Expect More !

One of the major drivers for hi-performance professionals is their hunger to ‘expect more’ from themselves. The constant urge to make it big in life, a consistent chatter in their mind about achieving something, making a mark, a solitude and resolve towards excellence, looking at oneself in high regard and capacity. These are all traits of persevering, motivated and driven individuals.

Seeking excellence is the way of life. It is conflux of your ambitions, experiences and achievements. However, these are the winning habits. One must cultivate this winner mindset with new skills and actions. One must consistently work to achieve and generate results and still continue to ‘expect more’

Happy Weekend Guys! Cheers!

Three Point Estimation In Activity Duration in Project Management

As you can probably guess, three point estimation uses three estimates when average come with with a final estimate. The estimate you will likely use in this technique are the most likely estimate (tM), an optimistic estimate (tO), and a pessimistic estimate (tP). The most likely estimate assumes there are no disasters and the activity can be completed as planned. The optimistic estimate is the fastest time frame in which your resource can complete the activity. The pessimistic estimate assumes the worst happens, and it takes much longer than planned to get the activity completed.

Techniques-

  • Triangular Distribution Formulae – tE = (tO + tM +tP)/3 = Time Estimate for Project Completion.
  • Beta Distribution Formulae- tE= (tO +4tM +tP)/6 = Time Estimate for Project Completion when backed by Historical Data from similar projects.

 

Love for Learning

In life, you should read, study and learn for the ‘love of learning’. An innate neurological activity, releases endorphins and happiness hormones such as serotonin and dopamine to propel you to learn with sense of peace and focus. This goes a long way. So next time you get to study, do it for the love of reading and learning and not just clearing exams. It reduces anxiety and brings alpha state of mind for maximum performance.

Consumer Insights & Project Management Combo

Success of your project depends upon higher IRR. IRR is the discount rate at which NPV becomes zero. For marketers, every campaign strategy should focus on research around consumer insights. All investment made in tools, tech, technique and strategy will deliver higher ROI and shorter breakeven cycle. For consumer insights, social,  search, survey, traditional and data visualization are the key. 

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Inspired Leadership !