T&M, short for Time and Materials, is a common pricing methodology that is used when the project scope is not clearly defined or when the…
RetiredPM
“I have two kinds of problems: the urgent and the important. The urgent are not important, and the important are never urgent.” —Dwight D. Eisenhower…
A winning project proposal clearly communicates: that the project is worth supporting. It is not only a description of an idea but also a persuasive…
To assess the potential impacts of risk to a project, it is important to understand the 3 basic elements used in risk calculations: Impact, Probability…
Agile project methodologies are a group of flexible project management approaches designed to deliver work in small, iterative steps while adapting quickly to change. Instead…
Project management methodologies are structured approaches used to plan, execute, and deliver projects efficiently. They provide frameworks, processes, and best practices to manage scope, time,…
Early in the initiation or planning phases of a project, the project manager should document all project assumptions. Frequently, the project assumptions are documented in…
Risk management is an important project management function. While we have tools to identify, assess, and manage risks, it’s sometimes difficult to understand and distinguish…
By definition, your role as project manager ends when the project is complete. Projects are temporary work efforts with a defined beginning and ending. The…
Estimates are just that, an estimate of future costs. The accuracy of estimates can vary greatly and generally range between -50% to +50% of the…