Project Management Quotes

I have always been enamored with quotation and sayings that left me laughing for hours and could make me smile whenever I recall the said quotes.Project Management

It’s time to put a temporary lid on the serious stuff and make way to fun and very entertaining project management quotes from Stephen Seay’s blog, ProjectSteps. I have two recent posts which also tackled some of these project management quotes. These posts are Random Thoughts on Project Management and Random Thought in Project Management Part 2. In my opinion, quotes are a different way of providing us knowledge through a fun and entertaining way. Texts which could illicit a response from other people (regardless of the emotion) is something that I consider as an effective one.

Without much ado, here is another collection of project management quotes:

    Project Management Quotes
  • Quantitative project management is for predicting cost and schedule overruns well in advance.
  • Good project managers know when not to manage a project.
  • Metrics are learned men’s excuses.
  • For a project manager overruns are as certain as death and taxes.
  • If there were no problem people there’d be no need for people who solve problems.
  • Some projects finish on time in spite of

When Money is Not an Option

Money has always been seen as the best reward a firm would give to their employees for a job well done. Nowadays, this kind of method is not frequently practiced because of the lack of funds as well as for the money-saving efforts of firms.

What’s a manager to do? Relax, Take it easy. Money is not the only thing that could be used as a source of motivation by managers. In the article entitledManagement Style: Three ways to say thanks when raises aren’t an option, it showcased three methods which could help managers when money is not an option as a type of reward for the workers.

I decided to come up with my own guidelines which could somehow give managers an idea on how to manage their team if there is limited resources. Here are some of the things included in my guidelines:Сharity

    The Limited Managing Guide
  • Be resourceful – this is the time wherein a manager needs to maximize their resources and at the same time use anything that would yield favorable results to the team.
  • Do your research – research would be able to save you and the team lots of time in terms of finding

Wanted: IT People with Business Skills

What makes you unique as an IT worker?IT People

In the future, this could be the common question asked by HR staff when it comes to recruiting IT staff in the future. Gone are the days wherein an IT staff needs only to focus on their IT skills. In the news article entitled Business Skills Tip Hiring Scale, it revealed the survey results of the study done by SIM (Society for Information Management).

SIM is a Chicago-based organization for IT executives. The dats from the said survey came from the interviews conducted last year. There were 96 IT managers that were interviewed from different companies. The interview results revealed the different attributes that IT managers are looking for in the years to come. These attrributes are:

  • business skills
  • project management talents
  • technical talents
  • client-facing skills

Kate Kaiser, an associate professor of IT at Marquette University in Milwaukee remarked that the survey result is not a big surprise for them because of the trend happening in the IT industry. The professor also remarked that business skills are needed in IT staff because firms are now realizing the benefits of the IT industry hence the need to further enhance such benefits. Other results …

IT Spending: Up, Up, and Away

It looks like CIOs are increasing their IT spending in the months to come. This is according to the article CIO survey: IT spending projections rise steadily in Q1 which revealed the survey results of the CIO Magazine Tech Poll.

According to the article, the spending rate of CIOs are predicted to increase of 8.6% during the next 12 months, up from the projected rate of 7.8%. The survey results also revealed the following information:

  • 44.8% – rate of CIOs who said that they plan to increase spending over the next year (up from 40.7% last month)IT Spending
  • 13.8% – rate of CIOs who planned to decrease spending (down from 15.5% in December)

Aside from that, the poll also indicated the different functions which could be the target for increased spending in the months to come. These functions are the following:

  • storage systems
  • data networking
  • infrastructure software
  • computer hardware
  • telecommunications equipment
  • e-business applications software
  • outsourced IT services

As indicated in the survey results, the spending rate for storage systems was the strongest sector in the poll. The survey showed that 56.7% planned to increase their spending which is up from the original 49.7%. The second category indicated in the survey results …

IT Workforce: On the Brink

Gone are the days wherein people consider the IT field as the “minefield” for opportunities. A recent survey done by AFCOM showed an alarming trend in the world of IT workforce.

There were 179 IT managers who participated in the survey which aims to find out the latest trend when it comes to workforce in the IT industry. The survey results were able to reveal two relevant nformation:

  • there is an increasing rate of aging workforce in the IT department
  • increase rate in automation

Declining IT WorkforceWorkforce

This is one of the results revealed in the survey conducted. More than half of the participants revealed that at they need at least three months in order to fill up the senior-level technical and management positions that are vacant in their company. Aside from that, 38% of the participants revealed that they are employing less employees that they did five years ago. The survey predicted that by the year 2015, data center workers would decline by 45%.

The Retirement Trend

The survey also revealed that the IT workforce are fast approaching retirement age and replacement for these employments are not coming anytime soon. Nate Viall, a Des Moines-based recruiter who specializes in …

The Measure of Success

SuccessWhat is success in Project Management?

For most people, they view success in PM through the output that the project caused. On the other hand, some people view success in PM in the process-making of the said project. IThe article entitled Evaluating Project Success, Failure — and Everything in Between shows that “failed” projects could be caused by the standard of success that managers implement in every project. According to Chaos Chronicles, 66% of IT projects are unsuccessful in some measures. Measures that were mentioned are the following:

  • project fails completely
  • exceeds allotted budget
  • does not finish according to schedule
  • launched with fewer features and functions

In order to view the project as succesful or not, project managers must consider the process criteria as well as the outcome criteria.

Process-Related Criteria

  • Time/Schedule: Did the project finished on time?
  • Cost/Price: Did the project come in the set budget?
  • Product/Outcome: Did the project result in a product of acceptable quality and meet other product-related specifications?

Outcome-Related Criteria

  • Use/Purpose: Were the project’s resultant products/services used by its intended constituents?
  • Learning/Evaluation: Did the project increase stakeholder knowledge and better prepare the organization for future challenges?
  • Value: Did the project lead directly to the organization’s

CEOs: Pay Attention!

CEO Pay AttentionI recently posted an article entitled CEOs: Looking Forward to a Positive Future which shows that most CEOs are putting on a positive note as they face the year 2006.

In relation to that, a recent research done by Forrester shows the six economic trends that CEOs/CIOs should give attention to. These economic trends would help these leaders to plan their future actions as well as in implementing different business strategies. The research also indicated the reason why these powerful leaders should be abreast with the current trend stating that: CIOs and prudent IT groups should keep track of developments in the wider economy in order to anticipate and prepare for the challenges and opportunities their business partners will face.

    Six Economic Trends:
  1. higher energy prices and an increased focus on energy conservation

This trend means that firm leaders should shift their plans towards “conserving” rather than having an increase in IT budget on oil-based industries.

  1. greater risks of disruption from natural disasters and terrorist attacks

Leaders should anticipate the unexpected dangers brought about by natural calamities.

  1. aging populations and retirement benefit crunches

Due to these trend in employment, leaders should find a way to have quality workers in their

Verizon Joins the Offshoring Craze

Verizon, one of the leading names in communication is set to enter the world of offshoring providing through the 8.5 billion dollars worth acquisition of long distance carrier MCI.

Verizon remarked that they would enter the offshoring market through a management service in which the targeted market are business customers that are tired of leaving their IT-related functions to incapabe outsourcing firms and offshore management companies. Managed services are defined as a set of responsibilities which are transferred to a third party such as a carrier or an outsourcing firm by a corporation. Most of the services included in this industry includes network management/data management which is needed to complete its responsibility for a firm’s computing infrastructure.

Verizon said that it would make use of the skills that they have acquired through the acquisition in order to support the core IT resources of firms. The decision to outsource was brought about by the said acquisition and the growing demand for IT-specific offshoring skills. MCI, the acquired firm which is a long-distance telecommunications service provider had a strong background of network support for large corporations and government agencies. Through the experience of the acquired firm, Verizon is confident that they would …

Finding a Multicultural Leader

One of the advantages in offshoring is the money that firms save in terms of operations and hiring. On the other hand, one of the disadvantages mentioned in offshoring is the culture gap that the firm and their employees experience in this kind of business strategy. The best way to turn this disadvantage into an advantage is to pick an IT leader that is able to understand the culture of both worlds.

In the article entitled, Casting Call for Global Talent, it talks about how firms could choose the best leader in this kind of situation. Most of the time, firms determine the leaders for this kind of business strategy based on the common characteristics needed for a leadership position. Firms need to understand that in this case, they should consider culture awareness of a person because it is one of the big hindrance in establishing a peaceful relationship in offshoring.

In this case, people that were born in the said offshoring destinations but are also aware of Western customs are the best likely candidate for the job. As mentioned in the article, expatriates that are willing to go back to their place of origin are the best ones for …

Offshoring Jobs 101

As we all know, offshoring seems to be the number one business strategy that firms could think about whenever they want to implement cost-cutting strategies but at the same time still maintain the quality of work that they produce.

In the article entitled Report offers tips to protect your job from offshoring, it talks about the report done by Association for Computing Machinery (ACM) which focuses on the effect of offshoring in terms of employment as well as some tips which could help people from developing countries to be abreast with the growing competition.

Here are some of the results of the study:

    Offshoring statistics
  • offshoring could affect an estimate of 12-14 million jobs in the U.S.
  • offshoring could cause annual losses of 200,000 and 300,000 jobs
  • jobs that are subjected to offshoring could include call centers and business processing ones
  • 61% – rate of UK firms implementing offshoring work
  • 20% – rate of U.S. companies implementing offshoring work
  • 15% – rate of German firms implementing offshoring work
  • 5% – rate of European firms implementing offshoring work
  • 30% – toral rate of the world’s 1,000 largest companies implementing offshoring work

Aside from the statistics mentioned, the report also included tips …

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