This keynote presentation is intended for those executives who do not recognize that project, program, and portfolio management is a vital core competence for every enterprise today.
Lecture on project governance and failure presented to a Master’s level class in strategic project management at University College London on March 25-26, 2009. The class was led by Dr. Andrew Edkins, UCL Senior Lecturer.
I blogged about this on ZDNet: http://blogs.zdnet.com/projectfailures/?p=2528
Stakeholder Management – To identify and manage stakeholders throughout the life cycle of the project and increase the chance of project success.
---
Why to Identify Stakeholders?
How to Identify Stakeholders?
How to Manage Stakeholders?
---
This keynote presentation is intended for those executives who do not recognize that project, program, and portfolio management is a vital core competence for every enterprise today.
Lecture on project governance and failure presented to a Master’s level class in strategic project management at University College London on March 25-26, 2009. The class was led by Dr. Andrew Edkins, UCL Senior Lecturer.
I blogged about this on ZDNet: http://blogs.zdnet.com/projectfailures/?p=2528
Stakeholder Management – To identify and manage stakeholders throughout the life cycle of the project and increase the chance of project success.
---
Why to Identify Stakeholders?
How to Identify Stakeholders?
How to Manage Stakeholders?
---
FROM PMO TO STRATEGIC PMO - AN INDIRECT APPROACHPhilippe Husser
Managing effectively a portfolio of strategic initiatives is a key success factor. However too often we, PMO, are considered as paper tigers. Truth to be told, too often we, PMO, also lack the required skills.
However, there is an approach which allows PMO to acquire skills and demonstrate benefits. This is the indirect approach. The indirect approach is the only one working in large complex organizations.
This presentation focuses on three points:
• First we will explore three key domains of knowledge I explored myself with great benefits
• Second we will share seven snapshots of what I experienced in terms of indirect approach as a PMO at Michelin
• Third I will share with you three takeaways for PMOs to learn and apply
The three domains to explore are:
• Complexity, and a few key characteristics of complex adaptive systems
• Indirectness, and two samples of direct and indirect approaches
• Strategy, and differences in two key schools of strategic thought
The indirect approach will then be walked-through seven real life snapshots:
• Program Cause and Approach
• Local Relays
• First Benefits
• Single Version of Truth
• Tipping Point
• Strategic Gap
• Strategic Initiatives
From this journey, we will share three key takeways to learn and apply by PMO:
• First, learn and apply Complex Adaptive Systems and Chaos Theory
• Second, learn and apply Dual-Mode Strategies
• Third, learn and apply Human Dynamics and how to develop an Appealing WIIFM Cause and an Alliance you Lead from Behind
Agile Program Management: Moving from Principles to PracticeGlen Alleman
Agile program management is the “glue” between IT
strategy and the delivery of business value. Capabilities-based
planning identifies needed features and functions, allowing
the portfolio manager to incrementally measure value through
the assessment of the increasing maturity of significant
accomplishments and exit criteria that represent the
business capabilities.
Project Management Fundamentals is a beginner-level Project Management course that is ideal for individuals and enterprises that are looking to gain a fundamental understanding of project management best practices used globally.
This Project Management Fundamentals training course is ideal for anybody whose work directly or indirectly supports projects. (entry-level project/program managers or future project managers who desire an increased understanding of how to successfully manage a project and improve their day-to-day work by applying project management best practices.)
To know more about Project Management Fundamentals training worldwide,
please contact us at -
Email: support@invensislearning.com
Phone - US +1-910-726-3695,
Website: https://www.invensislearning.com
How to implement team communication strategies remotelyOrangescrum
Team communication is the foundation of any project’s success. This especially becomes challenging even for remote teams. Project management software like Orangescrum helps in better team collaboration.
Agile Project Management Methods of IT ProjectsGlen Alleman
Agile project management methodologies used to develop, deploy, or acquire information technology systems have begun to enter the vocabulary of modern organizations. Much in the same way lightweight and agile manufacturing or business management processes have over the past few years. This chapter is about applying Agile methods in an environment that may be more familiar with high ceremony project management methods – methods that might be considered heavy weight in terms of today’s agile vocabulary.
fective project management is critical to ensure that the results meet stakeholder expectations, yet organizations resist project management due to the perception that it must be complex and require excessive effort and expense.
This solution set overview will help you:
•Understand the Project Management Essentials.
•Implement the essentials to improve project success rates.
•Link to tools and templates for successful project planning, monitoring, and communication.
Clear success criteria, strong soft skills, a focus on resource planning, and an active approach to project management are more important than formalized frameworks, certified project managers or complex software.
FROM PMO TO STRATEGIC PMO - AN INDIRECT APPROACHPhilippe Husser
Managing effectively a portfolio of strategic initiatives is a key success factor. However too often we, PMO, are considered as paper tigers. Truth to be told, too often we, PMO, also lack the required skills.
However, there is an approach which allows PMO to acquire skills and demonstrate benefits. This is the indirect approach. The indirect approach is the only one working in large complex organizations.
This presentation focuses on three points:
• First we will explore three key domains of knowledge I explored myself with great benefits
• Second we will share seven snapshots of what I experienced in terms of indirect approach as a PMO at Michelin
• Third I will share with you three takeaways for PMOs to learn and apply
The three domains to explore are:
• Complexity, and a few key characteristics of complex adaptive systems
• Indirectness, and two samples of direct and indirect approaches
• Strategy, and differences in two key schools of strategic thought
The indirect approach will then be walked-through seven real life snapshots:
• Program Cause and Approach
• Local Relays
• First Benefits
• Single Version of Truth
• Tipping Point
• Strategic Gap
• Strategic Initiatives
From this journey, we will share three key takeways to learn and apply by PMO:
• First, learn and apply Complex Adaptive Systems and Chaos Theory
• Second, learn and apply Dual-Mode Strategies
• Third, learn and apply Human Dynamics and how to develop an Appealing WIIFM Cause and an Alliance you Lead from Behind
Agile Program Management: Moving from Principles to PracticeGlen Alleman
Agile program management is the “glue” between IT
strategy and the delivery of business value. Capabilities-based
planning identifies needed features and functions, allowing
the portfolio manager to incrementally measure value through
the assessment of the increasing maturity of significant
accomplishments and exit criteria that represent the
business capabilities.
Project Management Fundamentals is a beginner-level Project Management course that is ideal for individuals and enterprises that are looking to gain a fundamental understanding of project management best practices used globally.
This Project Management Fundamentals training course is ideal for anybody whose work directly or indirectly supports projects. (entry-level project/program managers or future project managers who desire an increased understanding of how to successfully manage a project and improve their day-to-day work by applying project management best practices.)
To know more about Project Management Fundamentals training worldwide,
please contact us at -
Email: support@invensislearning.com
Phone - US +1-910-726-3695,
Website: https://www.invensislearning.com
How to implement team communication strategies remotelyOrangescrum
Team communication is the foundation of any project’s success. This especially becomes challenging even for remote teams. Project management software like Orangescrum helps in better team collaboration.
Agile Project Management Methods of IT ProjectsGlen Alleman
Agile project management methodologies used to develop, deploy, or acquire information technology systems have begun to enter the vocabulary of modern organizations. Much in the same way lightweight and agile manufacturing or business management processes have over the past few years. This chapter is about applying Agile methods in an environment that may be more familiar with high ceremony project management methods – methods that might be considered heavy weight in terms of today’s agile vocabulary.
fective project management is critical to ensure that the results meet stakeholder expectations, yet organizations resist project management due to the perception that it must be complex and require excessive effort and expense.
This solution set overview will help you:
•Understand the Project Management Essentials.
•Implement the essentials to improve project success rates.
•Link to tools and templates for successful project planning, monitoring, and communication.
Clear success criteria, strong soft skills, a focus on resource planning, and an active approach to project management are more important than formalized frameworks, certified project managers or complex software.
Project Plan
Project Management
Sherrell Holifield
American Intercontinental University
Author Note
This paper was prepared for MGMT-412-1401B-01 taught by Donald Buresh
Project Plan Overview
Describe how the project will be measured for success.
Schedule- Deadlines are sometimes hard to meet according to the client. Most just want it done. Knowing the factors of the schedule and finishing the product within the estimated time frame is a plan for success.
Scope- Knowing what needs to be done and keeping that schedule in mind will be beneficial. The scope is the most important part of the project.
Budget- Sticking to the budget that was quoted prior to start of the project will prove successful for client and the business. (Pozin, 2012)
Making sure that those involved have an understanding of what the project should look like, it a plan for success. There are quite a few elements that can cause issues within any project. They include the budget, poor dynamics of the team and bureaucracy.
2
Project Risks
Possible Risk
Cost
Schedule
Financial
Contractual
Weather
Environmental
Client(s) (PM4ID, 2014)
Being able to identify the risk is a disciplined and creative process. Having brainstorming sessions that includes the team and their ideas is always helpful. The first task to is to identify the possible risk that could occur.
3
Project Risk
Probability of Risk
There is a high and low potential of risk occurring.
High impact- may require mitigation and can help narrow the focus on the critical risk.
Evaluating risk mean to focusing on those that will have the greatest possibility of occurring.
Low impact- Are those that may go unnoticed and will least likely affect the project. (PM4ID, 2014)
Not all risk are the same. Some projects are more than likely to have issues compared to others. The cost associated with these risk can vary.
4
Project Risk
Mitigation
Risk are mitigated in several ways.
Sharing
Avoidance
Reduction
Transfer
(PM4ID, 2014)
Once the risk are identified in any project a mitigation plan is required. This plan helps to reduce the results of an unplanned occurrence.
5
Project Risk
Sharing- Partnering with others that will share in the risk of activities. When the others have experience that the team on the project does not have they have an advantage.
Avoidance- This form of mitigation creates an alternate strategy which includes higher cost with the new plan.
Reduction- this decrease risk on the project with an investment of funds. (PM4ID, 2014)
Transfer-This mitigation tactic transfers the risk of the project to another group. (PM4ID, 2014)
Mitigation tactics vary. Each comes with ways to share the weight of the project and decrease the risk that will heavily impact the project. Sharing those risk with others that are more experienced can help to eliminate those risk or decrease them.
6
Project Risk
Contingency Plan
The contingency plan involves an alternate plan.
Funds are put in reserve under t.
Pearson HND BTEC Level 5 HNDManaging a Successful Business Pr.docxAASTHA76
Pearson HND BTEC Level 5 HND
Managing a Successful Business Project (MSBP)
LO 1
[email protected]
Managing a Successful Business Project
Learning Outcomes
By the end of this module you will be able to:
Establish project aims, objectives and timeframes based on the chosen theme.
Conduct small-scale research, information gathering and data collection to generate knowledge to support your project.
Present your project and communicate appropriate recommendations based on meaningful conclusions drawn from the evidence findings and/or analysis.
Reflect on the value you have gained from conducting a project and its usefulness to support sustainable organisational performance.
LO1 : Establish project aims, objectives and timeframes based on the chosen theme.
P1 - Devise project aims and objectives for a chosen scenario.
P2 - Produce a project management plan that covers aspects of cost, scope, time, quality, communication, risk and resources.
P3 - Produce a work breakdown structure and a Gantt Chart to provide timeframes and stages for completion.
What is project management and what does it involve?
What is project management and what does it involve?
Most firms day to day operations serve customers through a network of inter connecting business processes, as business volumes change, the loading on these processes can increase or decrease (Nokes et. al. 2003) and there is often a need for some adaption in each process.
There may be a cumulative effect of many adaptions just to change of one of the processes, and as markets are subject to rapid change firms cannot afford to wait for gradual adaptions to take effect, therefore projects are required to provide a structure for making changes at a faster rate.
Nokes et al suggests that “ as markets increase and product cycles shorten the importance of projects will increase”. Projects are required to replace old and inefficient ways of doing things to methods better suited to modern market conditions.
Projects and the management of projects may be needed to tackle new problems.
Benefit of using case studies
In the aftermath of a series of acquisitions and mergers, a large financial services firm found itself attempting to operate with nearly seven hundred job titles for many similar positions due to the continued use of multiple legacy HR systems. The organization wanted to develop and implement a common set of job families and titles that could be used across the entire organization. Realizing the complexity of the task as well as a lack of internal expertise, they decided to seek external resources to carry out the work (Kaplan & Norton, 1996).
In order to begin developing a general overview of the project’s scope and cost, it is often helpful to collect information about how others have approached the same issue. This can be done through informal benchmarking efforts, consulting with colleagues.
Covering all the aspects of project management related to its characteristics, need, and importance, project life cycle, the Socio-Technical Approach to Project Management and its current drivers.
DISCUSSION POINTS:
1. UNDERSTANDING PROJECT BASICS
2. IMPORTANCE OF PROJECT MANAGEMENT
3. PROJECT MANAGEMENT KNOWLEDGE AREAS
4. PROJECT CONSTRAINTS
5. MAJOR CHALLENGES AND THE WAY FORWARD
Free Webinar on "Major Project Management Challenges and the Way Forward"
https://www.facebook.com/events/1240889433429450
importance of resources allocation in formal method of software engineering ...abdulrafaychaudhry
Project management is a very wide area of work, particularly in business. It covers many different topics which can be broken into even smaller particles. Work of a project manager is not only about giving people orders and telling them what to do. Many people limit their work of a project manager to supervising their employees and making sure everyone meets their deadline. But a good project manager knows it’s more than that.
Resource allocation in project management is one of those particles which make work of a good PM effective and significant. And even though it may seem simple, it is actually crucial in delivering a great project.
Resource allocation in project management is concerned with creating a plan which can help achieve future goals. There are many resources which have to be allocated when managing a project, beginning from budget to equipment and tools, to data and the project’s plan.
How To Allocate Resources
Resource allocation in project management is so important because it gives a clear picture on the amount of work that has to be done. It also helps to schedule ahead and have an insight into the team’s progress, including allocating the right amount of time to everyone on the team.
Resource allocation allows to plan and prepare for the project’s implementation or achieving goals. It is also possible to analyze existing threats and risks to the project.
But above all, resource allocation in project management helps to control all the workload. This, as a result, contributes to team’s effectiveness at work and what follows later is a satisfying and exhaustive project.
PMP - Project Initiation Template for ProfessionalsDaniel_Mccrea
WHAT
--------------
A helpful guide for Project Management Professionals who are at the beginning of their projects in 'Project Initiation'.
FOR
--------------
Written in plain English for use in the real world (not just for study). If you're a professional who's rusty on Initiation or have fallen into bad habits - this guide will remind you what questions to ask,...and why!
BY
--------------
Daniel Mccrea a PRINCE2(R) and PMP(R) certified Project Manager specialising in online Software/ & Content Delivery.
Visit me here:
ie.linkedin.com/in/danielmccrea/
From DrupalCon Chicago 2011, Treehouse SVP, Operations, Nicole Lind joins colleagues from other top agencies to discuss approaches to managing enterprise-level Drupal projects.
Questions answered by this session
Question 1: How does PM involvement impact the various phases of a project and the organization... and should it?
Question 2: How do you say "No" to the wrong type of work and still keep a positive client relationship?
Question 3: How do you partner with clients to ensure the project needs are met?
Question 4: Are there differences in managing Drupal projects versus other technology projects?
Question 5: What are some shared tools to help navigate the questions being answered in this session?
Entroids Introduces the "Think-Plan-Do" framework for execution - A GPS for N...Entroids
Think-Plan-Do framework links strategic project needs to team's current actions - enabling you to zoom in and out of you execution journey link google maps
New Product Development In Engineering Companies Lack Strategic Alignment with Daily Execution. Conventional project management tools drive the chaos higher by loosing focus on the important tasks in execution and team accountability takes a hit.
How many times have your New product development teams updated your Gantt Charts in building an engineering product? Do you know if all your team members are aligned and working on the most important things daily to achieve your set NPD Goals. This results in extensive schedule delays, resource wastage , lack of focus as a team, and then project management becomes a pain. This is because project management Gantt charts are not for NPDs in developing engineering products. Entroids Way is as simple as THINK-PLAN-DO. It enables a simple yet powerful frame work for project execution and continuously align with your overall strategy.
Government innovative projects often end when the innovator leaves. We explore what causes that as well as thoughts about how to prepare, on the front end, for the innovator's exit.
This presentation was given at NAGW2017 on September 20, 2017 in San Diego
Everyone knows the power of stories, but when asked to come up with them, we struggle. Either we second guess ourselves as to the story's relevance, or we just come up blank and can't think of any. Unlocking Everyday Narratives: The Power of Storytelling in Marketing will teach you how to recognize stories in the moment and to recall forgotten moments that your audience needs to hear.
Key Takeaways:
Understand Why Personal Stories Connect Better
How To Remember Forgotten Stories
How To Use Customer Experiences As Stories For Your Brand
It's another new era of digital and marketers are faced with making big bets on their digital strategy. If you are looking at modernizing your tech stack to support your digital evolution, there are a few can't miss (often overlooked) areas that should be part of every conversation. We'll cover setting your vision, avoiding siloes, adding a democratized approach to data strategy, localization, creating critical governance requirements and more. Attendees will walk away with actions they can take into initiatives they are running today and consider for the future.
Is AI-Generated Content the Future of Content Creation?Cut-the-SaaS
Discover the transformative power of AI in content creation with our presentation, "Is AI-Generated Content the Future of Content Creation?" by Puran Parsani, CEO & Editor of Cut-The-SaaS. Learn how AI-generated content is revolutionizing marketing, publishing, education, healthcare, and finance by offering unprecedented efficiency, creativity, and scalability.
Understanding
AI-Generated Content:
AI-generated content includes text, images, videos, and audio produced by AI without direct human involvement. This technology leverages large datasets to create contextually relevant and coherent material, streamlining content production.
Key Benefits:
Content Creation: Rapidly generate high-quality content for blogs, articles, and social media.
Brainstorming: AI simulates conversations to inspire creative ideas.
Research Assistance: Efficiently summarize and research information.
Market Insights:
The content marketing industry is projected to grow to $17.6 billion by 2032, with AI-generated content expected to dominate over 55% of the market.
Case Study: CNET’s AI Content Controversy:
CNET’s use of AI for news articles led to public scrutiny due to factual inaccuracies, highlighting the need for transparency and human oversight.
Benefits Across Industries:
Marketing: Personalize content at scale and optimize engagement with predictive analytics.
Publishing: Automate content creation for faster publication cycles.
Education: Efficiently generate educational materials.
Healthcare: Create accurate content for patients and professionals.
Finance: Produce timely financial content for decision-making.
Challenges and Ethical Considerations:
Transparency: Disclose AI use to maintain trust.
Bias: Address potential AI biases with diverse datasets.
SEO: Ensure AI content meets SEO standards.
Quality: Maintain high standards to prevent misinformation.
Conclusion:
AI-generated content offers significant benefits in efficiency, personalization, and scalability. However, ethical considerations and quality assurance are crucial for responsible use. Explore the future of content creation with us and see how AI is transforming various industries.
Connect with Us:
Follow Cut-The-SaaS on LinkedIn, Instagram, YouTube, Twitter, and Medium. Visit cut-the-saas.com for more insights and resources.
Monthly Social Media News Update May 2024Andy Lambert
TL;DR. These are the three themes that stood out to us over the course of last month.
1️⃣ Social media is becoming increasingly significant for brand discovery. Marketers are now understanding the impact of social and budgets are shifting accordingly.
2️⃣ Instagram’s new algorithm and latest guidance will help us maintain organic growth. Instagram continues to evolve, but Reels remains the most crucial tool for growth.
3️⃣ Collaboration will help us unlock growth. Who we work with will define how fast we grow. Meta continues to evolve their Creator Marketplace and now TikTok are beginning to push ‘collabs’ more too.
SEO as the Backbone of Digital MarketingFelipe Bazon
In this talk Felipe Bazon will share how him and his team at Hedgehog Digital share our journey of making C-Levels alike, specially CMOS realize that SEO is the backbone of digital marketing by showing how SEO can contribute to brand awareness, reputation and authority and above all how to use SEO to create more robust global marketing strategies.
For too many years marketing and sales have operated in silos...while in some forward thinking companies, the two organizations work together to drive new opportunity development and revenue. This session will explore the lessons learned in that beautiful dance that can occur when marketing and sales work together...to drive new opportunity development, account expansion and customer satisfaction.
No, this is not a conversation about MQLs and SQLs. Instead we will focus on a framework that allows the two organizations to drive company success together.
The digital marketing industry is changing faster than ever and those who don’t adapt with the times are losing market share. Where should marketers be focusing their efforts? What strategies are the experts seeing get the best results? Get up-to-speed with the latest industry insights, trends and predictions for the future in this panel discussion with some leading digital marketing experts.
Digital Commerce Lecture for Advanced Digital & Social Media Strategy at UCLA...Valters Lauzums
E-commerce in 2024 is characterized by a dynamic blend of opportunities and significant challenges. Supply chain disruptions and inventory shortages are critical issues, leading to increased shipping delays and rising costs, which impact timely delivery and squeeze profit margins. Efficient logistics management is essential, yet it is often hampered by these external factors. Payment processing, while needing to ensure security and user convenience, grapples with preventing fraud and integrating diverse payment methods, adding another layer of complexity. Furthermore, fulfillment operations require a streamlined approach to handle volume spikes and maintain accuracy in order picking, packing, and shipping, all while meeting customers' heightened expectations for faster delivery times.
Amid these operational challenges, customer data has emerged as an important strategy. By focusing on personalization and enhancing customer experience from historical behavior, businesses can deliver improved website and brand experienced, better product recommendations, optimal promotions, and content to meet individual preferences. Better data analytics can also help in effectively creating marketing campaigns, improving customer retention, and driving product development and inventory management.
Innovative formats such as social commerce and live shopping are beginning to impact the digital commerce landscape, offering new ways to engage with customers and drive sales, and may provide opportunity for brands that have been priced out or seen a downturn with post-pandemic shopping behavior. Social commerce integrates shopping experiences directly into social media platforms, tapping into the massive user bases of these networks to increase reach and engagement. Live shopping, on the other hand, combines entertainment and real-time interaction, providing a dynamic platform for showcasing products and encouraging immediate purchases. These innovations not only enhance customer engagement but also provide valuable data for businesses to refine their strategies and deliver superior shopping experiences.
The e-commerce sector is evolving rapidly, and businesses that effectively manage operational challenges and implement innovative strategies are best positioned for long-term success.
Mastering Multi-Touchpoint Content Strategy: Navigate Fragmented User JourneysSearch Engine Journal
Digital platforms are constantly multiplying, and with that, user engagement is becoming more intricate and fragmented.
So how do you effectively navigate distributing and tailoring your content across these various touchpoints?
Watch this webinar as we dive into the evolving landscape of content strategy tailored for today's fragmented user journeys. Understanding how to deliver your content to your users is more crucial than ever, and we’ll provide actionable tips for navigating these intricate challenges.
You’ll learn:
- How today’s users engage with content across various channels and devices.
- The latest methodologies for identifying and addressing content gaps to keep your content strategy proactive and relevant.
- What digital shelf space is and how your content strategy needs to pivot.
With Wayne Cichanski, we’ll explore innovative strategies to map out and meet the diverse needs of your audience, ensuring every piece of content resonates and connects, regardless of where or how it is consumed.
When most people in the industry talk about online or digital reputation management, what they're really saying is Google search and PPC. And it's usually reactive, left dealing with the aftermath of negative information published somewhere online. That's outdated. It leaves executives, organizations and other high-profile individuals at a high risk of a digital reputation attack that spans channels and tactics. But the tools needed to safeguard against an attack are more cybersecurity-oriented than most marketing and communications professionals can manage. Business leaders Leaders grasp the importance; 83% of executives place reputation in their top five areas of risk, yet only 23% are confident in their ability to address it. To succeed in 2024 and beyond, you need to turn online reputation on its axis and think like an attacker.\
Key Takeaways:
- New framework for examining and safeguarding an online reputation
- Tools and techniques to keep you a step ahead
- Practical examples that demonstrate when to act, how to act and how to recover
A.I. (artificial intelligence) platforms are popping up all the time, and many of them can and should be used to help grow your brand, increase your sales and decrease your marketing costs.In this presentation:We will review some of the best AI platforms that are available for you to use.We will interact with some of the platforms in real-time, so attendees can see how they work.We will also look at some current brands that are using AI to help them create marketing messages, saving them time and money in the process. Lastly, we will discuss the pros and cons of using AI in marketing & branding and have a lively conversation that includes comments from the audience.
Key Takeaways:
Attendees will learn about LLM platforms, like ChatGPT, and how they work, with preset examples and real time interactions with the platform. Attendees will learn about other AI platforms that are creating graphic design elements at the push of a button...pre-set examples and real-time interactions.Attendees will discuss the pros & cons of AI in marketing + branding and share their perspectives with one another. Attendees will learn about the cost savings and the time savings associated with using AI, should they choose to.
Financial curveballs sent many American families reeling in 2023. Household budgets were squeezed by rising interest rates, surging prices on everyday goods, and a stagnating housing market. Consumers were feeling strapped. That sentiment, however, appears to be waning. The question is, to what extent?
To take the pulse of consumers’ feelings about their financial well-being ahead of a highly anticipated election, ThinkNow conducted a nationally representative quantitative survey. The survey highlights consumers’ hopes and anxieties as we move into 2024. Let's unpack the key findings to gain insights about where we stand.
How to Use AI to Write a High-Quality Article that Ranksminatamang0021
In the world of content creation, many AI bloggers have drifted away from their original vision, resulting in low-quality articles that search engines overlook. Don't let that happen to you! Join us to discover how to leverage AI tools effectively to craft high-quality content that not only captures your audience's attention but also ranks well on search engines.
Disclaimer: Some of the prompts mentioned here are the examples of Matt Diggity. Please use it as reference and make your own custom prompts.
The Forgotten Secret Weapon of Digital Marketing: Email
Digital marketing is a rapidly changing, ever evolving industry--Influencers, Threads, X, AI, etc. But one of the most effective digital marketing tools is also one of the oldest: Email. Find out from two Houston-based digital experts how to maximize your results from email.
Key Takeaways:
Email has the best ROI of any digital tactic
It can be used at any stage of the customer journey
It is increasingly important as the cookie-less future gets closer and closer
2. Session Outline
Facilitator Introduction
Why bother with Project Management (PM)?
A PM Framework
Stakeholders & Group exercise (45m)
Coffee Break (15m)
The Importance of Project Planning
Risk & Group Exercise (45m)
Close
3.
4. Professional Career
Started as a computer programmer with the Co-op in
Manchester (1985)
Moved to Littlewoods as an Analyst Programmer
Self employed contractor for 4 years designing mainframe
systems
Joined Dearborn Chemicals in 1992 – spent 12 years
managing field sales force systems, initially for UK, then
Europe, ending up as Global Technology Manager for
GE Betz after 4 corporate takeovers
20 years working in a variety of organisations, at
many levels, initiating & managing change
5. LearningTalk
Founding Director of LearningTalk, a
management training & consultancy company
– www.learningtalk.ie
Key Offerings :
Strategic Reviews
IT Audits
Virtual Team effectiveness
Clients include the Garda, UCD, Sustainable
Energy Ireland, & various small firms around
Dublin
6. Academic Career
International Executive MBA – 2002-2004
Smurfit Graduate School of Business, UCD
Currently researching a PhD on “Virtual Teams and
Project Management” with An Garda Síochána’s
Forensic Bureau
Lecturer & Course Director for Masters in Project
Management at :
Smurfit Graduate School of Business, UCD
Project Management, Business Planning,
Research Methods, Time Management
7.
8. Why bother with Project Management?
Isn’t PM just another un-necessary layer of non-added
value bureaucracy ?
Won’t using PM simply increase the time it takes to get
the real work done ?
... or is there something useful which PM can add ?
9. Projects Fail !
The Chaos Report - a classic analysis on IT projects by The
Standish Group back in 1995 concluded :
31% of projects will be cancelled before they ever get
completed.
52% of projects will cost over 189% of their original
estimates.
On the success side, the average is only 16.2% for software
projects that are completed on-time and on-budget.
Ref : http://www.it-cortex.com/Stat_Failure_Rate.htm
10. Common Causes of Project Failure
From the UK Office of Govt Commerce :
1. Lack of clear link between the project and the
organisation’s key strategic priorities, including agreed
measures of success.
2. Lack of clear senior management and Ministerial
ownership and leadership.
3. Lack of effective engagement with stakeholders.
4. Lack of skills and proven approach to project
management and risk management.
Ref : http://www.ogc.gov.uk/documents/Project_Failure.pdf
11. Common Causes of Project Failure
5. Too little attention to breaking development and
implementation into manageable steps.
6. Evaluation of proposals driven by initial price rather
than long-term value for money (especially securing
delivery of business benefits).
7. Lack of understanding of and contact with the supply
industry at senior levels in the organisation.
8. Lack of effective project team integration between
clients, the supplier team and the supply chain.
Ref : http://www.ogc.gov.uk/documents/Project_Failure.pdf
12. PRINCE 2 Definition of a Project
“A temporary organisation that is
created for the purpose of
delivering one or more business
products according to a specified
Business Case.”
Ref : http://www.prince2.org.uk/
13. The PM process is a distinct process that applies whatever
the underlying project technical methodology and stages
Project Management Process
Identify Need
Concept and
Feasibility Study
Definition and
Preliminary Design
Detailed
Design
Construction
User
Training
Roll-out into
Operation
Learning Review
& Development
18. What is a Stakeholder ?
Stakeholders are people or organisations :
With an interest in the project
Who can affect a project
Who may be affected by a project
Stakeholders may be within the organisation, or
external to it.
Internal stakeholders may be managers, staff, other dept.
heads, your own team, subject matter experts
External stakeholders may be from anywhere – other
companies, public bodies, legislative bodies, competitors
19. Why do we need to identify Stakeholders?
Stakeholders can affect a project because they have an
interest in it.
If we don’t know who is in a position to affect the project,
how can we plan to either use or guard against their
influence?
If we don’t identify Stakeholders and they have negative
attitudes, it can lead to problems or failure in the project.
If we miss a pro-project Stakeholder, we miss the
opportunity to have a helping hand assist us in delivering
the project output(s)
20. What do Stakeholders Do ?
“Sponsors, stakeholders
and champions link the
team to the management
power structure across
locations & organisational
boundaries”
Ref : Duarte & Snyder – Mastering VT’s, 2nd ed. Jossey Bass p.93
22. How can we classify Stakeholders ?
In various ways :
Positive, negative or neutral to the project
By the degree of influence they may wield :
Strong, Medium, Weak, None
By their ability to stop or veto the project
Decision maker, Influencer, Consenter, Interested
KEY POINT
Stakeholder influence may well change as the project
develops, so this analysis should be done at the start then
revisited periodically.
23. How can Stakeholders Affect a Project?
They can pull their support, which may be :
Political
Financial
Resource Provider
Influencer – political, media, morale
Not buying the product (customers)
Advocate against the project / product (pressure groups
(McDonalds protesters, Greenpeace, lobby groups)
Or they can support in all the above ways
24. How do Stakeholders Need to be Managed?
Carefully!
Identify them, classify them, build a picture of how
they feel towards your project and why.
Monitor and constantly update your awareness…
Use this knowledge to create and maintain :
Your Communications Plan
Your Risk Management Plan
Your Overall Project Plan
25. Examples of Stakeholders Affecting Projects
Shell Corrib Pipeline
At start of project, Shell were “blissfully unaware” of the
potential issues in running their pipeline.
Or were they aware but figured they could get away with it?
They were soon to discover that the local farmers would not
roll over without a fight.
Millions of dollars later, court battles, prison sentences for
locals, Shell had to back off and accommodate the local
demands.
Better to have involved them early and gained agreement
and consensus…
26.
27. Examples of Stakeholders
Affecting Projects
Ryder Cup 2006
Multi-national planning joined
up all the complex aspects into a well run event
Planning way back several years
Locals, organisations, garda, government, tourism all
consulted and involved throughout
Optimistic momentum achieved throughout the
development overcame even potentially difficult issues like
cell-phones not being allowed – excellent expectation
setting & communications.
31. Planning is ESSENTIAL !!
If you don’t know what your output should be, how can
you get there efficiently?
Effective planning saves time and headaches further
down the line…
Roy Keane summed it up perfectly :
“Fail to plan, plan to fail”
32. Developing the V.1 Project Plan
Deliverable
Client Specification
Project managerClient
The version 1
Project Plan
What is to be What work is needed What resources
delivered ? to achieve the goal ? are needed ?
33.
34. What is a WBS?
A diagram which breaks down the overall project into
smaller chunks
This process is called “decomposition”
You decompose until you reach Work Packages – a small
set of readily identifiable activities which can be assigned
to one person or a very small group
35. Hierarchical Breakdown of the WBS
Source : Gray & Larson – Project Management – 2nd ed. Ch. 4 p. 106
36. A WBS for a PC Development Project
Source : Gray & Larson – Project Management – 2nd ed. Ch. 4 p. 108
37. Work Package Questions
Once you have decomposed down to the Work Package
level, you need to know the following for each Work
Package:
How long will it take to complete? (elapsed time & also man-
days)
These may be different if more than one person is assigned to the task
How much will completing this cost?
What resources are required to complete this?
38.
39. Project Network diagrams …
You have been given a project to set up
a new business.
The new organisation will import a product in bulk,
package it for the local market in smaller units, and
sell it through a chain of selected retail outlets.
Nothing of these local physical or commercial
arrangements exist at present.
40. 1. Organise a sales office
2. Hire sales personnel
3. Train sales personnel
4. Select an advertising agency
5. Plan an advertising campaign
6. Conduct the advertising campaign
7. Design the local packaging
8. Set up a packaging facility.
9. Start packaging operations
10. Order stock in bulk from the Manufacturer
11. Select retail outlets.
12. Take orders from retail outlets
13. Distribute stock to retail outlets
Project Activities …
41. Project
Work Breakdown Structure
Stock Packaging Sales Outlets Advertising
Order Design Set-up Select Select
Stock package Office Outlets Agency
Pack Set up Hire reps. Take Plan Adv.
Stock Facility Orders Campaign
Deliver Train reps. Conduct
Orders Campaign
42. Example of Project Network diagram :
The Critical Path
1
2
3 7 11
4 6
5
8 9 10
Design
package
Set up Packaging
Facility
Order Bulk Stock
Package
Stock
Deliver to
Outlets
Set up
Sales office
Select outlets Take
orders
Hire Train
Plan Run
Ad. 4 Ad. 10
Select
Agency
2 10
13 6 6
6 9
6
4
7
2
0,
2,
13,
6,
10,
8,
17,
23,
29,
12, 22,
Reps. Reps.
43. Network Diagrams Summary
Network diagrams capture concurrent activities, dependencies
and their sequence.
This allows the calculation for each project activity or module
of its Earliest Start Time arising from the preceding activities.
Also the calculation for each activity of its Latest Finish Time in
order to complete the project on schedule.
The Critical Path is the shortest duration for the project and is
the sum of the longest chain of dependent activities.
Activity Float indicates a time cushion on Non-critical tasks.
46. How Do You Define a Risk?
As a manager, think in these terms.
Imagine your phone ringing at a point in the
future, and hearing bad news. Something
awful has happened, and serious
consequences have occurred.
That’s a risk which has materialised.
47. So What Do You Do About Risk?
As a project manager it’s your job to foresee risks and do
something about them.
Reacting after the event is not good enough when
people may die or other serious impact is possible.
What level of uncertainty and unpreparedness are YOU
prepared to live with ?
That’s why Risk Management is so important.
48. Why Manage Risk ?
Risk Management is not just about planning for the worst
It is a very useful way to focus attention on detail and
think the project through
The end result should be a better, more resilient project
plan, backed up by a fully thought out Stakeholder
communications plan
50. Try to look at
the situation
from different
perspectives
51. Risk Classification
Try to classify the risks :
Probability :
5 – Certain
3 – Probable
1 - Remote
Impact
5 –Severe
3 – Medium
1 - Unimportant
52. Risk Classification
For every Post-It Note, ask :
What can go wrong?
How likely is this to happen?
What effect will it have on the:
Safety of workers / customers
Timescale
Budget
Scope / Deliverable
56. Risk Response Development
Think laterally about solutions or alternative ways of
approaching problems which surface
Can you avoid risk by shifting the sequence of activities?
Would more resource help?
Is the current methodology inherently risky?
Are there alternative options in use outside your
company/industry?
57. Risk Response Planning
Options for addressing risk:
Prevention
Stop the risk occurring or negate its impact
Reduction
Reduce likelihood of risk occurring or minimise
it’s likely impact to acceptable levels
Transference
Transfer the impact of risk to a third party, such
as an insurance company or contractor
58. Risk Response Planning
Contingency
Actions planned and organised to occur if/when
the risks occur
Acceptance
Where the risk impact is judged to be of no
significance
59. Session Summary – We Covered :
Why bother with Project Management ?
A PM Framework
Stakeholders
The Importance of Project Planning
Work Breakdown Structures
Network Diagrams
Risk