cost

With A Little Help From My Friends

By |September 30th, 2013|Categories: time|Tags: , , , , , |Comments Off on With A Little Help From My Friends

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 to
[ Read More ]

Mark that project APPROVED…

By |October 17th, 2011|Categories: Planning|Tags: , , , , , , , , |Comments Off on Mark that project APPROVED…

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.

 

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 probability of project success.
Identify project interdependencies.
As
[ Read More ]