10 tips to ease your PMP preparation



Reading the 750 pages of PMBOK as part of PMP preparation is the biggest hurdle most of the PMP aspirants face. These tips are to reduce the pain of PMP preparation. For our PMP prep online, instructor led course details contact us

Roles and responsibilities of the project manager

Projects are strategic in nature, so are the demands on a project manager. Organizational success, achievement of business goals is directly linked to the successful completion of projects on time, within budget and with quality. The project manager has to cater to the needs of the project, the organization (organizations), industry, professional discipline and across disciplines. Performing integration is the key role of the project manager. Performing integration comprises of the ‘Plan, Do, Check and Act’ of integrating the efforts and work of all to achieve the project goals.

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Protected: Developing realistic schedules

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Protected: Project Cost management

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30 questions you must ask before investing in cloud computing

Come on… again another thirty questions, that is a too long list for me to read and remember. Since I know the technical depth of the author of this white paper, I decided to dig deep using my favorite mindmapping tool. Now I am of the opinion that asking these questions before embarking on your cloud computing project will help you prevent lot of problems. The thirty questions are grouped into 9 logical groups;

Now it makes lot of sense.

Click here to download the white paper

Delay, buggy code, security vulnerability, scope variance and USD 35 M at stake

Delay, buggy code, security vulnerability, scope variance and USD 35M at stake!. Sounds like a classic case study of a failed project, and the key stakeholders are  Hertz and Accenture. These could have been avoided. Who is ultimately responsible for this?.  

Click here to read the original article 

 

Professional ethics of project managers

Agile in EPC projects – Why I am super delighted?

Can we use agile principles outside I.T?. This is one question I had to answer many times during my project management workshops, and consistently my answer was/ is ‘Yes’. I have mentored a team of lawyers who analyse outsourced cases and submit case analysis reports back, to follow ‘scrum’, one of the agile methods.

Another question from an architect of Turner construction was about the applicability of agile / lean principles in EPC projects. This was around seven years back. My answer was ‘Partially possible’. Agile gives best results in projects where the requirements are evolving and the technology is also new to the team. The early phases of EPC projects (contracting, requirements collection, scope definition, architecture, engineering phases) satisfies ‘evolving requirements’, ‘technology ambiguity’ criteria very well, which justifies my answer ‘partially yes’. The rolling wave or moving window planning which is part of PMBOK for the last one decade, in it’s fully expanded form is nothing but iterative and adaptive in nature. I was always optimistic about application of agile and lean practices in EPC projects, except during construction phase.

Last week, I received a McKinsey report on the emerging trends in EPC from Mr. Varghese Daniel, CEO, Wrench solutions with whom I am professionally associated to analyze the global project management best practices and their application to EPC projects to improve on time and within budget delivery. My further googling got me another KPMG study on the emerging trends. Both points to Integrated Project Delivery (IPD) as one of the key trends globally, which revolves around better collaboration of motivated teams achieved through;

  • Choosing the right contract types (tri-party contracts between the owner, contractor and the architect)
  • Greater collaboration during planning phase (last planner – which is similar to iteration planning)
  • Greater collaboration during execution (construction) (burn down charts, information radiators, daily stand up meetings)

At last my hunches are coming true. All these years I was the lone crusader who used to say that adaptive(agile) and predictive (PMBOK, TCM, PRINCE2) are complimentary which raised many eyebrows, and as an acknowledgement of my views, the industry is moving towards it. I am super delighted.

About the blogger

Abrachan Pudussery is a highly experienced project management domain expert with three decades of project experience in project management, consulting, coaching and research. He has in depth knowledge about various project management frameworks (PMBOK, PRINCE2, TCM, Agile. He is the founder director of the Project Management Research Institute He is also associated with Wrench Solutions as their project management domain expert.

Great opportunity to contribute to the project management professional community

Here are two standards open for review for the members of the Project Management Institute, USA.

  1. Practice standard for project estimating, second edition. The review period ends on 6th May 2019
  2. The standard for Earned Value Management (EVM). The review period ends on 30th April 2019

Click here to access the draft documents for review

The impact of Engineering, Procurement and Construction (EPC) Phases on Project Performance: A Case of Large-scale Residential Construction Project

The Construction Industry is a complex and fragmented industry worldwide with regards to its supply chain, products, and processes, and is faced with a similar dilemma as faced by manufacturers during its time in past decades. Scope, time, and cost are the triple constraints of project management and leading factors in defining the project performance. Productivity and efficiency of each construction project is measured through its triple constraints, therefore the factors that affect project success are significantly important. Despite the importance of understanding project performance indicators, few empirical studies have been conducted over the last decade in terms of analyzing the factors that determine the performance of high-rise buildings in Engineering, Procurement, and Construction (EPC) projects. Hence, the aim of this paper is to analyze and rank EPC critical activities across large-scale residential construction projects in Iran, by using the TOPSIS method as a multi-attribute group decision-making technique. Results indicate that engineering design, project planning and controls are significant factors contributing to the project performance. In addition, engineering has a pivotal role in project performance and this significance is followed by the construction phase. On the contrary, all believe procurement is more important than Construction phase.

Download the research paper

Multifaceted demands on a project manager

Projects are strategic in nature, so are the demands on a project manager. Organizational success, achievement of business goals is directly linked to the successful completion of projects on time, within budget and with quality. The project manager has to cater to the needs of the project, the organization (organizations), industry, professional discipline and across disciplines. Performing integration is the key role of the project manager. Performing integration comprises of the ‘Plan, Do, Check and Act’ of integrating the efforts and work of all to achieve the project goals.

The key stakeholders of the project management role

The project

  • Business analysts
  • Design
  • Engineering
  • Procurement
  • Quality management
  • Risk management
  • Resource management
  • Procurement management
  • Consultants
  • Customer
  • Contractors

The Organization

  • Sponsors
  • Senior management
  • Functional managers
  • Peers (other project managers)

The Industry

  • Industry trends / technological advances
  • Standards organizations
  • Products and prices
  • Competitors
  • Industry benchmarks

Professional discipline

  • Professional bodies like PMI, AACE, Agile alliance, Scrum alliance, PMRI
  • Engineers associations
  • Association of project cost accountants
  • Environmentalists
  • Ethics committees
  • Universities
  • Project management blogging communities
  • Linked in groups
  • Networking with industry experts

Across disciplines

  • Collaborative innovation across disciplines

As we can see, project manager’s is a very strategic role and calls for diverse skills and qualities to cater to the demands of the stakeholders, both internal and external.

PMI’s talent triangle

Skills of a leader

  • Commitment
  • Being a visionary (without total commitment, one will not be able to articulate the vision)
  • Optimistic and inspiring positive attitude
  • Collaborative outlook
  • Relationship building
  • Conflict management
  • Effective communication (Project managers spend about 90% of their time in communication). This include listening skills as well.
  • Demonstrating professional ethics of project managers in all transactions (Responsibility, Respect, Fairness, Honesty)
  • Sharing credit with others
  • Lifelong learner
  • Result oriented
  • Ability to prioritize and focus on important things
  • Ability to manage politics and power and get things done

Performing integration

Projects comprises of multiple sub-teams and even contractors, sub-contractors. Each one of them will have individual plans (engineering plan, design plan,construction plan, procurement plan, quality plan, risk plan, safety plan, scope management plan, schedule management plan etc). All these have to be integrated into a cohesive integrated project plan during the planning phase, and must be continually integrated throughout the project life cycle. During execution, the work packages from these entities have to be integrated. Performing integration at the plan level and at the work package level is a key responsibility of the project manager and she has to have the necessary knowledge, skills and drive to perform this role during the entire project duration

Reference : The project management body of knowledge PMBOK by PMI, USA.