Today hiring of appropriate talent has become a big challenge. Most companies spends a large amount in hiring the right set of people. Some companies had tied up with multiple third party vendors for talent acquisition. Some offers a handsome reference amount to their employees for proving good references. But all this effort would be of no use if the company is unable to retain their critical and talented resources. What is needed in order to retain your key talent? Set clear goals and expectations – The primary reason for dissatisfaction of any resource is unclear expectations from his/her managers. […]

The project manager must start his day 30 minutes before his team so that he is aware of all the updates and can prioritize his work accordingly.  Proactive project managers checks their mails once in the night and then again once in the morning before reaching office. This way they can prevent 2 things- Bad news coming to him from multiple sources before his own team Reacting to an unpleasant situation with incomplete information In both these cases things may turn from bad to worse and the project manager might be left with a feeling of guilt for doing or

A conflict of interest is when a person put his/her personal interests above the interests of the organization he/she is working for. Or when a person uses his/her influence to cause others to make decisions in one’s favour without regard for the project outcome. In other words, one’s personal interests take precedence over his/her professional obligations, and the decision results in allowing the individual to personally benefit regardless of the project’s outcome. Conflicts of interest plays an important role in an individual’s life both personally and professionally. It can cause great harm to one’s career and/or reputation if not addressed

After working in an organization for around a decade, you started feeling that you are accustomed with your current organization and established a special position in your company. You have mastered all areas of your job profile, company started considering you a critical resource and involving you in company’s important decisions. It sounds as if this is what each one of us dream for but there is a darker side to it. Don’t look on the short term achievements, look from the long run perspective. Is this the right time to enhance your management skills or enhance your qualification? Ask the

An integral part of close project process is documentation of lessons learned, which later on becomes historical information. These documents are helpful to other project managers and teams later on. The lessons learned document includes the root cause of problems, cause of corrective actions, corrective and preventive actions, their outcomes, any unplanned risks occurred, mistakes made that could have been avoided, and other important details related to the project. The documentation of both successful and failed projects must be done, as this information can be helpful for future reference. Some project managers, however, do not document lessons learned and want

Project management office or PMO is the office established by organizations to create and maintain procedures and standards for project management methodologies. As per PMBOK 5.0 it is an organizational structure that standardizes the project related governance processes.  Types of PMO Structure: Some different type of structure includes Supportive: In this type the PMO provides templates, best practices and relevant training required for the project. The degree of PMO control is very low. Controlling: In this type the PMO support the project and ensure it is complaint. The degree of PMO control is moderate. Directive: In this type the PMO

Critical Chain Project Management (CCPM) is the method of planning and managing the projects, putting more emphasis on physical as well as human resources that are required for execution of project tasks. CCPM is the application of Theory of Constraints placed on the project. Often project task duration is set, in which the specific projects must be completed in a certain period of time. The overall goal of Critical Chain Project Management Method is to increase the completion rate of organizational project. This method helps the organizational leaders in identifying the system constraints and the available resources to find the