Dealing With The Unknowns In Project Management

Dealing With The Unknowns In Project Management

We all live in an imperfect world. We can never expect to have complete information. Colin Powel, former Chairman of the Joint Chiefs of Staff and Secretary of State, uses the 40/70 rule. He explains that he never takes any action unless he feels he has at least 40 percent of the necessary information. He never expects to have more than 70 percent. To wait and try for more causes too many missed opportunities.

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In Which Type Of Organization Would You Fit? Explore Hofstede's 6 Dimensions Of Organizational Culture

Projects managers do not work in vacuums and as such, need to take some time to understand the culture of any organization in which they find themselves. One effective way of making sense of organizational culture is Geert Hofstede's 6 dimensions of organizational culture.

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Understanding The Difference Between Project, Program & Portfolio Management

One common area of confusion when studying for the PMP Exam is the difference between projects, programs and portfolios. PMBOK clearly outlines the difference between projects, programs and portfolio management. To help clarify the air on the difference between these three concepts, this post sheds some light on the characteristics of each.

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