Successfully reported this slideshow.
We use your LinkedIn profile and activity data to personalize ads and to show you more relevant ads. You can change your ad preferences anytime.

Project Management Trends


Published on

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

Published in: Business
  • Be the first to comment

Project Management Trends

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