Category Archives for Decision Making
Better Decision-making and More Robust Choices – Top 10 Tips
The test of a ‘good’ decision is not the outcome. Here are ten tips to strengthen your decision-making process.
Continue reading...Failing Project: Do You Know When it’s Time to Pause Your Project?
It’s important to know when it’s time to stop – or at least pause, your project. So, we’ll look at all the reasons why you may want to do so.
Continue reading...Make Your Project Estimation More Reliable, Using the PERT Method
One of the hardest tasks for Project Managers is Project Estimation: predicting the future, despite the uncertainty. Meet the PERT method.
Continue reading...What is the Delphi Method? And How to Use the Delphi Method | Video
The Delphi method is a structured way to pool the opinions of experts to reach a solution. It helps with forecasting and can overcome bias.
Continue reading...Avoid Sunflower Bias: Critical PM Priority | Video
Sunflower Bias is when we turn to face the ‘brightest’ source in the room – and allow them to influence us beyond the rigor of their arguments.
Continue reading...What is Group Think? …and How to Prevent it | Video
Group Think is nasty. It leads to poor decisions… sometimes dangerous ones. So Project Managers need to know what it is, how it happens, and how to prevent it.
Continue reading...What is Opportunity Cost? | Video
There’s an old saying: ‘Time is money’. When working on one thing, you lose the chance to use your time more productively. It’s all about Opportunity Cost.
Continue reading...What is Sunk Cost? …and the Sunk Cost Fallacy? | Video
What is Sunk Cost? …and the Sunk Cost Trap, or Sunk Cost Fallacy? It’s an important concept for project management. In this video, I tell you what it is.
Continue reading...How to Handle a Difficult Project Sponsor: [7 Different Types]
A common challenge is how to handle a difficult project sponsor. We’ll look at seven types of difficult project sponsor, and strategies for handling them.
Continue reading...Are You Making Proper Use of Dependencies and Constraints?
Constraints and dependencies are two important, but misunderstood project management concepts. But you need them in your project definition and planning.
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