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Business & Economics :: Project Management

January 1, 2012

Ten Tips For Smart Project Managers

Some of the less tangible aspects of project management, such as culture, how to break bad news and acknowledging limitations are just as important to success as schedules and budgets

Alfred Chiu, S & B Engineers and Constructors Ltd.

Projects have been undertaken by nations, private enterprises and individuals for more years than recorded history. Over the last three decades, project execution in the chemical process industries (CPI) has become almost standardized, with the general adoption of certain well-known project management procedures including the Front-end Loading (FEL) process and the “Body of Knowledge.” Those who are selected to manage the projects are generally the winners of rigorous elimination processes in their companies. You would have thought that everyone would get it right by now. But as every practitioner of the business knows, “war” stories of disasters abound; some of them making it to the business page of the news. What seems to be the problem? In this article, we focus on ten key areas in project management, where mistakes can have overreaching impact on the outcome....

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