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Abstract: Procurement of IT work packages has never been easy. The advent of agile delivery methodologies has only made this more complex. You used to be able to define your scope of work, deliverables and contract type (e.g. fixed price or time & material) to deliver this work. The flexibility to change product backlog content and priorities during project execution makes it more difficult to nail down the scope of a vendor work package up front, and changes the vendor behavior.
In this talk we will explore contacting in an Agile world from a Project Manager perspective. We will look at the most used contracting forms, and how they may impact your project. Agile contracting myths and realities
Goal of this talk is to arm Project Managers with information so they can:
- Understand impact of the contract form on project execution and project risks
- Have constructive conversations with your purchasing departments and potential partners to set your project up for success
PMI Talent Triangle: Technical Project Management
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Abstract: Transportation projects are impacted various risks which get compounded if the project is in an urban area. This paper studies this aspect through a case study approach. A global literature review was done to identify the risks associated with urban transportation projects and then a thorough study was conducted of the Mumbai Monorail project. The much-hyped Mumbai monorail project was the first monorail project in India, situated in the financial capital of the country-Mumbai. Mumbai Mono Rail was executed by Mumbai Metropolitan Region Development Authority (MMDRA) to provide a safe and affordable transportation system and also to reduce the traffic congestion on the roads. Due to various risks impacting the project, it has faced time delays and cost overruns. After several delays, the project started operation on 1st February 2014, however, due to several issues there has been a sharp decline in ridership and the monorail has come to a complete standstill since November 2017. Due to various risks in the project, it has not achieved the objective of resolving the transportation issue of that area and reducing the traffic on already overburdened roads of Mumbai. In the present scenario of fast-paced urbanization, this study is relevant for future planning and implementation of urban transportation projects.
PMI Talent Triangle: Technical Project Management
