10 Strategies for Successful Project Execution

ProjectManager.com

Is your organization failing to close the gaps between strategy and project execution? Fortunately, there are strategies ( and tools! ) Let’s review strategies and tools you can use, and learn how they can help you close that gap to promote successful project execution.

The Three Things Every Project Manager Must Know about Project Governance

Ron Rosenhead

It covers the very important topic of project governance. Project Governance is often seen as getting in the Way. Good Governance Adds Value. But good governance is not about meddling. Project governance is an essential discipline. So, if you had to know just three things about project governance, what would they be? Good Governance Sets Direction. This is a governance role. Good Governance Makes Decisions. That is governance.

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Project Governance: Establishing an Effective Steering Committee

Strategy Execution | PMO Perspectives

Within the project management community, the concept of governance is seen as a fundamental project control, which is easy to grasp in principle. Getting the governance piece right requires insight and at times a few honest conversations about roles and responsibilities. Unfortunately, it’s not uncommon that I see projects with one of the following dysfunctions in the governance area: It’s unclear to the project manager who the sponsor is. Who influences the decision-makers?

Risk Management Strategies for Financial Institutions

Brad Egeland

Risk Management Strategies Investments involve some amount of risk. Because of this, financial institutions such as banks and brokerage firms have used several strategies to manage risks. Because of this, it is greatly influenced by technology and evolution.

Governance and Estimating

Herding Cats

If your business is not subject to any external governance process, you’re free to spend your money as you please. But you’re not free to suggest your approach is applicable to those who are governed by external frameworks of spending and accountability for that spend, without a testable confirmation this idea doesn’t violate those governance principles. Governance includes: Responsibility for a specific duty, task, or decision. Authority to influence behaviours.

Learn How To Realize Positive Risk Response Strategies (Opportunities)

iZenBridge

The next question is what the positive risk response strategies are? These are strategies: To make it happen, or. These are Positive Risk Response Strategies. What are the strategies for dealing with positive risks? In this strategy, we make sure the opportunity happens.

Why You Should Align Strategy, Financials, and Execution

Planview

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. Forward-thinking organizations incorporate business processes for governance and decision-making, particularly regarding which investments should be made during the strategic planning process and ongoing checkpoints. Process Area 2: Aligning Strategy and Operations.

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. . Managing Government Grant Projects at Arizona Public Service - APS management process for Department of Energy grant for algae CO2 capture project. Success starts with a Strategy for the project. Governance.

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I have my Scrum Master certification—now what?

Strategy Execution | PMO Perspectives

Agile is moving beyond technology and is now widely used in financial services, government, and professional services companies. This blog post is written by Strategy Execution Instructor Alan Zucker. The project management profession is in a state of dramatic change.

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5 More Advanced Training Options for the PMO

Strategy Execution | PMO Perspectives

Think about it, an improvement is needed in, for example, in the risk management process or governance arrangements in large scale projects. Influence. Here’s a brilliant skill that anyone working in PMO – regardless of the level they’re working at – could benefit from – influencing. Strategy. Back in 2015, we took a look at the five advanced training options for people working in PMO.

What is Stakeholder-led Project Management?

Rebel’s Guide to PM

This book sets out a way to manage stakeholders that many project managers will recognize: Identify and document Analyze Develop strategies Plan approach Engage Watch, listen, react and review.

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The Diamond Model by Michael Porter

The Strategic Project Manager

Considering international variables is useful to governments, investors, strategists and project management pros. Helpful for government policy – This is indicated by the two supporting factors included in the model. Firm Strategy, Structure, and Rivalry. Government.

2022 52

Are your project management success rates improving?

Ron Rosenhead

Risk management strategies. The best executive sponsors have detailed knowledge of a project and how it connects to business strategy. They use their position and authority to clear roadblocks, make quick and effective decisions, and influence executive leadership. project management governance governance project management project risks project sponsor

2017 109

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

Online PM Courses

Some of my readers may hope to influence the risk culture of their whole organization. And the process for creating a robust risk management culture within your project can apply equally if you get a chance to influence your wider organization. Your biggest wins will come from better governance, with little or no extra cost and time overhead. And what about governance? A robust risk culture goes beyond having a strong basic risk management process.

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INVEST, Scrum and Enterprise IT

Herding Cats

The direction of influence from one element to another is captured by an arrow in place of a simple link. NoEstimates Decision Making Estimating Governance Management Planning Principles Product Management Project Management Requirements Strategy Systems Theory Technical Performance MeasuresThe term INVEST is an acronym for good User Stories. I ndependent (of all others). N egotiable (not a specific contract for features). V aluable (to the business or the project).

2018 31

INVEST, Scrum and Enterprise IT

Herding Cats

The direction of influence from one element to another is captured by an arrow in place of a simple link. NoEstimates Decision Making Estimating Governance Management Planning Principles Product Management Project Management Requirements Strategy Systems Theory Technical Performance MeasuresThe term INVEST is an acronym for good User Stories. I ndependent (of all others). N egotiable (not a specific contract for features). V aluable (to the business or the project).

2018 28

What Is a Stakeholder? Definitions, Types & Examples

ProjectManager.com

Stakeholders are very important because they can have a positive or negative influence on the project with their decisions. While every project has stakeholders and those stakeholders can be anyone with influence or that can be influenced by the project.

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Project Boards and Project Steering Groups: An Introduction

Rebel’s Guide to PM

Here’s an introduction to these important groups as part of the governance framework so you can get yours set up and working on your project. A project board provides oversight and governance for the project. What you need is adequate governance for the project.

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How to get the best from your sponsor

Rebel’s Guide to PM

Vicki James, co-author of Strategies for Project Sponsorship. Peter Taylor, Ron Rosenhead and Vicki James have just written a book called Strategies for Project Sponsorship , about (surprise, surprise) project sponsors. Buy Strategies for Project Sponsorship on Amazon.co.uk.

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The Death of Project Management

Rebel’s Guide to PM

Leadership is that branch of management concerning the development, nurturing and utilization of influence as way of motivating others to some end or objective. Failure to execute strategy is seen as a project management issue. Bryan Barrow. This is a guest post by Bryan Barrow.

2020 365

Which PMO Structure Is Best for Your Company?

Wrike

The PMO is to a project management team what the SEC is to Wall Street; it provides the framework and organizational standards for managing and executing the projects under its governance. . Each company’s culture influences its PMO structure and how it evolves.

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What is Stakeholder-led Project Management?

Rebel’s Guide to PM

Develop strategies. In these projects, stakeholders are identified and communicated with in the ‘normal’ way, but their power and influence is relatively low. Worsley also excludes steering group members from ‘engagement’ saying that the governance process is enough for them.

2020 330

The Stakeholder Salience Model and How to Use It

Rebel’s Guide to PM

This is a measure of how much influence they have over actions and outcomes. Larger projects are likely to have higher numbers of people with power involved because they tend to attract greater corporate governance and oversight – so the top management likes to know what is going on.

2021 354

Proceeding without contingency is irresponsible

Kiron Bondale

Is it sufficient to merely have the risks introduced by this action captured in a risk register, communicated to stakeholders and even signed off by the right governance bodies?

2021 286

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." . 1] "Systems Engineering Strategies for Uncertainty and Complexity," MITRE Corporation, Systems Engineering Guide. [2] The moment you have little-to-no repeatability experts are at best useless, adaptability is a better survival strategy.

2019 37

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." . Judgment from experience requires repeatability (experts work best in Complicated or Ordered cynefin domains) The moment you have little-to-no repeatability experts are at best useless, adaptability is a better survival strategy.

2019 34

Project Management System: The Basics

Clarizen

The project team structure subsystem governs how project teams are organized into hierarchies. government agencies). The project planning subsystem governs all aspects of project planning across the portfolio. They are integrated and influence each other.

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How to Deal with Challenging Situations Involving Stakeholders

Rebel’s Guide to PM

These situations include: governance related issues (e.g. We found that the project environment plays a crucial role in creating challenging situations involving stakeholders for project managers and that project managers can often take active measures to influence and improve this.

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Concept of Operations

Herding Cats

The CONOPS facilitates a shared understanding of ideas, challenges, and issues on the possible solution strategies to the problem at hand , without addressing the technical solution or implementation. The mechanism for users and buyer(s) to express thoughts and concerns on possible solution strategies. In other cases, there may be a variety of acceptable solution strategies. Agile Architecture Decision Making Governance Principles Project Management Systems Theory

2017 34

Risk Management in Five Easy Pieces, with Apologies to Jack

Herding Cats

Hope is Not a Strategy. Although each uncertainty type is distinct, a single project may encounter some combination of four types: Variation – comes from many small influences and yields a range of values on a particular activity. Foreseen Uncertainty – are uncertainties identifiable and understood influences that the team cannot be sure will occur. The Plan for the project is the Strategy for its successful completion.

2017 37

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. It can be a complex as a scrum or scrums strategy map in SAFe 4.2 Plans are strategies. Strategies are hypotheses. Developing the estimate without contractor influence.

2018 33

Zero Trust as a Framework for Fighting Against Cyberwarfare

Brad Egeland

Government released its Cyber Security Strategy , which attempts to outline how the U.K. would meet the growing panoply of cyber threats against its government agencies until 2030. presidential order , which mandated that all government agencies implement a zero trust architecture. strategy clarifies several pre-existing initiatives, such as the establishment of the NCSC. Strategies of this scale are inherently complex and therefore easy to criticise.

2022 85

Customer Satisfaction is a Myth!

The IIL Blog

It read: “A SATISFIED CUSTOMER IS THE BEST BUSINESS STRATEGY OF ALL”. I thought about that for a second and thought, “Nope, that’s a terrible strategy”— one destined to leave a company eating the dust of its competitors as those competitors steal their customers because those customers expect more. It’s not a worthy strategy for project managers, either. Project Management customer experience project managers strategy Ward

2019 120

5 Considerations for Managing a Project Portfolio

Rebel’s Guide to PM

Strategies and tactics. Strategies and tactics must be articulated: they are the practical translation of the company’s goals and strategic objectives. The less governable aspect, however, is who judges, and not what is being judged or how to judge it.

2022 273

What Should a New Project Manager Focus On?

Rebel’s Guide to PM

I learned it as GOSPA : Goals Objectives Strategy Plans Actions (need a free action log template? And if you treat strategy, planning, and delivery as academic, theoretical, or abstract activities, you are lost.

2022 224

What is a Stakeholder in Project Management?

Planio

They direct the company’s strategy and also have a large interest in its outcome. This could mean partners, users, competitors, or even government groups who will be impacted by what you’re doing. While anyone who is impacted by the project is technically a stakeholder, key stakeholders are those who have influence and authority to dictate whether a project is a success is not. Stakeholder Buy-In and Strategy.

2018 252

7 Ways to Sell Agile to Project Stakeholders

LiquidPlanner

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. Here are some tips to get the word out that the business influencers are going Agile: Send them links to articles and blog posts that mention your competitors’ move to Agile.

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Remote or Onsite Project Manager - 20 years experience - Available Immediately

Brad Egeland

Do you need long term or one-off expert project management help right now? Tech PM or just a very experienced real world go-to Project Manager to come in and help take charge? I can do remote or onsite, full-time or part-time, W2 or 1099. Contact me by email or through my contact form here.

2022 154

Need an Experienced Project Manager and Leader? Check This

Brad Egeland

Do you need long term or one-off expert project management help right now? Tech PM or just a very experienced real world go-to Project Manager to come in and help take charge? I can do remote or onsite, full-time or part-time, W2 or 1099. Contact me by email or through my contact form here.

2022 150

I Am Your Next Project Manager

Brad Egeland

​ Do you need long term or one-off expert project management help right now? Tech PM or just a very experienced real world go-to Project Manager to come in and help take charge? I can do remote or onsite, full-time or part-time, W2 or 1099. Contact me by email or through my contact form here.

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