PMcrunch

I just heard a discussion led by a Duke University economics professor (sorry, I didn’t get his name) who had some interesting points to make about things being for free or being for money. He draws some very interesting conclusions that might be helpful to many of us on our projects.

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Sustainability is a hot topic today. Many potential projects may have the appearance of socially responsible but in some cases are not sustainable. [tag-tec]Sustainability[/tag-tec] in and of itself is a key aspect of [tag-dir]social responsibility[/tag-dir]. The growing presence of [tag-dir]living roof project[/tag-dir] is a good example of sustainability in action.

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One of the most important things we can do to kick off a successful project is to clearly define the vision for the end state that will exist upon completion of the project. This end state is the vision for the way things are to be upon successful completion of the project. This [tag-tec]end vision[/tag-tec] should appeal to all aspects of the purpose for the project.

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There is no better dose of reality, than the power of pushback.  It occurs in every walk of life and, utilized properly, can be our friend in the project management process.  It comes in most handy when dealing with uncertainty.  It also keeps us honest about our prospects.

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Corporate need for stream-lined, large-scale training has prompted many organizations to look to learning management systems (LMSs) and virtual teams. Virtual teams can aid companies in discovering, recruiting, and training talent.

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Using project management templates is a great way to improve project performance rapidly. In addition, implementing proven project management methodologies and processes can also improve performance and deliver better results. Here is a look at a couple of low cost possibilities that project managers can deploy rapidly.

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There is always something going on that we can “take advantage of”. When we are in school, we can take advantage of the opportunity to learn new things in a free thinking environment. When we are on vacation, we can take advantage of the opportunity to sit back, relax and have a good time. When the weekend comes, we can take advantage of the opportunity to get some extra things done around the house, or to see to some friends. Now, we find ourselves in a recession. So, the natural question is, “What can we do to take advantage of the recession?”

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One of the greatest communication tools that a project manager can possess is strong briefing on the project. This can facilitate communications with all stakeholders for any project. It puts a good public relations phase on the project plan.

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Frequently, in our projects, especially those of technical nature, we are confronted with the opportunity to analyze various possible solutions. In this process, it is critically important to understand all aspects of cost related to each alternative. A potential trap is to simply compare price. Oftentimes, price is only one very small aspect of the cost of going with a particular product or service.

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These tough times are different from past recessions in that “visibility is low”. What I mean by that is that it is not just a matter of seeing that sales had declined a certain amount, or that certain costs had reached a certain amount; it is not just that there is a general slimming or pruning of weaker competitors across the board. The problem is that it is very hard to predict with any reasonable level of certainty what is going to happen next and, thus, we find ourselves driving through our challenges “with low visibility”.

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