Lets face it, there are too many projects that fail. In fact, some reports cite that up to 70% or projects fail. A recent government report found that $12 Billion is wasted annually in Australia alone, due to poor project documentation. These problems are only getting worse and will continue to increase unless something changes. Skills Shortage Of Qualified Project Managers The project management is struggling through a global skills shortage, we are seeing the perfect storm forming, where there are too few … [Read more...]
April 19, 2013 Leave a Comment
February 16, 2013 1 Comment
The Cost Of Project Management
Have a project but unsure how to budget for the costs of project management? Or just looking for some information to benchmark project management costs? This article shares some of the costs models in project management, typical expense rates and a model for estimating the return on investment for project management. Businesses Need Project Managers Businesses worldwide constantly value project management as the most important skill organisations need to achieve its objectives. I work with companies of varying … [Read more...]
February 16, 2013 3 Comments
Improving Project Estimation Accuracy
Accurate project estimation is one of the most challenging aspects of a project. Project estimation becomes increasingly difficult as the project's complexity and uncertainty increases. However, project estimates can be accurate. The powerful project estimation techniques that are explained in this article will quickly improve the accuracy of project estimates, even if you have no project estimation experience. Before Estimating Project Costs Before you begin project estimation, there needs to be an understanding … [Read more...]
February 9, 2013 Leave a Comment
Cultural Dimensions Of International Project Management
International project managment is the management of projects internationally or across borders and cultures, international project management requires a specific set of skills to ensure success when managing international projects. This article looks particularly at the importance cultural awareness plays in international projects and how the Hofstede 5-D model can be used in an international project management framework. International project management is becoming increasingly important in todays global business … [Read more...]
January 15, 2013 8 Comments
Project Management Predictions For 2013
Its a new year and the future of project management is looking fantastic. But what does the future hold for project management? Well to begin that discussion, here are my predictions for project management in 2013. Project Management Expands Into New Sectors Project management has traditionally been found in construction where projects where highly constrained by cost and time in order to be profitable. As they say, time is in money in the construction industry and project management was a way to control both the time … [Read more...]
