May 2006 Entries
Critical chain project management It takes a genius to explain complex things in an easy and simple manner. 'Critical Chain' book by Goldratt is a true example. The entire concept of critical chain is explained in the form of a story, which is very easy to understand.. With the understanding of constraints, elevation of constraints, feeder buffer, project buffer, resource buffer and critical chain, a whole new world of opportunity opens up while scheduling projects. Developed by Eliyahu M. Goldratt,...
How PMBOK© help in Product Development Projects? Project Management Professional certification addresses the general project management concepts, which can be applied for any kind project, irrespective of the domain. It is just a collection of project management good practices, which the practitioners can choose and apply in their projects, based on their project needs. To understand this, let us try to classify projects based on their exploratory factor. In a standard construction project...
breakpoint # 21 Design power Today while reading the greatness guide by Robin Sharma, in one chapter he was talking about the German excellence in good design and about apple's products. Have you ever come across a successful technical project with a bad design?. Do you recollect the saying 'success or failure of a project is determined at the beginning of the project' and the design happens during the early stages. In technical projects, once you get the architecture and the design right, the ability...
Time value of time The conventional project management teaches us about the time value of money. In a nutshell, it advocates the wisdom of investing money in a project, which will bring in more returns than just investing money in bank (NPV- Net Present Value), and the underlying theme is time value for money. During my client engagements, these days I do not see much shortage of money but can see lot of shortage for TIME!. It is high time, to start doing the cost benefit analysis for every major...
Engineering manager Vs Project Manager Yesterday I got a friend of mine, who worked with me at Novell. Right now he is with another American product company. He was telling me that 'Aby my heart is in project management and I am an engineering manager now'. Oh dear, that is the best thing that can happen to you, especially when you are with knowledge workers, doing product development. To read the full posting visit my web page...