase the products and/or services. These purchase contracts are legal relationships that define the terms of the transaction and should always define how payment will...
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Types of Contracts
Ready, Fire, Aim
By Ray Myers, Jr., PMP So what happens when you fire without taking proper aim? Chances are you will shoot yourself in the foot. Unfortunately, this occurs all too frequently in the world of project management. We’ve all done it; sat in some meeting and recognized that someone should do something to resolve the...
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The Project Trilogy
By Ray Myers, Jr., PMP The project trilogy, consisting of scope, schedule and cost is the holy grail of project management. Control these three constraints and you are likely to have a successful project. Also called the project triangle, these three are sometimes joined by a fourth, quality. There is a strong relationship between...
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7 Famous Project Management Quotes
Do not repeat the tactics which have gained you one victory, but let your methods be regulated by the infinite variety of circumstances. -Sun Tzu c. 490 BC, Chinese military strategist The real problem is what to do with problem solvers after the problem is solved. -Gay Talese 1932-, American (Italian-born) journalist It must...
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40 Rules of Project Management
Nothing is impossible for the person who doesn’t have to do it. You can con a sucker into committing to an impossible deadline, but you cannot con him into meeting it. At the heart of every large project is a small project trying to get out. A user will tell you anything you ask...
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Rules of Thumb for Project Managers
By Ray Myers, Jr., PMP A rule of thumb is a principle with broad application that is not intended to be strictly accurate or reliable for every situation -wikipedia. They’re everywhere! There are rules for this and rules for that. It seems that there are rules for nearly every situation in life and business....
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Leadership – Theory X
By: Ray Myers, Jr., PMP The Theory X manager makes certain assumptions: Workers dislike work Workers avoid responsibility Workers receive security from paycheck Workers only respond to coercion, control and direction Autocratic style Hard style Assumes the only motivation to work is money Assumes workers dislike and avoid work Threats and disciplinary action used...
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Ever Wonder Why Project Fail?
By Ray Myers, Jr., PMP Here is a short, non-inclusive list. I’m sure you can add to this list! Poor planning Dependencies are missed Requirements change Things take longer than planned Technology fails to live to expectations Lack of executive sponsor Lack of funding People leave About the Author: Ray Myers, Jr. is a...
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Ten Commandments of Project Management
Thou shalt have a project with a goal Honor thy project objectives Thou shalt commit to the schedule that management hath given thee Remember thy checkpoints Thou shalt delegate tasks to thy manservant or maidservant of staff Thou shalt create a picture or flowchart of thy project schedule Honor thy team members Thou...
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Project Management Success Factors
By Ray Myers, Jr., PMP Here are the most common reasons projects are successful. I’m sure there are more. Can you add to the list? Executive support Client involvement End user involvement Well defined and limited scope Clear objectives Firm basic requirements Standardized procedures Formal methodologies Reliable estimates About the Author: Ray Myers, Jr....
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