Project Management

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Balancing the Art & Science of Project Management

Project Management is one of the oldest, most established disciplines in world. The onslaught of productization and automation has brought about a huge change in the way organizations approach and implement project management. As organizations start to look beyond the initial ROI gains from automation towards sustained long term benefits, it is crucial for them to strike a balance between the art and science of project management. In this blog we will discuss how organizations can work towards achieving that fine balance.

INFOGRAPHIC: 5 Ways Project Management Software can improve Business Performance

Infographic that talks about how project management software can help improve business performance. Source: Celoxis

INFOGRAPHIC – 7 Features of Effective Project Management Software

How small businesses are looking at project management

Since small businesses work with fewer resources in a more unstructured environment, they rely mainly on speed, agility and efficiency to be effective. A strong project management disciple therefore can make a world of a difference; the difference between growing exponentially and shutting shop. Software Advice recently conducted a research – Project management software buying trends in small businesses 2015. Their objective of the study was to examine the current PM software market, determining trends among small-business buyers. Here are some key insights from the study:

INFOGRAPHIC: Perfect Quotes for Project Management Excellence

This infographic is a collection of some of the best quotes that signify the key aspects of project management.

INFOGRAPHIC: The Many Avatars of Project Managers

The Project Manager role is one of the most challenging roles in an organization. It has so many facets and requires a whole plethora of skills. The future proof project manager will need to adapt to complex business environments and be multi-faceted to achieve success in the role. In this infographic, we look at the many avatars of project managers…Hollywood Style! Enjoy!

6 Reasons Why Projects Fail in Enterprises

According to a Standish group report, enterprises in United States spend more than $250 billion each year on IT development, approximately 175,000 projects. The research further shows that a staggering 31.1% of projects will get cancelled before they ever get completed and 52.7% of approved projects will cost 189% of their original estimates. According to PMI’s Pulse 2014, organizations are losing an average of US$109 million for every US$1 billion spent on projects. These are staggering numbers, ones that scream failure. In post mortem, project failure gets defined in different ways, attributed to different reasons. In my mind, a project fails when it doesn’t fulfill the objectives that were set at the time of commissioning. It could be a budget overrun, a significant delay in delivery, a quality lapse or way too much iteration. One could argue that as long as it is complete and delivered to the stakeholders or customers, it is successful. No, I don’t buy it. There is no such thing as small or large failure. The point is a project is commissioned to achieve a certain business outcome with certain defined parameters and constraints. If they are not met it is a failure. Period! So why do projects fail? In this blog we will look at 5 major factors that contribute to project failure.

Around the world in one night – Santa’s project management secrets

It’s the most wonderful time of the year. Decorated Christmas trees adorn every household decorated with lights and holiday cheer spreading warmth and joy among people all over the world. Kids all over the world spend days in impatience, waiting for Christmas Eve, the day when Santa makes their wishes come true. How does Santa make billions of wishes come true, all in one night?