Changes are inevitable in any project’s or product’s life cycle. Some changes have either positive or negative effects on the project’s baseline schedule, baseline budget, performance, and profitability. Other changes may affect the technical specifications and/or scope of a product. … Read more
Project Management, Program Management, and Portfolio Management are very important terms in project scope management. Although they sound similar, they refer to different concepts. Many PMP aspirants don’t know the differences between them. Knowing these concepts and understanding their differences … Read more
Lean six sigma principles are one of those things that look straightforward on a training slide and turn out to be genuinely hard in practice. The principles themselves — define value from the customer’s perspective, map the value stream, create … Read more
By 2014, GE’s stock had been roughly flat for a decade. The company that Jack Welch had built into a six sigma in project management flagship was struggling to grow its industrial businesses, losing ground in technology, and eventually facing … Read more
Stakeholder identification has a specific, consistent failure mode that most guides don’t name directly: teams identify the stakeholders who are already visible and stop there. They find the sponsors, the clients, the obvious user groups, and the departments that raised … Read more
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