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B-BBEE LEVEL 2 CONTRIBUTOR

Patrick Bosch talks Project Management
Many a supervisor or manager of a small division or department has had the terror of being placed in charge of a small project.
Why terror? Because we fear what we do not know, and if we have no experience of how projects differ from normal operations, we try to treat the project the same way that we carry out business-as-usual. This is because we know that the usual operations work when treated in a certain way.
Unfortunately, this almost guarantees the failure of the project – which needs to be treated differently.
Bearing people faced with this predicament in mind, Numerator Technologies offers a solution:
Project Management Fundamentals is only a one-day course but it has inestimable value as it highlights the differences between day-to-day work and the project, giving your hands-on-supervisor level employees the insight and knowledge to use a few of the basic tools and the strategies behind successful project management.
It is also of value to the mid-level project manager as it reinforces the basics and the concepts behind who is the customer, the sponsor, the user, the stakeholders of the project
Further it reminds them of the roles which must be carried out in a project, which roles can be combined, and which roles must be separated.
It touches on risk management and on the scheduling of activities, how to deal with dependent activities and even how to run activities in parallel where possible to save time.
There is a focus on planning and on doing things in stages, using a step by step logical approach which reduces planning horizons and increases control.
Perhaps it’s greatest value is that it provides a common vocabulary and understanding to all the people involved in your project/s ,and this alone increases the likelihood of success, irrespective of your industry.
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For those people who do not manage projects frequently or regularly, this is the bread and butter of managing small to medium projects without investing in expensive consultants
The purpose of this article is to start a conversation.
For more information or details please PM me on LinkedIn ,mail me on
patrickbosch@numerator.co.za or 0833761514.
Irlene Reddy’s
insight on Risk
Management
Do we all really know the difference between Risk Management and Risks? Many people often confuse these two concepts and that itself is a bigger RISK!
So what is the difference? A risk is defined as the uncertainty of an outcome, where the outcome is either a positive opportunity or a negative threat. A lot of us only think about the negative threat and never about the opportunity that comes with it.
For example: You are thinking of extending your house. There are certainly some risks:
· It could go over budget
· it could take longer than expected
· the contractor could run off with your money
· and a whole lot more
Many of us would identify these risks and decide against extending the house without looking at the positive opportunity.
On the other hand, some of us would look at the positive opportunity:
· having more rooms for the kids
· more space
· extra guest bathroom
And so make decision to proceed WITHOUT identifying the possible risks.
Risk Management is about capturing both of these views and managing the project through the lifecycle so that you see the value in the investment: you want the outcome of the positive opportunity while identifying all the risks and managing these risks to ensure you have the desired outcome.
Numerator’s Risk Management Training Course will provide great insight to anyone that wants to be able to understand and manage risks in any environment. We will provide you with case studies that will allow you to adapt the concepts learnt as well as take you through a Risk Management Framework.
If you don’t invest in risk management, it doesn’t matter what business you’re in , it’s a risky business.