Motivating portfolio management and Open Book Management (OBM)

Open Book Management (OBM) came up when John Case (Inc. Magazine) invented and determined the concept and started using it in 1993. Later on Jack Stack (SRC Holding) completed the OBM management model, after which it was applied and taken into use more generally. The basic idea of Open Book Management is to share information in the organisation more widely than just in relation to one's own specific job. The aim is to commit the ...

Thinking Portfolio as an IT project management tool at Pirkanmaa Hospital District

The Pirkanmaa Hospital District is a municipal federation of 23 municipalities. Its mission is to provide health care services that promote health and functional capacity and to promote scientific research and training to support this goal. The data and technology administration of the Pirkanmaa Hospital District provides data administration services for information systems, as well as telecommunications services, such as telephone, workstation and data transfer services. The administration also provides medical technology services, information services, ...

Five Basic Skills That Every Project Manager Should Have

Successful project management is the result of using the right kind of resources and strategies. At the same time, success or failure of a project depends heavily on the abilities of the project manager. Project management is not rocket science. But it still needs the manager to have certain abilities and qualities that make the process of managing and leading the team towards success. Here are the five basic skills that every project manager should ...

How to succeed in internal projects

A company has two basic kinds of project: external and internal. External projects have a paying customer; they make money, but internal projects waste it. At least that seems to be the sentiment in many firms. People think that internal projects are less valuable and less critical. The truth is that internal projects require the same level of attention and dedication as external projects. They use cash generated from customer projects to strive for business ...

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Six Lessons that Project Managers Could Learn from Elephants

Elephants are majestic creatures that have remained mysterious to humans though they have been domesticated thousands of years ago. Tales of their bravery and intelligence have been carried through generations which can teach us a few things about community life. Startups with brilliant plans and experienced project managers sometimes fail to implement their tasks or time or fail to recognize business opportunities and fall behind others.  Here are a few lessons that project managers can ...

Communication Tips for Your Project

Communication within a project can spell success or failure depending on the way stakeholders interact with each other and share relevant information at the required time. Though all team members working on a project may continue to interact with each other on a daily basis via email, status reports and inter office messaging service, pressure of work schedules sometimes may lead to missing important information. To keep project on track, project managers should have good ...

6 Things that Successful Project Managers do

Project management doesn’t end with handing out responsibilities and organizing meetings. Nor should it mean you are the one fixing the tiniest of issues that crop up. Good project managers know how to enable, empower and manage their teams to efficiently deliver business driven goals. Have a business driven approach A great project manager doesn’t just need good business acumen, he needs to be business focused. Motivated by the strategy of the organization and aligned ...