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Category Archive for 'Project Management'

As a Consumer and Customer in the marketplace, you make purchases based on requirements – on your needs.  “I just tore the sleeve on my suit – better go out and by a new one.”  You also have expectations of the product as well, which you don’t necessarily think about when you are out shopping. […]

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A project team is collectively tasked to deliver … something.  It could be a new building, an IT application. And when the project is closed down, the project team will be disbanded. They will *not* be the caretakers, the people required to look after what was delivered and what must now become operational. So look […]

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Contracts can take time, a long time, to negotiate. And often, there is legitimate pressure to expedite, with diligence, the engagement of the Vendor. This is where the Letter of Intent (LOI) surfaces as an option.  An LOI is a type of letter issued to a Vendor to confirm the awarding of a contract and […]

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A Statement of Work (SOW or STOW) is a narrative description of the work to be performed, as part of a project. Very useful for work performed under Contract by a Vendor. When multiple vendors are engaged to deliver a project, multiple SOW will be produced. If the project involves only internal resources, an SOW […]

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When you hear ‘learning curve’, you’re probably thinking it means – how fast can you learn something. And there’s a built-in assumption – that once you’ve got it, you won’t forget it. Once you as an individual learn something, you won’t forget. Once your company and the team you work with learn something, you won’t […]

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There are probably as many answers to this question as there are people who have worked on a project, funded a project, or been the benefactors (or victims) of a project. Your comments welcome; please indicate the viewpoint you are responding from – team member, sponsor, benefactor/victim. Here are a few to start. completes on […]

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