Project Cost Estimates

Every project requires an expenditure of resources, including time money, and people (human resources).  Whether projects are conducted in-house by project management teams or outsourced to experts in the field, […]

Lean Innovation Cycle

The lean movement is based on reducing waste and improving value-added activities.  In lean manufacturing, for example, removing process bottlenecks and increasing quality eliminate waste and add value for the […]

Innovation Triple Constraint

What is the Triple Constraint? Project managers often describe the triple constraint as a key set of boundary conditions for project success. The triple constraint is composed of the scope, […]

Project Management in Innovation

By definition, projects are temporary in nature, require a skilled cross-functional team, and produce commercially valuable goods and services. Developing a new product certainly meets the definition of a project […]

Three Characteristics of Leaders

Leaders in product and project management often arrive at their positions through demonstration of excellence in technical fields. Newly minted engineering managers sometimes struggle to translate engineering skills into management […]

Cooking Up Innovation

Innovation Learning Process I used to be an absolutely terrible cook! I almost never cooked and when I did, even the toast would burn. Over the years, however, my cooking […]

Matrix Organizational Structure

Business today is complex. Companies must grow profits and constantly innovate to outpace aggressive competitors. Work is more challenging from a technological perspective, yet workers are being asked to do […]