Mosaic Project’s Blog

  • The reference case for management reserves
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    Risk management and Earned Value practitioners, and a range of standards, advocate the inclusion of contingencies in the project baseline to compensate for defined risk events. The contingency may (should) include an appropriate allowance for variability in the estimates modelled using Monte Carlo or similar; these are the ‘known unknowns’. ... Read more »
  • Phronesis – A key attribute for project managers
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    Phronesis (Ancient Greek: φρόνησις, phronēsis) is a type of wisdom described by Aristotle in his classic book Nicomachean Ethics. Phronesis or practical wisdom[1] is focused on working out the right way to do the right thing in a particular circumstance. Aristotle understood ethics as being less about establishing moral rules and following... Read more »
  • The problem with project controls….
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    Preparing two presentations, one to the PMI Virtual Scheduling Conference last month, the other for ProjectChat in Sydney this week has started me thinking….  Why do so few project use effective project controls as a core input to project management decision making? Most projects that have project controls staff seem to use... Read more »
  • Two exceptional workshops at PGCS 2017 – 1st May
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    PGCS 2017 is offering workshops by Dr. Lynda Bourne and Dr. Keith Joiner in Canberra on Monday 1st May. Both offer a unique international viewpoint on very different aspects of project management. My (Lynda’s) workshop ‘Leading Successful Teams’ focuses on collaborative teams which are key to success in any business activity.... Read more »
  • Two ‘Not-to-be missed’ Conferences in May
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    The PGCS program for 2017 is now complete and offers two overseas speakers as well as Professor Peter Shergold – author of the landmark project management report to government “Learning From Failure”. To see what’s on at PGCS in Canberra between the 1st and 4th May go to:  http://www.pgcs.org.au/program/ In the... Read more »
  • New Articles posted to the Web #58
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    We have been busy beavers updating the PM Knowledge Index on our website with White Papers and Articles.   Some of the more interesting uploaded during the last couple of weeks include: New Article: Assurance for high-risk projects New Article: The origins of PERT and CPM New Casewatch legal report: Fitz Jersey v Atlas Constructions WP updated: Strategic Alignment. WP... Read more »
  • PMI Exam Scoring Information – Improvements are on the way.
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    For many people, the information currently provided by PMI on their exam performance has been less than useless. Being told you are ‘not proficient’, ‘moderately proficient’ or ‘proficient’; with the added helpful advice these terms mean ‘below average’, ‘average’ or ‘above average’ tells you nothing.  No one outside of the... Read more »
  • Project scheduling Update
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    1. A new paper looking at the origins of CPM has been uploaded to our PM-History page – http://www.mosaicprojects.com.au/Mag_Articles/P037_The_Origins_of_CPM.pdf looks at where the concepts that evolved into CPM and PERT originated. All of our papers can be found at: http://www.mosaicprojects.com.au/PM-History.html 2.  The PMI members’ only Scheduling Conference 2017 is going to... Read more »
  • Setting up a project controls system for success
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    A couple of hour’s hard thinking can make the difference between project success and failure!  Far too many projects are simply started without any real thought as to the best strategy for delivery and what control systems are really needed to support the management of that delivery – one size... Read more »
  • New Articles posted to the Web #57
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    We have been busy beavers updating the PM Knowledge Index on our website with White Papers and Articles.   Some of the more interesting uploaded during the last couple of weeks include: WP updated: Risk Management. WP updated: Project Definition. WP Updated: Project Strategy. WP Updated: Ethics and Leadership. WP Updated: Cost Estimating. And we continue to tweet a free... Read more »
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