Are you ready to fight the Brain Drain? The Future of Project Management Depends on it

29 March 2012

In many ways the discipline of project management heavily focuses on best practices in improving and streamlining both soft and hard factors impacting a project’s outcome.  Whether it is the implementation of Earned Value Management (EVM) techniques or it’s adhering to Prince2 or the PMBOK, project management practitioners are constantly seeking for better ways to get it right.  Although these methodologies and techniques are helpful in developing a strategy for success, nothing can replace the acquired experience of a seasoned project manager who understands the nuances of the projects he or she serves that can turn at a moment’s notice.   

Genius Inside Summit Reveals that Social Media in PPM is not Child’s Play

15 March 2012

Recently I was speaking with my six year old son about his friends and what they do for fun, when he brought up that a group of his buddies have the Nintendo 3DS. Still stuck in the age of Atari I was amazed when he told me that with this newer console you can play video games in 3-D (no glasses required) and that his friends (as he said) enter some code on to their devices to accept each other as “Friends” and communicate via “Texting.”  Is it possible!?!  Social networking starts in first grade!?!  Apparently it does.

Today’s project management leadership needs to adapt to the changing workforce

27 February 2012

In light of the Facebook’s recent IPO filing that confirms the maturation and societal changing reality of social networks, it is evident to me that we have crossed the chasm in which the way the current generation interacts with each other on both a personal and professional level.
Whether it is via Smart phones or a Tablet PCs, “virtual” interactions have become an integral part of sharing and delivering messages among different groups of people with similar interests.  Facebook and its 875,000,000 members is a testament of how the world’s diverse communities has evolved into a global network all connected through  

Monitoring project costs. A penny saved is a penny earned. Or is it?

15 February 2012

I recently read an article where it described the U.S. Mint’s challenge in producing pennies and nickels at a cost more than their actual value.  In 2011 it cost the US Mint 2.4 Cents to produce a penny and 11.2 cents for every nickel produced.  I guess the old adage “A penny saved is a penny earned” does not apply to the US Mint.  Ironically, every penny has put the Mint 1.4 pennies in the hole.

Lotusphere 2012 Highlights: Socializing Lotus Notes and Domino Means Better Accessibility in the Cloud and on Mobile Devices

27 January 2012

It has been a week since Lotusphere 2012.  This year’s event was quite exciting in that it a lot of the ideas and concepts that were discussed in 2011 were put into action offering up new capabilities to the Lotus Notes community delivering on the promise of a more social platform.  One of the primary messages of the event is that social media has transformed our business landscape by fundamentally changing the way people interact in a business context.  We truly live in an era where information workers are no longer chained to their desks and are more mobile and  

Lotus Fever is in the Air! Lotusphere 2012 reminds us what it means to be social

13 January 2012

For all the Lotus Notes groupies, every year when the big Lotusphere event comes around it seems like the whole world stops for the week, and everyone’s attention is aimed at learning about the next big announcement and reveal of the annual celebrity mystery guest that will set the tone of the Lotus Notes community for the upcoming year.

Letterman Top 10 Signs your Project is Doomed to Fail

22 December 2011

As we wrap up 2011, I figure I would take this opportunity to lighten the mood and come up with a top 10 list À La “David Letterman.”  So the category is the top signs your project is doomed to fail.  Here we go…

A Project Selection Strategy is Critical, Unless you can go “Back to the Future”

16 December 2011

For many project-driven organizations, especially those in new product development and innovation, one of the toughest challenges is managing a pipeline of potential projects and making an objective and well-informed decision on which project to place your bet on.  A strategic project selection process will ensure that the right metrics, experts and stakeholders are involved in the assessment and prioritization of your pipeline.  The right project selection strategy allows for an organization to maximize its potential for success and improvement across its current and future portfolio.

Get your Pair of Adidas for $1! Process Improvement in your Projects is about the Journey, not the Destination

28 November 2011

In our current global economy consumer products are dropping in price due to the maturity of organization’s that are schooled in the ability to leverage the best and cheapest resources around the world every point in the manufacturing process.   In recent years we have seen remarkably low priced items seen with the launch of Tata’s Nano car retailed at $1900 and now Adidas’ recent announcement of launching a $1 running shoe aimed at India’s growing population.

Just Ask Angie! Quality Project Information Will Lead to Better Decisions

18 November 2011

There have been many major successful IPOs in 2011.  From Groupon to Linkedin and Pandora, in a shaky economic climate these major internet players have proven that the Web still has much room for growth.  One of the more interesting IPOs in 2011 that sheds light on what businesses and consumers seek to gain from each other is “Angie’s List.”  Founded in 1995 (a dinosaur by internet standards), despite still being in the red, Angie’s IPO has increased its valuation by 25% pegging it at approximately $900 million.  Not bad for a company that started in Ohio by Angie Hicks