article thumbnail

Project Management Guidelines (Part 1) - What We Can Learn From Project Failures

Inloox

Another reason can be the influence of the project environment or a high number of stakeholders. " Probably the most famous of all management laws is attributed to American military pilot and aerospace engineer Edward Aloysius Murphy, Jr. Projects are becoming increasingly complex. Which is why there are numerous interpretations.

article thumbnail

PROJECT MANAGEMENT BENCHMARKING, an excellence enabling instrument

International Institute for Learning

Gap can also exist for performance improvement expectations such as: Reduction in risk by a certain percentage, cost, or time. But we view the transitioning risk template as proprietary knowledge not to be shared.”. As an example, the aerospace division of a Fortune 500 company benchmarked against their competitors.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

A History of PMI & Its Role in Project Management

ProjectManager.com

Given its vast influence, it’s important to have a basic understanding of PMI and its history. It goes back to the 1960s, when project management became a discipline in aerospace, construction and defense industries. The Project Management Institute also sets the standard for ethics in the field. Quick Facts About PMI.

PMI 279
article thumbnail

9 Inspirational Teamwork Examples

ProjectManager.com

Their music is the soundtrack of an era and continues to influence musicians to this day. This included teams of scientists, engineers and technicians, many who had not worked in aerospace before. There was no central government and the risk of the new nation falling apart was even more of a concern than it is today!

article thumbnail

6 Top Project Management Books for Engineers and Manufacturers

LiquidPlanner

The book covers a wide array of industries, including medical and pharmaceutical, aerospace, manufacturing, and more. What sets it apart from other PM books is the focus on applying PM techniques and principles to the beginning stages of a project to influence the budget, scope, and timeline as early as possible. Oberlender.

article thumbnail

Risk Management Resources

Herding Cats

Risk Management is essential for development and production programs. Risk issues that can be identified early in the program, which will potentially impact the program later, termed Known Unknowns and can be alleviated with good risk management. Effective Risk Management 2 nd Edition , Edmund Conrow, AIAA, 2003.

article thumbnail

A Compendium of Risk Management Resources

Herding Cats

This blog page is dedicated to the resources used to manage the risk encountered on software-intensive systems using traditional and agile development methods. Let's start with a critical understanding of the purpose of managing risk on software development projects. Risk Management is essential for development and production programs.