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Project Management Trends

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Fast cahanges in business environment cause changes in project management. Here are 8 trends in project management

Fast cahanges in business environment cause changes in project management. Here are 8 trends in project management

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  • 1. Project Management Conference for Top Management
    11.1.11
    Project Management New Trends
    Dvir Zohar – Simple CEO
    www.rbsprojects.co.il
  • 2. AboutSimple
    We assist technology driven firms to run faster
    Our Uniqueness
    • State of the art PM methodologies (PMBOK, Agile, TOC, MSF and more)
    • 3. Business orientation
    • 4. Smooth implementation
    • 5. Fast ROI
    • 6. Simple solutions
    Methodology
    We supply a full project management solution
    Tools
    Training
    Project Management
    Office (PMO)
    Project managers
    www.simplesolutions.co.il
  • 7. The world is moving on and on
    Technology
    Complexity
    e- commerce
    Venture Capital
    M&A
    The world is flat
  • 8. tHE fast changes
    Brought many adjustments INto project management
    Eight main trends in project management in the world and in Israel
  • 9. Global Project Management
    Trend 1 –
    Global Project Management
    Benefits are high – Low cost, ability to
    expand, maintenance activities
    If you know how to manage them
    World wide competitors enjoy these benefits
  • 10. Understanding Culture Differences is not Enough
    GeertHofstede™ Cultural Dimensions - UAI
    Process, Process, Process (and PMO)
    Recruitment, Planning, monitoring, , deliveries, scope management, HR activities, training for TL, IT….
  • 11. Trend 2 –
    Risk Management
    In the world – about 1% of annual sales
    In Israel – 0.0?%
    (we are too busy in fire's extinguishing )
  • 12. 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
  • 13. Risk Management Levels
    Simple/small projects (M’s$) - a point model
    Complex/large projects – a range model
    Complex & large – Full simulations
    4
    7
    Probability
    6
    5
    3
    1
    2
    Damage level
  • 14. Quantitative risk analysis using Monte Carlo simulations
    What will happen if certain risks occur?
    47% to achieve target
    Probability
    Duration (months)
  • 15. RM requires processes & resources
    Organizational risk methodology
    Enterprise tools
    RMO (Risk Management Office)
    Risk reviews
    Training
  • 16. Trend 3 –
    Project Portfolio Management
  • 17. Trend 4 –
    ROI Calculations
    (Value Management)
  • 18. ROI is much more then Go/No Go
    Management can direct the development
    Realistic budget
    Valuable features
    Risks
    Key success factors
    Alternatives
    High
    Competitor 1
    WE
    Competitor 2
    Low
  • 19. Trend 5 –
    Agile Elements are Part of Project Management
  • 20. Trend 7 - Lightweight PM
  • 21. 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
  • 22. Trend 7 –
    KPI’s & Managerial Dashboards
  • 23. Trend 8 –
    Professional Project Management Office (PMO)
  • 24. Professional PMO
    Nearly 70% of organizations implementing PMOs report that project success rates have improved significantly as a result.
    Gartner Survey (2009)
  • 25. Summary – Major PM Trends