How to “Brexit Proof” Your Project Strategy

Arras People

The event’s title of “ How to ‘Brexit-Proof’ your Project Strategy before December 14th 2018 ” provided a clear picture of the key strategies you should employ in order to best prepare for Brexit.

2018 Budget Adds New IR35 Twist

Arras People

The biggest news for many project management practitioners in the 2018 Budget delivered by Philip Hammond, was his decision to delay any implementation of the new IR35 regime in the Private Sector until April 2020. The post 2018 Budget Adds New IR35 Twist appeared first on arraspeople.

2018 248

Strategy Implementation Needs Great Portfolio Management

Strategy Execution | PMO Perspectives

In recent years, portfolio management has evolved from an administrative process, in which projects are selected and prioritised, to one of the key ways in which organisations can focus on strategy implementation. Portfolio Management Strategy Execution

Your Basic Guide to IT Project Governance Framework

IT project governance framework has since been the answer to this equation, but people seemed not to fully grasp its function. This article tackles the importance and significance of IT Project Governance Framework and its impact on the projects in the organization. Project governance is crucial component of every project since the responsibilities that come with it are interconnected with different business cases, as well as the project’s overall success.

How to connect business strategy with project management

Moira Alexander

Think of the strategy and PM connection in construction terms, where the step of pouring footings and foundations needs to adequately support all other work that follows and ultimately the final structure -- in this analogy the final structure are the end goals. Suresh Srinivasan, CTO at NYU Langone Medical Center , tells CIO, within the NYU IT department there are two key components that link the business strategy and project management.

A Real-World Success Story: New Zealand Government Improves Project Delivery


Meeting the demands of ever-changing priorities within a government can lead to inconsistent processes, departments with limited visibility into what is being worked on, and no ability to monitor investments. The New Zealand Government Case Study.

Why You Should Align Strategy, Financials, and Execution


Now, let’s get into the first two process areas by examining why it is crucial for your organization to align strategy, financials, and execution. Funding and Budgeting. The funding and budgeting process usually begins with an annual proposed order-of-magnitude budget.

Project Failure – Why it Happens

Online PM Courses

Misalignment with Organization’s Goals, Objectives, Strategy. – 2 – Governance. Governance is hardly the most sexy of project management disciplines. Good governance is a cornerstone of project success, so poor governance inevitably leads to project failure.

2018 197

Compendium of Works to Increase Probability of Project Success

Herding Cats

Governance (#Governance). Strategy (#Strategy). Six Business System Rule - defines the assessment of the integrated business systems for Federal procurement and their integrity in providing information to the Government contracting office. . Governance.

2003 45

How to Talk About Estimates

Herding Cats

If I'm risking two weeks of work for the Scrum team of 5 people it's a much different need from the risk of a $10B manned spaceflight program being supported to congress for budget authorization. . What is an estimate?

Rogue Project Sponsor: What to Do when Sponsorship goes Bad

Online PM Courses

So the counter to this is to set and agree clear expectations for progress, budget, and delivery of outcomes right at the start. At its simplest, I’ll set a: Planned, or baseline, set of outcomes, budget, and progress rate. Stretch set of outcomes, budget, and progress rate.

2018 218

Collective belief and its possible impact on projects.

Ron Rosenhead

The budget looks a little strained, which will soon be sorted once approval for development is given and then the cash will start to flow. Additional budget -the Company Board approved the extra expenditure. Project governance – many projects are risky.

2016 167

What's Missing from the Agile Software Development Paradigm

Herding Cats

Without a clear, concise, measurable description of Done the probability of success for the project arriving on time, on budget with the needed capabilities, is low. Agile software development is framed by a manifesto , a set of 12 principles, several methods.

Are your project management success rates improving?

Ron Rosenhead

For the first time in the last five years of this research, we see that more projects are meeting original goals and being completed within budget.”. Risk management strategies. The best executive sponsors have detailed knowledge of a project and how it connects to business strategy.

2017 132

How to Build a Robust Project Risk Culture [8 Steps]

Online PM Courses

This will hep you improve your budget and schedule estimates, and therefore reduceover-runs. Your biggest wins will come from better governance, with little or no extra cost and time overhead. Access resources and budget. And what about governance?

Risk 135

How to Fund a Software Development Project

The greater the flexibility of the funding strategy, the greater the chance the team will produce a quality product and the greater the chance that they will delight their stakeholders. But greater flexibility generally requires a more skillful approach to governance and project management.

2019 366

Who should attend project management training?

Ron Rosenhead

If and when this training has been completed and there is a budget then let’s take into account people’s personal development needs. They put the course onto their timetable and have been inundated with requests; too many for the budget.

2016 161

Why the Stage Gate Process will Make You a Better Project Manager

Online PM Courses

It is an important part of project governance that looks both backwards and forwards. Let’s set aside the very important governance imperative. But what if governance were unimportant to you… or your organization?

My first meeting with my project sponsor

Ron Rosenhead

Strategies for Project Sponsorship published by Management Concepts. However this needs to be couched in project management terms; the link with project risks or the budget seems small for the tight timetable or the skills you need are not available.

2016 149

Cost Estimation for Projects: How to Estimate Accurately

Good cost estimation is essential for keeping a project under budget. Cost estimation is the process that takes those factors into account, and calculates a budget that meets the financial commitment necessary for a successful project.

What Is a Project Sponsor? Defining This PM Role

For example, a government project is going to have a state official as project sponsor who will work with the construction company’s project manager. Aligns project with business strategy, goals and objectives. Governance.

Project Design in Project Management: A Quick Guide

Project managers rely on a good design to avoid pitfalls and provide parameters to maintain crucial aspects of the project, like the schedule and the budget. In this stage of the project, the decisions about how to manage and govern are made. What’s the Project Strategy?

2018 351

Deconstructing the Hertz and Accenture Debacle

Herding Cats

It assessed the current state of its e-commerce activities, defined goals, and strategy for its digital business, and developed a roadmap that would allow Hertz to realize its vision. We play this role in ERP acquisitions for commercial and government clients .

The CIO's Contribution to Project Failure

Herding Cats

IT project failure starts with demanding the project maintain its budget and delivery times in the absence of a Plan to go along with the Schedule of the work. The Plan is the strategy for the development of these capabilities.

Get the ‘Right’ Project Controls & Enterprise Programme Management You Want

Arras People

Project Managers will then have clear budgets against which performance is measured against promoting a Performance reporting system, not a Financial accounting system. Contract Budget Baseline (CBB) breakdown.

Customer Satisfaction is a Myth!

The IIL Blog

It read: “A SATISFIED CUSTOMER IS THE BEST BUSINESS STRATEGY OF ALL”. It’s not a worthy strategy for project managers, either. Delivered ahead of schedule, below budget, and gave us more than we asked for.

2019 156

DDSTOP The Saga Continues

Herding Cats

We were one of the first users of eXtreme Programming, long before Scrum was around and presented that early work in 2003, " Making Agile Development Work in a Government Contracting Environment, Measuring velocity with Earned Value." . Plans are Strategies. Strategies are Hypotheses.

7 Ways to Sell Agile to Project Stakeholders


Align Agile project management with your organization’s strategy. Here’s a strategy to consider: Consider separating your CFO from the rest of the CxO herd, and focus on turning the CFO into your champion. COO attention = budget.

2018 630

DDSTOP The Saga Continues

Herding Cats

We were one of the first users of eXtreme Programming, long before Scrum was around and presented that early work in 2003, " Making Agile Development Work in a Government Contracting Environment, Measuring velocity with Earned Value." . Plans are Strategies. Strategies are Hypotheses.

Program Manager Job Description – Plus! Cut & Paste Example

The project manager is the one who is tasked with delivering a successful project, on time and within budget. The role is mostly operational, meaning it involves planning and governance for overseeing the program and its successful delivery. Determine strategies to achieve objectives.

2018 332

GAO Cost Estimating and Assessment Guide Applied to Agile

Herding Cats

These capabilities are connected to the business strategy. They implement that strategy. The order of the needed Capabilties in defined in the business strategy. . You're late and over budget before you start, and have lowered the probability of technical success.

What is the Program Management Improvement and Accountability Act?

Moira Alexander

PMI's Pulse of the Profession report shows "only 64 percent of government strategic initiatives ever meet their goals and business intent -- and that government entities waste $101 million for every $1 billion spent on project and programs.". How does this bill impact PM practices within the federal government? The PMIAA bill impacts all areas of the government with the exception of the Department of Defense (DOD). How does this impact government agencies?

2017 161

The #NoEstimates Paradigm and Response

Herding Cats

When we hear a suggestion about a process that inverts the logic of normal business activities based on a governance framework - say Microeconomics of Software Development, we need to ask who benefits? Governance is about decision rights. Your Project Needs a Budget and Other Things.

2016 64

Biases in Project Management and How to Remove Them

Herding Cats

What is the Plan to reach done at the needed time for the needed budget, with the needed outcomes? What Impediments will be encountered along the way to Done and what are the handling strategies for each impediment?

The 7 Habits of Successful Project Managers

Your job is to determine the approach that will give you and your team the best chance of delivering your project safely, accountably, on time and to budget. Some goes to your governance tiers, your boss, client or sponsor, and some goes to your team and colleagues.

2018 425

DDSTOP The Saga Continues

Herding Cats

We were on of the first users of eXtreme Programming, long before Scrum was around and presented that early work in 2003, " Making Agile Development Work in a Government Contracting Environment, Measuring velocity with Earned Value." . Plans are Strategies. Strategies are Hypotheses.

How to Make a Contingency Plan

Governments, for example, use them to prepare for disaster recovery or economic disruption. The contingency plan is a proactive strategy, different from a crisis management plan, which is more of a reaction to something that happened.

Five Immutable Principles of Project Success

Herding Cats

Plans are strategies for success. Strategies are hypotheses. Show up over budget for the ERP, the ROI we told the Board of Director is now wrong. No matter the size of the project. No matter the project domain.

The Origins of Scrum and Empirical Closed Loop Control

Herding Cats

Hope is not a Strategy. Your Project Needs a Budget and Other Things. Agile Decision Making Estimating Governance Management PrinciplesI came across a couple of interesting tweets over the weekend. Scrum is) more defined rather than empirical process. Agile in name only.

Risk Management in Five Easy Pieces, with Apologies to Jack

Herding Cats

Hope is Not a Strategy. The Plan for the project is the Strategy for its successful completion. The performance dimension of Monte Carlo simulation modeling A structured approach for developing a risk handling strategy.

Risk 48