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The term “business transformation” can have a variety of meanings depending on who you’re talking to, but the question of how it relates to PPM was pretty well addressed at this year’s Gartner PPM & IT Governance Summit in Orlando.
To deliver more significant and sustainable improvements, we have to shift our focus from efficiency to effectiveness. We also have to understand how the enterprise tools available to us can support that change, helping us to deliver innovation rather than acting as a drag on it. This is where PPM and similar vendors can assist.
A large petrochemical site is taking steps to create a lean project portfolio, including a lightweight approach to building a business case and "smart release" planning, which breaks larger initiatives into smaller "waves" that can be interrupted by more urgent projects. The early returns have been positive.
Organizations often talk of project management failure and put us in a vicious cycle of cause/effect analysis loops. The problem is that we look for the cause of project management failure where the light is--and not in the dark spot where the true issue is. This three-part series helps to uncover some key underlying and recurring sources of confusion within organizations. Part 1 looked at decision-making dilution; we now turn our attention to methodological and structural confusion.
Portfolio management is responsible for translating strategy, changes, innovation and dynamism into value for an organization. To achieve portfolio agility requires synergy in all aspects of the enterprise: in the strategic environment, in the portfolio tactical environment and in that of the projects.
Organizations often talk of project management failure and put us in a vicious cycle of cause/effect analysis loops. The problem is that we look for the cause of project management failure where the light is--and not in the dark spot where the true issue is. This three-part series helps to uncover some key underlying and recurring sources of confusion within organizations.
The project workflow framework enables even the inexperienced project manager to use detailed step-by-step guidance, examples, tools and practical advice, freeing experienced project managers to manage programs and portfolios and promoting better use of project resources to reduce the cost of projects across all industries.
As stakes get higher for strategic initiatives, organizations are modernizing their project management methodologies and solutions. But a rift often exists between their approaches and the technologies that support them. They must be developed in unison to leverage quick, accurate decision making, ensure collaboration, and improve productivity and outcomes.
In annual planning sessions since the dawn of time, people have had to decide whether to put their own needs or their organization’s needs first. They don’t always make the right decision, and that needs to change.
Efficient organizational project management enables companies to achieve organizational benefits through greater agility and a sharper competitive advantage in the market. To achieve this, we must first understand how to differentiate the concepts of organizational benefits, strategic initiatives, project management and organizational project management.
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My one regret in life is that I am not someone else. - Woody Allen |
