Tag Archives: Project Management

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

Posted on June 1, 2025 by PMOExcellence

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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Maslow’s Hierarchy of Needs

Posted on August 19, 2023 by PMOExcellence

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 ?

Posted on August 12, 2023 by PMOExcellence

“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!

Posted on October 18, 2014 by PMOExcellence

“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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Fortune 500 productivity gain worth $20M, 15-minutes at a time!

Posted on October 11, 2014 by PMOExcellence

This infographic shows how a small act by product/project managers can result into huge productivity gain. According to one estimate, Fortune 500 companies lose $80M in unproductive/ineffective meetings. PMs can take a first step by reducing meeting duration by just … Continue reading →

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Project Planning I

Posted on April 1, 2013 by PMOExcellence

This article outlines some of the areas you want to watch out as your plan your project. Anticipation. Think about requirements and solution blue prints during planning stage. Factor in risks and mitigation plans during this stage. This will help … Continue reading →

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Project Life Cycle I

Posted on March 29, 2013 by PMOExcellence

Project life cycle and quick checklist as you navigate through these stages. This is a partial list of important considerations to maximize chances of your project success. Initiate Receive formal go-ahead from project sponsor/s. Understand the project context including anticipated … Continue reading →

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Recommended reading for Project Managers and Technology Leaders

Posted on March 28, 2013 by PMOExcellence

Here are some interesting books to learn more about Project Management and leadership. The 7 Habits Of Highly Effective People by Stephen R Covey Good to Great: Why Some Companies Make the Leap…And Others Don’t by Jim Collins The Goal: … Continue reading →

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