This document discusses the benefits of adopting a project management approach for organizations. It outlines strategic benefits like ensuring projects are tied to business goals and objectives. Tactical benefits for management include providing confidence that project objectives will be met through using plans, change control, and communication. For projects, the framework addresses elements needed for success. Benefits also include improving aspects of the organization's infrastructure like communication skills and procurement practices. Additionally, properly managed projects can create a positive working environment and boost employee satisfaction and morale.
How Project Management Leads to Better OutcomesAllison Reznick
Implementing project management practices can have
widespread benefits for an association. Here's a primer on
what effective project management looks like and how
associations might use it.
Project Management Theory and Practice Rick Holman
The disconnects between the theory and reality of project management. A slide presentation which resulted from collaboration among members of the PMI credentialed PMPs in linkedin
Project Management is a well defined concept found in many guidebooks and Bodies of Knowledge. Putting these guides and BOK’s to work for the benefit of the enterprise is the role of Project Governance
How Project Management Leads to Better OutcomesAllison Reznick
Implementing project management practices can have
widespread benefits for an association. Here's a primer on
what effective project management looks like and how
associations might use it.
Project Management Theory and Practice Rick Holman
The disconnects between the theory and reality of project management. A slide presentation which resulted from collaboration among members of the PMI credentialed PMPs in linkedin
Project Management is a well defined concept found in many guidebooks and Bodies of Knowledge. Putting these guides and BOK’s to work for the benefit of the enterprise is the role of Project Governance
Reinventing project management antonio nieto-rodriguez. 27th may 2021PMIUKChapter
In the next five years, the world will see more projects than ever. The reconstruction of the economy, healthcare, social care, and society at large, after the devastating global pandemic crisis, will be unprecedented in human history. According to McKinsey Governments’ have announced $10 trillion in reconstruction funds just in the first two months of the crisis, which is three times more than the response to the 2008–09 financial crisis.
We are witnessing the rise of projects as the main unit of work, as well as the essential model to deliver change and create value for individuals, organizations, and society at large. The move from a world driven by efficiency to a world driven by the change will have enormous consequences in terms of strategies, culture, organisational structure, competencies, compensations, etc.
Yet, today, about 70% of projects and strategies fail to deliver their objectives. We urgently need to step up and significantly increase the project and strategy implementation success rate. Considering that every year approximately 48 trillion US dollars are invested in projects, we fail to deliver trillions of benefits, value, and impact in organizations and society at large.
To achieve this incredible goal, project management and project managers will need to reinvent themselves into strategy implementation professionals, ... you will find out all the details during Antonio's keynote.
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 presentation discusses emerging trends in PMO governance and addresses three domains: the Portfolio Management Office, Program Management Office and Project Management Office.
5 Steps That Will Make Your Program Management Rock
1. Automate your program tracking
2. Track all programs - big and small
3. Give immediate feedback
4. Provide self-service access
5. Partner with an expert
Follow this simple SlideShare as it guides you through a conversation around the benefits of automating your program management process.
Introducing Program Advisor: Automated tracking of all programs based on your business rules with easy, self-service access for Sales, Marketing, and Finance.
A summary of the current state of PMOs and a view of a PMO that has a more strategic focus on implementing business strategy instead of tactical project execution.
Project prioritization becomes more strategici-nexus
Very few organizations have the luxury of committing to a range of projects without having an effective way of prioritizing these. One could argue that this issue is more likely to be experienced by organizations that are relatively immature in their operational excellence or strategy execution journey. We’re not necessarily finding that. As companies continue to look to cut waste, improve efficiencies and improve the effectiveness of their strategy processes, project prioritization has become a hot topic.
Reinventing project management antonio nieto-rodriguez. 27th may 2021PMIUKChapter
In the next five years, the world will see more projects than ever. The reconstruction of the economy, healthcare, social care, and society at large, after the devastating global pandemic crisis, will be unprecedented in human history. According to McKinsey Governments’ have announced $10 trillion in reconstruction funds just in the first two months of the crisis, which is three times more than the response to the 2008–09 financial crisis.
We are witnessing the rise of projects as the main unit of work, as well as the essential model to deliver change and create value for individuals, organizations, and society at large. The move from a world driven by efficiency to a world driven by the change will have enormous consequences in terms of strategies, culture, organisational structure, competencies, compensations, etc.
Yet, today, about 70% of projects and strategies fail to deliver their objectives. We urgently need to step up and significantly increase the project and strategy implementation success rate. Considering that every year approximately 48 trillion US dollars are invested in projects, we fail to deliver trillions of benefits, value, and impact in organizations and society at large.
To achieve this incredible goal, project management and project managers will need to reinvent themselves into strategy implementation professionals, ... you will find out all the details during Antonio's keynote.
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 presentation discusses emerging trends in PMO governance and addresses three domains: the Portfolio Management Office, Program Management Office and Project Management Office.
5 Steps That Will Make Your Program Management Rock
1. Automate your program tracking
2. Track all programs - big and small
3. Give immediate feedback
4. Provide self-service access
5. Partner with an expert
Follow this simple SlideShare as it guides you through a conversation around the benefits of automating your program management process.
Introducing Program Advisor: Automated tracking of all programs based on your business rules with easy, self-service access for Sales, Marketing, and Finance.
A summary of the current state of PMOs and a view of a PMO that has a more strategic focus on implementing business strategy instead of tactical project execution.
Project prioritization becomes more strategici-nexus
Very few organizations have the luxury of committing to a range of projects without having an effective way of prioritizing these. One could argue that this issue is more likely to be experienced by organizations that are relatively immature in their operational excellence or strategy execution journey. We’re not necessarily finding that. As companies continue to look to cut waste, improve efficiencies and improve the effectiveness of their strategy processes, project prioritization has become a hot topic.
Understand the Project Cycle Management & Its Phases IntroductionDivya Malik
By implementing project management, businesses can establish clear goals and objectives for their initiatives, develop comprehensive plans to achieve those goals, allocate resources effectively, and manage risks and uncertainties. With project management, businesses can also improve communication and collaboration among team members, streamline decision-making processes, and ensure that projects are completed within budget and on time.
MGT 6302, Project Management Strategy and Tactics 1 .docxpauline234567
MGT 6302, Project Management Strategy and Tactics 1
:
1. Examine the relationship between project management and accomplishing organizational
strategic objectives.
1.1 Establish the difference between a project and a task.
1.2 Explain how projects are used to meet organizational goals.
5. Analyze the key tasks in the various phases of project management.
5.1 Determine the five phases of project management.
5.2 Discuss the key tasks that take place within a project and those responsible for the tasks.
Course/Unit
Learning Outcomes
Learning Activity
1.1
Unit Lesson
Part 1: Chapter 1
Part 1: Chapter 3
Article: “Modeling Organizational Project Management”
Unit I Project
1.2
Unit Lesson
Part 1: Chapter 1
Part 1: Chapter 3
Article: “Modeling Organizational Project Management”
Unit I Project
5.1
Unit Lesson
Part 1: Chapter 1
Part 1: Chapter 3
Article: “Modeling Organizational Project Management”
Unit I Project
5.2
Unit Lesson
Part 1: Chapter 1
Part 1: Chapter 3
Article: “Modeling Organizational Project Management”
Unit I Project
Required Unit Resources
Part 1: Chapter 1: Introduction
Part 1: Chapter 3: The Role of the Project Manager
In order to access the following resource, click the link below.
Müller, R., Drouin, N., & Sankaran, S. (2019). Modeling organizational project management. Project
Management Journal, 50(4), 499–513.
https://libraryresources.columbiasouthern.edu/login?url=https://search.ebscohost.com/login.aspx?dire
ct=true&db=bsu&AN=137619703&site=ehost-live&scope=site
UNIT I STUDY GUIDE
Project Management and
Strategic Objectives
https://libraryresources.columbiasouthern.edu/login?url=https://search.ebscohost.com/login.aspx?direct=true&db=bsu&AN=137619703&site=ehost-live&scope=site
MGT 6302, Project Management Strategy and Tactics 2
UNIT x STUDY GUIDE
Title
Unit Lesson
Introduction
Welcome to Unit I. This unit introduces project management and how project management is used to achieve
the organization’s strategic objectives and goals. Project management is not new and has been around for
hundreds of years. However, in recent years, project management has become more defined and focused on
specific principles, processes, tools, and techniques. All of these areas became known as the body of
knowledge (BOK), which is now used for project management. These traditional practices, along with new
and innovative practices, have taken project management to new levels in terms of what the BOK is able to
produce for the organization. Before tackling how project management can be used to meet the organization’s
goals, it is important to understand the difference between projects and tasks. Let’s get started.
Projects and Value Creation
Before any type of activity is started, it is essential for the organization to identify the activity as either a
project or a task. According to the Project Management Institute (PMI, 2017), a project is a temporary
endeavor und.
Implementing relevant skills, knowledge, and tools to achieve a project's goal is project management. The five main phases of project management are initiating, planning, executing, monitoring performance, and concluding the project. Project management is becoming more and more in demand as the number of industries, and national and multinational projects increases.
Aspirants who want to become leaders can learn project management skills like setting objectives and following through on them. These courses are known worldwide, and there are job opportunities in many different industries and fields.
Project management can be studied in a number of different ways. They include a Bachelor of Science in Business Administration with Programme and Project Management (BSc) and a Bachelor of Management Studies (BMS). Master's degrees in management are available after basic bachelor's degrees like the BMS.
Eligibility Criteria (UG & PG) of Project Management
For BBA and BMS admissions at the undergraduate level, colleges set specific eligibility requirements that applicants must meet before applying to the course. Qualification models set can be different for various schools.
• A minimum of 10+2 years of education from a recognized board is required of applicants.
• For the 12th grade, the minimum score should be between 50 and 60 percent.
• must be between 17 and 25 years old.
The following are typically the eligibility requirements for PG levels:
• Candidates must have completed 10+2 years of education from a recognized board, with at least 50% of those years spent in the 12th board.
• A Bachelor's degree in any field, including architecture, engineering, technology, or planning is required.
• A diploma in the same fields may also be held by the applicant.
• A Master's degree in the same field from a reputable college is required for a Ph.D. in management.
Scope of Project Management in India and Abroad
The need for project management is growing as a result of the rapidly expanding industries in almost all areas and sectors. Construction, engineering, marketing, pharmaceutical companies, information technology, and other industries all have a growing need for project managers.
Project management has a huge reach and scope. Project managers will have more work opportunities as a result of the increasing number of expanding businesses investing in projects both inside and outside the country. As a result, there will be an increasing demand for individuals capable of managing these projects.
Course Subjects
For BBA in Project Management
The subject taught mainly in the course BBA, divided over 6 semesters,
The core subjects are Business Organization, Business Mathematics, Fundamentals of Accounting, Marketing Management, and Business Communication.
MBA 6931, Project Management Strategy and Tactics 1 C.docxaryan532920
MBA 6931, Project Management Strategy and Tactics 1
Course Learning Outcomes for Unit III
Upon completion of this unit, students should be able to:
3. Characterize important project management issues.
3.1 Describe how a company should be reorganized for greater effectiveness.
3.2 Analyze the challenges associated with a new organizational structure related to its scope.
3.3 Explain how a new organizational structure would impact the Key Manager Incentive Plan
(KMIP) program.
4. Outline project activity and risk taking in the project management process.
4.1 Explain the risks associated with a new organizational structure and scope.
4.2 Describe how structure and scope impact the overall project management process.
Course/Unit
Learning Outcomes
Learning Activity
3.1
Unit III Lesson
Chapter 5, pp. 145-176
Unit III Case Study
3.2
Unit III Lesson
Chapter 5, pp. 145-176
Unit III Case Study
3.3
Chapter 5, pp. 145-176
Unit III Case Study
4.1
Unit III Lesson
Chapter 5, pp. 145-176
Unit III Case Study
4.2
Unit III Lesson
Chapter 5, pp. 145-176
Unit III Case Study
Reading Assignment
Chapter 5: The Project in the Organizational Structure, pp. 145-176
Unit Lesson
Organizational structure is how the organization is constructed. This can include management levels as well
as everyone who works toward maintaining the strategic mission of the organization with an eye on
development toward achieving the strategic vision. Companies can be organized in many different ways, and
the creativity in organizational structures continues to evolve.
One of the most common methods for organizational project structures is that of functionality, which is based
on functions within the organization such as marketing, accounting, finance, operations, human resources,
and more. This strategy is advantageous because of its specialization of functions within each operational
branch as well as its simplicity and general overall acceptance. This method provides a high level of staff
flexibility within each branch and represents a consistent path of advancement for individuals within each
function. The largest disadvantage with functional organizational structures is the fact that the client or
customer is not the primary focus. Instead, priority is placed on the tasks within each of the functions. Another
significant disadvantage of a functional approach within an organization is that the employees within each
function tend to have a narrow focus aligning with their particular function versus a more holistic viewpoint
UNIT III STUDY GUIDE
Organizational Structure
MBA 6931, Project Management Strategy and Tactics 2
UNIT x STUDY GUIDE
Title
encompassing all areas within the organization. This narrow focus can create conflict within the team instead
of a cohesively operating team atmosphere.
A project-oriented structure assumes that each of the functions described in the functional ...
Business Improvement initiatives are getting a lot of press these days: “..our projects saved over $10M in the first 12 months of deployment using BPM” . It seems logical for an organization to jump onto the process improvement bandwagon. Much is promised of business improvement efforts, and there are many capable consultants and companies willing to support a company’s BPM deployment that can last months to years. But how does an organization know that the business improvement efforts will really result in a quantifiable benefit to the business? Process improvement initiatives are not inexpensive to start or sustain over many years, and most executives require the clear identification of benefits to justify the expenditure of training resources and driving project work before approving a long-term initiative.
Read about the Quality Management Process on page 25 of the text. .docxcatheryncouper
Read about the Quality Management Process on page 25 of the text.
1. Why are measurements critical to quality management? What types of measures are available for quality?
2. How important is it to include a quality assessment in your project WBS? What can happen if quality is overlooked?
3. Let’s do a little research on Six Sigma. What is it and why is it important to quality management?
Additional Instructions:
For Threaded Discussion 2, read about the Quality Management Process on page 25 of the text.
In your paper explain why are measurements critical to quality management and explain the types of measures are available for quality that a Project Manager can use.
Explain why it is important to include a quality assessment in your project’s WBS and include what can happen if quality is overlooked.
We will use Six Sigma as a means to support quality. Do some research and briefly explain what it is and why is it important to quality management.
Be sure to include an introduction, body of your paper, and conclusion.
TD2’s paper should be a minimum two pages not including APA title and Reference page. Use APA 6th edition, citations and references must be correctly used, and grammar and punctuation at par.
Post your paper due no later than Friday night August 15th by 11:59pmMT, in this discussion. Response to classmate papers is not necessary.
TD1 paper is worth 15 points. (Questions 10 pts., Format/Mechanics 3 pts., Grammar and APA 2 pts.)
I will use Turnitin to validate originality.
Thank You,
Alex
Students will find several direct links to the PMBoK in this text. First, the key terms and their definitions are intended to follow the PMBoK glossary (included as an appendix at the end of the text). Second, chapter introductions will also highlight references to the PMBoK as we address them in turn. We can see how each chapter not only adds to our knowledge of project management but also directly links to elements within the PMBoK. Finally, many end-of-chapter exercises and Internet references will require direct interaction with PMI through its Web site.
As an additional link to the Project Management Institute and the PMBoK, this text will include sample practice questions at the end of relevant chapters to allow students to test their in-depth knowledge of aspects of the PMBoK. Nearly 20 years ago, PMI instituted its Project Management Professional (PMP) certification as a means of awarding those with an expert knowledge of project management practice. The PMP certification is the highest professional designation for project management expertise in the world and requires in-depth knowledge in all nine areas of the PMBoK. The inclusion of questions at the end of the relevant chapters offers students a way to assess how well they have learned the important course topics, the nature of PMP certification exam questions, and to point to areas that may require additional study in order to master this material.
This text ...
PPT contain the study of the business process management of IT industry , It mainly deals with the customer and billing system . To avoid the time of serving the customer
This document comprises of topics based on The Project Management, the project manager and project lifecycle.
The concepts being tackled include:
-definition of project manager
-responsibilities of a project manager
-stages in the project management lifecycle
-organizational strategy
-Main functions of PMO
1. Can Management by Projects Help Your Organization - Part II: What Are the
Benefits?
By: Rob Cimini
Apogee Management Group
In Part I of this series, we questioned the value of project management and
identified some of the obstacles to adopting the practices within an organization.
Thirdly we posed the question, given the obstacles of adopting the approach of
management by projects, why seriously consider adopting it. The alarming statistics
of disappointing project results exposed the stark reality of how businesses approach
and manage their critical initiatives. Part II of this series, will take a critical look at
the full range of benefits to businesses and organizations.
Project management is a process and methodology for managing initiatives -
essentially any initiative. For example, it is not in conflict with improvement
techniques such as Six Sigma or Lean or quality systems or even reorganization
initiatives. Instead, it provides the discipline and management techniques to help
assure meeting the objectives that are sought through these techniques.
Strategic Benefits
Given that projects represent the building blocks of a businesses products and
services, then meeting the objectives of these projects leads to attaining the
business goals. In fact project management ensures that projects are tied to
business goals and that the subsequent deliverables are directly linked to the
business objectives. This ensures that projects have proper justification through the
business plan. So the strategic aspect of project management is a significant benefit
that is often overlooked by senior management and bypassed in the quest for short-
term results.
How Does it Help Management?
In addition to strategic benefits, project management provides numerous tactical
benefits that appeal to the upper and senior management level in an organization. If
the strategic justification is adequate, then senior management is compelled to
provide the support, primarily resources that are required to achieve success.
The structure of project management, e.g. requiring a plan that meets essential
criteria (identified below), having formalized change control methods and requiring
the planning of an effective communication process, instills a confidence that project
objectives and ultimately the expectations of all stakeholders will be met. Project
closure requires that a review be held with a key objective being the capture of
lessons learned. The use of gained experience and knowledge to improve project
performance and avoid repetition of mistakes is a main–stay of a properly applied
project management approach.
How Does It Help the Project?
The tactical benefits are clearly highlighted through the project management
framework. The framework address all the elements required for project success and
it applies to all initiatives regardless of the size or the technology. As referenced
above, continuous improvement techniques such as Lean and Six Sigma benefit from
the management structure of project management.
Page 1 of 2
2. The foundation of the framework is the project plan. And an effective plan must meet
four essential criteria.
• It must be formalized. The plan must be documented regardless of the
project size. Without the commitment to a documented plan, the depth of the
thinking required to make it effective is absent.
• It must be realistic. Sanguine input and objectives from upper management
does not constitute a realistic and achievable plan.
• It must be bought into by all stakeholders. Ensuring this condition makes it
more likely that support will be provided at critical junctures of the project.
• It must be approved. Signing-off on the plan shows that the stakeholders
have had the opportunity to understand the project objectives and all the
resources required to achieve them. Approval translates into support which is
a key factor in project success.
Plan development combined with proper execution and control practices can have the
benefit of improving vital aspects of an organization's infrastructure. Elements of
good communication that are required for a well managed project can remain as
acquired skills after the project is completed. Sound procurement practices
developed during the project can remain as a benefit to the organization. And the list
goes on to include other areas such as managing costs, human resource
management, and managing risk.
Benefits to the People
An aspect of the project management approach that cannot be underestimated is the
positive impact on the employees and project team members. A properly run project
with an empowered project team can spawn a very positive working environment.
Motivated by job satisfaction through achieving goals is a tremendous morale
builder. And the proactive environment that is established through sound techniques,
for example in planning and communication, enhances the quality of the working
environment and employee satisfaction.
When asking the question if management by projects can help your organization,
first look at the potential benefits before concluding that it may not fit into your
organization. Strategic benefits are often overlooked but are somewhat inherent
because of the very nature of the project management structure. And the benefits
extend beyond just tactical benefits to include management and employee benefits.
Next month in Part III of this series, we will present those factors that must be
addressed to make project management successful within your organization.
Rob Cimini is a Principal Consultant with Apogee Management Group. Rob has over 30
years of experience in diverse manufacturing and research responsibilities. He has a
Masters degree in chemical engineering and is a certified project management
professional (PMP) through the Project Management Institute. Questions or comments on
this article should be directed to Rob at rcimini@apogeemg.com
Page 2 of 2