Category Archives: Best Practices

Don’t re-invent the wheel

PMO Genius: Rule The Bizarro World!


When you manage projects, a big part of your effectiveness is derived from common knowledge and a database, not necessarily a formal database, of what works and what doesn’t. In the last decade, everyone in a corporation “knows” certain basic … Continue reading

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Barclays Scandal Shows Need for Better Executive Management Reporting


Bob Diamond, the former head of Barclays Bank, stepped down from heading the bank because of the LIBOR scandal. Essentially, LIBOR is a calculation that set the borrowing rate in the UK for different markets; for each of these markets … Continue reading

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PowerSearch: A New Way To Pay For Ediscovery


I don’t know about you, but I’m still sifting through all the information I collected during Legal Tech in February. Changes in ediscovery, Google’s release of their new Vault product, and Amazon’s ongoing reduction in the cost of storage and … Continue reading

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Money Laundering… The Vatican Connection


A lot of people were very confused when the Pope’s butler was arrested, and told it had to do the growing scandal at the Vatican Bank. Some said, “How does a butler have anything to do with Banking?”; others said, … Continue reading

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Stop Burning Money: Learning From JPMC’s Financial Mistakes


If you’re a long time reader of this blog, you know that for some time we’ve been discussing project management in the largest possible sense. For many, project management is all about managing the schedule and budget of a project. … Continue reading

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The Game Of Money Laundering, Part 2


In our last blog, we discussed the origins of money laundering and how it evolved over the years. We know that when criminal organizations create big piles of money, they can’t do very much with that money until it moves … Continue reading

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A Game Of Money Laundering, Part 1


Wherever  illegal money exists, there is a need to “launder” that money so that it can be used in the legitimate economy. In the earlier part of the 20th century, most “money laundering” schemes came from criminal activities. American and … Continue reading

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PMO Basics: More About Risk And Financial Crises


In our last blog we talked about Basel III and the need for better risk identification and quantification by international financial institutions. Today, we’re going to continue with this theme and look at the cyclical process that the financial markets … Continue reading

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PMO Basics: Understanding Basel III


If you work in a financial institution, big changes are on the way. Lessons learned from the financial collapse of the past few years, has led to new thinking about how financial institutions need to operate. Or maybe it’s old … Continue reading

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The General Electric Turnaround: Why We Can’t All Be Jack Welch!


Jack Welch is perhaps the world’s best known improvement guru. His transformation of GE not only took genius, it took guts and determination to convince a company that was doing pretty darn well that it had to do better. Not … Continue reading

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