2017 March

29 Mar: Good Projects and Bad Projects to Have in Your Portfolio

Are projects the only reasonable way to develop products? Do you, as a portfolio manager, use projects as your only means to add value? Projects “Cargo Cult” According to the PwC global project management report, 97% of organizations believe that project management is critical to business performance and organizational success. However, the trust that organizations place in such projects backfires when managers, because projects worked for them in the past, start to automatically create projects for every possible change. For example, an organization decides to create a commercial software product that would automate creation of expense notes for traveling employees: The product manager (PdM): “I would like to create a project to deliver the first version of my product. The business case for my product has been approved by senior management.” PMO: “We will appoint a project manager and start a project.” The new project manager (PjM): “I am desperately…

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09 Mar: The Key to Good Project Kickoff

You know something is wrong when people on your project team come to meetings unprepared and waste time on endless discussions, find other things to do than what your project requires, and do not openly acknowledge there is a problem. These symptoms indicate a problem that appeared as early as your project kickoff. (source: clipartfest.com) Here is how to do kickoff meetings that work. Importance of the project kickoff meeting The kickoff meeting is where all stakeholders involved in your project get on the same page, regarding the goals, roles and responsibilities, constraints, risks, and all other aspects of the project management plan. It is necessary for project success that the stakeholders share the understanding of the project goals, know the plan, and have confidence in the project – and it starts with the kickoff. If you do all the preparatory work right, the stakeholders will know a lot information…