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Saturday, June 27, 2009

Project Management Podcast: part 2

This time I decided to use a different technique to keep in touch with the latest postings on the project management podcast and also selectively listening to the early postings that has interesting topics.

So for next couple of days I am going to listen to:

Episode 121 PREMIUM: Project Management 2.0 and Social Media
Monday, June 22, 2009 8:21 PM

PM Podcast 2005/10/15 - I Got A New Project
Sunday, October 16, 2005 12:36 AM
PM Podcast 2005/10/22 - P? M? O?
Saturday, October 22, 2005 6:27 AM
PM Podcast 2005/10/29 - PM Techniques
Saturday, October 29, 2005 8:35 PM
PM Podcast 2005/11/12 - PM Methodologies
Saturday, November 12, 2005 9:17 PM

Looking forward to comment on these!

Project Management 2.0

Found nice article about PM v2.0... visit http://projectized.blogspot.com/

This is kind fancy concept that comes along and goes away...

but Wiki concept was introduced by agile teams long before...

Episode 121 PREMIUM: Project Management 2.0 and Social

Friday, June 26, 2009

Know your value

A well-known speaker started off his seminar by holding up a Rupee 500 note.

In the room of 200, he asked, "Who would like this Rupee 500 note?"

Hands started going up. He said, "I am going to give this note to one of you but first let me do this." He proceeded to crumple the note up.

He then asked, "Who still wants it?"

Still the hands were up in the air.

"Well," he replied, "What if I do this?" And he dropped it on the ground and started to grind it into the floor with his shoe. He picked it up, now all crumpled and dirty. "Now who still wants it?" Still the hands went into the air.

"My friends, you have all learned a very valuable lesson. No matter what I did to the money, you still wanted it because it did not decrease in value. It was still worth Rupee 500/-.

Many times in our lives, we are dropped, crumpled, and ground into the dirt
by the decisions we make and the circumstances that come our way. We feel as
though we are worthless.
But no matter what has happened or what will happen, you will never lose
your value.

You are special. Don't ever forget it! Never let yesterday's disappointments overshadow tomorrow's dreams.

VALUE HAS A VALUE ONLY IF ITS VALUE IS VALUED

I am supposed to write a comment on the PMPodcast. Yet, I think its worth putting this on my blog for my remembrance and for others benefit.

Wednesday, June 24, 2009

Project Management Podcast: part 1

CHAOS
"The Roman bridges of antiquity were very inefficient structures. By modern standards, they used too much stone, and as a result, far too much labor to build. Over the years we have learned to build bridges more efficiently, using fewer materials and less labor to perform the same task."
Tom Clancy (The Sum of All Fears)

I must thank Cornelius Fichtner, PMP for commenting on my blog.

So the whole day I used my mobile player to listen to the below listed podcast.

Firstly, I must say that Introduction Episode is just an overview on how the podcast will be. As a practice I usually read the instructions before I answer any questions in the exam. So I have no hesitation doing so in anything else. Episodes are OK, audible and the content is appreciable.

I would like to directly jump to the Episode 3 and I will give you some insight on the other two items in the latter part of the post.

Project Failure!!!
-----------------
Yes, most of the time even we feel that the statistics of project failures are take without proper survey, cos almost all of the project we do succeed except few customer hiccups. But statistics says that 70% of IT project in the world fails.

May be project however we handle not meant to fail or its plain luck.

THE STANDISH GROUP REPORT CHAOS

http://net.educause.edu/ir/library/pdf/NCP08083B.pdf

Project Success Factors % of Responses
1. User Involvement 15.9%
2. Executive Management Support 13.9%
3. Clear Statement of Requirements 13.0%
4. Proper Planning 9.6%
5. Realistic Expectations 8.2%
6. Smaller Project Milestones 7.7%
7. Competent Staff 7.2%
8. Ownership 5.3%
9. Clear Vision & Objectives 2.9%
10. Hard-Working, Focused Staff 2.4%
Other 13.9%

Project Challenged Factors % of Responses
1. Lack of User Input 12.8%
2. Incomplete Requirements & Specifications 12.3%
3. Changing Requirements & Specifications 11.8%
4. Lack of Executive Support 7.5%
5. Technology Incompetence 7.0%
6. Lack of Resources 6.4%
7. Unrealistic Expectations 5.9%
8. Unclear Objectives 5.3%
9. Unrealistic Time Frames 4.3%
10. New Technology 3.7%
Other 23.0%

Project Impaired Factors % of Responses
1. Incomplete Requirements 13.1%
2. Lack of User Involvement 12.4%
3. Lack of Resources 10.6%
4. Unrealistic Expectations 9.9%
5. Lack of Executive Support 9.3%
6. Changing Requirements & Specifications 8.7%
7. Lack of Planning 8.1%
8. Didn't Need It Any Longer 7.5%
9. Lack of IT Management 6.2%
10. Technology Illiteracy 4.3%
Other 9.9%

Don't forget to follow the case studies on the same document.

And I would not hesitate to copy the blow conclusion in the chaos report.

There is one final aspect to be considered in any degree of project failure. All success is rooted in either luck or failure. If you begin with luck, you learn nothing but arrogance. However, if you begin with failure and learn to evaluate it, you also learn to succeed. Failure begets knowledge. Out of knowledge you gain wisdom, and it is with wisdom that you can become truly successful.
PMI Leadership Seminar:

At the moment it's a real time feeling I attained by listening to the two clips Although its still a dream for us.
Thank you Cornelius

Well guys looking forward to download all the other clips. And advise you to do so.
Please make your comments on the clips.

Tuesday, June 23, 2009

Project Management Podcast: part 1

I started listening to project management podcast to strive for my first 15 PDU's.

below are my first four item which is obviously the first four items in the list.

Episode 004: PMI 2005 Leadership Meeting Part 2
Episode 003: Project Failure
Episode 002: PMI 2005 Leadership Meeting Part 1
Episode 001: Introduction

I wish to comment on my experience on these items in my next post.

These items are published in 2005.
Get 15 Free PDUs!

Information system project management

What is project management?

Definitions of Project management on the Web:

* Project Management is the discipline of planning, organizing, and managing resources to bring about the successful completion of specific project ...
en.wikipedia.org/wiki/Project_management

* The delivery and management of projects - it is usually performed by Program Management specialists.
www.qgcio.qld.gov.au/qgcio/resources/glossary/Pages/glossaryp.aspx

* application of the knowledge, skills, tools and techniques during the project activities in order to meet or surpass the needs and expectations of ...
www.unizg.hr/tempusprojects/glossary.htm

* The methods and disciplines used to define goals, plan and monitor tasks and resources, identify and resolve issues, and control costs and budgets for a specific project.
www.bridgefieldgroup.com/bridgefieldgroup/glos7.htm

* PM is a business process of the project-oriented company. The PM process starts with the project assignment and ends with the project approval. It consists of the sub-processes project start, project co-ordination, project controlling, project discontinuity management and project close-down.
www.sovnet.ru/pages/Glossary.doc

* Project management is the process by which projects are defined, planned, monitored, controlled and delivered such that the agreed benefits are realised. Projects are unique, transient endeavours undertaken to achieve a desired outcome. ...
www.apm.org.uk/Definitions.asp

* is a critical skill required for execution. It is an essential organizing and managerial discipline in getting things done. ...
www.marketright.co.nz/Site/definitions.aspx

* The techniques & tools used to describe, control & deliver a series of activities with given deliverables, timeframes & budgets.
www.etpconsulting.co.uk/Business%20Continuity/business-continuity-glossary.htm

* Planning, monitoring and control of all aspects of a project and the motivation of all those involved in it to achieve the project objectives on time and to the specified cost, quality and performance (Alternative definition – The controlled implementation of defined change).
www.brunswickis.co.uk/project-management-glossary.asp

* A management philosophy that says that efficient management will yield effective results. Specifically, efficient management of resources and constraints to perform tasks in order to achieve a desired result.
krypton.mnsu.edu/~tony/courses/609/PERT/defs.html

* Support of initiatives through the provision of project management.
www.icreb.com/compprof.html

* The leadership role which plans, budgets, co-ordinates, monitors and controls the operational contributions of property professionals, and others, in a project involving the development of land in accordance with a client's objectives in terms of quality, cost and time.
www.mahadeonirman.com/glossary.asp

* Project Management is a formalised and structured method of managing change in a rigorous manner. It focuses on achieving specifically defined outputs that are to be achieved by a certain time, to a defined quality and with a given level of resources so that planned outcomes are achieved.
www.wrasmussen.gov.ck/index.php

* is there the right balance of activities?
www.dcs.bbk.ac.uk/~DELL/teaching/isc_0708s/dell_isc13a.ppt

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