Why your business strategies must constantly change

Moira Alexander

It’s virtually impossible for organizations to make sound strategic decisions and completely accomplish objectives when deprived of strong change management strategies. “If you do not change direction, you may end up where you are heading.” -Lao Lao Tzu In the business world, change is all around us, almost every minute of the day. It can come in the form of: Stakeholder expectations. Human resources. The environment (Internal or external). Management. Organizational structure.

2015 133

What did the Project Managers ever do for us?

The Lazy Project Manager

Ultimately, high-performing organizations that have strong project management can create efficiencies; improve alignment with organizational strategies …’. There is that famous scene in Monty Python and The Life of Brian where the rebels are demanding action against the oppressive Romans and ask the question ‘What did the Romans ever do for us?’-

2015 217
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10 tips to meet your project planning goals

Moira Alexander

In “ How to align project management with your business strategy ,” I emphasized the significance of ensuring that projects align with overall business goals, and why this is so important. If organizations are to spend substantial amounts of money, time, human resources and effort on a project, it should always support the forward-facing strategy of the business.

2015 156

Chess and Business Strategy

International Institute for Learning

Undoubtedly the chess game is fascinating because it implies deep thinking, strategy, and prediction ability. It is often seen analogous to a business strategy. By knowing the value, it is easier to make decisions about game strategy and placement. By Luigi Morsa, Ph.D.

6 strategic projects any business can implement in 2016

Moira Alexander

As 2016 begins, now is the time for businesses (regardless of industry, size, product or service offering, or location) to take stock of all resources and initiatives, and plan strategy-centric projects to implement in the New Year. There are many projects any business can implement that, if executed successfully, can create fresh opportunities or drastically reduce the chance of costly missed opportunities.

2015 157

What Makes Organisations Fail to Execute Their Strategy?

Strategy Execution | PMO Perspectives

After some tapping on their laptop, they proudly showed me their new corporate webpages, proclaiming their ‘strategy’, ‘vision’ and ‘mission’ statements. [1] All we need to do now is execute that strategy! Strategy is not hard to understand: Where is our chosen market? 3] And choosing to perform activities differently, or performing different activities is crucial, otherwise, as Porter said, strategy is just a marketing slogan. [4].

Change your Project Risk Management Strategy

PM by PM

What is your Project Risk Management Strategy? Is there any other Project Risk Management Strategy?” ” In my experience “deal with the problem when it comes” is the most frequently used Project Risk Management Strategy (also called Project Risk Response Strategy). The post Change your Project Risk Management Strategy appeared first on PM-by-PM. Humor Risk Management definitions risk management strategies

2015 29

4 Project Risk Response Strategies for Opportunities

PM by PM

Do you use Project Risk Response Strategies to avail Opportunities? Most of us never think about Project Risk Response Strategies for Opportunities. The post 4 Project Risk Response Strategies for Opportunities appeared first on PM-by-PM. Risk Management definitions risk management strategiesLet us be frank here. We usually ignore the Opportunities and think only about threats. Many of you would vociferously disagree with me.

2015 29

6 proven strategies for evaluating and prioritizing IT projects

Moira Alexander

The good news is, there are some proven strategies for evaluating and prioritizing projects. Regardless of business size, industry or structure, many projects today are unfortunately still selected and initiated in a siloed department-by-department manner, without considering the overall strategic impact. What are the risks of initiating projects in this manner?

2015 159

Complete Collection of Project Management Statistics 2015

Wrike

89% of high-performing organizations value project management, 81% actively engage sponsors, 57% align projects with business strategy. [6]. Strategic Initiatives: Organizations report that an average of 3 out of 5 projects are not aligned with business strategy. [12]. Lack of skills and/or personnel for effective strategy implementation. [12]. 60% of companies don’t consistently align projects with business strategy. [15].

2015 49

Microsoft’s PPM Cloud Strategy Failed: What Now?

MPUG

I believe this is why Microsoft’s PPM (Project & Portfolio Management) Cloud strategy ( see here ) is failing, and why it is still failing even after Microsoft has built datacenters in countries across the world.

Dealing with Change Requests and Issue Management

Clarizen

The ability to track and manage all change requests, tickets or issues you receive in a timely and well planned strategy is crucial to keeping all stakeholders happy. Ask any project manager and they will probably tell you they aren’t a huge fan of change. Change to a project means the potential for resource relocation, budget mishaps and delayed deliverables.

2015 60

3 Tips for Last Minute Holiday Strategies

DigitalPM

You need a “leaking” strategy. The post 3 Tips for Last Minute Holiday Strategies appeared first on The Digital Project Manager - eCommerce and Web. Remember retailers and eCommerce manager, it is not too late! Cyber Monday is quickly approaching and it is either an online retailer’s new best friend or worst nightmare. It’s that one day out of the entire year where online retail is in the spotlight on the mainstage and has to perform. Sink or swim.

2015 30

The Case for Project Portfolio Management

Jez Lister

As stated previously, the project must align to the overall business strategy. Project Portfolio Management (PPM) has gained widespread interest from many organisations over recent years. Having gained some level of maturity in the actual delivery of projects, they now focus their attention towards aligning projects with the organisation’s strategic aims.

2015 43

fp. Project Management Software Boosts Top Draw’s Growth

Function Point

INDUSTRY: Online Marketing & Digital Strategy Agency. From digital strategy to responsive websites and web-based applications, Top Draw connects design, technology and real-life data to create custom online solutions that help businesses thrive. Top Draw is a rapidly growing online marketing and digital strategy agency made up of developers, strategists, designers and analysts. Online Project Management Software Case Study . COMPANY: Top Draw.

2015 40

fp. Project Management Software Boosts Top Draw’s Growth

Function Point

INDUSTRY: Online Marketing & Digital Strategy Agency. From digital strategy to responsive websites and web-based applications, Top Draw connects design, technology and real-life data to create custom online solutions that help businesses thrive. Top Draw is a rapidly growing online marketing and digital strategy agency made up of developers, strategists, designers and analysts. Online Project Management Software Case Study . COMPANY: Top Draw.

2015 40

Solid State Pros | Advertising Agency Software Spotlight 1

Function Point

Steve is a Partner and VP of Strategy & UX at Solid State Pros. We love each and every one of our clients and what makes them unique. To help celebrate our clients, we’ve launched a blog series that shines a spotlight on their success in productivity and profitability, and their Function Point experience. So, without further ado, meet Steve! Tell us about Solid State Pros and what it does.

2015 40

Solid State Pros | Advertising Agency Software Spotlight 1

Function Point

Steve is a Partner and VP of Strategy & UX at Solid State Pros. We love each and every one of our clients and what makes them unique. To help celebrate our clients, we’ve launched a blog series that shines a spotlight on their success in productivity and profitability, and their Function Point experience. So, without further ado, meet Steve! Tell us about Solid State Pros and what it does.

2015 40

23 Project Management Books for All Experience Levels

Wrike

Projects fail all the time, whether due to faulty strategies or uncontrollable circumstances. Use the strategies in this book to build a strong project plan that sets your team up for success. Software developers have a reputation as a quirky bunch, and Mantle and Lichty explain which management strategies will work with developers and why. You’ll probably recognize bits of yourself and your team in the story, and you’ll find steps and strategies for improving your teamwork.

2015 44

Interview with Lori Bush Shepard, VP of Corporate Marketing at Clarizen

TrustRadius Project Management

We have a successful land-and-expand strategy. TrustRadius talked with Clarizen’s VP of Marketing about collaborative work management, a new software category that combines traditional project management with tools for collaboration and execution. What is your take on the current state of project management? As Gartner stated at a recent conference, gone are the days of a very linear planning process, where businesses could spend most of their time building a plan and 10% on execution.

2015 48

How PMOs can balance time, cost and quality

Moira Alexander

If 88 percent of C-suite executives agree that project alignment with strategy is vital to organizational success, why are only 56 percent of projects meeting strategic objectives? Furthermore, in a report titled “The High Cost of Low Performance,” the Project Management Institute (PMI) states 61 percent of firms acknowledge they often struggle to bridge the gap between strategy and day-to-day implementation.

2015 159

9 Project Management Lessons Learned from the Apollo 11 Moon Landing

Wrike

Another risk management strategy embraced by NASA: training and empowering your team to make good decisions and fix problems on the fly. “We can lick gravity, but sometimes paperwork is overwhelming.”. Wernher von Braun, Chief Architect of Apollo’s Saturn V . Neil Armstrong, Buzz Aldrin, and Michael Collins may have been the most visible figures of the 1969 moon landing, but the Apollo 11 team included thousands of people led by a select group of program and project managers at NASA.

2015 50

7 Keys to Project Stakeholder Management from the #PMChat Community

Wrike

Related Reads: 4 Strategies for Dealing with Difficult Stakeholders. Two Wrikers helped host a #PMChat discussion on Twitter last Friday, where a community of project managers comes together once a week to discuss and share knowledge on various topics related to project management. Our team asked everyone to share advice on best practices and common roadblocks in a challenging project management area: stakeholder management.

2015 44

Interview with Workfront’s Chief Marketing Officer Joe Staples

TrustRadius Project Management

It is an important part of our business strategy. What was the strategy behind your recent acquisition of ProofHQ? This is the same strategy we have around proofing. Do collaboration-only tools like Slack affect your marketing strategy?

2015 48

Interview with Workfront’s Chief Marketing Officer Joe Staples

TrustRadius Project Management

It is an important part of our business strategy. What was the strategy behind your recent acquisition of ProofHQ? This is the same strategy we have around proofing. Do collaboration-only tools like Slack affect your marketing strategy?

2015 48

Peter Taylor on Overcoming 7 Top Project Management Challenges (Book Review)

Wrike

It’s not enough to successfully manage your projects; you need to understand the overall business strategy connecting them all (what Taylor calls “strategic connection”). One-off or “orphan” projects only drain company resources, so overall business strategy should be something that’s well understood throughout the company, not just at the executive level. 5 Must-Have Skills for the Project Manager Resume in 2015.

2015 39

Step 5: Peer Review Deployment

The Tao of Project Management

Gateway Review Process This is an example of the Gateway peer review process as it is applied to programs and projects: A project (on the left) has a review at the completion of each stage, with a focus on: 1) Business Justification, 2) Delivery Strategy, 3) Investment Decision, 4) Readiness for Service, and one or more on 5) Benefits Realisation. As with the earlier steps, I believe once again that it is essential to involve all project and program managers in the process.

2015 35

Wishful Thinking as a Management Style

quantmleap

I haven’t been here for awhile and while I’ve been busy (actually, very busy) I couldn’t resist the following message: WISHFUL THINKING IS NOT A RECOMMENDED RISK MITIGATION STRATEGY. Think about it! Project Management

2015 43

What We Can Do About It (2)

The Tao of Project Management

That means embedding project management into the business strategy and making sure the organization understands it. As we saw last week, step one was to consider whether the project manager actually has the necessary skills to manage projects and if not, to move them somewhere else where they can do less damage to the organisation. And speaking of the organization: Consider the Organisation Step two is to consider the needs of the organisation itself.

2015 33

The 4th Phase of Project Management: Interview with Peter Taylor (Video)

Wrike

In the following interview you ‘ll learn about: The Fourth Phase of Project Management and the dangers for companies that don’t clearly link project management success to company strategy. 5 Must-Have Skills for the Project Manager Resume in 2015. I recently interviewed Peter Taylor, also known as “The Lazy Project Manager” as part of the Wrike Thought Leadership Series.

2015 37

4 Keys to Getting Successful Project Sponsorship

Wrike

SensiblePM.com , Strategies for Project Sponsorship – #PMHangout21. Good sponsorship is the #1 driver of project success.[1] 1] Yet fewer than 2 in 3 projects have actively engaged project sponsors.[2] 2] With fewer than 40% of all projects successfully being completed on time, within budget, and to specification/requirements,[3] good project sponsors are needed more than ever. How to Get Effective Project Sponsor Support.

2015 42

Interview with Mark Woeppel

Stepping Into Project Management

We are glad to bring you an insightful interview with Mark Woeppel , founder and president of Pinnacle Strategies, an international management consulting firm working to improve operations performance in project management and processes. He frequently writes on the subject of execution performance, having written three books and many other publications.

2015 28

What’s Changing on the PMP Examination This November 2015?

Wrike

Those aspiring to get their Project Management Professional (PMP) certification, take note: there will be changes to the PMP examination which will go into effect this November 2015. After that date, the new PMP exam will be instated and you’ll have to upgrade to the new Exam Content Outline ( dated June 2015 ). To view all the changes in detail, see the latest Exam Content Outline (June 2015). The post What’s Changing on the PMP Examination This November 2015?

2015 44

Free Cultural Intelligence Training by Participating in Research Study

Stepping Into Project Management

Gain practical tips, techniques, and strategies on how to develop a culturally intelligent communication style to effectively lead and work in multicultural projects and teams. The deadline to sign up to participate in the study is June 15, 2015. My friend Samad needs your help and participation for his project. It would be great if you have some time to partcipate, you can also send it along to your friends and colleagues. The deadline is till end of this month.

2015 28

6 Ways Project Management Can Be A Winning Strategy for Entrepreneurs

PM for the Masses

The post 6 Ways Project Management Can Be A Winning Strategy for Entrepreneurs appeared first on Project Management for the Masses. This is a guest post by Sabita Saleem (bio below post). More and more people are transitioning from their day jobs to realizing their dreams of starting a business. A smart and brave move indeed! However, in a quest to do more in less time, many entrepreneurs find their focus being pulled in a million […].

2015 31

Don’t Limit Work in Progress

Pawel Brodzinski

One strategy that worked for me very well over years was to change the discussion around WIP limits altogether. I’m a long-time fan of visual management. Visualizing work helps to gather low-hanging fruits: it makes the biggest obstacles instantly visible and thus helps to facilitate the improvements. By the way, these early improvements are typically fairly easy to apply and have big impact. That’s why we almost universally propose visualization as a practice to start with.

2015 71

Project Management 101: Strategies to Grow Your Creative Agency Now

Teamweek

In its 2015 CHAOS Report, the Standish Group pinpointed some common sources of project failure. They confirm their ideas, collect resources, and use both strategy and technology to create deliverables. Share this image on your site: Project Management 101: Strategies to Grow Your Creative Agency Now. When you implement these practices in your project management strategy, you’ll feel competent, in control and deliver a project you can be proud of.

Golden Threads, and Ruby Slippers

EarthPM

First up: look at the relationship between improvements available to projects that are familiar with the strategy of their enterprises. This further illustrates the fact that although the long-term thinking we espouse is related to things like Corporate Social Responsibility – being a solid corporate citizen in terms of the community and the environment, the benefits of connecting your project to your enterprise’s strategy yields tangible project benefits.

2015 32

SPM 023 | Leadership Toolbox for Project Managers with Michel Dion

SensiblePM

Leadership requires you to have a good vision of the goal and the ability to develop the strategies to fulfil that vision. Michel Dion recently published a book called Leadership Toolbox for Project Managers: Achieve better results in a dynamic world. Michel joined me on #PMHangout41 to discuss leadership concepts as presented in his book. This was one of the many PMHangouts in the ongoing series of broadcasts sponsored by the Sensible Project Manager Hangout Community on Google+.

2015 43

Cut, Cut, Cut: Elimination Strategies To Boost Productivity

Project Management Hacks

Elimination is an underrated productivity strategy we all need to practice. If elimination is such a great strategy, why isn’t it more popular? Things to Stop Doing in 2015. It’s one of the best ways to eliminate that “crazy busy” feeling that make the week feel like a long slog. There’s a few reasons to consider.

2017 38