Project Management News Digest from PM Advisor

In this latest roundup of news from the world of project, program and portfolio management we highlight news and articles which have caught our eye recently.

Customer

PROJECT MANAGEMENT

Who is the real project customer?

Brad Egeland offers a wise reminder that products are produced for the benefit of the end user.  Program and project managers rightly devote a lot of time worrying about benefits realisation, but those benefits will only be realised if the deliverable (or product) is used!

Why value for money is not just about the cost

Anna Patricia Valerio follows on the theme of benefits but from a very different perspective, one which it’s certainly important for us consultants to keep “front of mind”.

The CPO bringing the strength of the project manager into the boardroom

This super article reflects on how PMOs are often seen as an extension of the IT function, and looks at the value of the Chief Project Officer, and the very strong message the appointment rightly sends out to the organisation.  We have seen this used effectively where the top table recognise the fundamental value of P3 (projects, programs and portfolio) and it’s professional governance and that the necessary competence is not yet valued organisationally.
Twitter

Top 20 twitter influencers for project management

Lovely list, but we’re mystified as to why our @JWinLickey isn’t there even if we‘re not (sarcasm alert).
Linked In

5 project management groups to join on LinkedIn 

and sticking with Social Media for Project Management, this is a great list from the Wrike Blog – take a look.
 

PM COMPETENCE

We have 5 PM competence related 5’s this time:

Five

5 critical skills for successful project management

  1. Communication
  2. Organisation
  3. Planning
  4. Leadership, and
  5. Flexibility

5 career pathways for project management degree holders 

  1. Operations Management
  2. Construction
  3. Industrial/Product Development
  4. Information Technology, and
  5. Environmental

5 project management skills that will help you grow your business 

  1. Resource Allocation
  2. Time Management
  3. Budgeting
  4. Team Management, and
  5. Problem Solving

5 Common Project risks and what to do about them 

  1. Poor Leadership
  2. Staff Problems
  3. No Continuity
  4. Lack of Resources, and
  5. Change to Business Strategy

5 Critical project processes

  1. Risk Management
  2. Change Management
  3. Issue Management
  4. Resource Management, and
  5. Communications Management
and now you can take 5 reflecting on common sense.

Bring some common sense into your project management

Some great advice from Serhat Pala for keeping things simple, getting the fundamentals right and making informed decisions:
  • Put an astute project manager in charge,
  • Integrate parts into the whole, and
  • Leverage project management tools.

Authority vs. responsibility: or, how to get things done without actually doing them

Monique Verrier offer three tips:
  1. Involve the team in decision making where possible,
  2. Maintain strong positive 2-way relationships with the team, and
  3. Talk with other PMs who share your resources.

PM TOOLS

Project management essentials: Gantt chart (infographic)

B2C have shared this lovely info graphic from Wrike.
GANTT Infographic

Innotas announces new version of its cloud portfolio management solution

Innotas have announced a new version of their cloud portfolio management system, delivering improved efficiency for PMs and PMOs.

12 most striking benefits of using a project management software for business projects

This is a nice list which could help you put your business case across powerfully:
  1. Better planning, organisation and scheduling,
  2. Improved communication and collaboration,
  3. Perfect task distribution and timely completion of tasks,
  4. Centralised pooling of information, resources and files,
  5. Precise time tracking,
  6. Work on projects on the move,
  7. Collaboration over designs,
  8. Protection and security of data,
  9. Save time, costs and resources,
  10. Involvement and satisfaction of stakeholders,
  11. Accurate progress tracking, and
  12. Personalisation.

How to measure the ROI of project management software

This is a common challenge, as many feel uncomfortable justify their needs.  Jesse Jacobsen gives some useful advice.

PM METHODOLOGIES

Applying agile the right way at the right time

In “A call for Quality” Zack Naylor looks at why you should help your organisation make informed design decisions and create great software or service products that people love.

Project management methodologies: the framework for success

Udemy take you through a useful high level framework which can be a useful reminder to those of us deep in a project.

PMO/3PM

Creating a project management office-improving project outcomes 

Litcom provide some great first steps for creating a PMO:
  1. Understand the type of PMO that is needed,
  2. Determine the PMO’s roles and responsibilities, and
  3. Obtain senior management backing and support.

BUSINESS CONTINUITY

Top 5 biggest myths about business continuity

  1. Just put it in the cloud,
  2. The risk is actually pretty low,
  3. I don’t need to be involved,
  4. MY IT guys have it all in hand, and
  5. I have a copy of my data – that’s enough
Really – we’ve heard all of these too!

Doing More With Less

We are all under pressure to do more with less.

If you have a senior role in any organisation, 3% saving here or 8% saving there can be worthy of significant effort on your part.
Bottom Line
Consider for a moment your projects:
  • How many real projects do you have running?
  • Are your projects product developments, strategic initiatives, marketing projects, HR projects, new IT systems, important client projects/contracts/deals?
  • What are these projects costing you, and what are they worth to your organisation?
  • Are you tired of mediocrity from your project managers?
Last year around 70% of business project objectives were not met in the UK (or anywhere else for that matter) – they were seriously delayed, significantly over budget and/or did not meet their specified scope or quality.
By consistently using some simply implemented appropriate project management techniques and discipline, ProjExc clients have easily reduced those 70% failure rates to single figures.  In turn with the huge savings they have made, they have been able to invest in more projects and the benefits that they bring.
Project Management is increasingly recognised as the pre-eminent business competence for the 21st century, and yet all too often an organisation uses different (or no) processes, tools & templates to manage their projects and has project managers at hugely varying levels of competence.

Project Management Matters

Clearly project management matters to your organisation, but when did you last reflect on how much of your attention is focused just on the projects rather than the project management?
John Williams is lead consultant at ProjExc PM Consulting who help businesses realise their desired outcomes, on time, and within budget.