Project Managers Have One Key Goal: Project Success By integrating risk management into project management processes, project managers can anticipate and respond to potential challenges, increasing the likelihood of project success. However, project managers can encounter various pitfalls while managing project risk management. The most common, failing...
In 1995, Martin Cobb, then CIO for the Treasury Board of Canada Secretariat, asked a question which has since become known as Cobb’s Paradox. He said: ‘We know why projects fail; we know how to prevent their failure – so why do they still fail?’ How...
WHY IS PROJECT MANAGEMENT IMPORTANT? Project management is important because it ensures projects get delivered on time, on budget, and within the agreed-upon scope. It not only saves time and money, but it also helps produce high-quality deliverables that achieve the intended outcomes for a project. Project...
It was to be a great digital leap for Germany’s biggest discount grocer. Instead, after seven years and €500 million in sunk costs, the project tasked with creating Lidl’s new inventory management system with SAP was killed in July 2018. In planning since 2011, the project...
Summary. There are five reasons that large projects fail. Wrong projects are ones that defy conventional business rationale, creating outputs that either few people want, that add little to no real value, or that undershoot the desired benefits because they are so difficult to achieve. A...
The Agile Manifesto turned 20 this year, and there are two facts that seem self-evident: 1. Agile, as a label, won; nobody wants to be called non-Agile. 2. Agile, as it is practiced, falls woefully short of the revolutionary ideas of its founders. How did we get to this point? Everybody...
Unveiling the Secrets of Modern Project Management: A Journey of Understanding and Innovation Welcome to "Unveiling the Secrets of Modern Project Management: A Journey of Understanding and Innovation"! In this captivating article, we will embark on an enlightening exploration of the dynamic world of project management....
People - Process - Technolgy (In Exactly That Order) As an IT or information security professional, you cannot read a blog, book or paper without crossing paths with these three words; people, process, technology. Popularized in the infosec world at the end of last century by Bruce...
Project management doesn’t come cheap—it takes up to 20% of the overall project budget. Running a project without solid management, or bad project management, however, will do more harm than good. That’s why we’ve put together the most important project management statistics to help you paint a clearer picture...
Here is a simple truth about projects: All projects result in change. Some projects bring about small modifications to the status quo, and others introduce a large-scale transformation. No matter the size or scale of the project, people resist change. Overcoming this resistance to change is a top...