Delivering the wrong project on time and on budget with 100% of its scope completed to the defined quality standards is a complete waste of money. Pat Weaver explains the fundamentals of portfolio management.
Good group decision-making involves an open discussion among members, each with their own skills, experience, ideas and information, leading to an informed decision. So why are project teams often so bad at it? asks Pat Weaver.
Projects are pieces of capital investment and how you allocate capital directly impacts your future operations, competitiveness and profits. Jed Simms outlines the five steps to ensure your projects are prioritised correctly.
In a buying decision only two elements really matter: acquiring the goods or services you need and the price you pay. Dr Lynda Bourne imparts some advice to project team members tasked with procurement to see the real value in a proposition.
When we see both sides of the story it helps us see threats and opportunities—and find solutions—that may be out of the box. Editor Adeline Teoh says playing Devil’s Advocate may be difficult, but it will make you a better project manager.
Thinking at the margin is what happens when people make decisions based on incremental cost-benefit analyses. It’s a factor in agile project management—but there’s a downside, warns editor Adeline Teoh.