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Project Management Best Practices: Key Processes and Common Sense

Source: www.amd.com
Topic: Project Management

Sort Desciption: practices but the steps that go into successful project management are not mysterious at ... The key to best practices in project management is no mystery; ...

Content Inside: Planning Assumption Project Management Best Practices: Key Processes and Common Sense RPA-012003-00030 2003 Giga Information Group Inc. Al rights reserved. Reproduction or redistribution in any form without the prior permission of Giga Information Group is expressly prohibited. This information is provided on an as is basis and without express or implied warranties. Although this information is believed to be accurate at the time of publication Giga Information Group cannot and does not warrant the accuracy completeness or suitability of this information or that the information is correct. Giga research is provided as general background and is not intended as legal or financial advice. Giga Information Group Inc. cannot and does not provide legal or financial advice. Readers are advised to consult their attorney or qualified financial advisor for legal and/or financial advice related to this information. 2003 Giga Information Group Inc . Copyright and Material Usage Guidelines January 30 2003 Project Management Best Practices: Key Processes and Common Sense Margo Visitacion Giga Position Organizations continue to look for the key to unlocking the mystery of project management (PM) best practices but the steps that go into successful project management are not mysterious at all they are standard procedures that if executed will improve a projects chances of success. The key word here is if. Projects fail because of poor planning and fuzzy requirements that cause a chain reaction of poor productivity. Regardless of size good projects benefit from careful planning and active management. Follow the 20/80 theory: Increase your planning process by 20 percent and you will reap 80 percent growth in productivity. Giga expects to see an annual 15 percent per year increase in formal project management practices during the next five years. Companies formalizing these practices will have to develop and actively use management procedures including planning a ...

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