The benefits of managing your project sponsor
There is a direct link between the organisation’s decision to make an investment in a selected project and the need for the organisation to adapt so it can make effective use of the deliverables. Dr Lynda Bourne says the key is for project managers and teams to learn to ‘advise upwards’ and manage their sponsors.
Value management and value engineering for any project
There is generally confusion between the terms ‘value management’ and ‘value engineering’; Paul Sancandi attempts to clarify the distinction between the two concepts and offers advice on how to apply both to your project.
The 3 most important numbers in project management
There are three numbers that should be indelibly burned on every sponsor, steering committee member, investment committee member and project manager’s mind when approaching projects. These three numbers are 15%, 35% and 5%—Jed Simms explains why.