The complexities of delivering innovative financial products in an emerging market with a rapidly evolving regulatory, technological and cultural landscape presents many challenges. A program director shares his lessons learned.
Collaboration inside the Department of Defense is critical to program success, especially for enterprise-wide applications. DoD program managers face challenges unique to the DoD, including culture, organization dynamics and an abundance of complex statutory and regulatory requirements. Methods explored in this paper can assist the program management office (PMO) in achieving needed collaboration, and putting these in place at inception increases effectiveness.
What is it that makes a megaproject more than just an ordinary one on steroids? Certainly the challenges that megaprojects create make exceptional demands on project management expertise. But what are those challenges? And in what ways does expertise respond to those exceptional demands? A close look at a couple of examples--one ancient and one modern--might help us understand how megaprojects have responded to those questions.
In Part 1, we looked at how two similar megaprojects--separated in time by 1,800 years--delivered transformational change through the magnitude of their engineering achievements. But to understand the challenges of managing megaprojects--what is it that makes them so alluring yet so fraught with difficulty?--we must first understand what shapes the urgency of their ambitions.
Government projects tend to have a lot of stakeholders—all with their own opinions. But that doesn’t have to be a bad thing, says Bill Limond, interim CIO for the city of London, England.
The Gateway Arch in St. Louis, Missouri, USA has been an iconic guidepost. As the tallest man-made monument in the Western Hemisphere, it towers above the Mississippi River, connecting east and west in the heart of the country. Yet there’s always been a disconnect between the landmark and the city it heralds.
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"I have never met a man so ignorant that I couldn't learn something from him." - Galileo Galilei |
