Project Management Fundas

About PMI Learn about PMI India Leadership & Governance Awards PMI India Chapters PMI Training Centers Media Centre PMI India in News Media Announcements Project Management Fundas Contact Us

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

Search by Tags:

# #Agile Approaches in Project Management #Benefit Realization Management #PMI’s Pulse of the Profession #Project Communication Management #Project Communications Management #Project Human Resource Management #Project Integration Management #Project Management Approaches #Project Resource Management #Project Risk Management #Project Schedule Management #Project Scope Management #Project Stakeholder Management #Project Time Management

Project Risk Management

Tags: #Project Risk Management

Transcript

Mr. Narayan: Dev, are you ready to present the status of our project?

Dev: Yes Mr. Narayan. Right away!

Presentation in progress...

Mr. Narayan: Dev, where are the details on the control measures for risk management? I did not see it so far.

Dev: Err... hmm... Well, that has been addressed in the upcoming slides.

Dev: And with this slide, I conclude my presentation... Mr. Narayan, you look skeptical somehow.

Dev (thinking): Hope he does not realise that the risk management part has not been covered at all.

Mr. Narayan: Dev, I have a feeling that some pieces are missing in this presentation? I guess that slide which I ....

Dev: Mr. Narayan, don't stress. We will cross the bridge when we come to it.

Project Risk Management
A project manager should have the ability to oversee risks that might come up in future. It's impossible to predict every potential risk but with strategic planning and collecting information beforehand, project managers can develop control measures that can help them to deal with the risks more effectively.

Project Resource Management

Tags: #Project Resource Management

Transcript

Dev: Excuse me Boss! I need to talk to you urgently.

Boss (thinking): Danger! High Alert! Be on guard Swami.

Dev: I had shared earlier as well and wanted to gently remind you about the project management software we need to buy urgently.

Boss (thinking): Uh oh, not again!

Dev: That software tool is critical for us. Our project may get delayed by a substantial margin without it.

Boss: Dev, we have spoken on this before. I have budget just enough to sustain you and your team on this project. Either you let go of some of your team resources or stop pestering me for these frivolous, expensive tools.

Dev (thinking): These don't even seem like options that can be considered. Sounded more like a threat than a solution.

Project Resource Management
A resource allocation plan is crucial tool in effective management of scarce resources. The timing of the need of those resources can be and should be determined within the project schedules. A resource plan, which describes the type of resource needed and the timing of that need, is critical to effective resource management.

Must-have skills for a Project Manager in Agile projects

Tags: #Agile Approaches in Project Management

Transcript

Dev: Boss, we are soon going to be initiating 'Flexi-Pro', our new project.

Dev: This project requires a team with Agile skills and experience. Since we don't have in-house resources, we will need to hire new staff.

Boss (thinking): hmmm... Agile skills and experience?!

A fornight later...

Boss: Dev, meet your 'Agile' team for the new project - Flexi Pro. Now get started with it. All the best!

Dev: Oh god! He and his twisted logic! How do I explain to him?

Must-have skills for a Project Manager in Agile projects.
In an agile environment, besides technical skills, project manager needs to have strong emotional intelligence skills, have ability to nurture remote connections, be focussed and aligned, self-organized, problem-solver, good communicator and also collaborator.

MEDIA CENTRE