People in my workshops often end up confessing that they know they’re “terrible communicators.” They say they know it’s important to listen openly, write clearly, and present well but that they don’t do it well and never have. Continue reading
Overview
The cost of delay on technical projects averages tens of thousands of dollars per day in lost profit. This briefing describes a project management approach called Rapid Iterations Project Management (RIPM), which is optimized for speed and efficiency with the assumption that project requirements will be changing for a period of time. RIPM utilizes elements of Agile, Lean, Kanban and general project management best practices combined – yielding an optimal methodology for rapid development with changing requirements. Continue reading
The cost of delay on technical projects averages tens of thousands of dollars per day in lost profit. Major factors involved in these delay costs are lost revenue, cost of resources and opportunity cost.
This briefing describes a recommended practice for estimating project delay costs and using those estimates for decision making. Cost of delay factors are first explained; followed by examples; then, recommendations for using the estimates to increase profits. Continue reading
Technical projects have complexity, risk and expense that make them more difficult than average projects. With so much at stake, it’s important to manage a portfolio of technical projects exceptionally well. Management of the resources involved must also be top-notch.
This briefing describes best practices for managing a portfolio of technical projects and managing the resource allocation for those projects. Portfolio management is first explained; followed by a process for determining business value; then, best practices for resource allocation across the portfolio. Continue reading
There’s a TV commercial for oil filters where the mechanic warns the customer, “You can pay me now or you can pay me later.” Of course what he means is maintain your car, or wait for an expensive breakdown and an engine overhaul.
Makes total sense, right? Continue reading