PMcrunch

The business analysis function is one that needs to be managed with care and the wisdom of experience. Business analysts handle requirements management, systems analysis, business analysis, requirements analysis, or consulting. The various activities around these functions take place throughout the project and require continuous monitoring, starting at a high level near the beginning of the project. This post explores key business analysis activities throughout the project lifecycle.

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There are many ways to earn the 60 PDUs required to maintain PMP certification. Many PMPs consider this to be a challenge. However, with proper planning (remember, we are PMPs!), earning those PDUs can become a part of your regular professional life and can be a breeze. Here’s how.

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Project Portfolio Management, like Investment Portfolio Management, is a balancing act that requires constant monitoring and adjustment over time. Whereas an individual may have the right balance of risk, return, income, growth and others represented in an investment portfolio, a project portfolio is similar in many ways. Risks, returns, resources required, and alignment with overall strategy are just a few of the factors that must be kept in balance over time.

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Time off is not just a luxury. It’s a responsibility of leadership for project managers and program managers. Especially in summer, where schedules tend to be a little lighter, it is easier to take some time off and connect with others who also are taking time off. Taking time off helps us personally, as well as our families and social relationships, but it is also a big gain for members of our project team, as everyone appreciates an organization that acknowledges and values time outside of work.

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The word ‘agile’ has become popular in software development and project management circles, as the agile method produces quality product speedily in a very flexible and organic way. Agility, however, describes much more than a method for software development and speaks right to the core of project team formation and development. The individuals, project team, and team building process itself all need to be agile in today’s demanding environment.

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Requirements are a great challenge in project management. Clarity as to requirements is absolutely necessary in order for a project to succeed. Most projects succeed or fail at the beginning of the project based upon the quality of the project requirements. One of the challenges for the Project Manager is to assess and understand the uniqueness of the requirements gathering process for his/her individual project, which includes both Requirements Definition and Requirements Management.

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You are new to a project. The project itself is new, or perhaps you have been handed an initial project. The project charter is a great place to start to get yourself oriented to where the project fits into the organization.

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I have encountered misunderstandings numerous times due to different concepts of the meaning of the word ‘plan’. There are various types of plans. In Project Plan Integration, we pull together various aspects of the project plan, which taken separately actually represent separate plans. One of those plans, the Configuration Management Plan, is one that I have encountered misunderstanding over.

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There is lots of good talk about project metrics. Much of it centers on project performance. But there is another side to it, organizational metrics, related to how the project is contributing to overall organizational goals. Thinking a little differently and exploring a different perspective can provide better focus and produce more positive impact.

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What does you organization “tolerate”? This is an important question to ask because you will know where you have some flexibility, and you will know where you have risks and inflexibility. You may very well also find out where your organization is lacking, and where it needs some reform in its project management practices to become a much more streamlined, and lean operating machine. A useful tool for thinking about this is the triple constraint.

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