The 5 Fundamental Laws of Project Management
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The document outlines the 5 fundamental laws of project management according to Albert Einstein's insights: 1. You must take stock - Evaluate resources, measure success, and envision tools needed. 2. You must manage your time - Schedule backwards from the due date, segment goals, and focus on critical tasks. 3. You must map the critical path - Identify key deliverables, pinpoint necessary steps, and track progress. 4. You must identify risks - Meet with the team to discuss risks, prioritize threats, and plan for potential issues. 5. You must communicate effectively - Share actionable insights, allow collaboration, and use transparency tools. Following these laws will help complete projects and provide value.
The 5 Fundamental Laws of Project Management
- 1. The 5 Fundamental Laws of Project Management * * with some insight from Albert Einstein Presented by @smartsheet
- 2. A lbert Einstein was one of the greatest physicists of our time. But he was also a philosopher, with profound insights on science, religion and life. So in a little twist, well handle the science part of project management and let Einstein talk philosophy.
- 3. Law # 1 You must take stock
- 4. Law # 1 You must take stock If the facts dont 鍖t the theory, change the facts.
- 5. Law # 1 You must take stock In other words, if you dont have enough resources, your project will fail. Heres how to make sure you do: Evaluate Understand the goal and ensure you have enough people to make it happen. Measure Have a method or tool for tracking success (and know what success is). Envision Put tools in place that will help you work better.
- 6. 2 Law # You must manage your time
- 7. Law # 2 You must manage your time I never think of the future. It comes soon enough.
- 8. Law # 2 You must manage your time In other words, time flies. Make sure it doesnt fly by you. Schedule Start with the due date and work backwards. Segment Break the end goal into smaller manageable parts. Focus Only spend time on critical elements.
- 9. 3 Law # You must map the critical path
- 10. Law # 3 You must map the critical path If you cant explain it simply, you dont understand it well enough.
- 11. Law # 3 You must map the critical path In other words, define whats truly important. Identify Establish key deliverables and assign due dates. Pinpoint Determine exactly what must be done and make it happen. Track Use a tool, like a Gantt chart, to stay on track.
- 12. Law # 4 You must identify risks
- 13. Law # 4 You must identify risks The world is a dangerous place to live; not because of the people who are evil, but because of the people who dont do anything about it.
- 14. Law # 4 You must identify risks In other words, if you dont think about bad things, then bad things will happen. Talk Meet with your team and identify risks. Prioritize Determine which risks pose the biggest threat. Plan Be ready if the risks become real.
- 15. 5 Law # You must communicate 艶鍖仰艶界岳庄厩艶鉛霞
- 16. Law # 5 You must communicate 艶鍖仰艶界岳庄厩艶鉛霞 Information is not knowledge.
- 17. Law # 5 You must communicate 艶鍖仰艶界岳庄厩艶鉛霞 In other words, dont just clutter a persons inbox. Make every message count. Enlighten Stick to actionable data and insights. Collaborate Allow ideas and information to be shared. Clarify Choose tools that enhance transparency and communication.
- 18. Follow these 5 laws ... 1 You must take stock 2 You must manage your time 3 You must map the critical path 4 You must identify risks 5 You must communicate effectively
- 19. ... and youll not only complete a project, but youll have added a real contribution to your company.
- 20. Or as Einstein would say, Try not to become a man of success, but rather try to become a man of value. (You dont have to be an Einstein to know he meant women, too.)
- 21. Learn how millions of people are working more productively than ever before with Smartsheet. www.smartsheet.com @smartsheet