How to Utilize Earned Value Management to Keep Project Time and Cost on Track

Earned Value Management (EVM) is a cornerstone of cost and schedule management for a project. It is used to determine how much value has been put into a project. This helps the project manager to report the progress of the project related to cost and schedule, so that adjustments can be made as needed to keep the project on track.

Carsten Howitz 11-14-2013 Read more

Don't Let Your Project Fail Because of Scope Creep

Many projects fail for several reasons. One of the major reasons is “The Scope Creep”. First let me define what the scope creep is and how it can sneak in on a project. When a project is fist defined the scope is always a high-level scope as defined in the Project Charter and the Preliminary Scope Statement. The high-level scope is often accompanied by an Order of Magnitude Estimate of the cost that has a precision of -50% to 100% of the estimated cost.

Carsten Howitz 10-15-2013 Read more

So, What is Scrum all About (Part 2)

Scrum resolves the three main issues with the waterfall model. Product is shipped eraly and often. Much less planning and much more doing and collaboration. Changes is expected and embraced.

Carsten Howitz 10-06-2013 Read more

Cost Management Knowledge Area

The cost of a project should be planned, quantified, and measured. The job of the project manager is to tie the cost to activites and resources, and build the estimates accordingly. Most projects start out with a high-level budget before we know the detailed costs. The project manager often gets a budget for the project. However, instead of blindly accepting the budget, the project manager needs to review the scope of the work and the duration estimates created in the Time Management knowledge area in order to come up with a realistic budget. Budgeting by working from the detailed level is called a bottom-up approach and is much easier than working from the top down. This article with cover all the areas needed to successfully manage the cost of the project.

Carsten Howitz 06-21-2013 Read more

So, What is Scrum All About?

If you work with software development or project management, you may have heard about Scrum, but do you know exactly what it's all about? If not, this article is just for you.

Carsten Howitz 05-06-2013 Read more

Risk Management: What is it and How is it done?

When executing a project, a project manager must be able to respond to risks that come up during the project. Is there a way to anticipate issues or risks to the project and plan in advance how to handle them? That's what risk management is all about. I will go through the different areas of risk management planning and explain how each area helps the project manager handle risks to the project.

Carsten Howitz 01-15-2013 Read more

Introduction to The Nine Project Management Knowledge Areas

As a PMP I often get questions about what goes into running a project. I will try to explain in a couple of articles the various components that make up a project. There are several ways to look at a project as a whole. You can view it as a series of processes. Some processes are executed in order and some are recurring processes that are executed at various stages throughout the entire project. You can also view the project from the different knowledge areas that are needed to execute the project. I will cover the knowledge areas in this article and go on to the processes in my next article.

Carsten Howitz 11-04-2012 Read more

Communication Management

So what is involved in communication management? Isn’t it just a few emails here and there to coordinate the project? No, it involves so much more and I will briefly go through the most important part of this particular knowledge area

Carsten Howitz 07-24-2012 Read more

An In-depth Look into the Integration Management Knowledge Area

In an earlier article about the nine project management knowledge areas I briefly went over the concept of Integration Management. In this article I will dig deeper into this fascinating area and make sure you get a better idea of what this area contains.

Carsten Howitz 06-18-2012 Read more


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