Showing posts with label small business. Show all posts
Showing posts with label small business. Show all posts

November 16, 2016

Managing Projects the PMI Way


Most projects have many moving parts. When you’re in charge of all those parts, you need to stay on track and be organized.

I am very proud to have taught the three project managers referenced in the Halifax Chamber's Business Voice magazine this month. Knowing how to manage projects 'the PMI way' helps projects large and small. Continue reading this insightful article (pdf).

July 14, 2015

Get Control of Your Projects

Project management is about getting things done, and it’s not just for large organizations. We all want to find ways to reach our goals more quickly and efficiently.

When thinking of our work, we can think of it as a list of items we want to achieve - this can be the basis for our projects. For example, running a marketing campaign or organizing the accounts better. List each item and note when you want it done.

It might be a long list. That's okay. The next step is to prioritize your list. Rather than diving into what can be done quickly (although that has value), take a step back and determine which item will give you the most return.

Although some items might seem urgent, are they important? Here are some questions you can use for prioritizing your work:

    * Which projects will help the me or the organization grow? If we are a small business owner, they might be the same thing. (For example, what can we do to expand our skills or move into new markets - think longer term.)
    * Which projects must I do to meet regulatory or legal requirements? (Can't ignore these but you can figure out when they really need to be done. Also, do you need to do them or can you delegate much of the work?)
    * Which projects can be done quickly? (Don't rush into these - there can be satisfaction from clearing them off your plate but sometimes doing the small items can mean we never make room for things that take more thought.)
    * Which projects can I delegate? (For example, by using services from a colleague in bookkeeping or marketing.) This one is sometimes hardest to do, especially for small business owners, in terms of control and knowing it is worth paying others for doing what they are skilled in so we can focus on our own strengths and services.

You are using "project selection criteria" and "project ranking" here.

For me, breaking down the work and prioritizing means peace of mind - and isn't that the reason for a control system?

October 23, 2013

Small Businesses and Project Management

This week is Small Business Week in Canada. Coincidentally, this week I had discussions with a couple of small business owners who were wondering if what they did was project management. Both of my friends, who work in totally different industries, said the same thing. They asked, “I think what I do is project management, but I’m not sure. What do you think?”

Well, I said, "Do you have goals that you work toward with deadlines?" Of course they do. That was really the basis of their projects. One colleague is in the real estate industry. Every house for sale is a project. The other is an account manager. Each account has several projects.

It was interesting to talk about how project management principles apply across industries - and no matter the size of the business. Because I am a business owner myself, I knew my friends deal with budgets and schedules. They certainly consider risks. And communications is a huge part of their projects. Procurement also figured in there, as did staffing.

Another thing we discussed was our businesses’ visions and strategies. This reminded me of how projects should fit in with the organization’s vision and strategy, no matter the size of the business. I know that a few times I've gone off course from my selected vision and strategy - not a recommended practice.

So, are small business owners also project managers? Of course! It’s practically a way of life.