Extending Project Management  to the Enterprise Welcome Management and Technology Master Practitioner Series
Extending Project Management  to the Enterprise sponsored by NYU SCPS Programs in Business MS in Management and Systems a unique interdisciplinary program an MS degree providing: solid understanding of business disciplines cutting-edge IT knowledge  the knowledge to effectively manage  in today's challenging business environment
MS in Management and Systems select from four concentrations Database Technologies Enterprise Risk Management Systems Management Strategy and Leadership online and onsite courses
Extending Project Management to the Enterprise Master Practitioner Series Business Collaboration Manager  InterDyn Enterprise Portfolio and Project Management Solutions Group Microsoft Vice President  Profit Quest Consulting  Peter Ward Tommy Fu Doreen P. Fagiano
Enterprise Project Management Doreen P. Fagiano ProfitQuest Consulting Inc. [email_address] Master Practitioner Series
Enterprise Project Management The conscious integration of processes, technology, organization structure and people in order to align  strategy  with the execution of  projects .
Project Management Project Portfolio Management Program Management Technology People Organization Processes
Project Management TIME COST PERFORMANCE
Benefits of Formalizing PM Agreement among the project team, customer and management on the goals of the project A plan that shows an overall path and clear responsibility: to measure progress during the project Constant, effective communication  Controlled scope Management support
Project Management Project Portfolio Management Program Management Technology People Organization Processes
Establish Consistent PM Processes Practices Defined practices that can be implemented  consistently Standards That comply with accepted requirements Roles With clear responsibilities and decision points
PM Practices Project life cycle From kick-off to post project review Project management methodology Complex vs Simple Formal vs informal Templates, Checklists, Guidelines
Standards What? When? Who? How much? How long? Project Charter SOW Communication plan Resource plan Risk plan Quality plan Change Management plan
Roles Authority shapes processes and cultures: Portfolio level: who has the authority to approve or cancel a project? Program level: who has the authority to assign or remove people from project teams? Project level: what are the roles/authority of the project sponsor and project manager?
Project Roles Who will the project manager report to? What responsibility to the project will this person have? What does it mean to sponsor a project? What responsibility, if any, will functional management have for a project?
Establish an Enabling Organization Staff augmentation Consulting Mentoring Training Project archives Collecting/disseminating best practices Promoting/institutionalizing the project management profession Project Management Office
It’s  People who Deliver the Projects Institutionalizing the best project management practices creates an environment that teaches and reinforces project management skills to our PMs Unconscious competence All stakeholders have key roles to play in order to have effective EPM How do I fit into the big picture? How do I make  a contribution?
Rollout Enabling Technologies The information and telecommunication technology that enables people to follow the processes
Project Management Project Portfolio Management Program Management Technology People Organization Processes
If you don’t know where you’re going… … any map will do
Master Practitioner Series Microsoft’s Enterprise Project & Portfolio Management Solution Tommy Fu, EPM SSP [email_address]
Microsoft Project Evolution 2006 1996 #1 Project Portfolio Management Software Vendor 6 th  Largest business unit at Microsoft 2007-2009– $750mm   $1billion  23 Different Languages Program  Management Portfolio  Management SharePoint   & .NET Platform Project  Collaboration Resource Management Financial Management Scheduling Task  Management Simple  Reporting Resource Tracking E-mail & Print
What Is Enterprise Project Management (EPM)?
Work Management Visibility, Insight and Control EPM System Project and Portfolio  Program Executives Track the entire project lifecycle Organizational Visibility Team Members See simple view of all projects and programs PMO Manage scope, risk, quality, issues, and schedules Prioritize all project work with enterprise objectives Visibility Insight Control
Resource Management Align, Automate and Accelerate Resource Repository People & Time Finance Material Accelerate Track costs and budget to better understand finances Create transparent schedules Executives Centralized data facilitates cross project analysis of finances, resources, schedules and materials PMO Resource Managers Allocate resources based on their skills and availability Align Automate
Portfolio Optimization  Create, Select, and Manage Project Repository Analysis and Selection Reporting Dash boarding Align selected portfolios with your business strategy Determine optimal  portfolio under  budget and business constraints  Prioritize business strategy and competing investments  Manage  Quickly realize a return on investment Measure and track  portfolio performance Create Select
Team Collaboration Store, share and track Central Repository People Information Project Share documents, synchronize calendars, stay up to date with team events, and assign tasks Collaborate via project workspaces and access project information through the Internet Manage team documents with metadata, workflow, search, check-in and check-out and document versioning Track Store Share
EPM Solution Components Line of Business Systems Executives  Portfolio Analysts Project Managers Application Managers Project Managers Executives  Resource Managers Team Members Office Project Portfolio Server 2007 integrates with Office Project Server 2007
Enterprise Project & Portfolio Management
Key Takeaways Facilitates strategic portfolio decision making Leverages existing investments Manages work across the entire project lifecycle Delivers an easy to administer enterprise ready platform
Next Steps Install the EPM Solution evaluation today Learn more at  http://www.microsoft.com/project   Learn more about Windows Vista, Exchange 2007 or the 2007 Office system at  http://microsoft.com/businesslaunch2007
Implementing Enterprise Project Management and MS Project Server 2007 Peter Ward Business Collaboration Manager Web: -www.interdyn.com Blog:- www.wardpeter.com Master Practitioner Series
Cultural Acceptance of Enterprise Project Management Develop a culture centered on project management  This objective is very difficult to achieve Technology is only an enabler Behavior often retrogrades to original state Policies, procedures, accountability and leader behavior must offer sustained support “Culture change, that big elusive goal, often starts with one small “WOW” project”  –  Tom Peters, Author of  In Search of Excellence
Do's and don'ts Do’s Treat the process as a project  Get IT involved Train project manager and users Review the process Don’ts Keep it under the radar Big bang approach
Perspectives and skills vital to project management Conceptual  Relationship Skills Technical Governance Committee Implement. Team Other Tec. & Prof’s.
The Business Objectives INFORMAL  ORGANIZATION PERFORMANCE Organization Group/Unit Individual INPUT Environment Resources History Form Structures & Systems O U T P U T Individuals WORK The Organization Leadership Objectives Feedback Feedback STRATEGY Feedback
Building a Business Case Why is it important? blogs, wikis, instant messaging and web conferencing Bean Counters generally buy on: “ We believe that by deploying project management tools we make our employees more productive, thus improving the bottom line (e.g. either making more money or saving more money).” ROI Strategy Reduce head count by 2 people => $100k saving Products go to market not just quicker, but in 4 months, not 6.
NYU MS in Management and Systems 'The M.S. challenges students to examine the intrinsic inter-relationship between business and technology and how leaders and managers can harness that knowledge to advance their companies. This is a new skill set and those who possess it will be the ones to watch.' -  Guldem Gokcek, Ph.D, Faculty
Talk and Chalk Sessions

Enterprise Project Management

  • 1.
    Extending Project Management to the Enterprise Welcome Management and Technology Master Practitioner Series
  • 2.
    Extending Project Management to the Enterprise sponsored by NYU SCPS Programs in Business MS in Management and Systems a unique interdisciplinary program an MS degree providing: solid understanding of business disciplines cutting-edge IT knowledge the knowledge to effectively manage in today's challenging business environment
  • 3.
    MS in Managementand Systems select from four concentrations Database Technologies Enterprise Risk Management Systems Management Strategy and Leadership online and onsite courses
  • 4.
    Extending Project Managementto the Enterprise Master Practitioner Series Business Collaboration Manager InterDyn Enterprise Portfolio and Project Management Solutions Group Microsoft Vice President Profit Quest Consulting Peter Ward Tommy Fu Doreen P. Fagiano
  • 5.
    Enterprise Project ManagementDoreen P. Fagiano ProfitQuest Consulting Inc. [email_address] Master Practitioner Series
  • 6.
    Enterprise Project ManagementThe conscious integration of processes, technology, organization structure and people in order to align strategy with the execution of projects .
  • 7.
    Project Management ProjectPortfolio Management Program Management Technology People Organization Processes
  • 8.
    Project Management TIMECOST PERFORMANCE
  • 9.
    Benefits of FormalizingPM Agreement among the project team, customer and management on the goals of the project A plan that shows an overall path and clear responsibility: to measure progress during the project Constant, effective communication Controlled scope Management support
  • 10.
    Project Management ProjectPortfolio Management Program Management Technology People Organization Processes
  • 11.
    Establish Consistent PMProcesses Practices Defined practices that can be implemented consistently Standards That comply with accepted requirements Roles With clear responsibilities and decision points
  • 12.
    PM Practices Projectlife cycle From kick-off to post project review Project management methodology Complex vs Simple Formal vs informal Templates, Checklists, Guidelines
  • 13.
    Standards What? When?Who? How much? How long? Project Charter SOW Communication plan Resource plan Risk plan Quality plan Change Management plan
  • 14.
    Roles Authority shapesprocesses and cultures: Portfolio level: who has the authority to approve or cancel a project? Program level: who has the authority to assign or remove people from project teams? Project level: what are the roles/authority of the project sponsor and project manager?
  • 15.
    Project Roles Whowill the project manager report to? What responsibility to the project will this person have? What does it mean to sponsor a project? What responsibility, if any, will functional management have for a project?
  • 16.
    Establish an EnablingOrganization Staff augmentation Consulting Mentoring Training Project archives Collecting/disseminating best practices Promoting/institutionalizing the project management profession Project Management Office
  • 17.
    It’s Peoplewho Deliver the Projects Institutionalizing the best project management practices creates an environment that teaches and reinforces project management skills to our PMs Unconscious competence All stakeholders have key roles to play in order to have effective EPM How do I fit into the big picture? How do I make a contribution?
  • 18.
    Rollout Enabling TechnologiesThe information and telecommunication technology that enables people to follow the processes
  • 19.
    Project Management ProjectPortfolio Management Program Management Technology People Organization Processes
  • 20.
    If you don’tknow where you’re going… … any map will do
  • 21.
    Master Practitioner SeriesMicrosoft’s Enterprise Project & Portfolio Management Solution Tommy Fu, EPM SSP [email_address]
  • 22.
    Microsoft Project Evolution2006 1996 #1 Project Portfolio Management Software Vendor 6 th Largest business unit at Microsoft 2007-2009– $750mm  $1billion 23 Different Languages Program Management Portfolio Management SharePoint & .NET Platform Project Collaboration Resource Management Financial Management Scheduling Task Management Simple Reporting Resource Tracking E-mail & Print
  • 23.
    What Is EnterpriseProject Management (EPM)?
  • 24.
    Work Management Visibility,Insight and Control EPM System Project and Portfolio Program Executives Track the entire project lifecycle Organizational Visibility Team Members See simple view of all projects and programs PMO Manage scope, risk, quality, issues, and schedules Prioritize all project work with enterprise objectives Visibility Insight Control
  • 25.
    Resource Management Align,Automate and Accelerate Resource Repository People & Time Finance Material Accelerate Track costs and budget to better understand finances Create transparent schedules Executives Centralized data facilitates cross project analysis of finances, resources, schedules and materials PMO Resource Managers Allocate resources based on their skills and availability Align Automate
  • 26.
    Portfolio Optimization Create, Select, and Manage Project Repository Analysis and Selection Reporting Dash boarding Align selected portfolios with your business strategy Determine optimal portfolio under budget and business constraints Prioritize business strategy and competing investments Manage Quickly realize a return on investment Measure and track portfolio performance Create Select
  • 27.
    Team Collaboration Store,share and track Central Repository People Information Project Share documents, synchronize calendars, stay up to date with team events, and assign tasks Collaborate via project workspaces and access project information through the Internet Manage team documents with metadata, workflow, search, check-in and check-out and document versioning Track Store Share
  • 28.
    EPM Solution ComponentsLine of Business Systems Executives Portfolio Analysts Project Managers Application Managers Project Managers Executives Resource Managers Team Members Office Project Portfolio Server 2007 integrates with Office Project Server 2007
  • 29.
    Enterprise Project &Portfolio Management
  • 30.
    Key Takeaways Facilitatesstrategic portfolio decision making Leverages existing investments Manages work across the entire project lifecycle Delivers an easy to administer enterprise ready platform
  • 31.
    Next Steps Installthe EPM Solution evaluation today Learn more at http://www.microsoft.com/project Learn more about Windows Vista, Exchange 2007 or the 2007 Office system at http://microsoft.com/businesslaunch2007
  • 32.
    Implementing Enterprise ProjectManagement and MS Project Server 2007 Peter Ward Business Collaboration Manager Web: -www.interdyn.com Blog:- www.wardpeter.com Master Practitioner Series
  • 33.
    Cultural Acceptance ofEnterprise Project Management Develop a culture centered on project management This objective is very difficult to achieve Technology is only an enabler Behavior often retrogrades to original state Policies, procedures, accountability and leader behavior must offer sustained support “Culture change, that big elusive goal, often starts with one small “WOW” project” – Tom Peters, Author of In Search of Excellence
  • 34.
    Do's and don'tsDo’s Treat the process as a project Get IT involved Train project manager and users Review the process Don’ts Keep it under the radar Big bang approach
  • 35.
    Perspectives and skillsvital to project management Conceptual Relationship Skills Technical Governance Committee Implement. Team Other Tec. & Prof’s.
  • 36.
    The Business ObjectivesINFORMAL ORGANIZATION PERFORMANCE Organization Group/Unit Individual INPUT Environment Resources History Form Structures & Systems O U T P U T Individuals WORK The Organization Leadership Objectives Feedback Feedback STRATEGY Feedback
  • 37.
    Building a BusinessCase Why is it important? blogs, wikis, instant messaging and web conferencing Bean Counters generally buy on: “ We believe that by deploying project management tools we make our employees more productive, thus improving the bottom line (e.g. either making more money or saving more money).” ROI Strategy Reduce head count by 2 people => $100k saving Products go to market not just quicker, but in 4 months, not 6.
  • 38.
    NYU MS inManagement and Systems 'The M.S. challenges students to examine the intrinsic inter-relationship between business and technology and how leaders and managers can harness that knowledge to advance their companies. This is a new skill set and those who possess it will be the ones to watch.' - Guldem Gokcek, Ph.D, Faculty
  • 39.