Archive for the ‘Project Management Methodology’ Category

The Portrait of a Project Manager

You study to become a project manager, accrue experience as you lead project after project, update your management skills by attending workshops, exercise leadership each day, and learn from your mentors. But have you wondered what personality traits you need to become an effective project manager or, ideally, a leader? Find out which personality traits [...]

Earned Value Management—An “Overhead” View (PART 2: EVM Drawbacks and Benefits)

Earned value management (EVM) is an efficient methodology for monitoring and predicting project performance only if it is correctly and timely applied. Otherwise, it can become a negative risk for the project, as it ends up consuming managers’ and project teams’ time without producing accurate estimates. EVM Drawbacks or Limitations Putting an EVM system in [...]

Earned Value Management—An “Overhead” View (PART 1: EVM Basics)

Despite being one of those topics that put project management students into the doldrums, earned value management remains the most effective way for monitoring project performance. It is a project management methodology used by the U.S. Department of Defense and by many private companies all over the world. Besides a PMBOK chapter and the U.S. [...]

Is the Project Management Iron Triangle Obsolete?

One of the first things project management students learn is that a project’s cost, time, and scope are interdependent. These three project constraints form the iron triangle. If one constraint changes, the other two change as well. For example, adding extra features to a product costs more and takes more time. Although the iron triangle [...]

CAPM® Exam – How to Pass It and Is it Worth It?

As any internationally recognized certificate from a reputable institution, CAPM® is not just a piece of paper, although if it were, it would be the kind that can get you shortlisted for an assistant project manager position. CAMP®, or Certified Associate in Project Management, is a certification you can obtain from the PMI institute if [...]

PM 1.0 versus PM 2.0. What Is Next – Project Management 3.0?

There are certain individuals nowadays, mostly “project managers”, that decided to add version numbers to the notion of Project Management… And they created PM 1.0 and PM 2.0. More than probably the numbering idea came from the software domain: different tools and different versions for various needs. A Little History Background Since ancient times man [...]

Is There a Project Management Methodology for One-Person Projects?

If you are an employee of a small organization or of a research institution, or just a freelancer, you are likely dealing with one-person projects. You are the team, you are the project manager, so you are responsible for all project documentation, communication, and, of course, project work. Before you start looking for the right [...]

Project Management Software for Traditional vs. Agile Environments

How much does an agile project management software differ from a traditional project management software? On short: pretty much. But on the other side both types of products have many things in common. Many say that agile is not a project management methodology but rather a product development methodology. But in many cases the companies prefer [...]

Scrum – Quick and Easy

Scrum is an agile project movement process. Agile project management, as opposed to traditional project management, is an iterative approach, suitable for projects where there is a high level of uncertainty. The project progresses in iterations, the team works closely with the customer to define the deliverables of each iteration, and the entire project team [...]

Traditional and Agile Project Management in a Nutshell

There is no standard project management approach that works for all projects. The choice of the right approach for managing a project depends on various factors, ranging from the complexity and type of project to the experience in conducting projects of the organization, the customer’s willingness to be involved in the project, and the norm [...]