To continue on the Â tradition of last year’sÂ top ten list focused on projects, I came up with a topic more focused on you – the project manager.Â So the category is the top ten signs you are not ready to be a project manager.Â Here we go…
Although the Porsche 911 will celebrate its 50th anniversary in a few months, it definitely doesnâ€™t look its age!Â It is an absolute classic among sports cars and its timeless design never goes out of style. Â In the world of Project Management, the Porsche 911 is certainly a flagship project. Â According to German magazine â€śMotorKlassikâ€ť only 10 prototypes were built prior to its release in September 1963.Â This fact alone, is almost unbelievable, compared to todayâ€™s mass-production manufacturers who can burn through 100s of prototypes before a product launch.
Living in one of Canada’s largest metropolitan areas, Montreal is infamous for its traffic jams caused by never ending construction and growing population.Â In a recent report it confirmed that the typical Montrealer that has a 30 minute commute loses 92 hours a year to traffic. The reality of this loss is astronomical impacting businesses, the environment and in some cases health issues that result from increased stressed levels and the broadened carbon footprint.Â Although strategies to mitigate traffic issuesÂ exist, similar to the project management world, it only takes one unexpected change of event to occur and you will
Recently, Kickstarter an internet platform developed to assist entrepreneurs fund their projects by recruiting investors online, has confirmed the reality that after 17 years since the first Chaos Report was published, the knowledge of failure has done little to change the grim statistics associated with project success.Â According to a recent article, 41% of projects on Kickstarter fail. Â So if projects are likely to fail, why bother planning for success in the first place? Â Seasoned project leaders understand that project planning is more than developing a detailed Gantt Chart with accurate timelines and reasonable workloads. Â Good project planning is as
Recently, Sheryl Sandberg Facebook’s COO publicly admitted to working a 9 to 5 schedule which for many is blasphemous in Technology circles. Although in the past she was reluctant to reveal her work schedule, in her recent announcement she attributes her well-balanced work and life schedule to her present day success.Â Even though she has incredible responsibility, it shows that and organized plan and schedule can go a very far way. In many ways, her ability to successfully execute on (one would imagine to be) an insurmountable amount of work in a 9 to 5 schedule is a true testament
I recently read an article where it described the U.S. Mintâ€™s challenge in producing pennies and nickels at a cost more than their actual value.Â In 2011 it cost the US Mint 2.4 Cents to produce a penny and 11.2 cents for every nickel produced.Â I guess the old adage â€śA penny saved is a penny earnedâ€ť does not apply to the US Mint.Â Ironically, every penny has put the Mint 1.4 pennies in the hole.