Three of the fundamental project governance knowledge areas in the PMI PMBOK are risk management, issue management, and change management. To me they are very much related. A Risk is something that might happen that will have an impact on the planned project. An issue is something that has happened and is negatively impacting the project, essentially a Risk with probability 100%. A Change is an adjustment to the planned project to address the Risk or Issue.
This week’s post focuses on the closing comment of Chris O’Neil, MD of Goggle Canada, during a panel discussion on Innovation at Salesforce Company Tour: “Innovation is about getting people to learn quickly. That’s what fail fast is all about.” Thoughts on how innovative executives can foster a learn fast approach in their companies.
A report on the keynote conversation with JP Rangaswami, Chief Scientist @ Salesforce.com, at Mesh 13 in Toronto.
The one thing that having a foundation of experience in SDLC and Waterfall design methodologies has taught me is to have a strong appreciation of the requirements and design phase of the project. Agile methodologies focus on the same requirement/feature first mentality – bringing added value in prioritization of the requirements and chunking releases of these into smaller cycles.
Buy, Build or Partner is a business decision point where a company determines the best action to take to fill a gap in their market solution. Within this model, a company will develop a solution and core competencies around identified market problems. The build decision is based on the parts of the solution that aligns with their strengths, the buy decision on utilities and add-ons, and partner decision for anything else.