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DEFINING AND SEQUENCING PROJECT TASKS - ...on.
A task or activity is an element of work, normally found on the WBS, that has an
expected duration, a cost, and resource requirements.
In order to estimate duration and resources required for a task, the project team must
first clearly define tasks by developing a more detaile...
PERFORMING RISK ASSESSMENT AND MITIGATION - ...es for a project.
There are several ways to identify potential risks. Reviewing historical information,
analyzing the nature of the project or products, and using various information gathering
techniques can help in identifying potential risks.
Qualitative risk analysis invol...
BUDGETING CONCEPTS AND TECHNIQUES - ...g involves developing an approximation of the costs needed to complete a
project. Costs often include salaries, hardware, and software.
There are several types of cost estimates:
- A bottom-up estimate is based on estimating individual work items and summing
them to get a project...
General View of Managing - ...meet its obligations to its various stakeholders. Making money is a result of investing resources in programs that add value to the organization. Over the years many books and articles have been presented to convince managers to focus on some single issue such as excellence, results, profit,...
Management and Managing: Is There a Difference - ... impersonal inclusion of some unidentified body of decision makers has no meaning. Managers are part of management and thus responsible for results through managing. Management also includes a body of knowledge and is a discipline that has theories, although they are not governed by the...
Career Stages - ... have even acquired an understanding of complex theories, but we only have untested knowledge. In most cases we have not used the learning in solving real problems that require interaction with not only other professionals but also many people both within and outside the organization. To ach...
Management: Making the Decision - ... really didn't focus too much on management. Then a few weeks ago you had a discussion with an upper-level manager about the possibility of being appointed manager of your current department.
You discussed the responsibilities and some of the difficulties in making the transition. Th...
Understanding Human Behavior - ...cisions that have current as well as future consequences.
Selecting the appropriate staff takes time. It cannot be done in a perfunctory manner. Business success depends on professional competence coupled with well-developed nontechnical sk...
DEVELOPING A WORKABLE PROJECT SCHEDULE - ...od schedule is a key tool for guiding the completion of work. Many people are
motivated by deadlines, and seeing their names attached to schedules clarifies
accountability and progress. Project managers should work with their teams to create
and maintain workable project schedules.
...
RESOLVING DISAGREEMENTS AMONG TEAM MEMBERS - ...e:
- In confrontation mode, project managers directly face a conflict, using a problem solving
approach that allows affected parties to work through their disagreements.
This approach is normally most effective.
- In compromise mode, you use a give-and-take approach to resol...
DEVELOPING AND MANAGING PROJECT BUDGETS - ...report that documents income and expenses over time.
After reviewing other project documentation, such as scope statements, schedules, cost
estimates, and resource information, the project team must develop a budget for the
project. It is important to understand how the specific organiz...