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Vadim Kotelnikov

By: Vadim Kotelnikov

Inventor and Founder

Ten3 Business e-Coach


Project Management Business Synergies Approach to Project Management Classic Approach to Project Management Entrepreneurial Leadership Creating Sustainable Value 1000ventures.com Ten3 Business e-Coach (full version) PROJECT MANAGEMENT: Two Approaches

Project Planning & Management Approaches

Targeted Market

Effective Approach

Lifestyle; change cycle is longer than duration of the project

Project Administration

Rapidly changing; highly competitive; change cycle is shorter than or equal to duration of the project

Business Synergies

Two Phases of Project Development

  1. Promising to deliver

  2. Delivering on the promise


The Six Phases of a Project

a joke by an unknown author

1.  Enthusiasm

2.  Disillusionment

3.  Panic

4.  Search for the guilty

5.  Punishment of the innocent

6.  Praise and honors for the non-participants

How To Reduce Lying in this World


  • Never ask project managers to write project reports... More

What is a Project?

Project is a one time work with a clear beginning, an end, and unique outcomes.

What is Project Management?

Managing projects is not the same as managing ongoing operations. This work that is unique and temporary requires different management disciplines.

10 Key Project Leader Skills

Project management is both an art and a science. The science of project management – goal setting, project planning, execution and monitoring tools – provide the foundation for success in any project.

Learning this basic science is requisite to practicing  the art of project management that encompasses political, leadership, and interpersonal skills, making and inspiring creative decisions, and much more.

Two Approaches to Project Management

  1. Project Administration – focuses on finding solutions within given constraints (output, time, and budget); characterized by an early design freeze that creates a stable target for the project; effective when duration of the project - or the time required to innovate - is shorter than the rate of change in the business environment.

  2. Business Synergies – focuses on adding value to the organization and maximizing return on investment; does not lock down design earlier than absolutely necessary not to miss a newly emerging opportunity; effective for managing innovation projects in the rapidly changing environment, where change cycle is shorter than or equal to the duration of the project

The business synergies approach is concerned with discovering possibilities for adding value to the organization, not with finding solutions within given constraints. This entrepreneurial approach to project management requires you to manage the project as if it were an independent business venture. But you must also manage with the larger organizational system in mind... More

Innovation Project Management: The Jazz of Innovation

The improvisation-driven model for innovation project management doesn’t discard structure, just as there is a clear structure to good jazz.

The Jazz of Innovation: 11 Practice Tips

In innovation, this structure is created through roadmaps, guiding principles, business processes, systems and organizational charts. Strategic-planning and road-mapping processes cannot guarantee brilliant flashes of creative insight, but they can prepare minds and increase the odds that such flashes occur in real time. Thus structure, as chords do in jazz, serves as a basis for improvisation, experimentations, discoveries and innovation... More

Radical Project Management

As radical innovation projects are characterized by higher levels of uncertainties – technical, market, and organizational, –  patterns of their journey to the marketplace are unlike those in incremental innovation projects... More

50 Rules of Project Management

Everyone asks for a strong project manager – when they get them they don’t want them.

The project would not have been started if the truth had been told about the cost and timescale.

Activity is not achievement.... More