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Project Manager Menagerie - The Stakeholders

 
Project Management Team

by MaryGrace Allenchey, PMP

A menagerie can be defined as an unusual or varied group of people. This dictionary definition is easily applied to, and almost a synonym for project or program stakeholders.

MAY MERRIMENT … PM VITAMIN C6

 
PMP management

by MaryGrace Allenchey, PMP

Tis May … ‘Tis May … The  Merry Month of May !!!

Merriment:…   shared delight… shared gaiety … shared exultation … shared enthusiasm … shared jubilance …. shared  vivacity … shared  pleasures ….

Imagine your enriched management experience when all stakeholders sustain merriment throughout the life-cycle of the project or program!

A PMP Project Manager's Best Friend

 
PM Diamond

by MaryGrace Allenchey, PMP

April… the Diamond month…. And as the cliché goes… A diamond is a girl’s best friend….  But we believe PM Diamond Dynamics is a Project Manager’s best friend!

A Diamond is the optimized or purest state of the element, carbon. The diamond is treasured for its value and admired for its brilliance.

PM Diamond Dynamics provides the strategic maturity model to optimize enterprise elements and capabilities in project, program and portfolio management-(PM).  It promotes and facilitates effective implementation of PM best practices, critical PMO-functions and PM professional development to establish and sustain PM-excellence.

March Management

 
March 2012

by MaryGrace Allenchey, PMP

As we begin the end of the 1st Quarter of 2012, it is prudent to reflect on the Magic of March… and its correlation to PM best practices.

4 Ways as a PMP to Assess Team Performance Capabilities

 
project manager job listingby MaryGrace Allenchey, PMP

When performance does not meet expectations, PMP project managers, program managers and even senior management all too often attribute and even dismiss the poor performance to “incompetent” human resources!

Trust but Verify with Jeff Cochran

 
By Mark Jankowski

Trust but verify, it sounds good in theory, but how can it really be implemented? At SNI, we typically advise our clients not to make adjustments to their prices when a potential buyer claims that one of their competitors is cheaper until they see hard evidence.

I asked my colleague, Jeff Cochran, for his thoughts, and with a chuckle he said he could tell me a story about how he recently implemented it.

I had a project; I needed to get my driveway paved. Being a negotiator, I knew that I needed to do good preparation. The first step in preparing was to collect estimates so that I would have alternatives. Therefore, I contacted three contractors, provided them with the details of the project, and collected estimates. Of course, all three estimates were different. The most and least expensive estimates were significantly different. The first contractor I called was an acquaintance. He gave me an estimate of $8,500 to do the job. The second estimate came from a contractor who I found from an ad in my local paper. His estimate for the project was $7,500. Lastly, there was a sign on the driveway up the road. When I called the number on the sign to inquire about the cost of my project, I got an estimate of only $6,000. 

Naturally, I was inclined to choose the least expensive contractor. However, his offer seemed too good to be true. I did some research, and sure enough, I found out that cheaper offers like the one I received for $6,000 raise a major concern that the contractor would skimp on materials. Not using the correct amount of asphalt on the driveway could lead to major problems.

Polish Your Performance

 
By MaryGrace Allenchey, PMP

At this time, in this economic climate, perhaps more than ever, it is necessary to make your capabilities as well as those of your organization SHINE…so you must polish your PERFORMANCE DIAMOND®.

To enhance your performance, you must possess the knowledge required to optimally perform the tasks of your profession. Organizations must also provide associates with knowledge of enterprise specific products and services as well as the required life-cycle functions associated with successful delivery of those products and services.

Getting a Raise Using the Prep Planner

 
By Mark Jankowski

In today’s economic environment, it is harder than ever to get a raise at work. On the other hand, people who have not had raises in several years may be in a great position to get that raise. When we talk about effective preparation, it is important to have precedents to establish the justification of the salary you will request. There are several precedents you can use:

Find out what other similar jobs pay (you can find them at payscale.com and glassdoor.com.)

Use prior percentages of increases that you have received in the past to justify that percentage again.

Uncover possible examples of ‘bonus for performance’ opportunities that have been given by your company.

Look for ancillary economic benefits provided to others in the organization such as company cars, additional vacation days, or opportunities to work from home.

While precedents are important to establish, the other elements of the preparation planner, such as you alternatives (and theirs), interests (what can you do to help the business make/save money), and walk away (your willingness to leave if you do not get the raise you want).

While asking for a raise in these challenging times is difficult, it is often said: “much is lost for the want of asking…”

Monetary Concession

 
By Mark Jankowski

People may use three types of tactics to make you concede your pricing.  They may start with “Give me a ballpark price;”  “You have to do better than that;” and “Let’s Split the Difference.”  Each of these is difficult to handle, and when combined throughout a discussion of price, they can create a “triple-whammy.”

Let’s take a look at how to manage each of these monetary price concessions.

Give Me a Ballpark Price


There are two ways to manage this tactic. First you should resist the urge to provide a ballpark price. Rather than giving a figure off of the top of your head, tell the other side that you would much prefer to be able to think about the issue more so that you can make a more realistic assessment. If taking this approach is not possible, then make sure to lowball your ballpark to prevent getting locked into a bad deal before the discussion even starts.

You Have to do Better Than That


Defend against this tactic by asking the other side, “How much better do I have to do?” Asking this will force the other side to at least put a stake in the ground before you bid against yourself with no commitment from the other side.

Introspective Innovation - Examining and Enhancing Oneself

 
By MaryGrace Allenchey, PMP

Introspective: looking into one’s own mind, feelings, capabilities, etc.

Innovation: process of making changes… new methods, techniques, devices, capabilities, etc.

Exploring the critical capabilities and expectations of project managers, I more often than not encounter senior management incapable of articulating their expectations for these managers, but “just know it when they see it”!

Opting to observe individuals who are deemed successful, effective, and even exceptional by their senior management, specific performance capabilities are always exemplified and therefore expected, in some degree, for each of the various Project/Program Management (PM) positions: Project Assistant, Project Coordinator, Project Manager, Senior Project Manager, Project Director, Program Manager, Assistant Vice President-PM, and Vice President - PM.

For each of these positions, the PDUs2Go course: Project & Program Management Professional Development and Career Program defines the performance expectations for the specific performance capability or professional dimension.

The following matrix, of typical expectations for a project manager, provides an effective assessment tool to examine your own capabilities and determine your enhancement opportunities.

 

Professional Dimension

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