PRINCE2 is an established project management framework that is part of the Best Management Practice (BMP) portfolio of frameworks. The BMP family is formed by a large group of management and delivery frameworks that have been constructed from industry best practices covering wide areas of topics such as portfolio, programme, projects and service management. PRINCE2…
Category: Project Management
Agile Methodologies, here to stay.
Agile methodologies are becoming a trend in project management and software development. In 2007 a survey between 2250 companies showed that 25% of them were using agile methods. Scrum was confirmed to be the most popular agile methodology. A more recent survey on almost 500 companies showed that 40% of them were using Scrum. Demand…
Project Management Statistics
I love reading project management statistics. They are little snipes of information that can be used to start a conversation with your peers and easily engage. Here is a quick list of project management statistics I have put together: KPMG found ‘…and incredible 70% of organizations have suffered at least one project failure in the prior 12 months and…
Project Management Trends for 2015
The project management industry is evolving at a faster rate each year, both in technologies and methodologies. The environment continues to influence how organizations manage projects. Here are some project management trends for 2015 to help you prepare for what’s ahead. Project Management Trends 1.Less Waterfall, more Agile 2015 will bring even more Agile practices…
Develop Project Management SMART Objectives
“There’s a S.M.A.R.T. way to write management’s goals and objectives” by George T. Doran was the first reference of the term in the November 1981 issue of Management Review. It focused on the importance of objectives and the difficulty of setting them. The first use of the SMART objectives criteria was by Peter Drucker in his management by objectives concept. SMART…
Project Life Cycle
One way of illustrating the unique nature of project work is in terms of the project life cycle. Some project managers find it useful to use the project life cycle as the cornerstone for managing projects. The life cycle recognizes that projects have a limited life span and that there are predictable changes in level of…
What is a project? Definition, Elements, Stages
From what I have experienced so far, there is a lot of confusion related to what is a project and what is not a project. So I just feel that I should write down a few ideas to clarify it. So let’s start at the outset and zoom in on the issues. What do these…
PRINCE2 Process Model, Graphics and PDF
The British government has honed their project management methods for years, cumulating with PRINCE2 in 1989. An acronym for Projects In Controlled Environments version 2, PRINCE2 throws sprints out the window, and instead approaches a project as one big sprint and stresses quality of delivery—like a traditional project management version of Six Sigma. The PRINCE2 process…
Project Management: Guide to Agile, Scrum, Kanban and Waterfall
Humanity has a great track record when it comes to serious project management. From the Great Pyramids to the moon landing, our greatest endeavors required people working together on common goals. And that means intricate project management. PMI estimates there will be more than 15 million new project manager positions added to the global job…
Three planning pitfalls (and how to avoid them)
Planning can make the difference between a project that gets done right and on time, and a project that goes down in flames while you wonder what went wrong. The problem is that, because of the way our brains work and the way we communicate now, we’re just not set up for planning success. But…