Due to the large scale and outlook attached to them, mega-projects have a large opportunity for failure. Typically, the failure begins at the outset of the project, whether that be due to poor justification for the project, misalignment among stakeholders, insufficient planning, or inability to find and use appropriate capabilities.
Project management is challenging enough without the myths. The profession has come a long way since the 1990s and some of these myths are fading. However, we still see remnants of them in one form or another. Great projects cut through false assumptions and confusion, allowing their teams to make smart decisions based on reality.
Modular homes sometimes referred to as “factory built construction”, encompass a category of housing built in sections typically at a factory location. These houses must conform to local and regional building codes for the country the buyer plans to situate the dwelling.
The term ‘Modern Methods of Construction’ (MMC) embraces a range of technologies involving various forms of prefabrication and/or off-site assembly.
Project managers have the toughest job; you’re pulled in a myriad of different directions trying to please management, your team and your clients. While you are often asked to perform miracles with tight turnaround times, it’s your head on the block when things don’t go according to plan.
The phenomenon of “Big Data” exacerbates the tension between potential benefits and privacy risks by upping the ante on both sides of the equation. Any project can fail for any number of reasons: bad management, poor budget management, or just a lack of relevant skills. However, big data projects bring their own specific risks.
For the first time, millions of professionals across the globe qualified in ITIL ®, PRINCE2 ® and PRINCE2 AgileÃ¢”ž¢ will be able to track and record their professional development through a Continuing Professional Development (CPD) scheme as part of the new AXELOS Professional Development Programme, which launches today.
Large projects fail at an astonishing rate – more than 50%, by some estimates.