Intending to transform the established life insurance business of a leading insurer is a multi-dimensional challenge. It is also a story of the level of adaptability, perseverance and collaboration. In this case study of a leading Swiss insurance Company, the author shares the insights gained from the four-year journey as the company prepares for implementation.
Connect In Person
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.
The Manifesto for Agile Software Development might have been written for software development, but did you know that agile was based on lean, servant-leadership and other principles which can be applied to any type of project? This webinar will cover agile behaviors, practices and techniques which can be used regardless of industry or project delivery approach.
LEAN has been used primarily in manufacturing industries, however, recent trend is to use it for service industries as well, for identifying waste in processes and making the process robust and efficient, which in-turn drives the business requirements, aligning the requirements to project objectives thru LEAN.
February 2018 Book Club Intro: Implementing Positive Organizational Change - A Strategic Project Management Approach
Introduction webinar for the February 2018 Book Club Selection, Implementing Positive Organizational Change: A Strategic Project Management Approach by Gina Abudi
December 2017 Book Club Q and A Closing Webinar – The Business of Portfolio Management – Boosting Organizational Value
Closing Q and A webinar for December 2017 Book Club on The Business of Portfolio Management – Boosting Organizational Value by Iain Fraser
Save Time With Tools Templates
While numerous key performance indicators (KPIs) typically influence IT projects generally, the benefit of tracking all of them may be outweighed by the cost to do so. Therefore, each project must carefully select and manage those KPIs most relevant to its specific situation. This sample template can be used to define KPIs; also included is a table with examples of possible KPIs for each of the previously defined project-critical success factors (PCSFs) and a metric (measure and dimension) for each KPI. Use in conjunction with the article Determining IT Project Health.
Learn From Others
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.
Management philosophy believes that what is measured gets managed. Hence, metrics suggest whether the process is in order or needs external interference. They form the basis of control in any organization. Learn more about the key features of effective metrics.
How many of the current IT PM jobs will transfer under the auspices of the strategy realization office remains to be seen. But in all cases, we can assume that the new positions will not only require an expanded set of skills, but they will absolutely need an agile mindset. So how is a PM supposed to develop both new skills and an agile mindset working their current job?
Programs are strange beasts. We know they exist. We recognize they are complex. We acknowledge they take a different approach to manage successfully. And yet, what that different approach looks like is very often misunderstood.
A new program can be a confusing time for your team and stakeholders. What’s the program all about? How will we know that we have delivered? At this stage, the end goal may be as little as a vaguely defined strategic intention. Here are seven ways to make sure your program vision sticks.
The words “methodology” and “framework” are often used synonymously in project management environments. Let's clarify how and why they are different so that you can set a target for which approach and style make the most sense for your environment and organization.
In order to maintain the same level of service to citizens, federal and state agencies need to increase efficiency by applying innovative techniques such as the return on investment methodology. This article aims to provide an introduction to ROI methodology and provides an example of how the public sector can make its processes more effective by applying it.
An efficient frame of governance helps to ensure the strategic alignment of the organization with corporate initiatives and their realization. This article analyzes governance around projects with an organizational approach at the strategic level, at the tactical and portfolio level, and at the program and project level.
This is the fifth of six articles on best practices in benefits realization management and its integration into project governance. Here we address creating benefits realization strategies. This helps ensure clarity around post-implementation roles, engages impacted functions by involving them in determining monitoring strategies, and facilitates post-implementation monitoring and review processes.
Program and project managers are beginning to be challenged with the oversight and delivery of strategic initiatives brought about by emerging technologies. They are essential to address the changes necessary for organizations to operate and succeed in the emerging technology-intensive global business environment.
Just what makes any practice or process a “best practice”? Who establishes it? What are the criteria used? Here, the author looks at a number of criteria by which a process or practice could be tested to see if it truly qualifies as “best.”
As organizations navigate dramatic technological change such as digital transformation, conservative, “wait-and-see” strategies will most likely fail. There are risks to moving fast, but now the risks of complacency are far greater, and many businesses won’t recover from being slow to meet rapidly evolving customer expectations.
In an era of increased financial scrutiny, shifting competitive pressures and business disruption from evolving technology, organizations seek advice on how to drive performance. They can find this insight in the new 2018 Pulse of the Profession®, released today on PMI.org.
There is a strong correlation between the success of a start-up and the extent to which the entrepreneur executes on the disciplines of finding customers, enabling operations and managing resources. How can entrepreneurs gain insight into the link between the methods needed to manage projects and the processes of establishing a business?
Ask a Question