Questioning Value

The obvious thing to do isn’t always the right thing and the right thing to do isn’t always obvious. As we get working and busy our minds are often so focused on the task we’re doing that we forget how what we’re doing connects to adding value. For…

Management Reserves & Estimated Monetary Value

In project management, a Management Reserve is “an amount of the project budget withheld for management control purposes. These are budgets reserved for unforeseen work that is within the scope of the project. The management reserve is not included in the performance measurement baseline” (PMBOK).

There are three different types of management reserves identified in

Critical Chain

Eliyahu M. Goldratt became a master of project management through hard work and careful observation.  His ideas and contributions to project management would have gone unappreciated if he wasn’t also a good communicator. In this business novel Goldratt articulates problems typical with project management.  Through careful dialogue his characters extract perspectives on solutions that help…

Ignoring Stakeholders While Upgrading

When the United States Army isn’t deployed fighting a war, they’re supposed to be training for it.  As a part of the Executive Branch they are required by law to account for its use of authorized funding.  As the fiscal times reported in March of 2015 the DoD can’t account for $8,500,000,000,000.  One of the…

The Relevance of Enterprise Resource Planning

Enterprise Resource Planning (ERP) is an umbrella term for automated systems that combine multiple functions of internal business processing particularly in the capacity of the organization’s resources.  Although ERPs have evolved over the past years to the point where a Rip Van Winkle may not recognize their current implementation, they still exist and are by…