Delivering Projects On Time – Every Time!
Project management body of knowledge has evolved considerably in the last fifty years, nevertheless effective project delivery (time/budget/scope) is akin to finding a needle in a haystack . Those few projects that are commissioned on time become front-page news – as if they were not supposed to complete on time ! Studies and research establish that existing project management practices are not successful. Software Development, New Product Developments, Construction; and Engineering projects – all fields of project management are equally impacted by time and budget overruns attributed to ineffective Project Management Technology. Is there a scientific way of managing projects which can deliver desired results? Project managers desire to have a perfect world that consists of (i) detailed plan with high-confidence estimates, (ii) best resources available, (iii) ideal vendor partners and (iv) final project specs that should not change. Projects a...