Author Archives: PMOExcellence

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PMOExcellence

Breaking the Build and the Bias: How to Overcome Sunk Cost Thinking in Tech

Sunk Cost Fallacy in Software Projects The sunk cost fallacy is the tendency to continue investing in a project or decision based on the time, money, or resources already spent, rather than current and future value. This can lead to … Continue reading

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The Salt and Pepper Principle: Clarifying Communication in Agile Teams

The “Salt and Pepper” story is a popular analogy in Agile planning that highlights the importance of clarity and shared understanding when defining work. Imagine you’re sitting at a dinner table and someone says, “Please pass the salt and pepper.” … Continue reading

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How to improve team’s efficiency -or- productivity ?

Parkinson’s Law is the adage that tasks expand to fit the time allotted for their completion. In other words, if you give yourself a longer timeframe to finish something, you’re likely to use up that entire time, even if the … Continue reading

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What is ‘Triple Constraint’ -or- ‘Project Management Triangle’?

Intended audience: Project Managers, Program Managers, Product Managers and Technology/Business Leaders The triple constraints, also known as the project management triangle, comprise scope, cost, and time/schedule. Here are the three key points for your consideration: Scope. Scope defines the project’s … Continue reading

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Enterprise Architecture – How to ask right questions based on Zachman’s Framework?

Zachman’s Framework for Enterprise Architecture is a comprehensive and structured approach for understanding and managing complex organizations, systems, and projects. It was developed by John Zachman in the 1980s and is widely used in the fields of enterprise architecture, information … Continue reading

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The Pareto Principle (80/20 Rule) for Product Managers and Software Engineers

The Pareto Principle, also known as the 80/20 rule, is a powerful concept that can significantly benefit software engineers and product managers in their roles. For Product Managers Feature Prioritization. The Pareto Principle is invaluable when determining which features to … Continue reading

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Ikigai for Software Engineers

Ikigai, a Japanese concept that translates to “a reason for being,” holds profound relevance in the realm of software engineering. It encourages software engineers to explore the intersection of four crucial elements: passion, vocation, profession, and mission. In doing so, … Continue reading

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Maslow’s Hierarchy of Needs

Abraham Maslow (1908–1970) was an influential American psychologist renowned for his development of the Hierarchy of Needs theory. His work has had a lasting impact on understanding human motivation and behavior. Maslow’s Hierarchy of Needs is a psychological theory proposed … Continue reading

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What is Murphy’s Law ?

“Murphy’s Law,” attributed to Edward A. Murphy Jr., is a popular adage that states, “Anything that can go wrong will go wrong.” The law reflects a perspective on the inevitability of things going awry or unexpected issues arising, particularly in … Continue reading

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3 Books to Begin Your Agile Product Management Journey!

“The secret of getting ahead is getting started. The secret of getting started is breaking your complex overwhelming tasks into small manageable tasks, and then starting on the first one.” -Mark Twain Agile is one of the product development methodologies. … Continue reading

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