Category: Cost Management

The lack of resources in projects

The deadline is coming and you realize that you won´t have enough resources to complete your project. Every Project Manager experienced or will experience the lack of resources in one point of his career. How to deal with the lack of resources? Avoiding lack of resources (Prevention): Prevent the lag or resources starts collecting the …

Continue reading

The quality cost

What is quality in a project? If we have a project that requires manufacture 10000 cardboards boxes for a luxury fashion house. How can we measure the quality in this project? Someone will tell us that the boxes should be resistant, others will request that the boxes should be provide with a cool design and …

Continue reading

Avoiding the project failure

How we can define the project failure? In a previous post “Measuring the project success” we saw that the fifth edition of PMBOK talks about the project success should be measured in term that of completing the project within the constraints of cost, scope, quality, resources and risk. Beyond the triple constraint there are more factors …

Continue reading