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Category Archives for Decision Making

Make Your Project Estimation More Reliable, Using the PERT Method

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.

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What is the Delphi Method? And How to Use the Delphi Method | Video

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.

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Avoid Sunflower Bias: Critical PM Priority | Video

Avoid Sunflower Bias | 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.

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What is Group Think? …and How to Prevent it | Video

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.

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What is Opportunity Cost? | Video

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.

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What is Sunk Cost? …and the Sunk Cost Fallacy? | Video

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.

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How to Handle a Difficult Project Sponsor: [7 Different Types]

How to Handle a Difficult Project Sponsor

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.

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Are You Making Proper Use of Dependencies and Constraints?

Are You Making Proper Use of Constraints and Dependencies?

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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What has Project Governance Ever Done for Us? [Ans: A Lot]

What has Project Governance ever Done for Us

Too often, Project Governance is seen as ‘worthy but dull’. Project Managers can easily believe it is nothing but an annoying intrusion into their autonomy. Senior managers find it a distraction. In addition, when they need to do it, these top people usually believe it is straight forward; they don’t need anyone to tell them […]

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