project management today a step ahead

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Project Management Today A Step Ahead

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In a world that faces marketing and technical challenges it is very important that project management and business work together to deliver the correct solution at the correct time. The pace of doing business is increasing rapidly with the surge of digital technology touching every aspect of the commercial world As project management becomes more specialised and business driven using the right project manager at the right time will deliver strategic solutions effectively meeting quality, business and revenue targets.

TRANSCRIPT

Page 1: Project management today   a step ahead

Project Management Today

A Step Ahead

Page 2: Project management today   a step ahead

The Perfect Partnership

In a world that faces marketing and technical

challenges it is very important that project

management and business work together to deliver

the correct solution at the correct time.

The pace of doing business is increasing rapidly with

the surge of digital technology touching every aspect

of the commercial world

As project management becomes more specialised

and business driven using the right project manager

at the right time will deliver strategic solutions

effectively meeting quality, business and revenue

targets.

Page 3: Project management today   a step ahead

A Brave New World Although the fundamentals of business have remained unchanged, the pace of change and the resultant level of competition at industry level most certainly has. The key driver underpinning this acceleration is of course the advancement of Information and Communication Technologies (ICT). It is what connects us to individuals, to industries, to each other, to everything.

Processing power

Data an Storage

Bandwidth Interfaces

Mobile Bandwidth

Drivers

More than ever today businesses need to

adapt to a market that is aggressive and fast

moving. Project management will help

business bring in the technical change and

transformation needed to succeed.

Business

Project Management

Technology

Page 4: Project management today   a step ahead

Business Led Project Management

Project Management Strategic Focused

Decisive Skilled

Forward Thinking

Confident

Page 5: Project management today   a step ahead

Leading The Way

A skilled project manager is vital for the

success of your organisation. The

experienced project manager knows

how to lead the creation of a project

strategy, build the right project plan and

drive the project to success working

with stakeholders and the project team.

Today the project manager needs to be both a business leader,

understand strategy and how to apply the process and governance

to reach the goals set out by business and to do this nine key

competencies have been identified.

Page 6: Project management today   a step ahead

Project Management Today 9 Steps to Success

Execution Decision making Communication

Strategy

Development

Team

Management

Business

Acumen

Technical

competence Critical Thinking Leadership

Page 7: Project management today   a step ahead

Execution

Risk

Resources

Features

Quality

Time Cost

Scope

Will with the application of strong organisational skills and clearly

defining the risks and the accurate execution of scope, budgets,

schedules and timelines provide the expertise to deliver a successful

project for the organisation and stakeholders

The Project Manager

Page 8: Project management today   a step ahead

Decision Making

Identify the problem

Analyse the problem

Develop Solution

Action the Solution

Follow Up

Will conduct decision making by ensuring the correct business

intelligence is in place to collate data allowing for timely decisions

to be made based on facts, circumstances and needs.

The Project Manager

Page 9: Project management today   a step ahead

Communication

Inform Involve

Engage Agree

Communicate

Will implement the appropriate communication channels to convey

pertinent information to all key stakeholders allowing for the right

information to be available at all times. This would include verbal,

written and cloud based information providing meaningful insights

from a collection of project and business data.

The Project Manager

Page 10: Project management today   a step ahead

Strategy Development

Strategic Goals

Clear and Understood

Have future vision

Achievable

Will incorporate business and strategic goals from the various

functions and overall business into the way that projects are managed

and through the application of metrics will track the progress towards

the deliverables. Applying strategy will be a key driver for the full

integration and application of project best practices.

The Project Manager

Page 11: Project management today   a step ahead

Team Management

Where are we now?

Where are we going?

How effective are we?

How are we measured?

How do we improve?

The Project Manager

Will lead by example and motivate and be the front-runner to drive

the project team to success. With the understanding of adaptability

and diversification will bring the team together, manage conflict and

form a union that will be focused to succeed, exceed expectations

and have fun along the way.

Page 12: Project management today   a step ahead

Business Acumen

People

Execution

Business Acumen

Process

The Project Manager

Will respond to business and market changes that affect the project

and business and integrates new actions to understand the business

trends and their impact in the commercial world today. With the

monitoring of the competition and market influences will provide

business and project strategy to provide the right way to deliver

successful projects using best practice and governance.

Page 13: Project management today   a step ahead

Technical Competence

Environment

Infrastructure

Process

The Project Manager

Will ensure that the correct level of technology is aligned to the

organisation infrastructure, environment and budget. Using subject

matter expertise will integrate appropriate project management

tools and processes. The project manager will continually improve

knowledge by attending workshops and training programmes to

keep ahead of all technical advancements within their respective

areas or expertise.

Page 14: Project management today   a step ahead

Critical Thinking

Identify Assumptions

Check Accuracy

and Validity

Take alternative

actions

Take Informed actions

The Project Manager

Will apply ongoing analysis of the project o ensure that the project

maintains its validity, objectivity and initial goal and direction. This

will allow the project manager to take informed decisions and

ensure that corrective actions are maintained throughout the

project life cycle.

Page 15: Project management today   a step ahead

Effective Leadership Supportive

Motivating

Empowering

Delegating

Coaching

Mentoring

The Project Manager

Will deliver effective and responsible leadership for the team and

the business by always providing the right direction and

understanding of the organisation business drivers and how to

position the project to achieve success.

Page 16: Project management today   a step ahead

A Final Word

The implementation of these 9 key steps will allow

for project management to provide a project

environment that will:

Achieve success

Show results

Bring in change and transformation

Meet stakeholder expectations

And keep ahead of the competition

Knowing

Page 17: Project management today   a step ahead

A Final Word

Project Management will take

you into your business future

with confidence, direction

and vision