Online Webinar – Recorded Jan 23rd, 2014
Duration: 1 hour webinar Credits: 1 PDU Category A – Free PDU
Sponsored by: PMI Requirements Management CoP (REP #S055)

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Most Problems With
Project Requirements
Are Result Of Human Errors

Why are good and experienced project managers making bad choices that can dramatically affect the project?

The answers lie in human psychology. Often managers are making their choices not by logical and comprehensive analysis of the problem, but based on their own gut feelings.

This presentation includes a number of examples of how misjudgement can lead to major project failures.

Understanding a few basic concepts, such as how human mental machinery works, helps to improve project manager’s decision-making skills. Often manager’s decisions are affected by illusions, such as the illusion of the project being under control.

But what is the alternative to such intuitive decision-making process?

This presentation includes an overview of the project requirements management process. If a project manager and an organization follow such process, it usually leads to better decisions.

The presentation includes a number of case studies, illustrating how organizations significantly improved their performance through implementing requirements management process: Keystone Oil pipeline from Canada to US, Ryugyong Hotel in North Korea, NASA’s Constellation space program, destruction of major power station in Russia, and others.

The presentation also includes recommendations on how requirements management can be implemented in an organization. Requirements management is not only a sophisticated quantitative analysis. First of all, it is a collection of basic principles, which help project managers think their way to project success.

The presentation is based on the books “Project Decisions: The Art and Sciences”, published my Management Concepts, 2007, and “ProjectThink – Why Good Project Managers Are Making Bad Choices!” to be published by Gower in 2013.

Presenter: Lev Virine PhD, (LinkedIn profile) has more than 25 years of experience as a software engineer and project manager. In the past 15 years, he has been involved in a number of major projects performed by Fortune 500 companies and government agencies to establish effective decision analysis and risk management processes. He is the author of Project Decisions & ProjectThink and over 50 scholarly papers.

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