Project Management News Digest from PM Advisor

Here is a curated list of some of the latest news from the world of Project, Portfolio and Programme Management, brought to you by PM Advisor.

PM TOOLS

Deltek

Deltek Acquires Axium

FortMillTimes
Axium, a leading provider of integrated accounting and project management solutions to more than 2,200 architecture & engineering (A&E) firms, has been acquired by Deltek, the leading global provider of enterprise software and information solutions for project-based businesses. The acquisition of Axium strengthens Deltek’s market leadership and extends Deltek’s reach into the largest segment of the A&E industry within North America, namely firms with fewer than 250 employees.
Tom's Planner

Tom’s Planner Adds Filtering & Search

tom’splanner

The popular Tom’s Planner has added the ability to use filters in their online Gantt charts, but beware from August it will only be available for paid accounts.

40 Useful Project Management Tools

Smashing Apps

Smashing  Apps bring an eclectic mix of free and premium PM Tools.

 

PM METHODS

Do We Really Learn from ‘Lessons Learnt’?

How to Manage a Camel

Lindsay Scott recently co-hosted a joint  knowledge cafe session between the APMs PMOSIG and Knowledge SIG, and shares her observations.

Project Failure

Why are so many projects set up to fail?

Project Manager

Patrick Weaver takes in interesting look at how a lack of ‘project management common sense’ can lead to failure.  He concludes “the root cause of most project and program failures is the failure of governing bodies to both hold themselves accountable and to make their management responsible for commissioning avoidable failures.”

 

PM COMPETENCE

The Impact Of Project Communication Management On Project Success

SAP Blog

Ivana Zuber shares her thoughts on an important aspect of every successful project – Project Communication Management, looking at the communication plan, stakeholder analysis, confidentiality, and the role of the project manager.

11 Ideas for Starting a Legal PM Initiative in Your Firm

Slaw

Natasha Chetty shares her learning from attending LPM Showcase and Workshop.  Interesting observations for legal firms, many of which are transferrable to most sectors.

Interview Questions

10 Killer Interview Questions for Hiring Project Managers

A Girl’s Guide to Project Management

Elizabeth Harrin shares her 10 favourite PM interview questions, explains why she likes them and shares some un-model answers:

  1. What don’t you want to work on?
  2. If you had to rate project management as a career, from 1-10 how would you rate it?
  3. What’s the most important thing for a project manager to do?
  4. What do you spend most time doing each day?
  5. How do you work with sponsors? How do you manage up?
  6. When was the last time you didn’t delegate and what happened?
  7. What was the most difficult ethical decision you’ve had to make on a project?
  8. What criteria are you using to find your next job?
  9. How have you improved project management processes at your current firm?
  10. What creative problem-solving techniques to use?

10 Things That All Great Project Managers Do

CIO Insight

Dennis McCafferty observes that the 10 things that all great PMs do are:

  1. They seek clarity from start to finish,
  2. They don’t ask for permission to assert authority,
  3. They edit information as it’s presented,
  4. They re-evaluate on-the-fly,
  5. They craft conversations for their audience,
  6. They stick to regular communications schedules,
  7. They put the right people in the right positions,
  8. They maintain composure, and
  9. They respect work-life balance.

Money

Three surefire ways to screw up your project

FastCompany

Eric Morgan, CEO at AtTask, recognises that while every project will have bumps along the road, but sees 3 surefire ways to make things worse:

  • Pretending that work isn’t chaos,
  • Adding yet another point solution or tool, or
  • Forgetting that ad-hoc projects will come in.

10 Project Management Dos

PM Hut

Susanne Madsen suggests 10 practices to focus on in order to hone your skills, deliver triumphant projects, and have a great experience doing your job:

  1. Focus on customer needs,
  2. Challenge the status quo,
  3. Meet people face-to-face,
  4. Complete an accurate project plan,
  5. Assess project progress on a weekly basis,
  6. Review project risks in collaboration with your team,
  7. Be proactive and resist fighting fires,
  8. Learn to delegate,
  9. Keep your promises, and
  10. Support and challenge in equal measure.

DICE Project Assessment Method

DICE is a change project assessment tool developed by the Boston Consulting Group.  It is a standardised way of assessing the likelihood of a project succeeding.

With something like ⅔rd of projects failing to meet their objectives, many organisations and PMOs often seek objective tools to help understand the likelihood of their projects meeting their objectives.  With this in mind and recognising the proven factors in project failure, BCG had the idea of “minimising that risk of failure, powerfully flipping the odds in favour of success”.

BCG’s experts have determined that the outcome of change initiatives is driven by four elements:

  1. the (D)uration of the project;
  2. the performance (I)ntegrity of the team;
  3. the organizational (C)ommitment to change; and
  4. the additional (E)ffort required of staff members.

Assessing projects against these four elements, which they call DICE®, can greatly help achieve successful change from initial idea to benefits realisation.

Their methodology for scoring and statistically analysing the dynamics of DICE®, thereby allows objective assessment of the likely outcome of transformation.

Using the tool on BCGs website allows rapid visual assessment looking like this:

 

Dice Example