Estimate or Budget?

Estimate or Budget?

by | Jul 4, 2015 | Project Management

Are you working from an Estimate, or a Budget? These two get confused quite a bit. They seem to be the same, and one usually derives from the other, but they’re not the same. An estimate is an approximation of what your project (or piece of it) will cost. The budget...
Why is so much LINGOS PM “stuff” free?

Why is so much LINGOS PM “stuff” free?

by | Jun 27, 2015 | Learning

I have just had a conversation with someone, who asked, “Why is so much of your stuff free”? In other words, why aren’t you charging for e-learning etc. I was quite taken aback, I mean, if you believe in the power of learning to transform people, organisations and...
Framework, Method, or Process?

Framework, Method, or Process?

by | Jun 21, 2015 | Project Management

A big area of confusion in the world of project management involves the terms framework, methodology, and process. Unfortunately these terms are sometimes used interchangeably. That’s incorrect, and creates most of the confusion. So let’s look a the difference – One...
Rules vs Guidelines

Rules vs Guidelines

by | Jun 14, 2015 | Project Management

In the original Ghostbusters film, Bill Murray tells Sigourney Weaver that he never sleeps with possessed women. She then gives him a kiss at which he says “Actually, it’s more of a guideline than a rule”. It’s my favorite definition of the difference between a...
Are You Creating a WBS?

Are You Creating a WBS?

by | Jun 10, 2015 | Project Management

We’ve all heard it the old joke “how do you eat an elephant?” “One bite at a time.” One of the more common questions we see from newer Project Managers is “where do I start? I have a project, I know the scope, but I’m not sure what the next step is.” The next step is...

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