Browsing All posts tagged under »PMBOK«

2013 in review

January 1, 2014 by

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The WordPress.com stats helper monkeys prepared a 2013 annual report for this blog. Here’s an excerpt: The Louvre Museum has 8.5 million visitors per year. This blog was viewed about 100,000 times in 2013. If it were an exhibit at the Louvre Museum, it would take about 4 days for that many people to see […]

Estimate at Completion – Using CPI and SPI Method 5th Edition PMBOK

November 26, 2013 by

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The Budget at Completion (BAC) is how much the project is supposed to cost when finished. However, during the project it may become clear that the project will not end up costing what it is supposed to cost. The Estimate at Completion (EAC) replaces the BAC for the amount that the project is now believed […]

Project Exclusions, Assumptions, and Constraints 5th Edition PMBOK

October 23, 2013 by

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Project exclusions, assumptions, and constraints (among other information) are included in a Project Scope Statement.  They’re also explicitly referenced in the Develop Project Charter, Plan Project Plan and Plan Procurement Management processes.  Each of the 47 processes has an implicit reference to exclusions, assumptions and constraints. Here’s a simple example to help you lock in […]

PMBOK 5th Edition

February 28, 2013 by

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Yes, it’s coming this year. 2013. Really soon! But don’t worry we have your back at TAPUniversity. Our blog minions, elves and other noble folk are updating over 300 PMBOK rocking entries for the hefty new PMBOK. Yours truly, David, has seen this rodeo before. Why I remember the very first PMBOK – pdf and […]

Green Project Management – PMI Minnesota – 2011

September 29, 2011 by

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Good morning PMI Minnesota! in an effort to go green and to help your mobile access I’ve translated the Green Project Management presentation into a highlights post!  Here’s a Link to the USGBC’s & LEED as well –  http://www.usgbc.org/DisplayPage.aspx?CMSPageID=1988 Slide 2 — Why “Think Green”?  •All systems (economic, social, etc.) depend on the link to living systems •Our natural resources are […]

How to Find Where New Process is Really Needed

March 31, 2011 by

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It’s great to learn new models. I LOVE models. I like to think about how they can be applied, and I get excited about both the predictive ability of models and the capacity for goodness that exists when a model is well executed. But I’ve learned that the reality is that you will never be […]

Project Health Check : 5 serious project warning signs

March 19, 2011 by

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As experienced change practitioners, I’m sure we’ve all worked on projects that have been difficult.  The unfortunate truth is that some projects gain so much momentum, they become “too big to fail”.  These projects steamroll their way through organizations, and have a tendency to displace anyone that dares to challenge them. Sometimes when working closely […]

Communication – Progressive Elaboration and Progressive Communication

January 28, 2011 by

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The essential concept of progressive elaboration is that organizations, teams, and people do not have to have all the pieces and parts fully known before beginning. Don’t get me wrong, having details is important, but not for everyone. This approach fits very well with the change driven methodologies of Agile and Lean Software Development.  Communication […]

Virtual Teams – Conflict Resolution, Prove and Triumph

January 25, 2011 by

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Prove it Maneuvering the political gauntlet through artful conversation and word-smithing will not resolve conflict.  Nothing will stop conflict the like graceful execution and control of a project that leads to on time, on budget completion. This is the area where the project management fundamentals are a focal point.  Earned value may not be glamorous, […]

Virtual Teams – Conflict Resolution, Evaluate the team’s pulse

January 22, 2011 by

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While environmental IQ through stakeholder’s analysis addresses the outside / in part of the equation, evaluate the team’s pulses addresses the inside / out. When the two are balanced through an equal amount of attention and thought, then the conflict potential is lowered. There are two steps for knowing a teams pulse.

Virtual Teams – Conflict Resolution, Environmental IQ

January 21, 2011 by

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We have IQ, there’s Emotional Intelligence (EI) – I say we add  EQ – environmental intelligence based on applying that Emotional Intelligence to what’s going on with stakeholders. A quick recap, a stakeholder is someone who has a professional interest in the outcome of a project.  That interest may be acknowledged and formalized – corporate […]

Virtual Teams – Conflict Resolution, Risk Assessment

January 20, 2011 by

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Step Two of Resolving Virtual Team Conflict is to treat it as a potential risk.  The advantage of looking at team conflict as a risk is it’s an easier to say “hey let’s treat team conflict as a risk element, something that might happen” rather than “gee, we’re conflicted and at each others throat, upper […]

Virtual Teams Primer and Perfection

January 11, 2011 by

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Virtual teams are geographical dispersed teams (GDT) who are formed for a variety of reasons.  Sometimes the virtual team is formed as a result of mergers and acquisitions (M&A), or a collaboration among organizations may trigger it, perhaps a key employee moves or a company wishes to get some “boots on the ground” in a […]

The matter of estimates: analogous, bottom up, parametric and three point-PERT

January 10, 2011 by

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Schedule (Activity Duration or Activity Resource) and Cost estimating are two lynch pins for business analysis and project management. The most common estimate techniques are: analogous, bottom-up, parametric and three-point – PERT. For those pursuing a CBAP® or PMP® how to use them and whether those are mutually exclusive can become a bit confusing.  The […]

2010 in review

January 2, 2011 by

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The stats helper monkeys at WordPress.com mulled over how this blog did in 2010, and here’s a high level summary of its overall blog health: The Blog-Health-o-Meter™ reads Wow. Crunchy numbers A helper monkey made this abstract painting, inspired by your stats. About 3 million people visit the Taj Mahal every year. This blog was […]

Secondary Risk versus Residual Risk

December 28, 2010 by

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Synonymous term or a different term, that’s a common question we receive in our course delivery for secondary versus residual risks. Those two terms do sound quite a bit a like.  Are they? They’re similar concepts but are different! Secondary risk occurs once a risk event triggers and the appropriate management response strategy deployed.  The […]

Risk Priority Number (RPN)

September 30, 2010 by

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Risk management weaves through multiple disciplines.  Addressing potential future events, both good and bad, is the focus of risk management.  There are two primary factors: 1) the probability of that event occurring and 2) the impact of that event occurring.  Take those two together (multiply) and a Risk Priority Number can be calculated. For example […]

RFP’s – Vendor Selection – Scoring

August 8, 2010 by

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In a Request For Proposal selection process or project a flexibility, well defined rubric  is critical.  That rubric is  more commonly known as score sheets, scales and weights.  The best practice is to define that rubric prior to issuing the RFP – the selection committee needs to know 1) what they are selected and 2) […]

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