Architectural comparison of TCM and PMBOK

Architecture refers 'carefully designed structure of something', and here it is about the Total Cost Management (TCM) framework. As the name suggests, the focus of TCM framework is cost management of projects and the deliverable of projects (assets). There lies the fundamental difference between the Project Management Body of Knowledge (PMBOK) by PMI, USA and …

How to define project goals – 10 questions one should answer

Whether it is about starting a new blog or building a new airport, before starting the project one has to get convinced about the business case and the viability of the project. Projects fail at the beginning, not at the end. Filtering out the best before investment is the key to avoid failures. Before starting …

Developing (Cultural) Empathy | mathias sager – School & Advisory

https://mathias-sager.com/2019/02/28/developing-cultural-empathy/

Project management essentials

Define the goal Collect requirements Define scope Develop product breakdown structure Develop work breakdown structure Develop project strategy Estimate the work packages Determine budget Decompose the work Packages into activities Develop activity sequences Estimate activity effort and durations Perform bottom up estimation Optimise budgets Develop schedule Allocate resources Execute Change management Monitor and control Close …

Application of theory U, in agile coaching

Right now I am in the middle of a consulting assignment of transitioning a large team from ‘scrum buts’ to right scrum. When I say right scrum, I refer to the scrum guide by Ken Schwaber and Jeff Sutherland which can be downloaded from Scrum.org This team from a very large multi national product company …

Risk response Vs contingency

The actions we take proactively to reduce the probability or impact or both comes under risk response planning. For example - Building an earth quake resistant building in an earthquake prone area is part of risk response planning. The actions we do, when the risk really happens fall under risk contingency actions. Here is one... …

Loosing the job at 50. A crisis or opportunity to pivot?

I am inspired by the book 'pivot' by Jenny Blake with the sub title 'the only move that matters is your next move'. Pivot is all about leveraging the current strengths and planning for the next phase of career. I am grateful to all those who inspired me throughout my career which helped me to …

15 points for effective daily stand up meetings (scrum)

Start the meeting on time and finish it on time. Some teams do it at the beginning of the day. Some do it by 11 a.m. Some do it towards the end of the day. This can be a challenge when you have teams working from two different geographies with time zone differences. Choose the …

Monitoring Project Risks: Risky Business

You said it well. If we manage all the risks well, then the project will be successfull and at the same time risk management is risky business. Click the link below to read this very useful article on project risk management. https://wp.me/p5JWg4-P2

Fluctuating motivation. How do you manage it?

Most of us go through periods of high motivation and low motivation. What could be the reasons?. How can we overcome it? The best way to manage it is to acknowledge the fact that it is temporary and everyone goes through it.In my experience one of the reasons for fluctuating motivation is imbalance in work …