Project Management

Voices on Project Management

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Voices on Project Management offers insights, tips, advice and personal stories from project managers in different regions and industries. The goal is to get you thinking, and spark a discussion. So, if you read something that you agree with--or even disagree with--leave a comment.

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Cameron McGaughy
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Sree Rao
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Recent Posts

The Differences Between Feasibility Studies and Business Cases

Will the Future Project Manager Be More G.E.N.I.A.L.?

7 Steps to a Successful Project

Are You Too Humble as a Project Manager?

The Problem with Waterfall, Agile & ‘Other’

AI To Disrupt Project Management

By Peter Tarhanidis, PhD

Technology has demonstrated tremendous benefits and efficiencies (many of them unstated) over time. The technology lifecyle enhancements that started with our initial computers, software programs and the internet of the past have given way to the modern-day cloud, Big Data and artificial intelligence.

Throughout this maturing landscape, technology has affected all industries—especially how we collaborate. According to Peng (2021), here are some key impacts to consider:

  • Digital transformations spending will exceed an estimated $2.39 trillion by 2024.
  • Collaborative tools and technologies increased operational efficiency by 131%.
  • Technology will displace an estimated 85 million jobs globally by 2025.
  • AI augmentation will increase global worker productivity hours to an estimated 6.2 billion hours.

Project management has benefitted from the overall technology lifecycle, either by implementing aspects of it or by being a user of its collaboration outputs. Yet project managers are at the doorstep of being part of the next wave of AI disruption.

What a PM organization must consider is the methods and concepts used in managing past programs and become proactive in shifting to an AI-enabled PM organization. There is no doubt that the role of PMs and our methodology will be augmented with AI-enabled assistance.

PwC identified five areas of AI disruption and decision making in project management:

  1. Business insights: Filter data to gain actionable perceptions
  2. Risk management: Develop the ability to run multiple risk scenarios and outcomes
  3. Human capital: Optimize teams and leverage staff skills or new areas of training
  4. Action-taker: Provide analysis and optimization of schedules and staffing needs
  5. Active assistant: Augment the collection process of information to generate progress reports

To prepare for these changes, project managers should:

  • Invest in data sciences and digital skill sets
  • Create a culture that adopts digital disruption
  • Enable the use of digital tools and approaches to limit manual efforts and drive value-added work.

In order for these changes to emerge, there are a few considerations that may hold one back from the changes—such as organizational readiness, employee skills assessments, and the state of technical tools.

PwC outlines a change approach to assist in the transition that relies on updating project management strategy, leveraging technology investments, integrating digital and AI, and a comprehensive communication plan to generate awareness through adoption by the future project management workforce.

What other approaches have you used—or should be considered—to manage AI disruption in project management?

Reference:

  1. https://www.pwc.com/m1/en/publications/documents/virtual-partnership-artificial-ntelligence-disrupt-project-management-change-role-project-managers-final.pdf
  2. https://writersblocklive.com/blog/technology-in-the-workplace-statistics/
Posted by Peter Tarhanidis on: January 07, 2022 10:00 AM | Permalink | Comments (11)

3 Ways to Improve Project Management In The Time of Labor Shortages

 

As part of starting my technology career, I augmented my undergraduate degree in computer science with a minor in economics. Over the years, I began to appreciate more the inherent wisdom of the demand and supply relationships as it pertains to labor forces. In particular, the laws of economic supply and demand are playing themselves to new heights in these uncertain times.

We see it every day in the news: Jobs by the thousands of all types are going unfilled with nobody stepping forward to fill them. In our industry, we are seeing multiple factors converging to create difficult times for project and product managers. The exponential growth in technology, changing demographics in work forces as well as COVID-19 have all greatly impacted what we do on a day-to-day basis.

For project and product delivery, I am observing that labor shortages that impact our delivery efforts take on two different forms:

  1. For new projects and products, the ability to find new resources is extremely difficult. Staffing durations are taking longer and it’s ever more challenging to find skilled, experienced team members.
  2. In addition, existing project and product resources are being consistently overcommitted, which leads to multiple negative outcomes—including their potential loss as they explore other options due to burnout.

As a project and product manager, these market conditions create a confounding set of risks that need some refreshed thinking in order to mitigate their impacts. Here are a few of my thoughts on ways we can manage around these challenging times:                                                           

1. Up Your Game on Scope, Schedule and Resource Management
One of the hallmarks of a great project manager is their ability to synthesize threats to scope, schedule and resources. They rigorously examine and take action to curtail creeping scope, aggressively monitor planned versus actual schedule progress, as well as frequently check resource utilization.

In addition to giving more emphasis to these areas than ever before, project managers need to look beyond their project for external threats. By taking more of a portfolio manager mindset and looking for external threats including other projects, they can better anticipate and address challenges to their own delivery commitments.

For high-speed, iterative agile product delivery, labor shortages make for even more challenging times. One of the benefits of a dedicated set of resources for an agile product team is that over time they reduce the learning curve and improve decision-making efficiency. Swapping resources in and out of agile product delivery due to labor shortages creates damaging disruption to both schedule and quality. This environment compels agile product managers to be even more vigilant when it comes to managing scope, schedule and resources.  

2. Get Back to Basics
As the complexity of project and product delivery grew over the years, the amount of supporting reporting, analysis and review meetings grew in lockstep. In addition, the complexity of indicators, metrics, narratives and other project metadata increased as well—the intent being to quantitatively identify delivery volatility before it becomes an issue.

While the increased frequency and depth of examination improves stewardship and has helped with early detection of delivery volatility, in these times there may not be enough capacity to warrant this level of detail.

To help mitigate impacts of labor shortages while not adversely impacting delivery, take a good hard look at the project and product metadata that is currently being produced. For the level of uncertainty and risk on your project or product, can the frequency of reporting, analysis and review meetings be reduced in order to spend more time on activities that directly impact delivery?

For the depth of metadata, explore simplified methods for conveying progress against a plan. For example, the use of additional done/not done milestones to measure progress would take less effort than gathering timesheets to calculate total effort. Rationalizing where it makes sense, the frequency and breadth of supporting metadata creates more capacity for direct project and product activities.

3. Restore Real-Time Individual Engagement as a Norm
People are both the most valuable and the most fragile when it comes to project and product delivery. One of my post-graduate professors in an organizational design class once shared, “The greater the level of uncertainty, the closer the level of interaction is required between people.” Loosely translated for modern times, this means: Don’t try to solve complex problems by email.

Pre-pandemic, there was a lot of personal interaction in an office or site; these days, we rely on online collaboration tools as a primary means of connection and communication. Despite the ability as a group to remotely connect audibly and visually through the use of these tools, difficulties remain in terms of the effectiveness and efficiency of personal engagement, especially at an individual level. Individual connection has always been a means of identifying both new ideas as well revealing challenges that may not arise in a group setting; all the more reason to make it an increasingly frequent activity when managing projects and products.

While modern times present new challenges, it’s still possible to connect on a person-to-person level. Outside of the normal cadence of group meetings, set up recurring individual connection sessions with team members. These can still be done with collaboration tools—but they have all the advantages of what private conversation can provide. I’m finding these individual meetings have a great propensity to really help us understand the underlying dynamics of project and product delivery. (If you happen to live in reasonably close proximity and abide by any local regulations, that doesn’t mean an espresso in person to stimulate conversation would be out of the question!)

These are indeed challenging times, the likes of which I have never before seen in my project and product management career. Labor shortages as well as volatility from resource overcommitments are all causing us to rethink our day-to-day activities on how we interact with people. While we can long for the days when walking down the hall in an office to connect with a team member was the norm, we as project and product delivery managers still need to take steps to overcome these challenges in our drive for successful delivery outcomes.

I welcome any comments on what others are doing to help reduce the impact of labor shortages with creative project and product management techniques. Share your insights below!

Posted by Kevin Korterud on: November 16, 2021 05:59 PM | Permalink | Comments (7)

Unlock the Value of Artificial Intelligence

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
Gartner describes four growth stages of analytics and value activities. The first is descriptive analytics, which gains insight from historical data on what occurred in the firm or a project. This includes key performance measure reports and dashboards. Second, diagnostics analytics allow you to learn why something happened and the relationship between events. Third, is the use of predictive analytics to develop viewpoints into potential future outcomes. Finally, prescriptive analytics allow you to provide users with advice on what actions to take.

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
Leaders must consider advanced data analytics as a transformational journey—not a complex project. Without thoughtful consideration of the implications of managing AI projects, one may create chaos in adopting these new services.

As a project leader, take these steps to avoid key pitfalls:

  1. Develop your understanding of data science tool kits and technologies and identify any centers of excellence. Start with basics such as descriptive statistics, regression and optimization techniques. You’ll also want to familiarize yourself with technology such as machine learning and natural language processing.
  2. Determine how these AI initiatives integrate into the organization’s mission and vision. This may require a new strategic business plan, optimizing an organization, culture change and change management.
  3. Establish a data governance body and framework to ensure accountability, roles, security, legislative and ethical management of consumer, patient, customer and government data.
  4. Develop strong multiyear business cases that clearly indicate cost versus revenue or savings.
  5. Maintain an agile mindset and leverage design thinking methods to co-create the pilots into products alongside stakeholders.

Please comment below on what approaches you have taken to enable advanced data analytics in your role or in your organization.

Posted by Peter Tarhanidis on: August 12, 2019 01:25 PM | Permalink | Comments (13)

High-Performance Teams Are Purpose-Driven

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:

  1. Lacked shared values: Members did not have a sense of purpose on the intent of the program.
  2. Were not being heard: Members felt they had no control over the program’s major activities or tasks.
  3. Lacked trust: Members felt they could not rely or confide in their fellow team members, sponsors or peers to accomplish tasks on the program.

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:

  1. Built rapport with various team members
  2. Gained their trust by delivering on my commitments
  3. Integrated their perspectives into decision making
  4. Recruited new members to build up gaps in team capabilities
  5. Focused the conversation on our individual purposes and aligned them to a shared value

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?

Posted by Peter Tarhanidis on: April 18, 2018 08:10 PM | Permalink | Comments (15)

Project Management Is For Everyone

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:

  • A holiday mixer where we can’t get away from a colleague we don’t like.
  • A dinner party where the conversation was stagnant.
  • An awkward moment at the family gathering where someone said something inappropriate.

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

 

Posted by David Wakeman on: November 28, 2017 10:27 PM | Permalink | Comments (17)
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