Whisk through work breakdown structures by using WBS Chart Pro™
In the past, I used to create work breakdown structures (WBS) by brainstorming with my project team using a white board, sticky notes or by projecting my notes (old organizational hierarchy feature of Microsoft Office PowerPoint, a bullet list in Microsoft Office Word or the Gantt Chart view in Microsoft Office Project).
With WBS Chart Pro, you can visually create a WBS, as it should be, and then export the results into Microsoft Office Project. The bidirectional feature is really neat (changes in WBS Chart Pro get reflected in Microsoft Office Project in real-time and vice-versa). During your weekly progress meeting, you can use WBS Chart Pro to show a graphical summary of your project.
Go to Critical Tools to get more information and to download a trial version.
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Use three-point estimates to make contingency reserves more accurate
Remember that you are managing people in your projects
A client of mine installed SharePoint back in 2007 to manage a large program which comprised of twelve projects. Ten senior managers (not necessarily project managers) managed the projects. I chaired the monthly steering committee meetings and provided expert guidance on various aspects of the program.