It's often useful to look at organizations, their culture and how they approach strategic initiatives through the lens of other disciplines just to explore whether there are useful metaphors to be found. And that brings us to a fascinating comparison with astrophysics.
Find answers to these questions and more in this IT Strategy Practice Area. If you are new to IT Strategy, take advantage of the resources below and don't be shy about commenting or asking questions. If you're a seasoned pro, help others out and become an influencer. We welcome contributions from all sources and the more you participate, the more visible you become. Let us help you move down the road from "giver of sage advice" to "Thought Leader".
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If you perform business analysis, your work is vital to project and program success. To most effectively support your organization and advance in your career, you need to know how to apply BA to any situation and delivery method. The new PMI Guide to Business Analysis will help you achieve this! Get an exclusive preview, with in-depth insights, at the PMI Business Analysis Virtual Conference 2017.
Risk, cybersecurity, artificial intelligence, the Internet of Things—as technology transforms project management, PM professionals are either ahead of the game, or falling behind. Stay current and competitive with the 2017 PMI Information Systems & Technology Symposium. Exclusive to PMI members, this free, virtual event delivers a full day of intelligence on innovation and its impact on your PM career. • Gain insight into the tech-driven trends disrupting our industry, without leaving your desk • Network with the PMI global community while developing the skills organizations are looking for today—and tomorrow • Earn 6 PDUs • Get actionable intelligence you will not find anywhere else, tailored specifically for project and program managers Register today— Here are more details on sessions and speakers.
Overwhelmed by how technology is transforming project management? Looking to increase your productivity and learn new tech tools but don't know where to begin? No matter what your focus—medical, manufacturing, product design or otherwise—this virtual day of learning will deliver years of enduring value, with exclusive insights on how project managers are using new technologies.
How can you lead projects to double the impact in half the time? We asked ourselves that simple, but provoking question in May 2015. The aim? To rethink the way we lead projects and change that fact that only 30% of projects today succeed. Since then, 3 universities, 17 pilot projects and over 1850 dedicated project practitioners have experimented with and co-created what is today known as the Half Double methodology. A methodology not only based on the latest research, but on what works in practice. Suited for a reality characterized by complexity, chaos and uncertainty. A methodology providing you with the principles, methods and tools you need to capture the potential of your projects.
Project risks can give negative impacts on project objectives such as delay, cost overruns, decrease in quality and security aspects, then we can observe serious project failures. Risk management aims to identify the possible causes of threats and opportunities, to assess them qualitatively and quantitatively and to propose an action plan for risks deemed critical in order to decrease the undesirable effects on project objectives. Complex projects are affected by numerous risks and opportunities because of their complex organizational plan with a large number of stakeholders, complex planning with a long life-cycle, complex resource management, technical issues, and particular environmental factors.
Following her successful webinar, Consulting As a Service for Digital Transformation Program, Nathalie Bouchard, Executive Advisor and co-founder of Oneflexiwork, takes the innovative concept one step further and presents how it can support leaders in transforming their Digital Transformation vision into an actionable transformation program.
Lusail City extends across an area of 38 square kilometres and includes four exclusive islands and 19 multi-purpose residential, mixed use, entertainment and commercial districts. It is a comprehensive arena with leisure spots, residential buildings, commercial towers, avenues and public ports. Lusail, a true city of the future, will eventually accommodate 450,000 people. City includes 22 hotels with different international star ratings, making it an element of attraction for investment in Qatar.
This Excel sheet helps you track monetary trends for various project items and plots a graph summary based on your entries. Adapt the items and expenses to suit your project.
This Excel template helps you prioritize projects in your organization using objective criteria like strategic fit, economic impact and feasibility. You can adapt this template using other criteria that you can consider. This template helps you determine big-impact, top-priority projects for your organization.
This spreadsheet is used to calculate and compare the TCO (total cost of ownership) and CBA (cost benefit analysis) of multiple alternative solutions. This includes costs and benefits for not only the implementation, but also for additional years of maintenance.
This template can help project managers plan key planning and customer activities in preparation for go-live. It can be easily tailored for deployment planning for projects of all sizes.
애자일 변환은 어디에서 조직의 가치를 극대화 할 것입니까? 비즈니스 환경이 급속히 변하는 지역이나 고객 또는 이해 관계자가 서비스 또는 제품의 지속적인 개선을 기대하는 지역 일 것입니다. 민첩한 접근 방식으로 가장 이익을 얻을 수있는 영역을보다 효과적으로 파악할 수있는 유용한 방법을 제시합니다.
The Intelligence Community (IC) is an enormous, departmentally diverse community in numerous agencies, and covers a large range of individual intelligence efforts. Both law enforcement and the military rely on and make up part of the IC. Though the efforts are continuous and cyclical, there are numerous one-time activities that are not replicable, and are designed to answer specific questions for policy makers and other consumers of intelligence. The sum effect of an IC PMO may prove invaluable when trying to improve the efficiency and accuracy of the IC.
True story: A CFO told a VP peer about how he wished the CIO would learn to “stay in her lane.” Yet isn’t the CIO supposed to provide the information, infrastructure, technology and systems the organization needs to leverage its ability to do business, compete, grow and prosper?
Risk management can suffer from too little or too much supporting infrastructure, be it tools, techniques, training, templates or technology. Getting these elements right enables the risk process to deliver the expected benefits to the organization and its projects.
An organization that isn’t failing at anything is either paralyzed strategically or dangerously unaware of what’s actually going on. Indeed, successful organizations often fail more than faltering ones, but they leverage the experiences into positive stepping-stones.
Most of us don’t get the luxury of redefining how our organization builds strategy. We’ve got to work with what we’ve got. So, what should you do if you are the manager of a strategic project? How do you bridge the gap between strategy and execution?
Organizations are now starting to shift to a portfolio focus, viewing their strategic initiatives as part of an integrated whole rather than as standalone elements. When you take that integrated view, the success or failure of an individual project becomes less important—and sacrificing it becomes a real possibility.
Seeking and maintaining a strategic path forces us to be disciplined, which also requires energy, effort and sometimes a struggle that, in itself, we may try to evade. How can we stay focused?
Emerging technologies have rapidly become a major strategic innovative business driver—thus increasing new stresses and demands on organizations requiring nearly immediate transformation. How do project and program managers keep pace?
One of the biggest barriers to successful strategic change is the inability of the organization to absorb it. What’s the role of project management in helping prepare that environment?
There are a lot of challenges to implementing strategy, and they depend in large part on what you are managing—and the environment in which you are managing it. This article looks at strategic implementation from the perspective of four situations in which you might find yourself.
There is a direct line from the highest-level business strategy to your role as a PM. Your role is made easier when you maintain the work culture in a way that fosters implementation of the strategy. The three tactics explained here will help you.
Adaptive strategy is sometimes a response to fast-changing environments—and sometimes it’s just chaotic reaction. Here's how to use agile techniques to tell the difference between the two—and still achieve great outcomes.
Many PMs are given the organization’s strategic goals from management—but are rarely given advice and instruction for how they can best support those goals, or information on how the strategy will be implemented. Here are a few practical tips for how you can support your organization’s strategic goals.
When project managers are asked to lead strategically important projects, the stakes go way up. But the fundamental job remains unchanged—and that’s something PMs must remember. How do you ensure you don’t succumb to the pressure of being in charge of a high-profile project?
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