Tag Archives: Project

Challenge the Status Quo

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

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Negotiation for Project Managers (1)

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.

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Common Cost Control Problems on Construction Projects

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

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Keep it Simple

Good project leaders make the complex look simple.  Poor project leaders add needless complexity.

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Project Manager – The Servant-Leader

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

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Communicate NOW!

Communication is the cornerstone of good project management.  Good things happen when project managers communicate!

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Real Estate Private Equity in India

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

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The Four Cs of Good Project Management Practice

So many theories on project management, so little time.  How do we distill all of the advice, ideas and principles into an elegant summary?  In the real world, we know that there are no packaged solutions for complex problems.  There … Continue reading

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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

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Information Management > Project Management Challenge or Opportunity?

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

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