This blog series will provide an overview of the challenges to project strategy and provide a comprehensive solution. Today, we cover the disconnects between different organizational departments.
Enterprise organizations rely on multiple departments working separately to achieve the Organizational Mission. While they may all be working toward the same long-term goal, the immediate and short term goals often seem at odds with each other, which creates various strategic challenges. (more…)
Every organization has an ultimate Mission that all of their long-term goals, yearly portfolios, quarterly outlooks and daily operations are striving to fulfill. The Mission often sounds simple on its surface, but there is an array of initiatives that are critical to achieving it and limited resources to dedicate to these initiatives.
We have developed an Enterprise Project Management Office white paper, and we wanted to provide it for free for our loyal blog followers. At 5,000 words and over a dozen graphics, this is the most in-depth content we have ever released free to the public, so be sure to take advantage.
This comprehensive and multi-layered paper demonstrates how the project portfolio delivers your organization’s Mission and Vision, the strategy challenges and solutions, and the execution challenges and solutions.
Project Assistants CEO Gus Cicala will write semi-monthly contributions for the blog that provide his view of what is going on in the world of project management and what it might mean for your organization.
Two of the most frequently quoted business aphorisms are seemingly at odds with each other. Steven Covey prioritizes strategy with his famous quote, “Begin with the end in mind.” But that seems to contradict the saying, “A mediocre strategy well executed is better than a great strategy poorly executed,” which has all-but been business’ battle cry of the century. So which is it? (more…)
Strategy, Portfolio Management and Project Delivery are like the gears of your organization, engaging with each other to drive the organization’s vision. Leading Project Leaders is a new executive program that works with your organization to hone the soft skills necessary to achieve this harmony that ensures realization of projects’ intended benefits. (more…)
“It isn’t just about math and science anymore. It’s about creativity, imagination, and, above all, innovation. Organizations cannot compete on cost alone; innovation is CEO’s #1 priority.”
-Business Week Special Report
As the above quote demonstrates, the industry trend has transitioned from the knowledge economy to the innovation economy. In our last post, we demonstrated that adaptability is the key trait for organizations to survive turbulent times. But change and innovation aren’t just a simple “choice.” Many organizations have tried to implement changes, only to see no improvements. Others have been convinced of the importance of change, but remain fearful that they’ll cause a revolution instead of an evolution. Still others have decided to focus on innovation and are left with the question: “Now what?”
This post brings good news to those organizations. There is a formal method for change (more…)
The New Year is a natural crossroads that we reach every year. It’s an opportunity to assess the realities of the past year and, from that, consider what you’d like to see happen in the upcoming year given the expectation of what is to come. With this perspective on New Years, we find that a commitment to Project Portfolio Management (PPM) is the perfect New Year’s resolution, since the recent past has solidified its prevalence and the near future will augment its importance.
Jim Colton and Project Assistants CEO, Gus Cicala, will be leading a webinar on Ensuring ROI through Effective Project Portfolio Execution. Project Assistants is pleased to announce the agenda for this webinar set to take place on December 11th at 3:00PM EST. Highlighting the event will be a demonstration on using Microsoft Project Server to facilitate PPM execution and a detailed methodology for improving organizational PPM. (more…)
A month ago, we outlined what businesses will be best suited to invest in project portfolio management (PPM) software. But once you determine that your organization has the three basic project characteristics that indicate that you might benefit from a software solution, you still have the daunting task of determining which solution will work best.
We should be clear that every solution will have its own set of flaws, and even the products that lack flaws require a massive budget and a lot of support. This often tempts organizations to give up on all of the options altogether, but this would be a mistake. Way back in 1986, Harvey Levine wrote, “The project manager who is waiting for the perfect project management solution will still be waiting 10 years from now.” 26 years later, this quote still rings true. Organizations should not be scared away from viable project management solutions because of a few imperfections. The focus should be implementing the technology that best fits your organization’s processes, while minimizing the investment of the implementation process. (more…)
We find that many managers who are able to turn inputs into an aesthetically-pleasing dashboard, end up disappointed by the hard information that the outputs provide. Below we’ve provided a couple of keys to developing dashboards that provide actual value to your Project Portfolio Management process.