Introduction The trends in project management and operations have shifted in the country. In the late 90s, large projects were typically valued at around INR 500 crores+. Today, mega projects are to the tune of INR 1 lakh crore and above. One could argue that a lot of inflationary factors are involved in the valuation […]
Holistic Considerations to Arrest Project Failures
The holistic perspective tells us high level considerations for projects. To implement the solutions, please connect with Consulting Connoisseurs, the best management consulting firm that gives a guarantee proposition to their offerings! Visit consultingconnoisseurs.com for more details.
The Critical Nature of the Critical Path
Most corporate houses use the Critical Path Method (CPM) to manage their projects. In fact, most standard project planning and scheduling software are designed to instantly highlight critical paths. Although every project manager would vouch for the utility of this tool, there are many instances where this actually tends to fail. The Most Significant In […]
Deep Pockets Project Management
DPPM or Deep Pockets Project Management is a concept where companies spend disproportionately high amounts on their projects. Project costs are often inflated by at least a factor of 2-3 times the estimates. DPPM is usually done to alter the business cases and the company’s financial exposure in such projects. For instance, an infrastructure project […]
7 Warning Signs of Issues with Project Tracking and Control
Managers and stakeholders often ask me as to how good their PMO operates in. To answer this question, we released a short video on the 7 warning signs that indicate a potential compromise of the project tracking and control system. Simplistically speaking, there are 7 warning signs and not confirmed errors. Please note that as […]
The Project Tracking and Controlling Challenge
There have been a lot of challenges in the areas of project tracking and controlling that have been plaguing project managers for a long time. Let us get a better perspective as to what these are. Approaches There are fundamental questions that project managers ask / get asked; some of which include: What the current […]
How Risky is your Risk Management?
Risk Management is a highly specialized science today. Its widespread application has helped radically improve the management of businesses. Every company, therefore, strives to control its risks through robust systems for risk management. However, many times fundamental issues in the business processes revolving around the aspect of risk management actually put the whole concept of […]
An Innovative Approach to Project Management
Do you think you can improve your Project Management Style? Modern Project Management finally falls into three models functional, matrix or projectized. Each of these models have been tested with time and have really not stood the acid tests for project management. Seeing this room for innovation, I am currently looking at a model that […]