project management trends
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Fast cahanges in business environment cause changes in project management. Here are 8 trends in project managementTRANSCRIPT
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Project Management New Trends
Dvir Zohar – Simple CEO
11.1.11
www.rbsprojects.co.il
Project Management Conference for Top Management
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About SimpleWE ASSIST TECHNOLOGY DRIVEN FIRMS TO RUN FASTER
We supply a full project management
solution
Methodology
Tools
Training
Project ManagementOffice (PMO)
Project managers
Our Uniqueness State of the art PM
methodologies (PMBOK, Agile, TOC, MSF and more)
Business orientation Smooth
implementation Fast ROI Simple solutions
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The world is moving on and on
Tech
nology Complexity
Venture Capital
M&A
e- commerce
The world is flat
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THE FAST CHANGES
BROUGHT MANY
ADJUSTMENTS INTO
PROJECT MANAGEMENT
Eight main trends in project management in the world and in Israel
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Global Project ManagementTrend 1 –
Global Project ManagementBenefits are high – Low cost, ability to
expand, maintenance activities
If you know how to manage them
World wide competitors enjoy these benefits
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Understanding Culture Differences is not Enough
0102030405060708090 Israel
BrazilHungaryUSAChinaIndia
Geert Hofstede™ Cultural Dimensions - UAI
Recruitment, Planning, monitoring, , deliveries, scope management, HR activities, training for TL, IT….
Process, Process, Process (and PMO)
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Trend 2 – Risk Management
In the world – about 1% of annual sales
In Israel – 0.0?% (we are too busy in fire's extinguishing )
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The main challenge – Project Manager is optimistic
They don’t see all risks They underestimate the risks They are sure that they will succeed to overcome
the risks if/and when they will appear RM takes time and money
Project managers don’t invest enough time in RM
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Risk Management Levels
Simple/small projects (M’s$) - a point model
Complex/large projects – a range model
Complex & large – Full simulations
Damage level
Pro
bab
ilit
y
5
4
3
2
1
7
6
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Quantitative risk analysis using Monte Carlo simulations
What will happen if certain risks occur?
7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 2402468
101214161820
Project Duration (months)
47% to achieve target
Prob
abili
ty
Duration (months)
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RM requires processes & resources
Organizational risk methodology Enterprise tools RMO (Risk Management Office) Risk reviews Training
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Trend 3 – Project Portfolio
Management
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Trend 4 – ROI Calculations
(Value Management)
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ROI is much more then Go/No Go
LCC Security Ports Next drop
value4 GUI ServiceLow
High Competitor 1
WECompetitor 2
Realistic budget Valuable features
Alternatives
Risks Key success factors
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Trend 5 – Agile Elements are
Part of Project Management
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Trend 7 - Lightweight PM
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Six Lightweight Lessons
Project management - servant, not a master
Start by building a common language
Contextualize project management
Pick your battles carefully
Organizational change
Technology comes last
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Trend 7 – KPI’s & Managerial
Dashboards
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Trend 8 – Professional Project Management Office
(PMO)
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Professional PMO
Monitoring & Risk highlight
Improved Processes
Assitance to managers
Nearly 70% of organizations implementing PMOs report that project success rates have improved significantly as a result.
Gartner Survey (2009)
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Summary – Major PM Trends
Global RM PPM ROI
AgileLight
weightKPI’s PMO