Unlock the Value of Artificial Intelligence
Calculating Project Value,
Nontraditional Project Management,
Categories: Agile, Benefits Realization, Best Practices, Calculating Project Value, Change Management, Complexity, Innovation, Leadership, Leadership, Nontraditional Project Management, Portfolio Management, Program Management, Project Delivery, Project Planning, Project Requirements, Roundtable, Strategy
By Peter Tarhanidis
Artificial intelligence is no longer a tool we’ll use on projects in the future. Right now, many organizations are formalizing the use of advanced data analytics from innovative technologies, algorithms and AI visualization techniques into strategic projects.
The maturity of advanced data analytics is creating an opportunity for organizations to unlock value. The McKinsey Global Institute estimates AI’s global economic impact could climb to US$13 trillion by 2030.
As an example, in the healthcare industry, Allied Market Research reports rising demand for data analytics solutions due to the growth in data from electronic health records, among other factors. The global healthcare analytics market was valued at US$16.9 billion in 2017, and the report forecasts it to reach US$67.8 billion by 2025.
The Evolution of AI Maturity
Everyday examples of these solutions range from simple automated dashboards, remote check deposit, Siri-like assistants, ride-sharing apps, Facebook, Instagram, autopilot and autonomous cars.
Tips on Successful Transformation
As a project leader, take these steps to avoid key pitfalls:
Please comment below on what approaches you have taken to enable advanced data analytics in your role or in your organization.
High-Performance Teams Are Purpose-Driven
Education and Training,
Human Aspects of PM,
New to Project Management,
Nontraditional Project Management,
Reflections on the PM Life,
Categories: Benefits Realization, Best Practices, Career Help, Change Management, Communication, Complexity, Education and Training, Facilitation, Generational PM, Human Aspects of PM, Human Resources, Innovation, Leadership, Lessons Learned, Mentoring, New to Project Management, Nontraditional Project Management, Program Management, Project Delivery, Project Failure, Reflections on the PM Life, Risk Management, Stakeholder, Strategy, Talent Management, Teams
By Peter Tarhanidis, Ph.D., M.B.A.
Program teams should collaborate like a world-class orchestra.
This ideal state of team engagement and performance requires the presence of several key elements, including an engaged sponsor, a governance committee, a project manager and a status dashboard to communicate performance.
However, maximizing this level of performance is especially challenging when working with cross-functional groups, external stakeholders and shareholders. This increases the complexity of the human performance aspects of team management.
I recall one assignment I worked on that required the team to design and build a new centralized model to bring together three different operations. The team was given two additional challenges. The first challenge was to consolidate disparate teams into two geographic centers. They also had to reduce the overall timeline from 18 months to 10 months.
These challenges exacerbated how teams were not working well with their counterparts. They quickly became dysfunctional and lost their purpose. The project was crashing.
Stepping into this situation I decided to conduct a stakeholder analysis. I used this approach as an intervention method to understand the underlying themes. The analysis revealed the team:
After reflecting on the team’s feedback, I realized that most members wanted to find meaning in their work. It seemed no one was developing their sense of shared purpose and putting their strengths to work toward this program.
I decided I needed to re-invest them as members of the team. To get the team back to performing well, I:
This approach strengthened the program and delivered on the challenges.
The lesson learned is, do not simply apply methods and approaches in complex program delivery. Manage the team’s purpose and establish shared values as an important driver of overall delivery.
How do you manage that purpose and invest in high-performing teams?
By Dave Wakeman
The holiday season has arrived—meaning a lot of socializing with family and friends. We’ll be asked about our lives, families and work. Yet, many of us project professionals have a hard time explaining project management and its value.
That’s partly because project management principles and skills have been so heavily tied to IT projects for so long. But in truth, project management is for everyone.
For many of us that have formal project management training, explaining the value of project management to every business or industry can sometimes feel complicated. It shouldn’t be–these principles are just wise business.
So here’s a cheat sheet to help explain the profession to anyone you encounter this holiday season.
Projects are built on the backs of planning and outcomes. Any successful holiday requires careful planning and preparation.
The same is true for any project.
While the project planning stage can be something that all of us wish went more quickly, the truth is that careful planning and attention to outcomes is wise in every organization.
Every organization could do a better job of spending time clearly defining a project or initiative around the outcomes they want to achieve, the resources they have, how much time they want to invest and the people that will be impacted.
If you don’t communicate, you don’t succeed. On the U.S. sketch comedy show Saturday Night Live, there was once a character called “Drunk Uncle” who represented all the relatives you sought to avoid during the holidays.
We’ve probably all been there in some form:
What gets us through these moments? Our communication skills, that’s what.
To be a successful project manager, you need to be a great communicator. I’ve always fallen back on the old saying that I heard when I started out: Project management is 90 percent communication. I still think that’s the truth.
You can show this skill off during the holidays. During an awkward conversation, redirect the topic or reframe the controversial subject matter to something better. Bonus points if you are in a big crowd.
Being adaptable is key to long-term success. No matter the industry or sector, we hear a lot about the need to adapt to the market around us.
The funny thing is, as people with project management backgrounds, change is nothing new to us. In truth, managing change and keeping change in some semblance of order is almost as much of a key skill as communicating effectively. As change is inevitable and occurs more quickly, this skill isn’t just nice to have—it’s a necessity.
To put it in terms your family can understand, think about when you are trying to buy a gift that’s sold out. You don’t have long enough to order it online, and stores are closing in a few moments. All of a sudden Plan B and C start looking pretty good. It’s difficult, but necessary.
Or, illustrate the point with an example of how weather can impact holiday travel plans or how a delay in a work deadline can have you working through the holiday.
All of it takes flexibility.
The truth is that project management is life and as we head into the holidays, all the keys that you use as a project manager can help you get through the season too.
BTW, if you like this stuff and the stuff I usually post, I do a Sunday email that talks all about value, connection, and humans. You can get that for free by sending me an email at dave @ davewakeman.com
By Kevin Korterud
I experienced my first agile project nearly a decade ago. At the time, agile was still an emerging concept. I remember thinking there were all sorts of activities going on that I had never seen on any of my projects. People were standing up for meetings, marker boards were filled with things called “stories” and delivery moved forward under the framework of a “sprint.”
At the center of this whirl of frenetic activity was a person who the team called a “scrum master.” At first, I thought this person was a project manager. But they were doing things that were outside of the traditional project management realm.
Since that first experience, agile has matured and continued to grow in popularity. This trend prompted me to examine the evolving role of the scrum master in complex agile delivery environments. Here are my observations:
1. Agile Delivery is Becoming Mature
Agile delivery teams used to function within isolated pockets. But, as the use of agile—as well as the size and complexity of solutions being delivered—grew, new methods, such as SAFe®, were developed to help orchestrate agile delivery across an organization.
With agile becoming more common in organizations as a delivery method, the overall need for scrum masters’ general process advice diminishes. Agile teams over time—as well as with the support of enterprise framework methods—will become more self-sufficient, which reduces the need for some of the current activities performed by scrum masters.
2. Higher Engagement and Direct Accountability
One of the guiding principles for scrum masters is that they are not supposed to intervene with the team and are not responsible for delivery outcomes.
While a focus on process advice was essential during the early days of agile, today’s larger and more complex solutions demand that delivery quality issues be identified as soon as possible. In addition, there is also a need to ensure on a more frequent basis that the solution being created will yield the desired business outcomes.
Given its proximity to agile delivery teams, the scrum master role is positioned to leverage a higher level of engagement and accountability. In addition to traditional agile process advice, scrum masters should also serve as a durable checkpoint for both delivery quality and alignment to business outcomes.
These checkpoint activities would include reviewing user story quality, monitoring non-functional requirements and checking solution designs against business needs. As other roles in agile delivery possess some form of delivery accountability, the scrum master must also become more engaged and accountable in order to remain relevant.
3. Emerging Project Managers Becoming Scrum Masters
While scrum masters are not meant to be project managers, that notion is preventing project managers from becoming scrum masters, especially earlier in their career. Emerging project managers invariably have some form of solution delivery experience. They know what makes for sound requirements (especially non-functional), designs, testing, quality and implementation plans.
As the level of complexity and scale increases with agile delivery, so does the need for some form of delivery oversight at the agile team level. With the scrum master position in their repertoire, teams would have developed competencies and know-how for scaled agile delivery, release train engineer, program manager, etc.
Scrum masters have played an essential role in the growth and adoption of agile as a practical means of delivery. Their direct interactions with agile delivery teams create a unique opportunity to expand their influence in generating valuable outcomes for end-users, consumers, customers, employees or suppliers. To do so, they need to further extend themselves— both in terms of skills and engagement—to remain relevant in today’s complex delivery environment.
How do you feel the scrum master role has evolved? Are newly minted project managers the scrum masters of tomorrow?
By Peter Tarhanidis
These days there is such a high influx of projects and such a demand for project managers, but such a limited supply of practitioners. How can companies help their project professionals improve their skills and knowledge so that they can work to meet that need?
Leaders deliver more results by sponsoring grassroots project management learning and development programs. Common approaches and best practices are shared across all levels of project managers—ranging from novices to practitioners. Therefore, if an organization has more employees who can learn to leverage project management disciplines, then the organization can meet the increasing demand, and are more likely to develop mature practices that achieve better results.
One type of grassroots effort is to establish a project management community of practice (CoP). CoPs are groups of people who share a craft or a profession. Members operationalize the processes and strategies they learn in an instructional setting. The group evolves based on common interests or missions with the goal of gaining knowledge related to their field.
For project managers, there is a specific added benefit of CoPs. They bring together a group who are traditionally part of separately managed units within an organization focused on strategic portfolios and programs.
CoP members develop by sharing information and experiences, which in turn develops professional competence and personal leadership. CoPs are interactive places to meet online, discuss ideas and build the profession’s body of knowledge. Knowledge is developed that is both explicit (concepts, principles, procedures) and implicit (knowledge that we cannot articulate).
In my experience, I have seen CoP utilized in lieu of project management offices. The members define a common set of tools, process and methodology. The CoP distributed work across more participants, increased their productivity to deliver hundreds of projects, improved the visibility of the members with management and positioned members for functional rotations throughout the business.
Which do you think drive better performance outcomes—establishing hierarchal project management organizations or mature project management disciplines through CoPs?