Thoughts - does Time trump Scope & Cost
06:36
We are in an age of integration and collaboration. Dependencies are critical aspects of how work gets done. This has always been the case but in the past we did not have enough maturity to realize the indirect impacts that occur when a project does not meet the schedule milestones.
Work organizational structure has shifted away from functional towards Matrix and Projectized environments, where different people from different departments and companies are now key members of a team. In the old days, the other stakeholders impacted just had to deal with it and the costs they incurred are rarely included in the project that missed the deadline. We are slowly getting to a point where the number one priority is Time.
Remember to ask that question and document it for every project, clarify with the Sponsors and communicate to the team, what is the sequnce of priorities so if trade-offs are needed, we know which ones cannot bend, example: 1) Time, 2) Cost, 3) Scope then 4) Quality.
We have covered this before, but always good to review, below is also a quick article about this:
PM-diamond-constraint.
Now getting back to the importance of time, below is also a neat little excerpt about the importance of it. This crosses over between work life and personal life which we all can do better at to help us manage our stresses. You may notice that one of the lines was added by me, I am sure you will guess which one :)
Work organizational structure has shifted away from functional towards Matrix and Projectized environments, where different people from different departments and companies are now key members of a team. In the old days, the other stakeholders impacted just had to deal with it and the costs they incurred are rarely included in the project that missed the deadline. We are slowly getting to a point where the number one priority is Time.
Remember to ask that question and document it for every project, clarify with the Sponsors and communicate to the team, what is the sequnce of priorities so if trade-offs are needed, we know which ones cannot bend, example: 1) Time, 2) Cost, 3) Scope then 4) Quality.
We have covered this before, but always good to review, below is also a quick article about this:
PM-diamond-constraint.
Now getting back to the importance of time, below is also a neat little excerpt about the importance of it. This crosses over between work life and personal life which we all can do better at to help us manage our stresses. You may notice that one of the lines was added by me, I am sure you will guess which one :)
To
realize The value of four years:
Ask a graduate.
To
realize The value of one year:
Ask a student who Has failed a final
exam.
To
realize The value of nine months:
Ask a mother who gave birth to a
stillborn.
To
realize The value of one month:
Ask a mother Who has given birth to A
premature baby....
To realize The value of one week:
Ask an editor of a weekly newspaper.
To
realize The value of one minute:
Ask a person Who has missed the train,
bus or plane.
To
realize The value of one-second:
Ask a person Who has survived an
accident.
To realize the true value of a missed project deadline
Ask a project manager
Time waits for no one. Don't let things get away on you!
Subscribe to:
Post Comments (Atom)
6 March 2020 at 22:21
J'ai acheté ce stylo réplique dans ce magasin.La qualité est excellente.pas cher mont blanc Je l'ai racheté plusieurs fois et le recommande à mes amis.pas cher mont blanc bonheur Ils louent tous la qualité du stylo et l'attitude de service du magasin.
20 March 2020 at 21:04
J'ai acheté ce stylo réplique dans ce magasin.La qualité est excellente.pas cher mont blanc Je l'ai racheté plusieurs fois et le recommande à mes amis.pas cher stylos pour dons Ils louent tous la qualité du stylo et l'attitude de service du magasin.
21 April 2020 at 23:34
I have always had a good impression of Ray-Ban.uk replica ray bans I just happened to buy it at this store. I chose this classic, I am very beautiful. discounted ray bans justin After that, I found that the activity price was 50% cheaper than usual or other e-commerce. Very valuable
28 April 2020 at 20:24
Le magasin a résolu des problèmes pour moi,pas cher air max le service est très patient, c'est une expérience de magasinage parfaite. Quand j'ai reçu les chaussures, je pensais que c'était une bonne copie des chaussures. pas cher nike air max 2013 homme J'aime cette boutique en ligne, les chaussures sont simples et élégantes. Très satisfait de cet achat.
29 April 2020 at 20:28
Tips for buying a copy here.swisss uk rolex watches People spend a lot of time searching on the Internet, and there are many copies of famous designer brands on sale here, and we can be sure they are of high quality and premium quality.replica omega railmaster watches This is my first time buying a replica watch. This watch surprised me a lot. The color is very understated and the quality is very good. Cheap
23 October 2020 at 04:37
The development and highly impactful researches in the world of Computer Science and Technology has made the importance of its most fundamental and basic of concepts rise by a thousand-fold. data science course syllabus
15 November 2020 at 00:05
I’m happy I located this blog! From time to time, students want to cognitive the keys of productive literary essays composing. Your first-class knowledge about this good post can become a proper basis for such people. nice one
data science course in India