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How to tell if
People + Projects = Priorities?
What are all your people working on?
What are your active projects?
Are your people and projects aligned with
your priorities?
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Measuring People, Projects and
Priorities
Measurement is the key
– Priority Management
– Opportunity Management
– Resource Management
– Work Initiation
– Work Delivery
– Work Analysis
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Priority Management
Decide on your priorities!
Articulate, understand, review and prioritize
them.
Tie them to projects so that as projects are
worked and costs and benefits realized, these
can be aggregated and managed at the priority
level.
Plan your capacity at the priority level, and
enforce your prioritization plan.
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Opportunity Management
Balance new and existing opportunities.
Match demand to available supply.
Weigh opportunities against priorities and judge
them using quantitative metrics such as ROI or
payback analysis to determine expected benefit.
Explore “what-if’ scenarios to decide the right
mix of opportunities.
Set your budget and benefits here.
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Resource Management
Manage both internal and external resources.
Forecast skill requirements based on priorities.
Plan your resources against these forecasts.
Meet skill shortages with increased recruiting,
training or partner alliances.
Meet skill excesses through retraining or priority
readjustment.
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Work Initiation
Plan the effort.
Decide on the process and initiate the project.
Tie projects to priorities allowing the priority to
aggregate information for executive review.
Allocate resources based on their availability.
Schedule the work, balancing this new demand
with existing supply.
Define schedules and plans and assess risks.
Reanalyze budgets and benefits.
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Work Delivery
Do what matters!
Encourage your teams to work together for
greater efficiency.
Enforce best practices and corporate standards
through the plan.
Manage deliverables as assets, allowing for
greater reuse and increased efficiency.
Assign cost and time to projects, keeping
schedules and cost pictures up to date and
allowing for real-time information flow.
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Work Management
Verify your work is on track.
Perform project accounting.
Bill and Invoice your external customers, or manage
charge backs for internal customers.
Aggregate real time priority, opportunity, and work
information at any level of the organization.
Take corrective action if needed.
As both priorities and schedules change, periodically
review all projects to verify alignment with priorities.
Continually perform cost, budget, and benefits
analysis.
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Time Tracking
You know:
– Real time status on projects
– Resource loading of your organization
– Real time cost of projects
– Where the project underages and overages
are: in time or in money
– % of rework!
If you understand when your people are busy,
you are less likely to overschedule them!
Do you worry whether your organization is working on the right things?
Are your projects in line with your corporate objectives?
Have you ever asked yourself, what are all my people working on?
Do your projects take too long, and when they are done, do they not deliver business value?
Do you feel that your business initiatives are not getting the attention that you expect them to?
Need to define priorities (Priority Management).
Need to quantify opportunities and initiatives (Opportunity Management)
Need to prepare your work, using historical data (Work Initiation)
Need to automate your work delivery
Need to measure your people, your costs, and your progress (Work Analysis)
This all must b done real time
If you do not track time, you cannot get real time input. You will nit be able to monitor things in real time, and will get information too late to do anything with it.
Its like driving by looking in the rearview mirror.