Archive for the ‘Project Management’ Category

Project management software guide

Friday, July 23rd, 2010

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Summary:

These days, project management is increasingly handled with web-based applications instead of it being necessary to always report in person with your PM. Web based project management works by centralizing complete project information onto a single server that tracks all the work being done.  This allows the project team to access important information and collaborate from anywhere in the world.

Using web-based project management saves a lot of time as team members don’t necessarily need to be physically present, and they don’t need to give an oral status update which takes much longer than reading it. In addition, web-based project management software keeps all of the crucial information in one place and can be organized into gantt charts, flowcharts, or dashboards so PMs can focus on action items.

Article Quote:

“If we try to take a look at kind and type of project management software, we find that several such software have marked their presence in the corporate world. Thus selecting one such software can be brain-taxing task.”

Link: http://www.daomubiji.tk/2010/07/22/project-management-software-guide.html

Before searching for project management software, evaluate your project needs. Have a list of the applications or features you will need so when you begin the selection process, you’ll get exactly what you need. Choosing a flexible software that is simple to start, yet has the more complex features when and if you need them saves you from needing to switch softwares as larger more involved projects come along.

For more on web-based project management software, see http://www.performancesolutionstech.com/category/project-management/

GE Capital Establishes $35 Million Credit Facility for Global Technology Resources, Inc.

Friday, July 16th, 2010

Summary:

GE Capital, Commercial Distribution Finance (CDF), a leading financing provider to manufacturers and their distributors,  announced that it has established a $35 million credit facility for Global Technology Resources, Inc. (GTRI). Denver based GTRI is a leading provider of a wide variety of technology solutions.

The credit facility will be used to procure inventory from distributors and manufacturers, and it will also be used for working capital needs. GTRI sells and installs IT systems and programs to customers in the commercial, federal, education and healthcare markets.

Jeeva Ratnathicam, vice president of finance for GTRI said “This new financing facility allows us to take advantage of manufacturers’ channel financing programs while providing us with capital necessary to continue our rapid growth.”

Article Quote:

“GTRI gives clients the necessary visibility and control to tackle their greatest technology challenges, leveraging professionalism and experience to deliver the best of next-generation networks.”

Link: http://www.marketwatch.com/story/ge-capital-establishes-35-million-credit-facility-for-global-technology-resources-inc-2010-07-14?reflink=MW_news_stmp

Maintaining enough capital is a challenge for expanding businesses so having access to credit during rapid growth can be the deciding factor on whether the business survives or suffers. GTRI is a leading technology consulting provider by assisting in aligning client needs with the right infrastructure, wireless, network convergence, systems management, business continuity, storage and backup, project management, staff augmentation and managed services.

For more on project management, visit www.managepro.com/projectmanagement.html

Formats and work styles aren’t good predictors of successful project planning

Thursday, July 8th, 2010

Project planning.  The words sounds like something tangible, that everyone would agree on.  Yet, when you look at how people plan informal and formal projects, you realize how much variability there is in how we approach what sounds like an agreed upon process.

First of all, I see all kinds of project plans, but most people use one of the following five formats:

1. Memory-Verbal (e.g. do it all in your head)
2. Simple written list (may or may not have steps in sequential order)
3. Outline (plan uses an outline to convey order and grouping)
4. Gantt (plan uses timeline duration bars)
5. Map (plan uses spatial relationships to convey linkage and sequence)

Five different formats. Some people use predominantly one type, some use all five depending on the context. Regardless of the format you choose, you cannot at face value, tell which one is going to work the best. In short, the format doesn’t seem to have a strong correlation with how accurately or helpful a project plan is for organizing and predicting work effort.

ManagePro software supports project planning using options 2-5 above, and although I see a lot of ManagePro databases, there doesn’t seem to be a correlation between format and success. This is especially true on short term, lower complexity projects.  Yet, they each look different, take different amounts of time to create and wouldn’t be seen as equal to each other.

In spite of what the plan is, an individual’s decision making style shapes what happens in the project planning and completion process more than the plan or the plan format does.  Take a look at some of the styles identified:

Analytical, Conceptual, Rational, Intuitive, Impulsive, Flexible, Proactive, Dependant

Most of these styles don’t have a lock on the particular value or viability of any project planning processes either.  There doesn’t seem to be any value to always practicing only one of these decision making styles to be better at project planning.

So if the variability of format and style isn’t a good predictor of success, which should you choose? Well, that depends on what works best for you. Most project planners are already familiar with the above formats. However, if you are not an expert project planner, then you should give each one a try to find which suits your work style.

Perhaps most importantly, the trick to creating a project plan is that it must makes sense at first glance (e.g. at face value, it looks like a workable plan). If it cannot pass this test, go back to the drawing board. After drafting a plan that appears to be workable, remember to always measure your results.

Click here for more on project planning.

UNICEF Design Days: Insights Into Good Design And Project Management

Friday, June 4th, 2010

The video below is a conversation between designers and engineers that have worked with UNICEF. They are discussing issues that emerge during design and collaboration processes and providing insights into good design and project management . Key issues are highlighted below:

  • Use methods for iterative and flexible design contracting; we can’t always know what the end result will look like.
  • Benefit from understanding and discussion of the design process before embarking on projects.
  • We need to work with open-source designers and engineers so that whatever we pay to have produced is public domain.
  • “Research” and “development” needs to happen with end users, in the field.

Design Days 2010 from Unicef Innovation on Vimeo.

Advancement in the design and application of software in the project management field serves to continually advance the effectiveness and efficiency of the project team. Since being recognized as a distinct discipline in the middle of the twentieth century, the processes and models utilized by project managers has undergone great changes. While many of these models can have different processes, what hasn’t changed is that all projects need resources, feedback, and controls in order for a successful launch.

Click here for more on project management.

The Difference between Project Management and Product Management

Tuesday, June 1st, 2010

Summary:

Instead of focusing project management on maximizing efficiency and control for change, project managers should approach each project like a start-up. They should be asking “Who is the ultimate user of this product?” “What are my assumptions coming into this project and what does success look like?”

By asking these questions and cultivating empathy for the customer, project managers have a far better chance of developing a product that the customer will actually use. To cultivate empathy, try the following tips:

  • Learn to embed yourself in the culture of your customers. Who are they? What do they want? What part of you is also a part of them?
  • Learn that it is never the customers fault if they don’t know how to use your product. Don’t get caught up in the self-congratulations of building something to spec. Instead, get more caught up in building it to the specifications needed for success.
  • Get comfortable with the idea that all you have are guesses. Even the best design from the best designer is a guess until someone uses it. Your best shot is to get it up quickly, validate it with real customers, learn, and iterate.
  • Don’t forget to cultivate empathy for the other members of your team.

Article Quote:

“As product managers, it is our job to build a product for people. As such, we need to take massive steps to start better understanding the people we are building for and scope our projects ONLY to test those assumptions. This isn’t a new idea; it is the cornerstone of customer development and the pursuit of product/market fit. Both of those concepts start to actually matter when you move from being a project manager to becoming a product manager.”

Link: http://www.basdebaar.com/difference-project-product-management-2879.html

As the tools to develop products advance, the cost of designing and writing code continues to fall. Project managers have several different engineering processes to choose from now, such as Xtreme, Pair, Iterative, Agile and SCRUM, which give us new ways of creating project structures. Along with this shift in processes, there should also be a shift in the approach project managers take to these projects.

Project management software should combines comprehensive functionality with ease of use, and adds a complete set of performance, strategic alignment and portfolio planning business tools when you need them.

For more about project management, see http://www.performancesolutionstech.com/category/project-management/

What makes a great project manager?

Wednesday, May 26th, 2010

This video is a good resource for learning the what it takes to become a successful project manager. It requires the application of skills, tools, and knowledge along with techniques to manage and complete tasks. Since these requirements are vague, it is important to research and learn the latest processes and tools available to project managers.

Project management tools should include software that combines comprehensive functionality with ease of use, and adds a complete set of performance, strategic alignment and portfolio planning business tools when you need them. Needed is a software that at it’s core is outcome based, not calendar based.

Click here to learn more on project management