We need to look at project work holistically versus trying to optimize individual projects.
Successful project management is all about effectiveness and prioritization.
Repeatable project success comes down to critical capabilities with best practices.
These key findings can be easily implemented in all industries and all functions.
A lack of PM standards & processes leads to very different outcomes
Rushed project kick-offs with poor setup put projects on a path for failure
Weak execution capability & governance result in poor progress and results
80% of effects come from 20%
of the causes
Pareto Principle
Gaps to excellence can be measured - an Indicator for PM success
There are known and proven Best Practices in Project Management
A few Best Practices ("20%") determine probable project outcome ("80%")
Simplicity is the ultimate sophistication
Leonardo da Vinci
Cornerstone for excellence is having Critical PM Capabilities - results will follow
Robust PM Systems & Leadership are vital for repeatable project success
Implementation towards excellence is rather simple and straightforward
EXAMPLE
Client Project
Situation
Change in company's project management setup due to significant growth
PM Excellence Center asked to review and support effective transition
Goals
Achieve higher Efficiency
Maintain Project Execution Speed
Refocus on Results & Growth
EXAMPLE
Project Management Excellence Center Measures & Results
Improvement Plan
Focus: Setup of Projects
Organizational development in each area
Further development of PM Team
Result: Well-functioning & robust Project Organization
Focus: Planning of Projects
Solid tool to prepare seamless capacity allocation
Decision-making process to align project and functional goals
Result: Effective & efficient Resource Distribution
Focus: Execution of Projects
Big picture status reporting with Red/Yellow/Green logic
Effective project performance review at every level (Company - Accounts - Projects)
Result: Sustained Excellence in Project Delivery
