Category: -Business

The oldest community of project management practice: management in general. The building of the pyramids needed managers, likely a fairly large group, inside of which, values, principles, and project constructs must have been shared widely.

More recently, Peter Drucker declared that the primary purpose of a business is “to create a customer”. In this century, we have, at the vanguard of management practice pertinent to projects, the lean start up community, and Strategyzer®, the company that created the business model and the value proposition canvases.

“Tuckman Ladder”

Here is a one-minute explanation of a useful, long-standing model of project team evolution – the Tuckman Ladder. This model is useful largely as a way to inform team members about “where they are” in a project, from an internal/team perspective, that is, a way that does not rely on scope, schedule, or budget frameworks. […]

“Payback Period”

Here’s a nice 3 minute explanation of “payback period”. It includes some context and a useful worked example. Organizations typically have more ideas about projects they might like to do than resources to do them all. So, to decide which one(s) to actually initiate, they typically compare candidate projects in terms of business case and […]

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