Tag Archives: PMBOK

Getting ready for the PMP Exam: Contract Risk

My students regularly identify four areas with significant question volume on the PMP® exam: schedule diagrams, earned value management, risk calculation, and procurement. This feedback may reflect the preponderance of mathematics in the first three topics.  Project Procurement Management crosses four of the five process groups identified in A Guide to the Project Management Body … Continue reading Getting ready for the PMP Exam: Contract Risk

Good to Great and Project Management Parallels

Good to Great by Jim Collins (Harper Business, 2001) provides a statistical analysis of the characteristics that enable a good company to shift or change toward sustained greatness.  Several of the characteristics might be directly correlated to some of the concepts and tools of project management as promoted by the Project Management Institute.  PMI espouses … Continue reading Good to Great and Project Management Parallels

Networking – Project Management Style

In a recent tweet, I stated “Nothing beats face to face. Go talk WITH someone.” Despite the wealth of social media opportunities including Twitter, LinkedIn, and Facebook we are losing the ability to enhance relationships or expand our networks. Although my list of Twitter followers, LinkedIn contacts, and Facebook friends continues to grow (with thanks to … Continue reading Networking – Project Management Style

Video -PMP Project Management and Tribal Leadership

Previous versions of the Project Management Body of Knowledge® seldom mentioned leadership. At least not the term or related terminology. The PMBOK® 5th Ed. now more appropriately addresses the role of a project manager as a leader, visionary, mentor, coach, networker and manager. Tribal Leadership by Dave Logan, John King, and Halee Fischer-Wright introduces a powerful new … Continue reading Video -PMP Project Management and Tribal Leadership

Decision Trees: A Common PMP Risk Analysis Tool

With the release of the Project Management Body of Knowledge (5th Edition), several knowledge areas are expanding.  PMBOK (4th Edition) expanded the Risk Management Knowledge area by acknowledging the value of both insurable and business related risk.  Business related risk introduces the probability of enhanced value due to opportunistic risk outcomes.  Within the arena of … Continue reading Decision Trees: A Common PMP Risk Analysis Tool

PMP – Beyond Self Actualization: Leading Change – Part 2

In part one of this article, I discussed the traditional theories of human and work motivation as provided by Taylor, Maslow, McGregor, Herzberg, and Ouchi. Project management is about affecting positive change within the parameters of constrained time, cost, and scope. Professional project managers are tasked with meeting customer needs and management desires by guiding … Continue reading PMP – Beyond Self Actualization: Leading Change – Part 2

ITIL, COBIT, PMBOK, BABOK & TOGAF – 5 tools to improve your IT department

Too many needs and too many tools to choose from. Here are the five I would use if I were your IT leader. Back in 1997, my first civilian job when I left the military was to manage a newly formed Project Management Office (PMO) for a mid-sized Research and Development firm. It seemed they … Continue reading ITIL, COBIT, PMBOK, BABOK & TOGAF – 5 tools to improve your IT department