Project Management rule of Three Constraints (time, costs and quality): it embraces key matters such as project’s Time, maximal Costs allowed to be spent on it, and the level of Quality required for satisfying the customer. The core of this rule is an assumption that you cannot change any one of these three matters (once they are defined and included into the plan) without serious affecting two others, so that the whole project scope may suffer (get changed).
Project Management Rule of Seven: this usually refers to conception of seven matters that are necessary to organize and accomplish the project successfully. These items include:
- Good and deep analysis of the business environment you want to approach;
- Good understanding of the customer’s requirements and clear SMART goals;
- Create a rational, effective & reasonable plan to reach your goals;
- Build up a good team with clear project ownership and responsibilities;
- Track project status, manage success criteria and control measurements;
- Use Baseline Controls over customer satisfaction, manpower, schedule, costs, quality and time;
- Compose, share and update effective documentation for all tasks, procedures, etc;
Rules of Engagement: basically this is a set of rules saying that all levels of stakeholders should be engaged (represented) into the project’s planning and performance, so that they can reach consensus on their concernment, and their interests can be satisfied without missing or ignoring something essential.
Rules of Thumb: you always may have something that is tested and approved by your own experience and practice. Usual and common rules of thumb are the following:
- Plan is plan, and life is life. Life always adds its corrections into your plan, so be ready to make it more flexible, manage changes, do fast reviews, and pre-schedule some extra time for redoing some risky working tasks;
- Work with your clients very closely and regularly to avoid their dissatisfaction at the end;
The basic rules to live by are: to stay calm, communicate and explain your vision effectively, accurately recheck everything, delve into the core of problem and use good project management software, such as VIP Task Manager.
For effective managing your workforce in terms of costs, time and tasks – do the following:
- start your project management software;
- organize your project on the Task Tree view;
- plan and schedule your project tasks in terms of their time, costs, etc;
- assign tasks to employees and track their performance;
- analyze results via using Filters, Footers, Custom Fields to know if your project meets the schedule, working plan, financial plan or quality requirements;