Budget trade offs – 4PM.com
Budget trade offs are a key to managing the biggest challenge for executives, which is always the budget. If the IT Project Manager finalized his\her project plan and asked IT executives to approve it,...
View ArticleOverconfidence in Project Management – 4PM.com
Overconfidence in Project Management has lots of consequences some good some bad. Overconfidence affects project and their managers in lots of ways: 1. When PMs make commitments on completion dates 2....
View Article3-Point Estimates & Video
Far and away the best technique for developing estimates with your project team members is 3-point estimates. These are sometimes called PERT estimates (Program Evaluation and Review Technique). The...
View ArticleProject Estimates – 4pm.com
Project estimates are tough for every project manager and doing it well is often the difference between consistent success and frequent failure. Let’s look at some of the fantasies surrounding project...
View ArticlePERT Estimating – 4pm.com
PERT estimating is far and away the best technique for developing estimates with your project team members. PERT estimating is also known as Program Evaluation and Review Technique, or three-point...
View ArticleProject Estimation Techniques – 4pm.com
Project Estimation Techniques on a Project The first question a sponsor or your boss always asks about a project is how long will it take, how much it will cost and when you will be done. Those...
View ArticleTeam Commitment – 4pm.com
Experienced project managers realize that having the project team commitment to the project and their tasks is a crucial ingredient in project success. Accordingly, many project managers use the three...
View ArticleProject Management Estimating – 4pm.com
Project management estimating is the most difficult chore in project management. Sponsors and stakeholders want to have precise data on what a project will cost, what it will produce and how long it...
View ArticleProject Cash Flow – 4PM.com
Making sure the project cash flow will be there Executives who are owners of the project approved the project plan and the project manager started the project. During execution stage, the finance...
View ArticleTime Estimates – Video
Time estimates are part of every project manager’s daily life. The question, “When are you going to be done?” is used so often that we ought to have an acronym. It’s also true that the accuracy of time...
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