Project Management Fundas

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PM FUN-DAS (short for Project Management Fundamentals) is published every Wednesday. It demystifies and disseminates concepts around project management in a humorous way.

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Project Schedule Management

Tags: #Project Schedule Management

Transcript

Dev: Swami, our project deadline is just a month away. Hope we are on track? I don't want any last-minute rush... Is that clear?

Swami: slurp!!

Swami: Nothing brings out the best in me like the "last-minute". Do not worry Dev, I will handle it. Things will fall in place.

Dev(Thinking): I hope things will fall in place and not fall apart!

Project Schedule Management
It is critical for a project manager to have the core skills of Project Planning, Tracking, Monitoring, and understanding of the Project Management Knowledge Areas. In a nutshell, a project manager's job is to avoid any surprises while managing projects or project stakeholders.

Project Risk Management

Tags: #Project Risk Management

Transcript

Boss: Dev, Here are the preliminary details of our first ever project from our client, The Government of Slackovia. Winning this big contract was a real coup for us.

Dev: But Boss, given the unstable conditions in Slackovia, don't you think it is risky to take up this project?

Boss: Bah! We have done enough risk analysis of this project. Don't over think. Let's get cracking on this prestigious project.

Two months later

Boss: Dev, how far have we progressed on the Slackovia project?

Dev: Boss, after working on weekends and even holidays, I will probably take just a couple of weeks more for completion.

Boss: Well, hmmm... Dev, I am sorry to let you know that there is piece of sad news. The country is under a coup and the client has asked us to put the project on hold till further notice.

Dev (Thinking): What? A coup! Now that really puts our project in the soup.

Project Risk Management
Risk analysis is a key practice to ensure that the least number of surprises occur while the project is in progress. By applying simple and efficient project risk management processes, one can predict the probability of its occurrence, its impact, and what can one do to minimize the impact or take advantage of the event.

Project Resource Management

Tags: #Project Resource Management

Transcript

Dev: Kudos to the Project Placid team for its success. On that note, I would like each one of you to share the new things you learned during the course of the project.

Team thinking: Nothing new!

Swami: Did you guys learn anything new or is it just me who has this feeling?

Maya: Me too! It was more boring than the previous one.

Project Resource Management
Learning is the key to project management. And not just individual but learning of the group that integrates the project. It is observed that most of the learning happens through experience and the rest through social interactions and traditional training methods. Hence, it is important to provide the team with opportunities to learn new things through the project itself and guide them when necessary. It makes a positive difference and creates value for the stakeholders.

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