The Value of Project Management and a Simple Tool to Start Reaping Its Benefits. Kathy Schwalbe, Ph.D., PMP May 19, 2005
|
|
- Dina Hall
- 6 years ago
- Views:
Transcription
1 The Value of Project Management and a Simple Tool to Start Reaping Its Benefits Kathy Schwalbe, Ph.D., PMP May 19, 2005
2 Presentation Outline What is project management? Recent statistics Ways to measure the value of project management Using templates to improve project management Lots of resources
3 What Is Project Management? Project management is the application of knowledge, skills, tools and techniques to project activities to meet project requirements (PMBOK Guide 2004, p. 8)
4 Project Management Framework* *This figure and others are from my book, Information Technology Project Management, Fourth Edition
5 Some Interesting Statistics The U.S. spends $2.3 trillion on projects every year, or one-quarter of its gross domestic product, and the global percentage is similar (PMI Project Management Fact Book, 2001) In 2003, the average senior project manager in the U.S. earned almost $90,000 per year, and the average Project Manage Office (PMO) Director earned more than the average Chief Information Officer ($118,633 vs. $103,925) (PMI Project Management Salary Survey, 2003)
6 Top Information Technology Skills 70% 60% 60% 58% Percentage of Respondents 50% 40% 30% 20% 10% 42% 41% 0% Application development Project management Database management Information Technology (IT) Skill Networking Cosgrove, Lorraine. January 2004 IT Staffing Update, CIO Research Reports, (February 3, 2004).
7 Growth in PMP Certification, , ,047 80,000 76,550 # PMPs 60,000 40,000 40,343 52,443 20,000 18,184 27,052-10,086 6,415 1,000 1,900 2,800 4, Year
8 Ways to Measure Project Management Value Agreement on general benefits Improved project performance/results ROI of project management PM maturity levels Competitive advantage What the winners do/best practices
9 General Benefits of Project Management Better control of financial, physical, and human resources Improved customer relations Shorter development times Lower costs Higher quality and increased reliability Improved productivity Better internal coordination Higher worker morale (less( stress)
10 Improved Project Performance* Project success is often based on meeting project scope, time, and cost goals Measure 1994 Data 2002 Data Result Successful projects 16% 34% Doubled Failed projects 31% 15% Halved Money wasted on challenged and failed projects $140 B out of $250 B $55 B out of $255 B More than halved *The Standish Group, Latest Standish Group CHAOS Report Shows Project Success Rates Have Improved by 50%, (March 25, 2003)
11 Why the Improvements? "The reasons for the increase in successful projects vary. First, the average cost of a project has been more than cut in half. Better tools have been created to monitor and control progress and better skilled project managers with better management processes are being used. The fact that there are processes is significant in itself. * *The Standish Group, "CHAOS 2001: A Recipe for Success" (2001)
12 What Helps Projects Succeed?* 1. Executive support 2. User involvement 3. Experienced project manager 4. Clear business objectives 5. Minimized scope 6. Standard software infrastructure 7. Firm basic requirements 8. Formal methodology 9. Reliable estimates *The Standish Group, "CHAOS 2001: A Recipe for Success" (2001)
13 Improvements to Key IT Project Metrics Due to Project Management* Schedule estimating Customer satisfaction Strategic business alignment Cost/hors estimating Time and budget Schedule performance Quality Labor hours performance Cost performance Response time Staff productivity Time to market *Value of Project Management in IT Organizations survey,center for Business Practices, 2002, cited in PM Network, July 2003, p. 16 % Improvement
14 Findings From 5-Year 5 Study on Quantifying the Value of PM* Companies with more mature project management practices have better project performance (on time and budget vs. 40% over time and 20% over cost targets) PM maturity is strongly correlated with more predictable project schedule and cost performance (i.e..08 schedule performance index variation vs..16) Good PM companies have lower direct costs than poor PM companies (6-7% vs %) *Ibbs, William and Justin Reginato, Quantifying the Value of Project Management, PMI (2002)
15 Project Management ROI* Over 94% of senior PM professionals say that implementing PM added value to their organizations Formula to predict increased company ROI based on increased PMM level Determine cost to improve PMM level, improvement in cost performance index (CPI), then calculate PM ROI using profit margins and projected annual revenues *Ibbs, William, The $$$ Value of Project Management: Continuing the Search for PM s ROI, PDS 02 Conference Proceedings, PMI-ISSIG Feb2001.pdf
16 PM ROI Example* Company initially has PMM of 2.3, CPI of.71, profit margin of 5%, $10 M projected annual revenues Company improves PMM to 3.1, CPI to.94, profit margin to 6.6% at a cost of $400,000 PM ROI = (6.6%-5.0%)X$10,000,000 = 40% $400,000 *Ibbs, William, Managing Chaotic Projects: Improving your PM/ROI ( PMROI%20PMI%20Presentation%20Feb2001.pdf)
17 Project Management Maturity Models Similar to maturity models for improving software like the Capability Maturity Model (CMM or now CMMI) Several PM firms have their own maturity models, most using levels 1-51 The International Institute for Learning, Inc. calls the five levels common language, common processes, singular methodology, benchmarking, and continuous improvement PMI s Organizational Project Management Maturity Model (OPM3) released their model in 2004
18 Berkeley Project Management Process Maturity Model
19 * Sample PMM Assessment Questions*
20 Project Management Maturity by Knowledge Area and Industry
21 Feedback from Bill Ibbs* We've benchmarked a couple healthcare organizations what I can say is that the IT PM capability of those organizations was poor, especially in terms of initiating projects. We helped one of those companies save several million dollars over a 2 year period by helping them focus better on the projects they launched. Wall Street reports that the healthcare industry in general is gearing up to spend even more $$$ on IT in the next couple years than they have in the past. So there's a lot at stake. * From correspondence Feb. 2, 2004
22 Other Research Suggests That PM Maturity Models Only Measure Explicit Knowledge* Explicit knowledge: know what, can be put into IT, a digital or discrete process that can be codified and transmitted in formal, systematic language (Nonaka 1994) Tacit knowledge: know how, in one s experience; hard to replicate and can be transferred indirectly though time consuming socialization processes (Kaplan et al 2001) *Jugdev and Thomas, Blueprint for Value Creation: Developing and Sustaining a Project Management Competitive Advantage Through the Resource Based View, Proceedings of PMI Research Conference, 2002
23 Need to Make PM a Strategic Asset (Just Like IT) Many executives view project management as having worth at the operational and tactical rather than strategic level Resource Based View (RBV) frameworks emphasize how firms create value and profits from their internal resources and focus on strategic assets RBV is relevant to project management because it emphasizes intellectual capital
24 *Jugdev, Kam, presented at PMI Research Conference, July 2002 Research Based View Model* Know How high Social Strategic Capital Assets low low Know What PM Maturity high Need to combine know what with know how to make PM a strategic asset!
25 Successful Examples of Applying PM in Healthcare Organizations Theory of Constraints aids in scheduling Good project managers are critical to successful drug launches
26 Applying the Theory of Constraints (TOC) in Health Care* TOC is a form of systems thinking that suggests that any complex system at any point in time often has only one aspect or constraint that limits its ability to achieve more of its goal. Need to exploit constraint and adjust scheduling and resource usage A USAF base decreased waiting time for primary care appointments from 17 days to 4.5 at no additional cost Radcliff Infirmary in Oxford, England improved waiting times for neurosurgery and ophthalmology (noted a 100% reduction in elective cancellations and increases in throughput of over 16% at no additional cost) * Breen, Anne, Tracey Burton-Houle, and David C. Aron, Applying the Theory of Constraints in HealthCare: Part 1 The Philosophy, Quality Management in Health Care, (Vol 10, Number 3), Spring 2002,
27 Pharmaceutical Project Managers Are a Breed Apart* Significant investments in drug development projects (12 years and $800M on average), the magnitude of risks in the development cycle, and extensive involvement of senor management makes it especially tough being a PM in this industry I know of no pharmaceutical company today attempting drug development without a project manager to oversee it (Luis Cabassa, PMP, Genetech Inc.) Pappas, Lorna, The Right Prescription, PM Network, October 2002
28 What the Winners Do * Companies that excel in project delivery capability: Build an integrated project management toolbox (use standard and advanced PM tools, lots of templates) Grow competent project leaders, emphasizing business and soft skills Develop streamlined, consistent project delivery processes Install a sound but comprehensive set of project performance metrics *Milosevic, Dragan, Portland State University, Delivering Projects: What the Winners Do, PMI Conference Proceedings, November 2001
29 *Milosevic and Pantanakul, The Impact of Standardized Project Management: New Product Development Projects versus Software Development Projects, Proceedings of PMI Research Conference 2002 Using a Standardized Project Management Approach* Research found that a consistent (one-size size-fits-all) managerial approach may be essential to the successful standardization of certain aspects of project management, and a contingency approach is needed for certain aspects, too Low standardization with a sufficient amount of variation is the more appropriate approach
30 What Are Templates? Templates are documents or files that provide an outline or format for creating documentation Many professionals don t like to write or ask others how to do simple things, and no one likes to reinvent the wheel Templates make it easier to prepare common project documents and use standard tools and techniques It s important to tailor templates to unique project and organizational needs
31 Sample Templates Information Technology Project Management, Fourth Edition, includes 38 templates used in the book information for accessing 333 free templates from other sources You can access all of these template files for free from
32
33 Template Files
34 Breakeven Template
35 Business Case Financials Template Financial Analysis for Project Name Created by: Date: Note: Change the inputs, such as interest rate, number of years, costs, and benefits. Formulas are entered in the Excel file used to create this template. Be sure to double-check the formulas Discount rate 8% Assume the project is completed in Year 0 Year Total Costs Discount factor Discounted costs Benefits Discount factor Discounted benefits Discounted benefits - costs (100) NPV Cumulative benefits - costs (100) (7) ROI 44% Payback before Year X Assumptions Enter assumptions here
36
37 Project Charter Project Title: Project Start Date: Projected Finish Date: Budget Information: Project Manager: Name, phone, Project Objectives: Approach: Roles and Responsibilities Role Name Organization/ Position Contact Information Sign-off: (Signatures of all above stakeholders. Can sign by their names in table above.) Comments: (Handwritten or typed comments from above stakeholders, if applicable)
38 Gantt Chart Template
39
40 Weighted Decision Matrix for Project Name Created by: Date: Criteria Weight Project 1 Project 2 Project 3 Project 4 A 25% B 15% C 15% D 10% E 5% F 20% G 10% Weighted Project Scores 100% Weighted Score by Project Project 4 Project 3 Project 2 Project
41 Student Project Results: Free Template Distribution by Process Group and Knowledge Area Knowledge Area Initiating Planning Project Process Groups Executing Controlling Closing Total Integration Scope Time 10 8 Cost Quality Human Resources 13 4 Communications Risk Procurement Total
42 Number of Free Templates Students Top Ten Free Template Sites Resource Name and URL Michigan Department of Information Technology: _ ,00.html Minnesota Office of Technology: bin/portal/mn/jsp/content.do?subchannel= &id= &id=-8484&agency=OT8484&agency=OT 23 New York State Office for Technology: 12 Tasmanian State Government: 28 U.S. Department of Energy: 52 University of Waterloo Information Systems & Technology: 12 Method 123: 19 ProjectWare: 14 State of Texas Department of Information Resources: 8 U.S. Defense Logistics Agency: tmp.htm Complete details are available from the Tempting Templates web site: s minaryreport.htm
43 Kathy s Observations on Templates In early 2003 I added templates to my Web site for project proposals, team contracts, and scope statements, and the quality of student projects improved tremendously People like to have more guidance on expectations and formats for various project documents, and they want the actual files to make their jobs easier Be sure the templates are useful and not just bureaucratic paperwork, and be sure people use them properly
44 Resources The text book Web site for my third edition is available for free at Fourth edition Web site is password protected (need to buy the book!) includes guide to using Project 2002 and 2003, interactive test questions, updated lecture slides, links to hundreds of references, etc. Lots of info from my site
45 Questions? Feel free to use templates, teaching ideas, etc. from my Web site at Contact me at
Information Technology Project. Information Technology Project Management, Sixth Edition
Management, Sixth Edition Note: See the text itself for full citations. Understand the growing need for better project management, especially for information technology projects Explain what a project
More informationInformation Technology Project Management, Sixth Edition. Prepared By: Izzeddin Matar. Note: See the text itself for full citations.
Management, Sixth Edition Prepared By: Izzeddin Matar. Note: See the text itself for full citations. Understand the growing need for better project management, especially for information technology projects
More informationInformation Technology Project Management, Eighth Edition. Note: See the text itself for full citations.
Management, Eighth Edition Note: See the text itself for full citations. } Understand the growing need for better project management, especially for information technology (IT) projects } Explain what
More informationInstructor: Roger Beauman, PMP. Cell Phone: (618)
Instructor: Roger Beauman, PMP Cell Phone: (618) 530-5894 E-mail: rbeauman@sbcglobal.net beauman@webster.edu 1 2 Management, Seventh Edition Understand the growing need for better project management, especially
More informationInstructor: Roger Beauman, PMP. Cell Phone: (618)
Instructor: Roger Beauman, PMP Cell Phone: (618) 530-5894 E-mail: rbeauman@sbcglobal.net beauman@webster.edu 1 2 Management, Seventh Edition Understand the growing need for better project management, especially
More informationChapter 1: Introduction to Project Management. IT Project Management, 6 th Edition Chapter 1
Chapter 1: Introduction to Project Management 1 Learning Objectives Understand the growing need for better project management, especially for information technology projects Explain what a project is and
More informationWhat s New in Project Management Research, and WIIFM? Kathy Schwalbe, Ph.D., PMP September, 2010
What s New in Project Management Research, and WIIFM? Kathy Schwalbe, Ph.D., PMP September, 2010 schwalbe@augsburg.edu www.kathyschwalbe.com 1 Presentation Background Most of the information in this presentation
More informationIntroduction to IT Project Management
Adapted from Managing Information Technology Projects, Chapter 1, Schwalbe Introduction to IT Project Management Prof. Dr. Daning Hu Department of Informatics University of Zurich Sep 22th, 2016 Outline
More informationCourse outline Introduction to project management The project management process groups Project initiation
Course outline Introduction to project management The project management process groups Project initiation Total Quality Project Management 2 Many organizations today have a new or renewed interest in
More informationPROJECT SOCIALIZATION:
PROJECT SOCIALIZATION: BEYOND EXECUTING THE PLAN April 7, 2014 Socializing the project expectations and gaining support from senior leadership is a key component that is sometime overlooked.tonight, we
More informationPROJECT INTEGRATION MANAGEMENT. 1 Powered by POeT Solvers LImited
PROJECT INTEGRATION MANAGEMENT 1 www.pmtutor.org Powered by POeT Solvers LImited MAJOR PROJECT DOCUMENTS Before we begin Integration, let's summarize the project's major documents: ALL are formally approved
More informationPROJECT SCHEDULING & CONTROL
PROJECT SCHEDULING & CONTROL Project Project Management PM Knowledge Areas Time Management 1 Project What is a PROJECT? Definition used by PMI: A temporary endeavor undertaken to create a unique product,
More informationProject Management Professional
Course Durations: 32 Hours About Company: Course Mode: Online/Offline EduNextgen extended arm of Product Innovation Academy is a growing entity in education and career transformation, specializing in today
More informationInformation Technology Project Management, Eighth Edition. Note: See the text itself for full citations.
Management, Eighth Edition Note: See the text itself for full citations. } Understand the importance of good project scope management } Describe the process of planning scope management } Discuss methods
More informationPMP Exam Preparation Course. Madras Management Training W.L.L All Rights Reserved
Welcome to PMP Exam Preparation Introduction 1 General Information Parking Refreshment No-Smoking Copyrighted Slides Key Contact Details Trainer: Support: Suggestions & Complaints: 2 Project Management
More informationPMP TRAINING COURSE CONTENT
PMP TRAINING COURSE CONTENT SECTION1: INTRODUCTION PMI, PMP AND PMBOK What is PMI, PMP, and PMBOK? What do I get out of PMP? How do I get certified? Exam qualifications and PM experience Guidelines to
More informationProject Management Professional (PMP) Boot Camp
Project Management Professional (PMP) Boot Camp According to the Project Management Institute, the world's leading association for the project management profession: "PMP Certification is the profession's
More informationProject Management Professional Training
Training Course Course Language Course Duration Project Management Professional Training PMP Project Management Professional Exam Preparation based on PMBOK 6 th Edition ( 40 PDUs) English Total Number
More informationInformation Technology Project Management, Eighth Edition. Note: See the text itself for full citations.
Note: See the text itself for full citations. } Describe the five project management process groups, the typical level of activity for each, and the interactions among them } Understand how the project
More informationPMP PMBOK 5 th Edition Course Agenda
PMP PMBOK 5 th Edition Course Agenda 1. Introduction to PMP Course Certification What are PMI and PMP Application Requirements for the PMP Exam Guidelines to Fill Up the PMP Application About the PMP Exam
More informationProject Management Session 6.2. Project Initiation Phase Integration Management
Project Management Session 6.2 Project Initiation Phase Integration Management 1 Project Phases & Knowledge Areas 1. Integration 2. Scope Management 3. Time Management 4. Cost Management 5. Quality Management
More information2009 NASCIO Nomination IT Project and Portfolio Management
2009 NASCIO Nomination IT Project and Portfolio Management Metropolitan Water District of Southern California How to transform from A Project Management Office to A Performance Management Office On a shoe-string
More informationPMP PMBOK Guide Sixth Edition Training Course Agenda
PMP PMBOK Guide Sixth Edition Training Course Agenda 1. Introduction What are PMI and PMP Certification Application Requirements for the PMP Exam Guidelines to Complete the PMP Application About the PMP
More informationProject Management Knowledge Areas SECTION III
Project Management Knowledge Areas SECTION III 1 Project Integration Management CHAPTER 4 2 The Key to Overall Project Success: Good Project Integration Management Project managers must coordinate all
More informationUsing an ROI Approach to Better Manage Learning Investments and Reduce Scrap Learning KnowledgeAdvisors. All rights reserved.
Using an ROI Approach to Better Manage Learning Investments and Reduce Scrap Learning 2007 KnowledgeAdvisors. All rights reserved. Overview of KnowledgeAdvisors Human Capital Analytics Professional Services
More informationWhite Paper. Project Management: Not Just For Project Managers. Add PM Skills to Corporate Training & Boost Business Goal Achievement
White Paper Project Management: Not Just For Project Managers Add PM Skills to Corporate Training & Boost Business Goal Achievement pmcollege white paper series p 888.619.2819 pmcollege.com 2014 Professional
More informationProject Management for Non-Profits What s in it for you? Benefits of Improved Project Management (PM) Skills, Techniques and Processes.
Project Management for Non-Profits What s in it for you? Benefits of Improved Project Management (PM) Skills, Techniques and Processes Nov 2014 1 Overview What is a project? Impact on organizational results
More informationSuccessful Project Management. Overview Houston Community College Fall, 2017
Successful Project Management Overview Houston Community College Fall, 2017 Agenda Introduction Project Management Processes What Is a Process? Inputs, Tools and Techniques, Outputs Process Groups Overview
More informationOPM The Missing Link. Jane Betterton, BS,ChE., PMP PMIRGC JaneBetterton.com/ BTSResults.com
OPM The Missing Link Jane Betterton, BS,ChE., PMP PMIRGC 11-2-18 Jane@BTSResults.com JaneBetterton.com/ BTSResults.com Presentation Overview In this session you will learn how PMI s latest foundational
More informationOPM The Missing Link
OPM The Missing Link Jane Betterton, BS,ChE., PMP PMIRGC 11 2 18 Jane@BTSResults.com JaneBetterton.com/ BTSResults.com Presentation Overview In this session you will learn how PMI s latest foundational
More informationA Project Management Approach to Improve on Time Delivery Performance in Manufacturing Industry
A Project Management Approach to Improve on Time Delivery Performance in Manufacturing Industry B. Shyam Sundar 1, Dr. D. Sivakumaran 2 1 Research scholar, Bharathiyar University, Coimbatore, India 2 Research
More informationChapter 4: Project Integration Management. IT Project Management, Third Edition Chapter 4
Chapter 4: Project Integration Management 1 Learning Objectives Describe an overall framework for project integration management as it relates to the other project management knowledge areas and the project
More informationKathy Schwalbe, Ph.D., PMP
Solutions to Accompany Information Technology Project Management, Eighth Edition Comprehensive package: Solutions Manual, Instructor's Resource Manual, Additional Cases, Answer keys, Solutions Files Excel
More informationPROJECT MANAGEMENT OVERVIEW
Chapter One PROJECT MANAGEMENT OVERVIEW Project management itself is not a new concept. It has been practiced for hundreds, even thousands of years. Any large undertaking requires a set of objectives,
More informationChapter One PROJECT MANAGEMENT OVERVIEW
Chapter One PROJECT MANAGEMENT OVERVIEW Project management itself is not a new concept. It has been practiced for hundreds, even thousands of years. Any large undertaking requires a set of objectives,
More informationAgenda. PMBOK Guide Third Edition. PMI Standards Background. PMI Life Cycle Plan for Standards. Presented by Kevin Chui, PMP. How Did We Get Here?
Agenda PMBOK Guide Third Edition Presented by Kevin Chui, PMP Vice President, PMI Hong Kong Chapter Background PMBOK Guide 2004 Update Project Structural Changes to the Standard Process Group Changes Knowledge
More informationAchieving Benefits in Project and in Program Management Guidelines for Success. Here Is What We Will Cover
Achieving Benefits in Project and in Program Management Guidelines for Success Dr. Ginger Levin, PMP, PgMP Certified OPM3 Professional A Member of PMI s Registered Consultant Program linkedin.com/in/gingerlevin
More informationBuilding Project Manager Competencies Via the Mentor/Apprentice Relationship
Building Project Manager Competencies Via the Mentor/Apprentice Relationship Executive Summary In 1999, the legislative body enacted law that required oversight of any information technology projects in
More informationDoes your organization Establish Career Path for all Organizational Project Management Roles"?
Best Practice ID SAM Question Domain Process Improvement Stage 8640 Does your organizaron Control the Define Roadmap Control 8750 Does your organizaron Improve the Define Roadmap Improve 8760 Does your
More informationProject Management Professional (PMP) Exam Prep Course 4 - Project Integration Management
Project Management Professional (PMP) Exam Prep Course 4 - Project Integration Management Slide 1 Project Integration Management Looking Glass Development, LLC (303) 663-5402 / (888) 338-7447 4610 S. Ulster
More informationProject Management Framework
Project Management Framework What s Project? - Why Project? What s Project Management? - Why Project Management? What s Project Management Professionals? - Why Project Management Professionals? Project
More informationProject Management Professional (PMP) Exam Prep Course 3 - The Basics of Project Management - Part 1
Project Management Professional (PMP) Exam Prep Course 3 - The Basics of Project Management - Part 1 Slide 1 Organizations and Project Management Looking Glass Development, LLC (303) 663-5402 / (888) 338-7447
More informationNinth Edition. Rita Mulcahy, PMP, etai. Rita Mulcahy s. Inside this book:
Rita s Course in a Book for Passing the Project Management Professional (PMP) Exam Rita Mulcahy s Ninth Edition Inside this book: Tricks of the Trade What you really need to know to pass the exam Straightforward
More informationProfessional Training Services
Professional Training Services Project Management Accredited/Certified Courses BY: Project Management Training Program Page 1 LIST OF COURSES Course Title PDUs PMI CEUs Course Code Project Management Fundamentals
More informationUnderstanding the Value of Project Management
Understanding the Value of Project Management 0By Vicki Wrona, PMP, and Rob Zell 3B To PMO or not to PMO, that is the question; 4BWhether tis Nobler on the project to suffer 5BThe Costs and Overruns of
More informationIntroduction To Project Management Kathy Schwalbe 4th Edition
Introduction To Project Management Kathy Schwalbe 4th Edition INTRODUCTION TO PROJECT MANAGEMENT KATHY SCHWALBE 4TH EDITION PDF - Are you looking for introduction to project management kathy schwalbe 4th
More information10 weeks 36 hours. Hone your project management knowledge and take your career to the next level with our Project Management training.
Hone your project management knowledge and take your career to the next level with our Project Management training. 2018 Fall Course START: Monday 10/1 6-9:40pm 10 weeks 36 hours The Schoolcraft College
More informationThe Total Economic Impact Of SAP BusinessObjects Analytics Key Findings
Forrester Total Economic Impact Study Commissioned by SAP October 2016 The Total Economic Impact Of SAP BusinessObjects Analytics Key Findings SAP BusinessObjects Analytics solutions have helped organizations
More informationCreate Actionable Plans
M2D2 Downtown DC Luncheon Series Create Actionable Plans Matthew J. Weaver, PMP, CSM, ITIL Project Weavers, LLC July 16, 2012 2011-2012, Project Weavers, LLC. All rights reserved. Support@ProjectWeavers.com
More informationRichard Larson, PMP, CBAP, PMI-PBA President and Founder Watermark Learning. Enhanced 1 Performance. Enduring bapmtraining
Richard Larson, PMP, CBAP, PMI-PBA President and Founder Watermark Learning Enhanced 1 Performance. Enduring Results. @Rich_Larson bapmtraining Offering practical, industry-standard services to support:
More informationMeltem Özturan
Meltem Özturan www.mis.boun.edu.tr/ozturan/samd 1 1 Introduction Project Initiation Project Planning, Execution & Control - SDLC Project Closing What is Project?... a temporary endeavour undertaken to
More informationDocument Review Part 1
Document Review Part 1 PMP/CAPM Presented by Project Masters Inc. *Throughout this presentation, we reference and recognize the following trademarks, service marks, and copyrights of the Project Management
More informationMentored Course Plan PMP (2013 version)
Module 1 Key Concepts Course overview What is a project? What is Project Management? The performing organisation o Project Management Office (PMO) Structure of the PMBOK o PM processes and process groups
More informationIntensive Course Plan CAPM 5 (2013 version)
Module 1 Key Concepts Course overview What is a project? What is Project? Project Office (PMO) Structure of the PMBOK o PM processes and process groups o IPECC o Process Interactions o Process Mapping
More informationRichard Larson, PMP, CBAP, PMI-PBA President and Founder Watermark Learning. Enhanced 1 Performance. Enduring bapmtraining
Richard Larson, PMP, CBAP, PMI-PBA President and Founder Watermark Learning Enhanced 1 Performance. Enduring Results. @Rich_Larson bapmtraining Offering practical, industry-standard services to support:
More informationProject Management Framework with reference to PMBOK (PMI) July 01, 2009
Project Management Framework with reference to PMBOK (PMI) July 01, 2009 Introduction Context Agenda Introduction to Methodologies What is a Methodology? Benefits of an Effective Methodology Methodology
More informationA MATURITY MODEL THAT S RIGHT AND READY
Project Services Pty Ltd A MATURITY MODEL THAT S RIGHT AND READY OPM3 - PAST, PRESENT AND FUTURE Presented at Hotel Grand Chancellor, Christchurch, New Zealand 4 th 6 th October 2006 Dr. Lynda Bourne DPM,
More informationApplying the Right Project Management Methodology to the Right Project: Traditional or Agile. Scott Major, PMP
Applying the Right Project Management Methodology to the Right Project: Traditional or Agile Scott Major, PMP April 25, 2018 1 Agenda Context» What is Traditional Project Management» Why is there something
More informationProject Planning & Management. Lecture 11 Project Risk Management
Lecture 11 Project Risk Management The Importance of Project Risk Management PMBOK definition of Project Risk An uncertain event or condition that, if it occurs, has a positive or negative effect on the
More informationPROJECT MANAGEMENT ESSENTIALS. Project Management Plans
PROJECT MANAGEMENT ESSENTIALS Project Management Plans BS6079, the British Standard for Project Management, offers guidelines on the level and type of information that should be defined in the early stages
More informationProject Management Professional(PMP ) Course
and Program Professional(PMP ) Course CERTIFICATE: Professional (PMP ) DURATION: 4 Days COURSE DELIVERY: Classroom PDUs: 35 LANGUAGE: English With a charter to enable and enhance the industry's competency
More informationProjects are How Business is Done
LEARNING OBJECTIVES Define project success Understand the risk of project failure and the financial impact of project failure Explore ways to drive project success through people, process, and outcomes
More informationThe Program Management Office
The Program Management Office Sabin Srivannaboon and Dragan Z. Milosevic Trust Corp is a specialty instrument company in the U.S. cell phone industry. Six years ago, Trust Corp introduced a breakthrough
More informationPMO QUICK TIP GUIDE FOR ESTABLISHING, SUSTAINING, AND ADVANCING YOUR PMO. Quick Tip Guide compliments of PMO Symposium San Diego, California, USA
PMO QUICK TIP GUIDE FOR ESTABLISHING, SUSTAINING, AND ADVANCING YOUR PMO Quick Tip Guide compliments of PMO Symposium San Diego, California, USA 1 ESTABLISH A NEW PMO At some stage in your journey as a
More information7.11b: Quality in Project Management: A Comparison of PRINCE2 Against PMBOK
by Peter Whitelaw, Rational Management Pty Ltd, Melbourne Introduction This comparison takes each part of the PMBOK and provides comments on what match there is with elements of the PRINCE2 method. It's
More informationManaging Information Technology Projects, Sixth Edition
Solutions to Accompany Managing Information Technology Projects, Sixth Edition Kathy Schwalbe, Ph.D., PMP different from the U.S. Edition. May not be scanned, copied, duplicated, or posted to a publicly
More informationLecture 5: Project Scope Management By: Prof. Lili Saghafi. Information Technology Project Management, Fifth Edition
Lecture 5: Project Scope Management By: Prof. Lili Saghafi Information Technology Project Management, Fifth Edition Learning Objectives Understand the elements that make good project scope management important
More informationLogical Framework Project Example: Developing A Project Management Office
Logical Framework Project Example: Logical Frameworks for Strategic Management The LogFrame is a practical management system that helps to plan and execute programs, projects, and strategic initiatives.
More informationThe 9 knowledge Areas and the 42 Processes Based on the PMBoK 4th
The 9 knowledge Areas and the 42 Processes Based on the PMBoK 4th www.pmlead.net PMI, PMP, CAPM and PMBOK Guide are trademarks of the Project Management Institute, Inc. PMI has not endorsed and did not
More informationProject Management Training Brochure
Project Management Training Brochure We develop project management training sessions by integrating our 40 years of combined practitioner experience with the most current project management knowledgebase
More informationBeyond Projects: Creating A Winning Product Portfolio
4 May 2011 Beyond Projects: Creating A Winning Product Portfolio PREPARED FOR SVPMA Management Consultants Where Innovation Operates Agenda Introductions Portfolio Management Overview Key Elements of Effective
More informationFor the PMP Exam using PMBOK Guide 5 th Edition. PMI, PMP, PMBOK Guide are registered trade marks of Project Management Institute, Inc.
For the PMP Exam using PMBOK Guide 5 th Edition PMI, PMP, PMBOK Guide are registered trade marks of Project Management Institute, Inc. 1 Contacts Name: Khaled El-Nakib, MSc, PMP, PMI-RMP URL: http://www.khaledelnakib.com
More informationCOMMUNICATION MANAGEMENT PLAN
COMMUNICATION MANAGEMENT PLAN This Communications Management Plan sets the communications framework for this project between the Sponsors Agents Contractor level. This will serve as a guide for communications
More informationRESEARCH REPORT. Includes complete survey data. Project Management Maturity & Value Benchmark
RESEARCH REPORT Includes complete survey data Project Management Maturity & Value Benchmark 2014 2 Project Management Maturity & Value Benchmark 2014 Introduction PM Solutions Research first surveyed organizations
More informationProject Integration Management
Project Integration Management Presented by Project Masters Inc. *Throughout this presentation, we reference and recognize the following trademarks, service marks, and copyrights of the Project Management
More informationKIV/SI. Přednáška č.4. Jan Valdman, Ph.D.
KIV/SI Přednáška č.4 Jan Valdman, Ph.D. jvaldman@dns.cz 8.3.2011 Introduction to Project Management Motivation for Studying IT Project Management IT projects have a terrible track record A 1995 Standish
More informationAdvance One's Career. Using PMCDF to. Presented by: George Jucan, MSc PMP MPM. Core Team member for PMCDF Second Edition
Using PMCDF to Advance One's Career Presented by: George Jucan, MSc PMP MPM Core Team member for PMCDF Second Edition Association of Romanian Engineers in Canada (AREC) PMI Standards Projects A Guide to
More informationPM 2.0: The Future of Project Management
PM 2.0: The Future of Project Management By Harold Kerzner, Ph.D. International Institute for Learning, Inc. All rights reserved. 1 Copyright Material in this presentation has been taken from the following
More informationProject Management Professional (PMP) Exam Prep Course 00 PMP Application & Exam
Project Management Professional (PMP) Exam Prep Course 00 PMP Application & Exam Slide 1 Application & Exam Types of Questions PM Basics Ten Knowledge Areas Professional Responsibility Practice Exams Slide
More informationProject Process Improvement
Project Process Improvement Improving Project Performance through Process Re-Design Better Performance from the Management of Processes Kevin Raum Phil Cooke Welcome Kevin Raum Phil Cooke Principal Consultant
More informationREACHING THE SUMMIT OF PROJECT SUCCESS IN TODAY S UTILITY INDUSTRY
REACHING THE SUMMIT OF PROJECT SUCCESS IN TODAY S UTILITY INDUSTRY BY Christopher Eitel, PE Seismic changes in the utility landscape are forcing utility companies to become more aggressive in their approach
More informationLCS International, Inc. PMP Review. Chapter 7 Planning Project Resources. Presented by David J. Lanners, MBA, PMP
PMP Review Chapter 7 Planning Project Resources Presented by David J. Lanners, MBA, PMP These slides are intended to be used only in settings where each viewer has an original copy of the Sybex PMP Study
More informationInformation Technology Project Management, Sixth Edition. Note: See the text itself for full citations. More courses at cie-wc.edu
Management, Sixth Edition Note: See the text itself for full citations. More courses at cie-wc.edu Understand the importance of good project scope management Discuss methods for collecting and documenting
More informationPMO In A Box. Prepared for UBS
PMO In A Box Prepared for UBS Roadmap Why PMO In A Box? Establish PMO Governance Standardize Methodology Create a Stakeholder Partnership Plan 2 PMOs Are In Transition 3 CEB PMO Executive Council pmo in
More informationProject Management Professional (PMP) Examination Content Outline
Project Management Professional (PMP) Examination Content Outline Project Management Institute Project Management Professional (PMP) Examination Content Outline April 2015 Published by: Project Management
More informationThe Mystery Behind Project Management Metrics. Reed Shell Blue Hippo Consulting
The Mystery Behind Project Management Metrics Reed Shell Blue Hippo Consulting Presentation Take-Aways Two Tools for gathering and producing metrics 10 Step Process Goal/Question/Metric Deliverable Exercises
More informationRecording and Quality Monitoring Systems Making the ROI Case
Recording and Quality Monitoring Systems Making the ROI Case February 4, 2004 Jim Veilleux, VoiceLog LLC Recording-based quality monitoring systems ( RBMS ) are rapidly penetrating the contact center marketplace,
More informationThe Agile PMP Teaching an Old Dog New Tricks
The Agile PMP Teaching an Old Dog New Tricks Why are we here today? What is Project Management? When will the project be done? How much will it cost? Do we all agree on what done looks like? What are the
More informationPMP 2 Days Classroom Training
PMP 2 Days Classroom Training Learning from the class PMP signifies that you speak and understand the global language of project management and connects you to a community of professionals, organizations
More informationPMKI Taxonomy. PMKI-TPI.php Industries, General & Reference PMKI-XTR.php PM History
Project Services Pty Ltd PMKI Taxonomy Please note this part of our website is being completely reorganised. Information is complete but will be progressively developed and edited. Information Structure:
More informationProject Management Advisory Board Deep Dive Study of Program Management
Project Management Advisory Board Deep Dive Study of Program Management Purpose The purpose of this study is twofold: 1. Understand how Saint Louis companies are managing programs 2. Study the maturity
More informationPgMP Exam Prep Training - 4 Days
PgMP Exam Prep Training - 4 Days Course Length: 4 Days Course ID: PgMP Credits: 21 PDUs Course Duration: 3 or 4 days (Live in person or online class) Course Level: Advanced Day workshop- PgMP Boot Camp
More informationProject Management Pm Process Flow The Ultimate Pmp Road Map And Study Guide 18 X 24 Poster Based On Pmbok Guide Fourth Edition
Project Management Pm Process Flow The Ultimate Pmp Road Map And Study Guide 18 X 24 Poster Based On We have made it easy for you to find a PDF Ebooks without any digging. And by having access to our ebooks
More informationInformation Technology. Project Management, Sixth Edition
Solutions to Accompany Information Technology Project Management, Sixth Edition ISBN-10: 0324786921 ISBN-13: 9780324786927 Course Technology MIS Series Companion Web Site: www.cengage.com/mis/schwalbe
More informationFrom Crisis to Control: A New Era in Strategic Project Management
From Crisis to Control: A New Era in Strategic Project Management Michael Stanleigh, President; Business Improvement Architects International Phone: E-mail:: Web:: 01 (416) 444-8225 x301 mstanleigh@bia.ca
More informationContent Break-up & Methodology for awarding Contact Hours / PDUs
N.I.T.E - Project Management Professional (PMP) Exam Prep Course Content Break-up & Methodology for awarding Contact Hours / PDUs This course is based on Project Management Book of Knowledge PMBOK Guide
More informationProject Delivery Summit Leveraging Project Resources
Project Delivery Summit 2013 Track 1: Project Management Session 9: Tips for Project Success Leveraging Project Resources August 28, 2013 2013 Xerox Corporation. All rights reserved. Xerox and Xerox and
More informationFederal Segment Architecture Methodology Overview
Federal Segment Architecture Methodology Background In January 2008, the Federal Segment Architecture Working Group (FSAWG) was formed as a sub-team of the Federal CIO Council s Architecture and Infrastructure
More informationRESEARCH NOTE NETSUITE S IMPACT ON WHOLESALE AND DISTRIBUTION COMPANIES
Document L11 RESEARCH NOTE NETSUITE S IMPACT ON WHOLESALE AND DISTRIBUTION COMPANIES THE BOTTOM LINE When Nucleus examined wholesale and distribution customers using NetSuite, analysts found it enabled
More informationFive Tips: How to measure the value of your internal audit department
Five Tips: How to measure the value of your internal audit department By Connie Valencia CIA, CCSA, principal with Elevate Consulting and Gaurav Kapoor COO with MetricStream Measuring the performance of
More information