Project Management

Of the Business, By the Business, For the Business

Tom's latest eBook has been released on Amazon: "The 7 Myths of IT Integrations". Tom is also a Program Director for a large Midwest corporation and has been an adjunct faculty member at Walsh College. He has managed global web initiatives, data center moves and large multi-million dollar programs.

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“The project request queue is blowing out. The business is asking for project after project and every one of them sounds like it has a solid business case behind it. I thought this was a recession--someone needs to set the priority around here and the PMO doesn’t have the teeth--or the insight--to do it.”
 
Sound familiar? Especially when different departments within the same division of the corporation are making the demands? How do we get our arms around this chaos and try to wrestle, lead, steer, cajole and facilitate the right solutions for the business? One solution might be to get management to draft a mini “Magna Charta” to set up a governance board. This idea is just crazy enough to work.
 
Of the Business (The Problem)
The Founding Fathers and colonialists were faced with a similar development early in the history of the United States. One of the challenges they had to contend with was how to best use their new federal treasury funds for the needs of the struggling new republic. This resulted in too many competing agendas and towns wanting benefits from the new government equal to (or exceeding) their tax contributions. Times change but problems don’t.
 
Just like the early United States needed to decide between arms, roads and buildings for the new republic, many businesses today see similar challenges in how …

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