In addition to IT, Construction and Government sectors, we selected two pieces of content from the Financial Services sector to help launch the first discussion thread posted within the following links located in Project Management Central:
Greek Revival: Managing Expectations on the Road to Economic Recovery
We welcome you to engage in these discussions! Enjoy!
Here at PMI, we can’t believe that Summer is almost over! The days have flown by, as we prepare for all of the exciting events and endeavors taking place this Fall – and beyond! We so look forward to further engaging with the community and sharing in all of the excitement.
On the Critical Path, we provide a look at what’s currently happening around the community in your August Community News You Can Use:
Register for PMI® Organizational Agility Conference 2019: This year, the PMI® Organizational Agility Conference will examine Evolving Approaches to Resilient Value Delivery on Thursday, September 12th. This year, the following speakers will be joining us:
The virtual conference will explore the concept of change resilience with professionals who are driving it within their organizations—and those who are living it as part of their own development. Register today!
Discover PMI - Ask Us Anything! Series: The next session will be held on September 19th! Join Ansley Stauffer as she discusses Powering Your Career with PMI: Explore the PMI Job Board to Power You Career. For those who cannot attend the live webinar, the session will be posted on-demand.
100,000 Volunteer Hours Reached!: In celebration of PMI’s 50th anniversary, Project Managers around the world have risen to the challenge of pledging 100,000 hours to advancing the United Nations 17 Sustainable Development Goals. PMI announced that the pledge goal (doubled from the original goal) was reached on August 13th. Thank you to everyone who has taken part in the Global Celebration of Service and demonstrated the many ways in which Project Managers have a positive impact in their communities! Read more here.
Community Central: Join the conversation on our new Discussion Forum, Community Central. This is the place for all community talk – site news, announcements, questions regarding ProjectManagement.com. Get started by responding to one of the August Hot Topics!
PMI Standards: PMI is in the midst of a transformation, and as PMI Standards begin to reflect this transformation, we will be engaging with the community through the Critical Path blog. Going forward, you can check-in here for updates and opportunities to share your thoughts and reactions around how we are progressing on our journey. Read more about A Systems Approach to Project Management and The Continuing Evolution of the PMBOK® Guide.
Peerspective: A reminder to check out the Peerspective blog to get to know your fellow Project Managers and community members a little better. Learn from each other’s experiences, challenges, achievements, and insights!
If you have any questions, please feel free to reach out to a member of the Community Engagement team – we’re happy to help you. As always, stay tuned to the Critical Path for your community news!
by Brian Grafsgaard, Standards Member Advisory Group
Whether you are new to the profession or a seasoned veteran, you have probably been aware of not only the growth in the application of project management across industries and organizations, but the rapid pace of change we have seen within the profession, especially over the last few years. On larger initiatives it is not unusual to see a mix of value delivery approaches, from prescriptive, plan-driven approaches to more adaptive approaches.
We as practitioners are often required to integrate these approaches in order to realize the intended outcomes, at the right time, and for the right price. The balancing act of simultaneously managing scope, schedule, and cost has now extended to finding the right balance between approaches, based on the profile of the project(s) and expected outcomes.
For decades now—since its inception as the Project Management Body of Knowledge (PMBOK) in 1987—A Guide to the Project Management Body of Knowledge (PMBOK® Guide) has served as a reference to effectively manage “most projects most of the time”. The PMBOK® Guide has provided the foundation for the science of project management, enabling us as practitioners to practice the art. The PMBOK® Guide—which was always intended to be adapted to the project and situation at hand—has evolved and adapted over the years to include advances in core processes.
The associated Standard for Project Management provided the underpinning “fundamentals” of project management and how the processes could be applied. The art of project management is, in part, based on the application of these fundamentals and the particular value delivery approach being taken. It could be said that the art is based on the principles of project management that we all carry with us and continue to adapt and apply each day (and continue to learn as well).
This continuous learning has allowed both The Standard for Project Management and the PMBOK® Guide to evolve and adapt to support the growth of project management as a discipline, as well as changes in how project management is applied. Like previous editions of the PMBOK® Guide, the upcoming seventh edition recognizes that the project delivery landscape continues to evolve and adapt and that the pace of change is accelerating. New technologies as well as the need for organizational agility have introduced new project team structures and project/product delivery methods with a stronger focus on outcomes rather than deliverables.
These changes, as well as other factors, have created the opportunity—and even the imperative—to update the resources we rely upon as practitioners of project management. Consequently, several teams of volunteers and PMI staff have formed to define and develop the next generation of The Standard for Project Management and associated PMBOK® Guide.
The seventh edition will be developed with the following questions in mind:
The standards teams, with your help, will continue to explore the answers to these questions as they develop the next edition of the PMBOK® Guide and continue the rich history of providing value to practitioners and their organizations. We hope you will join us for the journey!
Brian Grafsgaard is a member of the Standards Member Advisory Group. He possesses over 20 years of experience leading the development and integration of complex, enterprise-class solutions as a Program and Project Manager in multiple industries.
Stay tuned to the Critical Path blog for updates and opportunities to share your thoughts and reactions around how we are progressing on our Standards journey. Learn more here.
We're pleased to announce that as part of our overall content approach, PMI will launch a new initiative focusing on four industry segments this year, particularly in the fields of IT, Finance, Government and Construction. And as part of that focus, we want to highlight some existing PM Network content on ProjectManagement.com to engage the community, and to learn more about their specific industry needs.
The idea is for ProjectManagement to create, highlight, and maintain four dynamic, active threads for the community — one for each industry: IT, Government, Finance and Construction.
To start, we have selected three pieces of content from the IT sector to help launch the first discussion thread posted within the following links within Project Management Central:
1. How Do You Help Define Data’s Role in your Organization’s Strategy? https://www.projectmanagement.com/discussion-topic/135655/How-do-you-help-define-data-s-role-in-your-organization-s-strategy-
2. Digital Acceleration through a Global PMO
3. How do you determine if an Agile, Waterfall or hybrid approach is best for your project?
We welcome you to engage in these discussions, and please stay tuned for forthcoming postings!
On 27 June, three members of the academic community were recognized for their contributions to research in the profession with the 2019 PMI Project Management Journal Paper of the Year Award.
The Project Management Journal Paper of the Year Award honors the best paper published in the Project Management Journal in the previous year. The award recognizes the significance of academic research and the importance of refereed journal articles to the creation and dissemination of knowledge in the field of project management.
The winning paper was “Coordinating Knowledge Work in Multiteam Programs: Findings From a Large-Scale Agile Development Program,” appearing in the November/December 2018 issue (Volume 49, number 6).
The paper was authored by Professor Torgier Dingsøyr, chief scientist at the SINTEF research foundation in Trondheim, Norway, and adjunct professor at the Norwegian University of Science and Technology; Nils Brede Moe, senior scientist at SINTEF; and Eva Amdahl Seim, a senior research manager at SINTEF.
“I think this award is a sign of the growing interest in project management practices which have developed in software development, and which become increasingly relevant also for other domains with the current importance of digitalization,” said Dingsøyr.
“As the study is understood as a significant contribution to the field of large-scale agile and agile transformation, the award will motivate for more studies within the same topic,” explained Moe.
Seim added, “We have been researching coordination in work and particularly software work for two decades. To me, this award is recognition of years of hard and gratifying work.”
This recognition took place during the European Academy of Management (EURAM) Conference in Lisbon, Portugal, at the ISCTE-IUL University. The award was presented to Professor Dingsøyr on the evening of 27 June at a reception for the EURAM Project Organising Strategic Interest Group, sponsored by PMI.