Analyze the CAHSR’s $33B to $128B cost overrun as a case study in megaproject governance failure and scope creep. Compare California’s delays to the Shinkansen’s success for critical risk management lessons.
Ever jumped into a project management role only to find yourself without any actual projects? This can be particularly disheartening for Project Management Professionals (PMP®) who have invested years in gaining experience, studying, and training to pass the PMP exam and become certified (Project Management Institute, 2025). When the opportunity arises and you secure a
I In the ever-evolving landscape of project management, staying informed about economic trends is crucial. One key source of information is jobs report data, which provides insights into employment trends, labor market dynamics, workforce shifts, and is a critical aspect of economic decision-making. The labor market’s health significantly influences monetary policy formulation. Central banks closely monitor
For one reason or another, the original Project Manager who initiated a project will be moving on to new endeavors or reassigned while the project is still active; and then the time comes when that project needs to be handed over to another Project Manager. Best-case scenario the initial project manager is available to do
During the pandemic medical resources quickly became scarce causing healthcare professionals to prioritize everything from testing to treatments. Polymerase chain reaction or PCR testing laboratories quickly became strained as a surge of people with cold symptoms flooded health care providers or lined up at testing sites to verify whether they contracted the COVID-19 virus. Early
People generally do not like meetings as it sometimes seems like a waste of time with little takeaways, and nothing gets accomplished. With few rare exceptions, meetings do not produce any goods or services. While there are many articles and journals published providing guidance on how to run a meeting, Les MacLeod, a professor of
According to the PMBOK Guide, a stakeholder is “An individual, group, or organization that may affect, be affected by, or perceive itself to be affected by a decision, activity, or outcome of a project, program, or portfolio (Project Management Institute, 2017). Who or what actually falls within the definition is not as simple. There are
