Saturday, April 25, 2009

Project management in tweets ...

  • All business activities are in transition from innovation (rare and poorly understood) to commodity-like (common and well defined).

  • The characteristics of an activity vary during its lifecycle. An innovation is dynamic & requires deviation whilst a commodity does not.

  • How to manage an activity varies with the stage of its lifecycle. Which is why no single project methodology is suitable everywhere.

  • Successful project management is knowing when to use static (six sigma, prince 2) and when to use dynamic methodologies (XP, Scrum).