Top Ten Behavioral Biases in Project Management: An Overview Abstract Behavioral science has witnessed an explosion in the number of biases identified by behavioral scientists, to more than 200 at present. This article identifies the 10 most important behavioral biases for project management. First, we argue it...
The Five Things You Should Know about [hashtag#Programme and hashtag#Project] Cost Overrun by Prof. Bent Flyvbjerg, Atif Ansar, Alexander Budzier, Søren Buhl, Chantal Cantarelli, Massimo Garbuio, Carsten Glenting, Mette Skamris Holm, Dan Lovallo, Daniel Lunn, Eric Molin, Arne Rønnest, Allison Stewart and Bert van Wee. Make...
This month's article is written by Denis Makarov, who is the IT Solutions Program Manager at Sanbra Group Ltd. Denis has 18 years of experience in IT, over a decade working in Project Management within Supply Chain, Logistics and Automotive and recently graduated with an MBA...
Introduction Post-pandemic, remote work became a trend and managing a virtual project became normal. A virtual team can be a considerable advantage to both the employer and the employees. Alongside globalisation, vast technological advancements, and the huge revolution after the appearance of AI, virtual projects have become a standard...
Critical Success Factors Projects are hectic by nature. In the sea of tasks, priorities, and deliverables, it can be easy to lose focus and forget what your critical success factors are for your project goals. What Are the Most Important Critical Success Factors in Project Management? According to the Project...
Even with strategic alignment among IT and business leaders, technical and transformational initiatives still fall flat at an unacceptable rate. Here’s how IT can learn from its mistakes. IT organizations have worked hard to get away from the problems that plagued past project delivery processes. They’ve replaced...
PM360 Consulting have reserached case studies on the best practices of successful projects as against the poor practices of failed projects. Traditional project management success factors were based on the iron triangle of time, cost and quality and this develop out of the delivery of...
Behavioral biases are a significant concern in project management, often leading to cost overruns, schedule delays, and failed projects. In their comprehensive study, Bent Flyvbjerg and his colleagues identify and analyze the top ten behavioral biases that can adversely impact project outcomes. This article delves...
The purpose of this research is to investigate the effectiveness of organizational project management in delivering project value and from a project manager’s perspective is the framework delivering project success. The world of project management has changed over the last twenty years to meet the changing demands required...
Why there are so Many Project Management Methodologies Just because some methodology worked on one project doesn’t mean it will work on another. So we customize a methodology, slap a new name on it and begin selling it as a new silver bullet to all our...