Outsourcing Project Work – 4 Advantages and Disadvantages

outsourcing

This is the first part of a short guide on outsourcing. If you have landed on this article via a Google/Bing search then I encourage you to take a look at this article first and then come back to this one. Outsourcing Overview The term outsourcing has traditionally been applied to the transferring of business…

7 Easy Ways You Can Rejuvenate Your Project Team

Rejuvenate Your Project Team

Over the course of a long project, a team sometimes drifts off course and loses momentum. The project manager needs to swing into action to realign the project team with the project objectives and step on the pedal. What options are there for the project team? There are both formal and informal solutions. Informal actions:…

Virtual Project Team: Challenges, Solutions, Success

Virtual Project Team

Building a high-performance project team among a mixture of part-time and full-time members is a challenging task. Consider how much more challenging it is to build a team when members cannot engage in face-to-face interactions. Such would be the case for a virtual project team in which the team members are geographically situated so that…

Managing Conflicts Within the Project

managing conflicts

Disagreements and conflicts naturally emerge within a project team during the life of the project. Participants will disagree over priorities, allocation of resources the quality of specific work, solutions to discovered problems, and so forth. Some conflicts support the goals of the group and improve project performance. Effectively managing conflicts within the project is critical…

Do You Encourage Functional Conflict?

functional conflict

The demarcation between functional conflict and dysfunctional conflict is neither clear nor precise. In one team, members may exchange a diatribe of four-letter expletives and eventually resolve their differences. Yet in another project team, such behavior would create irreconcilable divisions and would prohibit the parties from ever working together productively again. The distinguishing criterion is…

Manage Dysfunctional Conflict Easily Using This 5 Step Framework

dysfunctional conflict

Managing dysfunctional conflict is a much more challenging task than encouraging functional conflict. First, dysfunctional conflict is hard to identify. A manager might have two highly talented professionals who hate each others guts, but in the heat of competition they produce meritorious results. Is this a pleasant situation? No. Is it functional? Yes, as long…

What If Costs, Not Time, Is the Issue?

costs

In today’s fast-paced world, there appears to be a greater emphasis on getting things done quickly. Still, organizations are always looking for ways to get things done while reducing costs. This is especially true for fixed-bid projects, where profit margin is derived from the difference between the bid and actual cost of the project. Every…

Using Direct Costs to Build a Project Cost-Duration Graph

Direct Costs

This article will be the first part of a miniseries on building a project cost-duration graph. The graph, as you will see in the next part, will provide you with insights into how you can compare additional cost alternatives (indirect or direct costs) for benefits and make the best decision available to you. You will…

6 Methods to Build The Perfect Project Cost Duration Graph

cost duration graph

This article is the third part in a miniseries on building a project cost duration graph. The first part can be found here and the second part here. If you have already read them please ignore this paragraph. If not I would encourage you to read them first as they will provide you with a…