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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.

Published in: Leadership & Management
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Project management today a step ahead

  1. 1. Project Management Today A Step Ahead
  2. 2. 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.
  3. 3. 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 BandwidthInterfaces 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
  4. 4. Business Led Project Management Project Management StrategicFocused Decisive Skilled Forward Thinking Confident
  5. 5. Leading TheWay 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.
  6. 6. Project Management Today 9 Steps to Success Execution Decision making Communication Strategy Development Team Management Business Acumen Technical competence Critical Thinking Leadership
  7. 7. 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
  8. 8. 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
  9. 9. 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
  10. 10. 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
  11. 11. 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.
  12. 12. 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.
  13. 13. 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.
  14. 14. Critical Thinking Identify Assumptions Check Accuracy andValidity 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.
  15. 15. 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.
  16. 16. 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
  17. 17. A Final Word Project Management will take you into your business future with confidence, direction and vision

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