In the world of planning, nothing is done without reasoning. Actions are done solely to achieve a defined goal or objective and generate value. The overall objective of any project is to respond to a stated need. However, in order for the project to yield maximum benefit relative to the effort involved, it is best if the solution offered is as…
Prior to approving any project, it is important to prove that it is a necessary and worthwhile undertaking. It is also essential to take into account the limited resources we have at our disposal and our ability to deploy these resources at any given time and place. A need can be defined as an essential change to the status quo…
One of the clear differences between projects and non-project activities is the high level of uncertainty associated with the ability to meet a project’s goals, simply because each project is unique. Despite the fact that some projects are similar to each other, each project begins at a ‘low-point of certainty’ of the project’s ability to meet its goals. Fortunately, for…
A Lot – Fast – Cheap – Good’ is a set of expectations that can never be achieved simultaneously. These expectations are the result of the customer’s (completely understandable) lack of understanding regarding the realistic efforts required to achieve the project’s goals, as well as lack of trust regarding the estimates presented at the project’s sale. Why is this? Well,…
Known also as The Triple Constraints Describes the constraints in the project and the competition between them demonstrates the basic mathematical relationship between its parts: any change to one axis necessitates corresponding change in one or more of the others The task: Balance competing constraints before committing to a project The challenge: to keep the triangle balanced throughout the project…
A project is: Developing a software Starting up a business Building or renovating a home Putting together a special event Writing a book Developing a new product or service A project is any time-intensive effort—defined by a clear beginning and end—that attempts to achieve a particular aim and operates under a specific set of constraints. Most projects are characterized by…
