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It’s a tough challenge to track your projects in hands. It all about handling and observing people, equipment, time, money and materials to complete your project on time. To do it successfully, you need to keep an eye on 5 key areas of your project. 1. Time and Cost Put an hour aside every week to determine if you are likely to complete the project on time. To do this, identify any tasks that are running late and determine whether they are likely to delay the overall project. Then look for ways that you can save time by; finishing tasks earlier, delaying non-critical tasks to after the project has been completed, or gaining approval from your Sponsor to remove tasks altogether. You also need to review the total spend of the project to date against the original budget set. Identify ways to reduce costs by allocating cheaper resource, reducing the project scope, or boosting the efficiency of your team. 2. Resource Allocation You need to keep a constant watch on the percentage of time tha...

Inorder to define the scope of a project, you need to be a mind reader and need to have excellent analystical skills. The reason is that definition of Project scope comes early in the project,when no one really knows what the are the doables and undoables so everyone has a different opinion when asked. But if you don't define the scope early on, it will change during the project. You'll have moving goalposts which make it impossible to shoot for a success. So read these tips to get benefit from... The "project scope" covers all of the deliverables that must be produced to complete a project. You need to describe them in depth as early in the project as possible, so everyone knows what needs to be produced. Take these 5 Steps to scope your projects: Step 1: Set the Direction Start off by setting the direction for the project. Do you have an agreed Project Vision, Objectives and Timeframes? Are they specified in depth and has your customer agreed to them? Does everyon...

Congratulations !!! you've got a new project. What do you do next? How do you start up the new project quickly and efficiently? Read on to find out tips and hints on how to start a new projects Every time you're given a new project, take these steps to ensure you're on the right track from the start: Taking Responsibility: Before you agree to take on the responsibility of managing a project, make sure there is adequate sponsorship, and that you have adequate funding and resources to complete it on time. Your gut feel should be that the project is achievable and that whatever happens, you'll have the full support of your Sponsor through the project. If it's not feasible or you lack support, then solve these two problems first, before you start out. Clarifying the Scope: The next step is to review the scope of the project to ensure that all of the deliverables to be produced during the project are adequately defined. You don't want to get part way through the pro...

Are you interested in using project standards and best practices for your projects? It's not as easy as you might think. While there are a variety of standards on the market, they are usually published as a book which makes it harder to implement. So read on, to find out: A Project Standard is a documented set of guidelines to follow for undertaking projects. The two most popular Worldwide Standards are PMI® and Prince2® . They provide generic guidelines for all types of projects, regardless of the industry. These two Standards use different terminology and have different Project Life Cycles, so we suggest choosing only one standard to follow for your projects. To help you choose which standard to follow, PMI® Standard was written initially with the American target market in mind, so use this Standard if you are an American-based culture. Whereas Prince2® was written initially with the UK market in mind, so if you're an English-based culture, use Prince2®. Once you've mad...