Management Skills Pyramid
To be successful, there are many skills a manager needs to master. I adapted Kammy Hatnes’ pyramid structure to show the increasingly difficult management skills you must master at each…
Better Estimates
Stakeholders don’t like suprises, especially when it comes to project costs. It’s worth taking the time to carefully estimate the business analysis phase of the project. Here are five…
Strategies for Project Recovery
A new study shows that more than a third of projects are at risk and, not surprising, a key factor for recovering troubled projects is the actions of the…
Pareto’s Principle – The 80-20 Rule
In 1906, Italian economist Vilfredo Pareto created a mathematical formula to describe the unequal distribution of wealth in his country, observing that twenty percent of the people owned eighty percent…
What and When to Use The Project Management Tools?
Here are examples and explanations of four commonly used tools in project planning and project management, namely: Brainstorming, Fishbone Diagrams, Critical Path Analysis Flow Diagrams, and Gantt Charts. Additionally and…
7 Step to Monte Carlo
Applying Monte Carlo methods to risk analysis does not need to be complex, and it should not be feared or avoided. Following these seven simple steps can help ensure robust…