Thumb rules rule indeed!!!

This I think will be a pre-final post. Here important observations that I had about project management will be documented.

There are various stages of any project. Though i dont know the specifics, but i'll put them under tags that may be useful

Thumb rule :
In any project,

• the documentation must not be too much or too less.
• the design must not be too complex or must not be spent too much time on.
• the venture or project involves accurate decision making. Decisions must factor calculated risks.
• only 20% of entire project work is project development, 20% is Monitoring and Planning. Every plan must be with a timeline/ time-frame attached to it.
• For every plan/design, one must do negative testing and look out for problems. Then one must have workaround for each of them. Having workarounds avoids problems and minimizes risks.

On meetings :

The project and the discussions which follow must have 

• Healthy Debate
• Active Participation
• Non-hesitance on the part of each member.

For any project meeting

• Value people's time. It is the most valuable thing one can ever waste.
• Every meeting must must and must have Purpose Agenda Limit 
• Anything during the meeting must not be discussed so much that it loses its flavor.

In the next and final post , i'll jot down observations that are vital and fundamental to our very existence.