So what do we mean by the term Offshoring for the Newbie Project Manager?
“It is the relocation of business processes to a lower cost location, usually overseas”.
In theory this looks an almost “too good to be true” opportunity to increase profits through reduced production costs via the exploitation of cheap foreign labour. The expectation with respect to IT software development is a promise of cost reductions in the region of 30% to 40%. The management consultants convince clients that all you needed to do in order to encapsulate this cost saving into your balance sheet, is to carry out, with their help, an IT staff change-over similar to changing out an old car engine and replacing it with a new one made in India or China. Make this happen and “he presto you’re in the money”.
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How do you introduce risk & issue management into your project?
• Stage 1 Set-up a Project Organisation
- Designate a Project Sponsor
The first thing to do is designate someone as your project sponsor who will ultimately be responsible for the success or failure of the project, and as such will have authority over all the participants involved in the project, whether they are IT or business related professionals.
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This is a question, which I have rarely seen properly answered in any PRINCE II manual.
As with many things in life, the theory and the practical application of a concept are often two distinct sides of the same coin, which can lead to some serious difficulties. Over the years, I have audited many projects /programmes of work and most, if not all, of those which were subsequently discovered to be failures were characterised by poor /non-existent risk & issue management.
More often than not the project /programme managers responsible for these process failures, when challenged, refuse to accept that they had been running a project /programme of work with little, if any, risk and issue management present.
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Please click FREE Risk & Issue Log
These logs have been updated and improved as of 14/10/08 and now include an automatic risk & issue mitigation /resolution overdue date indicator. This means that for each risk /issue the sheet calculates how many days overdue from any given target resoltuion /mitgation date as compared with the current date. This kind of feature comes into its own when used in conjunction with our new Project Status Report due out later today IT Project Status Report.
These template logs contain some content from a real project so that you can get a feel for how to use them as part of an effective set of risk and issue management processes.
If you are wondering how to make risk and issue management work for you then I suggest you read the following How to make risk and issue management work ?
Posted by Kevin Brady on Wed 22nd November 2006 at 11:22 PM, Filed in Industry News
The second aspect of my visit to Florida, which left a deep impression on me, was a visit to the Kennedy Space Centre where we attended a lunch with the Astronaut Al Worden which at a price per head of $36.99 was far far too cheap for a good lunch and a honoured presentation by a real hero such as Al Worden. Al for those who do not know was the command module pilot for Apollo 15 between the 15th July and 26th August 1971 along with Commander David R.Scott and Lunar Module Pilot James B.Irwin.
Apollo 15 was the fourth manned lunar landing mission and the first to visit and explore the moon’s Hadley Rille and Apennine Mountains, which are located on the southeast edge of Mare Imbrium (Sea of Rains).
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