By Michael B. Bender
“Mike Bender has utilized his massive services to crafting user-friendly and pragmatic guidance on making venture administration paintings in your company. Now it’s as much as you. this is often the way you upload worth on your organization.”
–Kimi Hirotsu Ziemski, PMP, vice president group relatives, PMI SFBAC; writer, When Opposites Collide: management past Gender;
and contributing writer, PMBOK® Guide, 4th Edition
“Were I an govt relocating my association to exploit new demanding situations, I’d wish this ebook to make sure I in attaining the main out of my undertaking portfolio. Michael Bender distills the necessities of undertaking administration into what executives want to know with no overwhelming them. He treats tasks as capital investments for executives to accomplish better returns during this ever difficult fiscal environment.”
–Michael F.Malinowski, PMP, IT supervisor, Exelon company; and writer, IT upkeep: utilized venture Management
THE FIRST EXECUTIVE’S consultant to forcing larger ORGANIZATIONAL worth via venture MANAGEMENT!
• Align venture administration with enterprise strategy
• select the fitting initiatives and oversee them effectively
• constitution your company to advertise greater venture decision-making
• deal with a number of tasks in advanced globalized environments
As an government, you recognize there’s just one cause to begin a venture: so as to add worth. Now there’s a undertaking administration publication that stocks your point of view: a ebook that is helping you optimize the price of tasks and venture administration all through your company. best venture administration advisor Michael Bender unearths easy methods to make certain your whole initiatives absolutely aid your targets and run successfully from begin to end. Bender indicates the best way to use balanced portfolio recommendations to force greatest worth from each undertaking, systematically decrease hazard in tough-to-manage globalized environments, and enhance organizational functionality via strategic outsourcing. As an govt, you understand the rewards or undergo the penalty of undertaking effects. listed here are the instruments you want to get the implications you’re after—and get them consistently.
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Additional resources for A Manager's Guide to Project Management: Learn How to Apply Best Practices
As an executive manager, you have the power to improve your organization’s efficiency by helping establish that common language. The definitions I present are commonly recognized in most circles. Whether you choose these definitions or define your own is not relevant. Simply be aware that if you use the terms differently, you might need to translate them when communicating with the outside world. 18 A Manager’s Guide to Project Management From the Library of Garrick Lee Project and Program The definition for project comes directly from the PMI standard: Project—A temporary endeavor undertaken to create a unique product, service, or result This definition describes three characteristics for an activity to be considered a project: 1.
You will see later in this book that the fewer distractions a task performer is forced to handle, the more efficiently that person can work. Critical Path Few will challenge that we live in a very dynamic business environment. Plans change and emergencies occur. Critical path is probably the most useful tools project management offers for managing resources in a dynamic environment. Core Concepts Many people outside project management misunderstand the term critical path. The critical path defines tasks that exhibit the highest risk for schedule delay.
Critical path is a mathematical phenomenon of scheduling. It exists in the physical universe. Through each project precedence diagram, at least one series of activities defines the length of the project. If any task along that path is delayed, an equal delay appears at the end of the project. Not all activities exhibit this characteristic. Some activities can accept a certain delay without affecting the project schedule. 3. Note that the sequence of tasks A–B–E–F formulates the longest series in the phase—a total of ten days.