Method123 Blog

Work Breakdown Structure (WBS) - Foundation of Project Success

Jim Lombardi

Developing Effective Work Breakdown Structures The Work Breakdown Structure (WBS) is an often misunderstood and underappreciated tool of project management.  I would argue that it is a critical piece of the foundation of any project management methodology.  Many misconceptions exist about what a WBS is, how it is used and why it is such an important part of the project management process. A WBS is a deliverable-oriented, hierarchical grouping of the work to be executed by the project team to accomplish the project objectives and create the required deliverables.  It organizes and defines the total scope of the project. Each...

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Conducting a Business Case Analysis

Jim Lombardi

he conducting of a business case analysis is always done by the stakeholders of a project. This is because they will be financially responsible for the success or failure of this business venture. They will also be the ones that have the greatest chance of losing money if the right decision is not made. There is another person in the organization that should also do a business case analysis. This is the project manager. This will allow them to thoroughly understand just what is needed, to gain approval from the stakeholders. The first step in a business case analysis is...

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5 Things a PMO Should be Doing Now

Jim Lombardi

Project Management Offices (PMO) are defined by their ability to deliver value to their organizations or clients. As PMO organizations mature it becomes harder for them to demonstrate their business value to the organization. Below, we have identified 5 things that PMOs should be focused on to get themselves to the 'next level' of maturity and business value. 1. Make sure you can deliver clear, measurable objectives beyond ROI We have observed that many project proposals are submitted to the PMO organization -- complete with management approval and funding -- but without any clear measurable business objectives. By insisting that...

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Project Management Life Cycle

Jim Lombardi

Project Management Life Cycle

Project Management Life Cycle ...Avoiding confusion with Project Life Cycle   Project Management Life Cycle vs Project Life Cycle Unfortunately, I've seen many cases where these two are used interchangeably without acknowledging that they are truly two different and distinct things. The Project Management Life Cycle is defined by the methodology used to manage projects in your organization. MPMM©, like the PMBOK©, utilizes Initiation, Planning, Executing, and Closure phases in the PMLC. The Project Life Cycle (PLC) lives mostly within the Executing phase of the PMLC. If the project is a software development project that PLC will often be referred...

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Dealing with Troubled Projects

Jim Lombardi

Every organization will have to deal with projects that are under-performing, over budget, behind schedule -- in a word troubled ! We identify 2 very specific things that organizations need to do in response. The first is immediate and the later is a more systematic response to prevent projects in the future from becoming troubled. 1. Deal with Troubled Projects Head On When a project gets in trouble, too often, the first tendency is to extend the deadline and spend more money on it in hopes of getting it finished. This is a bad idea, especially if the situation occurs...

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