Project Management

The Scheme of Things

Drew is a former IT practitioner, project and program manager and software development executive. He is the owner of Davison Consulting and the author of Project Pre-Check, the stakeholder practice for successful business and technology change, an innovative approach that delivers major business and technology change successfully.

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Do you really know why the project you’re working on has received scarce organizational capital? Are the reasons for undertaking this particular initiative versus another clear to all? Here is a framework for making sure everyone understands where the project fits in the scheme of things.

 
This is the fifth article in a series on best practices for managing change initiatives. However, instead of focusing on common, if still misunderstood, techniques such as business cases, risk management and change control, this series explores some lesser known and underused practices that can make a fundamental difference to the success of a project.
 
Changes are conceived and initiated for a multitude of compelling reasons. However, most are launched in response to four key factors: economic impact, competitive advantage, competitive risk or strategic fit. Investment evaluation assesses the rationale for change, the level of risk and a project's priority relative to other possible undertakings.
 
The source for the material presented here was forgotten long ago but our indebtedness to the author or authors remains. The practice has been refined and adapted over the years and has proven effective for one project, for a couple of competing projects or for an annual portfolio planning program. You choose.

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"Never look at the trombones, it only encourages them."

- Richard Strauss

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