Insights

14Mar 2025 by mistry_paresh No Comments
Unlocking Project Success : Beyond traditional metrics

Unlocking Project Success : Beyond traditional metrics

Articles
Globally, approximately 50% of projects fail to meet their objectives due to factors such as volatile environments and inadequate innovation in project management practices(1). For every $1 billion invested, $122 million is wasted due to poor performance(3). Studies show that 74% of IT projects face significant challenges, with 28% failing outright, often due to incomplete requirements, poor leadership, or lack of executive support(2,3). Additionally, 50% require material rework, and up to 25% fail to deliver a return on investment (ROI)3. What this means is that it is not enough to just execute a project on time and budget within scope, but rather determine if it delivered intended value or outcome for which it was undertaken. What is project success? While each project has its own context that determines what value…
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08Mar 2025 by mistry_paresh No Comments
Celebrating Women in Project Management

Celebrating Women in Project Management

Articles
Women are driving some of the most complex and high-impact projects across infrastructure, science, and technology—from urban transportation to space exploration. Their ability to plan, collaborate, and adapt makes them exceptional project leaders. Key Strengths of Women in Project Management: Adaptability and Problem-Solving: Women approach problems creatively, analyzing them from different angles to develop innovative solutions within constraints. They adapt quickly to changes, ensuring projects stay on track. Strong Communication Skills: Women are adept at bridging communication gaps, ensuring all stakeholders are informed and aligned. They excel at diffusing tense situations with empathy and understanding. Superior Organizational Skills: They manage multiple tasks efficiently, maintaining project timelines and mitigating risks. Their meticulous planning fosters a structured approach to project execution. High Emotional Intelligence: Women connect well with team members on an…
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26Feb 2025 by mistry_paresh No Comments
Fostering Collaboration & Success

Fostering Collaboration & Success

Events
Attended TiECon Pune 2025, my enthusiasm levels were soaring after an incredible experience with the event, organizers, and fellow attendees.The masterclass sessions led by esteemed leaders @KiranDeshpande, @AdvaitKurlekar, @SamirPalnitkar, @SagarBabar, @KishorPatil, @AjayBhagwat offered invaluable insights into the entrepreneurial journey and effective strategies for overcoming challenges.A standout feature was the Nurture Clinic, where individuals could seek personalized guidance from senior TiE members. I was fortunate to have @VishwasMahajan (pictured) as my mentor, who not only helped me overcome mental roadblocks but also committed to offering ongoing support.Moreover, connecting with budding entrepreneurs, sharing experiences, and mutually supporting each other reinforced the sense of community and solidarity on this entrepreneurial path.Being a TiE associate member, I consider myself fortunate to have been part of this enriching event. Grateful to TiE Pune for organizing…
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19Feb 2025 by mistry_paresh No Comments
Comparing Traditional & Modern PM tools

Comparing Traditional & Modern PM tools

Articles
For many organizations MS Office / Google docs is a popular tool for planning, documenting, tracking and reporting work. These tools are a drag on project managers productivity. Traditional Document based Tools Data integrity issues Manual data entry in Excel can lead to errors, inconsistencies, and a lack of data validation. Limited Collaboration MS Word & Excel are not designed for real-time collaboration, leading to version control issues and confusion when multiple team members work on the same file. Inadequate Tracking and Reporting MS Word, PowerPoint and Excel do not offer  advanced tracking, reporting, or visualization features, making it hard to get a comprehensive view of project progress. Manual & Time-consuming Many project management tasks are repetitive and time-consuming to perform in MS-Excel. While there are formulas, macros and scripts…
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15Jan 2025 by mistry_paresh No Comments
HR & Payroll Service Provider empowers team with Agile Transformation

HR & Payroll Service Provider empowers team with Agile Transformation

Case Studies
Need: Coach the software development team in agile release planning and delivery.Solution: We executed a transformation to empower a team of skilled software developers with Agile Delivery Methodology. Transitioning from working with vague verbal requirements, insufficient planning, and testing challenges to unsuccessful Go-Live endeavors, this team has encountered a spectrum of experiences. The team trusted us for implementing industry best practices in product release planning, requirements management, source code management, test management and release generation & deployment. The product release train is now on track to develop on cadence and release on demand.
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19Oct 2024 by mistry_paresh No Comments
To prompt or what to prompt, is the question

To prompt or what to prompt, is the question

Articles
Project professionals seeking to leverage GenAI tools must understand both the science and art of prompt engineering. Developing these skills is essential for applying them effectively to different project management tasks. This article delves into how GenAI tools can be utilized during the Initiation phase of a project. According to MIT, “Prompts are your input into the AI system to obtain specific results.” A well-constructed prompt can lead to an optimal response. In its simplest form, a prompt must include a context and an ask. For example: “I am new to project management and will be playing the role of Project Manager on a web software development project. Please suggest questions to ask during the project kick-off meeting.” To get a more suitable response, it’s recommended to provide a broader context, including the environment, desired…
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17Sep 2024 by mistry_paresh No Comments
The Ai Beanstalk

The Ai Beanstalk

Articles
Home/Insights Artificial Intelligence (AI) is increasingly resembling the fairy tale of Jack and the Beanstalk, where the beanstalk serves as an extraordinary bridge between the human world and a mystical realm.  The ease with which knowledge seekers and workers are utilizing this transformative technology is remarkable. For example, my tenth-grade daughter is using generative AI (GenAI) to research and write her Subject Enrichment Activity reports, while my wife, a middle school teacher, has been creating lesson plans using the technology. It seems I am catching up with them (and many others) in the race to become AI-literate. This has led me to explore how AI can be applied to my field of work—project management. AI tools promise to significantly enhance the quality, coverage, efficiency, and speed of delivery for project professionals.…
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12Sep 2024 by mistry_paresh No Comments
Software Products & Services provider realizes improved predictability of project success

Software Products & Services provider realizes improved predictability of project success

Case Studies
Need:  To improve predictability of its projects. Solution: To address the need,30-point projects assessment  revealed key areas of improvementsDefined framework that enabled ease of estimation & planning, monitor delivery quality & velocity, control scope creep & costs as well as predict time to completion  Developed analytics to gain insights into project performance for timely decision-making
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17Aug 2024 by mistry_paresh No Comments
Market research technology firm strengthens its agile implementation

Market research technology firm strengthens its agile implementation

Case Studies
Need: Enable teams to understand and implement Agile in its true sense. Outcome: To achieve this, Enabled project teams to understand Agile concepts as intended by the proponents of the Agile manifesto Provided practical knowhow for implementation of Scrum and Kanban methodsUsed experiential learning to develop appreciation for core concepts such as time-boxing and continuous improvement  
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