<?xml version="1.0" encoding="UTF-8"?><rss version="2.0"
	xmlns:content="http://purl.org/rss/1.0/modules/content/"
	xmlns:wfw="http://wellformedweb.org/CommentAPI/"
	xmlns:dc="http://purl.org/dc/elements/1.1/"
	xmlns:atom="http://www.w3.org/2005/Atom"
	xmlns:sy="http://purl.org/rss/1.0/modules/syndication/"
	xmlns:slash="http://purl.org/rss/1.0/modules/slash/"
	>

<channel>
	<title>TransAccel Group &#187; time</title>
	<atom:link href="http://transaccelgroup.com/tag/time/feed/" rel="self" type="application/rss+xml" />
	<link>http://transaccelgroup.com</link>
	<description>Improving IT Processes &#38; Services</description>
	<lastBuildDate>Tue, 03 Jul 2018 13:13:15 +0000</lastBuildDate>
	<language>en-US</language>
	<sy:updatePeriod>hourly</sy:updatePeriod>
	<sy:updateFrequency>1</sy:updateFrequency>
	<generator>https://wordpress.org/?v=4.2.38</generator>
	<item>
		<title>Now, Take The Apple, Dearie, And Make A Wish</title>
		<link>http://transaccelgroup.com/2013/12/05/now-take-the-apple-dearie-and-make-a-wish/</link>
		<comments>http://transaccelgroup.com/2013/12/05/now-take-the-apple-dearie-and-make-a-wish/#comments</comments>
		<pubDate>Thu, 05 Dec 2013 20:32:46 +0000</pubDate>
		<dc:creator><![CDATA[Jay Viszoki]]></dc:creator>
				<category><![CDATA[time]]></category>
		<category><![CDATA[budget]]></category>
		<category><![CDATA[innovation]]></category>
		<category><![CDATA[maturity]]></category>
		<category><![CDATA[scope]]></category>
		<category><![CDATA[sponsorship]]></category>

		<guid isPermaLink="false">http://ws2.telnex.us/~transaccelgroup/?p=6031</guid>
		<description><![CDATA[In 1934 southern California, a successful animator of cartoon shorts embarked on a project to make, for the first time, a feature-length cartoon. The cost to create it was estimated to be $250,000 over two years. But when the story line kept changing, the budget skyrocketed to $1.4 million, and the project timeline nearly doubled. If you haven’t already guessed it, the animator was Walt Disney and the film was Snow White and the Seven Dwarfs. It earned over $7 million in its first run, paving the way for Walt Disney Company to deliver other astonishing firsts. In terms of project success measures, the project was abysmal. Disney blew the schedule, budget and scope, but for understandable reasons: Nevertheless, in terms of sponsorship, the project was wildly successful. Here’s why: This imbalance of strong sponsorship on the one hand, and an insufficient project management process on the other, is fairly common for companies at the 1.2 to 1.7 maturity level. This is a people-centric model centered on passionate individuals, but it doesn’t scale when four or five projects are being pursued in tandem. Assuming everyone at a company doesn’t have the passion or vision to drive his project à la Mr. Disney, it becomes essential to install and implement process, which moves you closer  to crossing over the level 2 maturity hurdle. Disney did just that. Over time, he learned from his project management mistakes, leveraged this learning to build a repeatable process, and further developed his visionary sponsorship to give his customers something new and extraordinary time and time again.  For Walt Disney, it wasn’t all just wishing on a star—he is one of the greatest American innovators because of his mastery of realization. [&#8230;]]]></description>
				<content:encoded><![CDATA[<p>In 1934 southern California, a successful animator of cartoon shorts embarked on a project to make, for the first time, a feature-length cartoon. The cost to create it was estimated to be $250,000 over two years. But when the story line kept changing, the budget skyrocketed to $1.4 million, and the project timeline nearly doubled.</p>
<p>If you haven’t already guessed it, the animator was Walt Disney and the film was <i>Snow White and the Seven Dwarfs</i>. It earned over $7 million in its first run, paving the way for Walt Disney Company to deliver other astonishing firsts.</p>
<p>In terms of project success measures, the project was abysmal. Disney blew the schedule, budget and scope, but for understandable reasons:</p>
<style type='text/css'>
  #checklist-1 li:before{color:#757575 !important; content:'' }
	</style>
<ul id="checklist-1" class="list-icon circle-no list-icon-">
<li><b>No metrics:</b> Since a feature-length cartoon had never been made before, there was no historical data to rely upon.</li>
<li><b>Little understanding of risks:</b> Without data, risks could only be guessed at based on the experience of past successes and failures making shorts, not full-length features.</li>
<li><b>High margin of error in the estimate: </b>With such a lack of empirical data, it was easy to miscalculate the time and budget required for the effort.</li>
</ul>

<p>Nevertheless, in terms of sponsorship, the project was wildly successful. Here’s why:</p>
<style type='text/css'>
  #checklist-2 li:before{color:#757575 !important; content:'' }
	</style>
<ul id="checklist-2" class="list-icon circle-no list-icon-">
<li><b>Clear vision: </b>Disney knew what he wanted, unwaveringly stayed the course, and worked hard to achieve his vision.</li>
<li><b>Understanding of the customer:</b> He knew what his customers liked and set out to expand his brand to appeal to adults as well as children.</li>
<li><b>Decision-making ability: </b>Without a board of directors to rely on, it came down to Disney to make the hard decisions vis-à-vis the risks and reward of the project.</li>
</ul>

<p>This imbalance of strong sponsorship on the one hand, and an insufficient project management process on the other, is fairly common for companies at the 1.2 to 1.7 maturity level. This is a people-centric model centered on passionate individuals, but it doesn’t scale when four or five projects are being pursued in tandem. Assuming everyone at a company doesn’t have the passion or vision to drive his project à la Mr. Disney, it becomes essential to install and implement process, which moves you closer  to crossing over the level 2 maturity hurdle.</p>
<p>Disney did just that. Over time, he learned from his project management mistakes, leveraged this learning to build a repeatable process, and further developed his visionary sponsorship to give his customers something new and extraordinary time and time again.  For Walt Disney, it wasn’t all just wishing on a star—he is one of the greatest American innovators because of his mastery of realization.</p>
<p>If you’ve worked on a project with a visionary sponsor but poor project management (or vice versa), tell us your tale.</p>
]]></content:encoded>
			<wfw:commentRss>http://transaccelgroup.com/2013/12/05/now-take-the-apple-dearie-and-make-a-wish/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>With A Little Help From My Friends</title>
		<link>http://transaccelgroup.com/2013/09/30/with-a-little-help-from-my-friends/</link>
		<comments>http://transaccelgroup.com/2013/09/30/with-a-little-help-from-my-friends/#comments</comments>
		<pubDate>Mon, 30 Sep 2013 18:52:13 +0000</pubDate>
		<dc:creator><![CDATA[Administrator]]></dc:creator>
				<category><![CDATA[time]]></category>
		<category><![CDATA[collaboration]]></category>
		<category><![CDATA[cost]]></category>
		<category><![CDATA[Planning]]></category>
		<category><![CDATA[realization]]></category>
		<category><![CDATA[scope]]></category>

		<guid isPermaLink="false">http://ws2.telnex.us/~transaccelgroup/?p=6047</guid>
		<description><![CDATA[In my travels, I try to pick up tidbits to help me be more effective at managing projects. We’ve all seen the various tools, techniques, methodologies, etc. to help us deliver against The Big Three: cost, scope and time—but is that really all there is? The funny thing about projects is that success is declared despite most of the project participants knowing that the outcome was somewhat less than successful. Why is that? You hear things like, “It came in on time, under budget and was executed exactly as documented in the requirements.” So it must have been a success, right? And yet there is an unspoken disappointment because it’s not really entirely what was envisioned. The other day, I ran across a great piece by Gartner about improving project success. Its premise was that if you focus on three things—Partnership, Requirements and Resources—you can really increase the probability of a successful project outcome. Wow! . . .something different from The Big Three!! I was easily able to relate requirements and resources back to the big three, but what about partnership? The formal definition of “partnership” (courtesy of my dictionary) was of little use, but when I looked at its synonyms, I found words like alliance, collaboration, connection, relation, and union. And that’s when it hit me. Partnership doesn’t relate to the big three but rather comprises the foundation that enables us to deliver on them. Without true partnership, project realization or the ability to deliver the expected value from the project is unlikely. This should have been obvious considering the successful projects I’ve participated in and led. It was partnership at all levels that helped drive realization. From various IT organizations to external partners [&#8230;]]]></description>
				<content:encoded><![CDATA[<p>In my travels, I try to pick up tidbits to help me be more effective at managing projects. We’ve all seen the various tools, techniques, methodologies, etc. to help us deliver against The Big Three: cost, scope and time—but is that really all there is? The funny thing about projects is that success is declared despite most of the project participants knowing that the outcome was somewhat less than successful. Why is that? You hear things like, “It came in on time, under budget and was executed exactly as documented in the requirements.” So it must have been a success, right? And yet there is an unspoken disappointment because it’s not really entirely what was envisioned.</p>
<p>The other day, I ran across a great piece by Gartner about improving project success. Its premise was that if you focus on three things—Partnership, Requirements and Resources—you can really increase the probability of a successful project outcome. Wow! . . .something different from The Big Three!! I was easily able to relate requirements and resources back to the big three, but what about partnership? The formal definition of “partnership” (courtesy of my dictionary) was of little use, but when I looked at its synonyms, I found words like alliance, collaboration, connection, relation, and union. And that’s when it hit me. Partnership doesn’t relate to the big three but rather comprises the foundation that enables us to deliver on them. Without true partnership, project realization or the ability to deliver the expected value from the project is unlikely.</p>
<p>This should have been obvious considering the successful projects I’ve participated in and led. It was partnership at all levels that helped drive realization. From various IT organizations to external partners to the client organizations themselves, the most successful (and fun) projects were always built around partnership. In fact, one might argue that partnership was more important than The Big Three because these successful projects weren’t always on-time, on budget or delivered as initially envisioned. Instead, the customers were heavily engaged along the way, were part of the decision making process, were active participants in validating and re-validating the scope, and were integral parts of testing and acceptance. And so, while I very much agree with the Gartner’s assertion, I would add that management of the big three is table stakes in today’s world—the true differentiator on projects is partnership.</p>
<p>Lennon and McCartney wrote the lyric “I’ll get by with a little help from my friends,” and I would propose that they got it right: with a little help from each other (in partnership throughout all aspects of a project) we can greatly improve the chance of success.</p>
<p>What do you think? Do you have any examples of how partnership drove success?</p>
<p>&nbsp;</p>
]]></content:encoded>
			<wfw:commentRss>http://transaccelgroup.com/2013/09/30/with-a-little-help-from-my-friends/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Terminate the time guzzler: Inefficient meetings</title>
		<link>http://transaccelgroup.com/2011/11/15/terminate-the-time-guzzler-inefficient-meetings/</link>
		<comments>http://transaccelgroup.com/2011/11/15/terminate-the-time-guzzler-inefficient-meetings/#comments</comments>
		<pubDate>Tue, 15 Nov 2011 19:22:38 +0000</pubDate>
		<dc:creator><![CDATA[Greg Scott]]></dc:creator>
				<category><![CDATA[time]]></category>
		<category><![CDATA[agenda]]></category>
		<category><![CDATA[efficiency]]></category>
		<category><![CDATA[facilitation]]></category>
		<category><![CDATA[meetings]]></category>
		<category><![CDATA[risk]]></category>

		<guid isPermaLink="false">http://ws2.telnex.us/~transaccelgroup/?p=6064</guid>
		<description><![CDATA[Are you a big fan of impromptu meetings via Skype, Instant Messaging or other technology? These meetings seem to be laser focused because the meeting originator contacts you for a specific reason and has some targeted questions already at hand. Therefore, your ad hoc meeting has a clear-cut purpose, and resolution and closure is fast and painless. So, how do you take this paradigm and apply it to the biggest time guzzler in most people’s day—the inefficient meeting? Here’s how. Every meeting should have an agenda and specific objectives. This information should be communicated to participants well in advance so they arrive prepared. Your meeting should also be run by a facilitator who brings well-formed questions to the table; these are considered time-management “gold.” Every item on your agenda should have specific, corresponding questions that are used to elicit information and move you on to the next item. For example, if your project has the agenda item Risk Planning, some questions might include: An interesting thing occurs when the objectives and agenda are clear, the participants come prepared, and the facilitator keeps the discussion reined-in through the use of thoughtful questions: meeting objectives are met and meetings are adjourned on-time or early. Participants think, Wow! We finished everything on the agenda and I’ve even got some spare time to put back into my day…I love it. As the meeting owner or facilitator, you might even find participants actually look forward to your meetings as the most productive time of their workday. How cool is that? &#8211; See more at: http://www.transaccelgroup.com/blog/2011/11/15/terminate-the-time-guzzler-inefficient-meetings-2/#sthash.A0bkSWDv.dpuf]]></description>
				<content:encoded><![CDATA[<p>Are you a big fan of impromptu meetings via Skype, Instant Messaging or other technology? These meetings seem to be laser focused because the meeting originator contacts you for a specific reason and has some targeted questions already at hand. Therefore, your ad hoc meeting has a clear-cut purpose, and resolution and closure is fast and painless.</p>
<p>So, how do you take this paradigm and apply it to the biggest time guzzler in most people’s day—the inefficient meeting?</p>
<p>Here’s how. Every meeting should have an agenda and specific objectives. This information should be communicated to participants well in advance so they arrive prepared. Your meeting should also be run by a facilitator who brings well-formed questions to the table; these are considered time-management “gold.” Every item on your agenda should have specific, corresponding questions that are used to elicit information and move you on to the next item. For example, if your project has the agenda item <i>Risk Planning</i>, some questions might include:</p>
<style type='text/css'>
  #checklist-3 li:before{color:#757575 !important; content:'\f111' }
	</style>
<ul id="checklist-3" class="list-icon circle-no list-icon-fa-circle">
<li>What are the top risks having the greatest impact to the business? What is the likelihood of occurrence?</li>
<li>What are the mitigation strategies for each of these high risks? If mitigation is not viable, what is the contingency plan?</li>
<li>Has every potential risk area been identified (technology, business, project, resource, customer, operational)?</li>
</ul>

<p>An interesting thing occurs when the objectives and agenda are clear, the participants come prepared, and the facilitator keeps the discussion reined-in through the use of thoughtful questions: meeting objectives are met and meetings are adjourned on-time or <i>early</i>. Participants think, <i>Wow! We finished everything on the agenda and I’ve even got some spare time to put back into my day…I love it.</i> As the meeting owner or facilitator, you might even find participants actually look forward to your meetings as the most productive time of their workday. How cool is that?</p>
<p>&#8211; See more at: http://www.transaccelgroup.com/blog/2011/11/15/terminate-the-time-guzzler-inefficient-meetings-2/#sthash.A0bkSWDv.dpuf</p>
]]></content:encoded>
			<wfw:commentRss>http://transaccelgroup.com/2011/11/15/terminate-the-time-guzzler-inefficient-meetings/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Mark that project APPROVED…</title>
		<link>http://transaccelgroup.com/2011/10/17/mark-that-project-approved/</link>
		<comments>http://transaccelgroup.com/2011/10/17/mark-that-project-approved/#comments</comments>
		<pubDate>Mon, 17 Oct 2011 19:55:53 +0000</pubDate>
		<dc:creator><![CDATA[Greg Scott]]></dc:creator>
				<category><![CDATA[Planning]]></category>
		<category><![CDATA[budget]]></category>
		<category><![CDATA[business case]]></category>
		<category><![CDATA[cost]]></category>
		<category><![CDATA[PMO]]></category>
		<category><![CDATA[resources]]></category>
		<category><![CDATA[risk]]></category>
		<category><![CDATA[scope]]></category>
		<category><![CDATA[time]]></category>

		<guid isPermaLink="false">http://ws2.telnex.us/~transaccelgroup/?p=6073</guid>
		<description><![CDATA[Today, every company is pursuing more projects than it can successfully handle, and that puts your project at risk of not getting the approval it needs to move forward. So, what can you do to make sure that a governance committee review doesn’t leave you and your project on the outside looking-in? Follow these steps to give your project an advantage over other projects in the queue for review. &#160; Understand and communicate the business case for your project. This starts with understanding the business strategy and business drivers that prompted your project in the first place. If you don’t understand what the business is trying to accomplish, you have very little chance of your project hitting the mark.Once the business strategy and drivers are clear, identify very specifically—and quantitatively where possible—exactly how your project will provide benefit relative to the business drivers and business strategy. Work with key people in the business area to develop and review the business case to ensure that it is sound and strong. Creating a solid, strong business case is the most important factor in not only getting the project approved, but also in ensuring that the project team clearly understands what is to be accomplished, why, and how it will help the business. Identify resourcing needs by role. Resources, especially people, are always in high demand, and you need to be very clear about the resources that your project will require (people, facilities, equipment, etc.). Clearly identify your resource needs by being specific. Assuming that your request for two technical analysts you will get you what you actually need might be a mistake. Having the right skills, expertise and individuals detailed on a project can greatly improve the [&#8230;]]]></description>
				<content:encoded><![CDATA[<p>Today, every company is pursuing more projects than it can successfully handle, and that puts your project at risk of not getting the approval it needs to move forward. So, what can you do to make sure that a governance committee review doesn’t leave you and your project on the outside looking-in? Follow these steps to give your project an advantage over other projects in the queue for review.</p>
<p>&nbsp;</p>
<ol>
<li><b>Understand and communicate the business case for your project.</b><br />
This starts with understanding the business strategy and business drivers that prompted your project in the first place. If you don’t understand what the business is trying to accomplish, you have very little chance of your project hitting the mark.Once the business strategy and drivers are clear, identify very specifically—and quantitatively where possible—exactly how your project will provide benefit relative to the business drivers and business strategy.</p>
<ul>
<li>Work with key people in the business area to develop and review the business case to ensure that it is sound and strong.</li>
</ul>
<p>Creating a solid, strong business case is the most important factor in not only getting the project approved, but also in ensuring that the project team clearly understands what is to be accomplished, why, and how it will help the business.</li>
<li><b>Identify resourcing needs by role.</b><br />
Resources, especially people, are always in high demand, and you need to be very clear about the resources that your project will require (people, facilities, equipment, etc.). Clearly identify your resource needs by being specific. Assuming that your request for two technical analysts you will get you what you actually need might be a mistake. Having the right skills, expertise and individuals detailed on a project can greatly improve the probability of project success.</li>
<li><b>Identify project interdependencies.</b><br />
As a good project manager, I expect that you will have identified dependencies within your project as part of your project schedule. With the complex business environment that exists today, you also need to identify dependencies that are outside of your project to make sure that external factors do not inhibit your project’s ability to succeed. For example, if your project requires customer master data to be available—and that is a key deliverable from a different project—you have to identify that interdependency and evaluate the risk to your project if that deliverable does not occur as planned. This allows both projects to understand the dependency and provides greater visibility and increased opportunity to manage and mitigate the risk. The Project Management Office (PMO) will know your project is likely to be well managed when they see the project interdependencies identified.</li>
</ol>
<p>Additionally, all projects will require identification of project costs, timetables, risks, etc., as is normally requested by governance committees. The above points are not extensive, but are meant to help you differentiate your project from other projects being evaluated.</p>
<p>If you go to the governance committee with these items ready for review, you will not only put yourself in the best position for project approval, but you may also become the model for how other projects should be packaged for governance review.</p>
<p>&#8211; See more at: http://www.transaccelgroup.com/blog/2011/10/17/mark-that-project-approved/#sthash.miOosk0N.dpuf</p>
]]></content:encoded>
			<wfw:commentRss>http://transaccelgroup.com/2011/10/17/mark-that-project-approved/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
	</channel>
</rss>
