Friday, December 24, 2010

Project Success Criteria

Question: The primary project success/failure criteria involve time, cost, and performance.
Discuss how these parameters may be defined as project objectives to achieve the criteria.


Introduction

A project is a complex, non-routine, one-time effort limited by time, budget resources and performance specifications design to meet the customer needs.

The growth in knowledge has increased the complexity of projects because projects empower the latest advances. Nowadays, many companies focus on project management, as it focuses on achieving project objectives. It is important to apply managerial process and has its tools that give managers a good opportunity to succeed in achieving objectives.

The three parameters that could be defined to measure the successful or failure of the project are the constraints of time, cost and performance or quality. The successful of the project has been granted when they achieved those three parameters. As the project has its own limited time scheduled, limited cost and has to achieved the targeted specification, the failure may be comes from either one of the criteria or combination of the three criteria. Generally, failure of one criterion could sacrifice the others. For example; a project which delay in timely manner will increase the budget nevertheless the quality will be decreased.

Success Factors

There are many factors to the success of the project and it could be listed as below;
  • User involvement
  • Executive Management Support
  • Clear Statement of requirements
  • Proper planning
  • Realistic Expectations
  • Smaller Project Milestone
  • Competent Staff
  • Ownership
  • Clear Vision and Objectives
  • Hard-Working, Focused Staff
The difference between criteria and factors is fuzzy for many people. The Cambridge Advanced Learner's Dictionary describes a criterion as "a standard by which you judge, decide about or deal with something" while a factor is explained as "a fact or situation which influences the result of something".

Success Criteria

Many lists of success criteria have been introduced in the previous decades by various researchers. Primal success criteria have been an integrated part of project management theory given that early definitions of project management included the so called ‘Iron Triangle’ success criteria – cost, time and quality. (Atkinson, 1999, p338)

Project Objectives Related to Cost, Time and Performance/Scope

Client’s wishing to achieve their objective and they will appoint the consultant to propose the business needs and requirement. “Project Management is facilitation of the Planning, Scheduling, and Controlling of all activities that must be performed to meet project objectives”. (J.P. Lewis, Lecture note Day 1)

The planning, scheduling and controlling must meet the needs and expectation of Scope within Budget, on Time and Quality. (Safety and Sustainability) (Lecture Note day 1)

The process to meet the objective involves the internal organizational approach to manage the ongoing operations until completion of the project. The internal and external involvement includes;
  1. The project manager
Having a project manager is not going to guarantee the success of a project. He must have a number of skills to use during the project to guide the rest of the team to successfully complete all the objectives. Business minded, communication, responsiveness, process, results, operational, realism and technological skills are some of the most important skills a project manager should have to deliver success. It could be found in the fact that project manager’s results are difficult to prove and even more difficult to measure. If the project is successful, senior management will probably claim that all external factors were favorable. On the contrary, if it turns to be a failure, project manager easily becomes the scapegoat.

The client or the customer for a project has their own budget, time frame for completion of the project and scope of standard specification to comply with. As a project manager, his main responsibility is to make sure the project succeed within all these constraints. He should approach these constraints as project objectives to achieve the criteria.

For example one organization can gain profit through achieving strategic goals when a project is completed within the targeted time. The successful project also must bargain between the benefits of the organization and the satisfaction of end users to show their performance which can give a long term business through their capability and competency. However, the output must have a standard outcome which includes the proper finishing of maintainability, reliability and validity of the project.

2. The project team

Project managers are very lucky if they have the option to choose their project team. More often, their team is inherited to the project from various sectors of the organization. It is vital to have a good project team to work with, with core skills that can be evolved to core competences and capabilities for the whole organization. All members of the project team must be committed to the success of the project and the overall mission of the company. Apart from their skills and commitment, project team members should have clear communication channels to access "both the functional manager and the project manager within a matrix organization. Effective management of this dual reporting is often a critical success factor for the project" (PMBOK Guide, 2004, p215).

3. The project itself

The type of a project underlines some factors that are important to success. For example, if a project is urgent, the critical factor in that case is time. The stadium in India is expected to be fully operational due to 2010 Commonwealth Game and that is the primary target. However, the incident of the failure of the structure during construction has given the big impact to the cost to rectify within the limited time.

4. The organization

Top management support is the principal success factor, which means that no project can finish successfully unless the project manager secures true support from the senior or operational management. It is extremely difficult to work in a hostile environment where nobody understands the benefits that the project will deliver to the organization.

5. The external environment

External environment can be the political, economic, socio-culture and technological (PEST) context in which the project is executed. Factors like the weather, work accidents or the government’s favorable or unfavorable legislation can affect the project in all of its phases. Competitors should also be accounted as external factors which can challenge project success because the original project could be overshadowed by a more glamorous and successful project launched by another organization.

Conclusion

It is critical for a project manager to understand what the customer considers as a successful project. In order to avoid any surprises at the end of the project, there is an urgent need to identify the different perspectives of what success means before the project goes live. It is also vital to remember that success criteria are the standards by which a project will be judged, while success factors are the facts that shape the result of projects. Success criteria have changed considerably through time and moved from the classic iron triangle’s view of time, cost and quality to a broader framework which includes benefits for the organization and user satisfaction. An additional framework to capture success criteria depending on time was also described. As for success factors, they were grouped into five distinct sets and the literature views were find to contradict on the issue of how critical a project manager is to the final success of the project.

A common factor mentioned by many authors is senior management support for the project and it is recognized as one of the most important factors of all. In conclusion, early definition of success criteria can ensure an undisputed view of how the project will be judged and early detection of success factors will guarantee a safe path to deliver success.

Surely, focus on the project objectives and control the time, cost and scope will be the key to success and fail to control this parameter will cause failure of every project.

References
  1. Project Management-A System Approach to Planning, Scheduling and Controlling, 2010, Harold Kerzner 10th Edition, Project Management Institute.
  2. Atkinson, 1999, Project management: cost, time and quality, two best guesses and a phenomenon, its time to accept other success criteria, International Journal of Project Management Vol. 17, No. 6, pp 337-342, [Electronic]
  3. Cambridge University, The Cambridge Advanced Learner's Dictionary, 2005, 2nd Edition, Cambridge University Press, UK
  4. EMPM5103-Lecture Note Day 1. OUM-MPM-SEM1

Saturday, September 25, 2010

Make Money Online a fantasy or reality

Is it possible to make average $100 a day with blogging/article marketing? (I feel like if i could just make $3,000 a month my whole life would change for the better in every aspect.) What info products on this subject do you recommend the most?

YES! Absolutly. You can make a ton of money doing it!

You should grab a nice keyword list of about 100 keywords averaging about 100 searches a day in a GOOD NICHE! Make sure that page 1 has got at least one ot two other sites like ezine, article dashboard, squidoo

Then set to work...

The key is to write more. Don't worry so much about quality just chuck out as many articles based around your keywords as possible. I suggest using Google keyword tool because it's fucking fantastic!

What I like to do is throw in a bunch of LSI because on page optimization works a treat for this! You can find a bunch of these by using the related keywords section in the Goolge keyword tool. PLUS, sometimes you'll find some at the bottom of the SERPS.

REMEMBER: grab the URL's and put them in a text file. Check back in a couple of days to see if they're indexed and then begin to chuck some links at them. Just a few bookmarks and perhaps a few other smaller bits of duplicate content work just fine. Then grab the URL's of the small bits of duplicate content and chuck a couple of bookmarks at those. Then go to each of you bookmark pages and chuck a few bits of content at that and then a few more bookmarks at the content. -- At that point you can get articles to rank for just about anything!

SEnuke makes that last bit easy as pie. You can find it somewhere with Google.

Monday, June 07, 2010

How to Make $50 Every day with Neobux


This is a guide for how to make a REAL money with "paid to click" sites, without paying them a thing. The only catch is you won't be making $50 per day right off the bat. You will be making a few cents when you first start. The name of the game is called PATIENCE. Now with this method I won't be investing any money to earn money. If you have money to invest, by all means do it and you will see result faster than mine.

The key to making money on Neobux is through referrals. It's simple, If you don't have referrals, you won't make money. You can rent referrals directly from Neobux. The referrals are real people and cost 30 cents a month each. Some will be active and some won't. To "recycle" a non-active referral for an active one you have to pay 8 cents. It may seem like a lot, but it's worth it. If you don't recycle inactive referrals, you will lose money.

When you reach 75 cents by clicking on your own (if you don't invest money) you can purchase your first 3 referrals, this is where most people go wrong. It takes a few days to earn the 75 cents on your own and people are so eager to buy referrals that they just purchase as soon as their account reaches $0.75 , when people do this they do not realize that they do not have enough money to maintain their rented referrals and their referrals eventually are taken away because they can't pay for them.

Before you rent referrals you should earn $3 by clicking on your ads and then transfer it to your rental balance. This way you have $1 per referral and you will easily be able to recycle them if they are not active or pay to keep them for one more month. It will take a while to get $3 on your own, but this way you will be able to keep your referrals and exchange the inactive ones for active ones without the fear that you will not be able to pay for them.

Autopay is another must. As soon as you rent your first 3 referrals turn autopay on. Referrals cost 30 cents a month to keep. Instead of you paying for the referrals, they pay for themselves as long as you have autopay turned on. What it does is, subtract one of the advertisements your referral views each day and puts it towards the 30 cents that referral needs to stick around for another month. So you get one less penny from each referral, but they will be your referral as long as they are active.

Cashing out too early is a huge problem for people that use Neobux. When you request a payment it is INSTANTLY transfered into your alertpay or paypal account. In order to see if Neobux is indeed legit (which it is) many people will earn a dollar by clicking and then cash it out. Woo-hooo. You now have a WHOLE DOLLAR in your alertpay or paypal account. That dollar should have been put towards buying referrals. With this strategy you will be putting $3 into your rental balance before you buy 3 referrals. So $1 per referral. Keep renting referrals by increments of 3 (you can rent by higher increments later as your referrals make you more money) and continue until you have 300 referrals. This will take quite some time. This is where most people flake out. When you reach 300 referrals, stop buying referrals and just maintain the ones you already have. Keep doing this until the money builds up to about $100 and you can use $90 of it to pay for golden. $100 won't take very long at all to get once you have 300 referrals and once you upgrade to golden your earnings will DOUBLE. This is the great part. Golden costs $90 a year but instead of getting a cent for every advertisement your referral views, you get 1 cent. Your earnings double.

Keep renting new referrals after you upgrade to golden and don't cash out. Remember, you haven't cashed out at all, and you shouldn't until you have 2000 referrals. But when you do cash out, you will be able to cash out about $50 a day, and that's the end of the strategy.

It will also help you in your Neobux adventure to get direct referrals, with the use of your referral link, you can find your referral link in your members area.

***Hak Ciplak terpelihara*** (Di ceduk dari Forum sebenar NEOBUX)

Sunday, March 28, 2010

I Like Leadsleap Part 1

I really like leadsleap...

Simple dan bersahaja...cayalah bro...

Ini artikel dari beliau yang membuatkan aku agak teruja...

Title: Free Targetted Web Traffic


I just received $202.90 in affiliate commission from one of my niche websites that I have not touched for several years. Not bad, considering that I hardly spend time on that website.
In today’s blog, I’m going to explain to you how you can do the same.
What I’ve done is probably the most traditional form of affiliate marketing, where I create a content website educating people on a niche topic and recommend products that I’m affiliated to.
For years, the website has been receiving free targeted web traffic from the search engines. In fact, it has been ranking in the top 3 position in Google for some important keywords in that niche.
Not to beat around the bush, here’s exactly how to do it:
1) First, you need relevant content.
For example, if you are promoting stock trading products, your first move is to create a website teaching people how to trade the stock market.
To your visitors, your website should look like a good resource center where they can learn about stock trading.
But from marketing angle, your website is actually made up of articles that are written to target certain keywords so as to get free targeted web traffic from the search engines.
2) Next, you need backlinks.
With targeted keywords and great articles, the next element you need is backlink.
Keyword + Content + Backlinks = Endless Search Engine Traffic
Once you have these 3 elements, your free targeted web traffic will grow gradually on autopilot.
3) Lastly, you need to convert the traffic into sales
Knowing how to convert the traffic into sales is a science. Here I’ll share with you 2 common strategies:
- Give them headache, sell them Panadol
People love free info, but they prefer quick fix.
Using the stock trading example, while your website may be teaching people how to trade the stock market, you can easily recommend some trading ebooks that give them some surefire trading strategies.
Or if you are building a website about acne problem, you can easily recommend an ebook that teaches them how to get rid of acne in 7 days.
- Teach them how, sell them the tools
Your website focuses on providing the know-how. In order to do what you teach, you recommend your readers to use certain tools, which you are affiliated to.
For example, if you are building a stock trading website, you can easily recommend tools like brokerage firm, trading software etc.
That’s it. A simple and straight-forward way to make some affiliate commission using free targeted web traffic. The method may be old-fashioned, but it still works in today’s environment.

Monday, February 15, 2010

Projek FOREX 2010

Contest HIDUP BERANI UNTUK GAGAL telah pun tamat dan nama2 pemenang telah diumumkan. Tahniah kepada pemenang2 contest.

Pada 07 November 2009 yang lalu aku join EKSTRAPROFIT iaitu program yang menjadikan Foreign Exchange sebagai asas investasi. Pada masa tu aku boleh dikatakan 'Zero Knowledge' about FOREX walaupun tahu sedikit sebanyak tentang pertukaran wang asing. Setelah 3 bulan lebih ia berjalan lancar dan Alhamdulillah profit untuk bulan Januari 2010 adalah 16.83 % seperti screenshot dibawah.

Ekstraprofit ni dijalankan oleh saudara Brian Yunendar dari Indonesia dan proses pembayaran untuk yang diluar Indonesia adalah melalui Paypal. Program ini tidak memerlukan kita tahu tentang selok-belok FOREX kerana di Ekstraprofit, memang ada pegawai full time yg menjalankan TRADING. Aku join atas dasar, biar seseorang yang ahli menjalankan sesuatu kerja kerana 'Hanya Jauhari yang Mengenal Manikam". Sekarang, dengan tekad Hidup Berani Untuk Gagal, aku mengorak langkah kehadapan untuk mendalami ilmu jual-beli matawang ini...

Mencari ilmu tidak akan putus hingga liang lahad...kini aku kenal leverage, spreads, minimal/maximal deal, margin, lot size, stop out dan seumpamanya. Hingga kini aku masih mencari-cari lagi kerana terlalu banyak program2 atau broker2 dialam maya(internet) yg kita boleh jumpa. Type jer FOREX kat Google Search, berduyun-duyun yg keluar...Aku lebih senang dgn ini kerana tak perlu keluar jumpa org dan boleh buat bila2 masa saja jika kita FREE...yg penting komitmen mesti ada...

Aku cuba cari di Clickbank pun banyak yang bagus2 keluar. Aku baca, teliti satu2 dan pilih 5 yg aku rasakan terbaik...diantaranya...









3. www.zeroforex.com 



4. www.usdbot.com




Note: CLICK on the picture to read more info about the program.

"FOREX" is also known as "foreign exchange trading" or "currency trading". By buying and selling currency actively, you can make tons of money fast.

However, the most important thing is to find out which FOREX Guide programs you should spend time with, and which ones to avoid. The above are the Top 5 FOREX Programs that are proven to work.

Diantara program di atas, kesemuanya ada Money Back Guarantee so feel safe to join dan kita melangkah kedepan bersaing bersama2 ramai yang telah berjaya dalam bidang Dagangan Matawang Antarabangsa ini...

Ada juga program yang memberi kelas training untuk Forex. Pada masa ini, aku cuba buat trading latihan dengan status kewangan/exchange realtime.

Semoga semua mendapat kejayaan...

Thursday, January 21, 2010

Payment Dari Paypal


Tak semena-mena, aku dapat payment dari Paypal
Detail seperti di bawah…
Payment Received (Unique Transaction ID #xxxyyyzzz)
Business Name:PayPal Private Limited ROW Masspay
Payment Sent to:email aku@gmail.com
Business Contact Information
Customer Service Email:pppl_cashback@paypal.com
Customer Service Phone:+41 14089672648

Amount received:$2.00 USD
Fee amount:$0.00 USD
Net amount:$2.00 USD
Malaysian residents can only exchange funds with other Malaysian residents in Ringgits when using their PayPal balances.

Date:Jan 20, 2010
Time:11:12:31 GMT+08:00
Status:Completed

Subject:PayPal Private Limited ROW Masspay has just sent you $2.00 USD with PayPal
Custom Note:“You've got money! Thank you for participating in our Facebook WishList promotion. Your eligible earnings which comply with the terms and conditions of the campaign have now been deposited in your PayPal account. To claim it, log in to your PayPal account and click ¡®Accept¡¯. You’ll have 30 days to claim your money. Enjoy! The PayPal Asia Team”
Payment Type:Instant
Alhamdulillah… biarpun cuma $2.00 ada jugak hasilnya…
Mula2 hairan juga kenapa ada email dari Paypal mengatakan “Masspay just sent you $2.00 USD with Paypal”.
Lalu aku teringat October or November 2009 dulu, Paypal ada anjurkan Paypal Wishlist dalam Facebook. Aku cuma participate ala kadar jer… Yerlah just join pastu 2-3 kali post kat Facebook… itu jer…Rezeki2…
Entry ini aku ambil dari entry pertama di WordPress Blog, entah siapa yang akan baca ekk???
Tapi takper…just nak luahkan perasaan gumbira aku…hahaha…sesapa yg baca tu silalah tinggalkan komen, boleh juga kembangkan network… InsyaAllah… ada masa aku jengok link yang ditinggalkan…
Project PTC aku terus berjalan lancar walaupun agak bz kebelakangan nie…Payout dah 3 kali dan yang paling tak sabar nak tunggu FinePTC bayar aku $10,000 (USD tuh…terkini ada $6500++)… entah bayar entah tidak wallahualam…kita tunggu dan lihat…
Sampai jumpa lagi…salam satu Malaysia…

Sunday, January 03, 2010

Blog atau Website


Tengah cari idea nak tulis blog pasal???... teringat pada satu artikel dari Kenneth Leadsleap. Ini semua pasal HIDUP BERANI UNTUK GAGAL. Tengok tajuk entri Denaihati - Selamat Tinggal Blog ku Sayang, AJ aka Wawwi pula  tengah promote dan dah ada product sendiri. Aku? Masih Tercari2...
Denaihati mungkin nak hijrah dari blog ke website. Semuanya mesti ada perubahan dan peningkatan... tak salah nak beralih arah ataupun mungkin cuma gimik saja...hehehe...
Ok..berbalik kepada tajuk blog aku... explanation as below...
Should I start a blog or website first? I believe this is a common question many newbies ask nowadays.
To answer this question, you must first ask yourself what is your objective?
Are you trying to:
- sell your own product?
- make money as an affiliate?
- make money from advertising such as Adsense?
- Or you simply want to share your knowledge with the world (and make some money in the process)?
Sell your own product….
If you are trying to sell your own product, the answer is obvious. You should first have your product website.
You should focus your initial effort in getting traffic from joint venture and advertising, and building a list. You should not waste your time blogging to thin air (assuming you are totally new and has no traffic sources).
BUT as soon as you have a substantial list, say 1000 subscribers, you can start blogging, with 2 intentions in mind: 1) to build relationship and sales, and 2) to build search engine traffic “for the future”.
Make money as an affiliate….
With so many ways to make money as an affiliate, it’s impossible for me to cover the details here. But whichever way you use, starting with a blog is definitely not the fast way and certainly not the way I would recommend.
You can start with a presell website, advertise to get targeted traffic and sales. Or you can start with a squeeze page to build a targeted list.
You should start a blog ONLY when you have a list, and you should blog with 2 intentions in mind: 1) to build relationship with your list and make more sales, and 2) to build more traffic from the search engine.

Make money from advertising such as Adsense….
How about building many blogs on different niches, optimizing them for search engine traffic and monetizing them through Adsense?
Compared to static HTML websites, blog indeed offers a better alternative because you can easily make changes to your blog through templates.
But as your empire gets bigger, you may realize that it becomes troublesome to manage so many blogs, with so many different logins, databases and templates. I believe there are software that you can use to mass manage blogs, especially Wordpress self-hosted blogs. (I don’t use such software. If you have any recommendation, feel free to share it below.)
Note: If you want to use blog for this purpose, remember to remove posting date from the template and DO NOT show any post history by date. The reason is obvious. Since you are not going to update the blog very often, disclosing the posting dates will not do you any good.
Besides static HTML website and blog, another alternative is to start with .php websites. (Note: Wordpress blog is also a PHP website, but here I’m talking about simple PHP website without the need to install or create databases.) The advantage of creating website in .php instead of .html is that you can use the PHP INCLUDE function to build simple templates for your website. If you were to make some changes, you just have to change the templates instead of altering every file. If you understand HTML, you can easily pick up simple PHP language and learn to do it.

Share your knowledge….
Lastly, if you simply want to get online and share your knowledge, I advise you to start with a content website instead of a blog.

Before you think I am anti-blogging, read my explanation below:
If you are good at scrapbooking, you probably have some fundamental skills that you want to share. It will be better if you create something like an online learning center for scrapbooking fans, with organized scrapbooking tutorials that your visitors can study.

You can still have a blog, but it’s more for current issues, latest promotions, etc. Yet again, you should always build a list if you want to start a blog.
Itulah dia penjelasan dari Kenneth dan kalau anda nak berguru dengannya... boleh join di SINI!
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