Tag Archives: Project
Effective project and business leaders challenge existing processes and question the status quo. They recognize the need to rethink assumptions and evaluate issues objectively. Preconceived notions and biases favoring existing thinking limit our critical thinking, and diminish our ability to … Continue reading
Project managers should take a lesson from Lao Tse (Tao Te Ching) when negotiating. That which does not bend shall break. Be flexible and nimble. Expand the zone of negotiation and make the pie bigger for all parties.
Here is a list of common cost control problems found on construction projects: Improper estimates, standards and budgeting techniques. Unrealistic budgets. Activities started or completed out of sequence. Inadequate WBS (Work Breakdown Structure) or insufficient WBS detail. Lack of management … Continue reading
Good project leaders make the complex look simple. Poor project leaders add needless complexity.
Project managers are not bosses. Instead, project managers are actually servants who must sacrifice for the good of the team; and must be willing to SERVE their teams, stakeholders and projects. Hence, the concept of the servant-manager who, in fact, … Continue reading
Communication is the cornerstone of good project management. Good things happen when project managers communicate!
By Deepti Chaudhary & Devesh Chandra Srivastava, Mint, New Delhi Dec. 28–More real estate private equity (PE) investors are turning developers, investing money from their funds into their own projects to shield themselves from the vagaries of the sector.A lack … Continue reading
Capital Asset Project Portfolio Management as an Integrated Management Methodology for Real Estate Owners
BY MATTHIAS EBINGER > NEW YORK UNIVERSITY > SHACK INSTITUTE OF REAL ESTATE > AUGUST 2007 In the highly competitive and fast changing real estate environment, organizations are increasingly assessing the impact of real estate ownership to the organizational bottom … Continue reading
Contractors and construction professionals are increasingly realizing that their success depends on their organization’s ability to process, manage, filter, keep and leverage information. We live in the age of information and therefore, we understand that our ability to sort through … Continue reading