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Risk Driver Method in Monte Carlo Simulation of a Project Schedule

Applying first principles requires that the risk to the project schedule is clearly and directly driven by identified and quantified risks. In the Risk Driver Method the risks from the Risk Register drive the simulation. The Risk Driver Method differs from older, more traditional 3-point estimate approaches: Often the activity durations and costs are given […]

The Project Plan – where to Start?

At the beginning is the obvious and flippant answer. But seriously how do you go about producing a project plan from scratch? Years ago I had a question from a participant on one of my training courses. When does a project become a project and need a project plan? There can be some undertakings that […]

Project Lifecycle Status Part 1

Years ago I had a request from a customer to get Project Server to show where in a project lifecycle a project currently was. A simple solution was to create a project custom field using a look up table that held the lifecycle values observed by the customer. We then configured a Project Centre view […]

Turning Vision into Value

Turning vision into value takes equal parts of leadership and management. Understanding when and how to balance these skills is the challenge. You, the leader, set the vision and define the corporate culture that will make it happen. If you fail to imbue your vision with the qualities that build trust within your company and […]

Making the Jump

This month I’m talking to Project Coordinators and their line managers. Are you able to make the jump? There is a clear gap between the role of Project Coordinator and Project Manager; responsibility. If the project fails, we look to the Project Manager; they are responsible. The Coordinator may have used all the tools; built […]

PMI Synergy 2014

We had a great time at PMI Synergy yesterday (13th November 2014) at Central Hall, Westminster (London) and representing us from the company was PPM Client Services & Implementation Lead (Director), Baz Khinda and our Marketing Executive, Hannah Francis. It was the first time we had exhibited at PMI Synergy, currently in it’s fourth year, with the […]

What am I Worth?

What are you worth? Download ‘What Are You Worth Today’ Presentation It’s an important question. Yes we can all cite many honourable reasons for being a project professional but you do need to get paid, and hopefully receive a fair return for your hard work. Wellingtone has been analysing salaries for project professionals for many years. […]

Managing 3rd Party Providers

In my last blog article I focused upon the procurement process, something that is sometimes neglected in projects and then when it becomes apparent it has a dramatic impact on the timeline of the project. To an extent I provided a clue to this in my last article. In effect working back from when something […]

8 Ways Highly Successful Project Managers Add Value

Have you noticed that some project managers seem to operate at a different level entirely? They seem to make a success of even the most impossible projects and always end up with a happy customer. But how do they do that? 1. They focus on customer needs The single biggest factor for a project’s success […]

The Real Reason Major Projects get into Trouble & What to do

Why do so many major projects get into trouble—running late and over-budget and not delivering in line with original expectations? Elaborate reasons are often put forward, but the answer is often quite simply that the people involved don’t work together properly. That may seem a wild accusation, but consider this: A range of recognisable factors […]

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