Professional Documents
Culture Documents
COST
WASTE OF RESOURCES
QUALITY
DISSATISFACTION
REPUTATION
Background
Multiple Projects
Cross-functional
Mutually Interdependent
A delighted client (expectations met)
Objectives Delivered the agreed objectives
Met an agreed budget - $, resources etc.
Within an agreed time frame
The 'Golden Triangle' of
Project Success
and
Time Cost
Why Do Projects Fail?
Changing scope
Insufficient planning
No risk or issues management
Poor communication
Lack of commitment and responsibility by stakeholders
Who Are Stakeholders?
Steering
Committee
Team
Members
Project Management
A Maturity Model best practice
competent
Success rate better
tan 75h%
aware
aware
e Success rate of 45
to 75%
seat
seat
ofofthe
pants
pants Success rate of 30
Success rate less to 45%
than 30%
Seat of Success rate less
pants than 30%
Seat of Pants
Projects happen without correct initiation
Planning is insufficient
Benefits are unknown
There is often inadequate buy-in
Communication is poor
Interdependencies are not managed
Standards, if any, are poorly defined or
unenforced.
aware Success rate of 30
Aware
To 40%
Competent
Methodology and standards are well established and supported
Stakeholders understand and accept roles
Discrete measures support good management
Projects are set up and managed end-to-end
Risks are clearly defined and controlled
best practice Success rate better
than 75%
Best Practice
Improvement programs are formal
Good measurement enables
optimization
Level of confidence sees organization
taking on high risk projects successfully
Respect and support of projects and
project managers
Why Should We Care?
To Increase the likelihood that projects will :
Tracking
& Control
Complete
Initiation &
Planning Reporting Assess
Review
Stakeholders
Risks
Issues
Change
How to Manage Stakeholders
A stakeholder is any person or group who, if their support were to
be withdrawn, could cause the project to fail.
If these changes are not managed, the project will be viewed to be over time and over budget.
Resource Plan
Cross functional teams work
Co-locate teams
Projects are full time job
Complete training before prototyping
Have full team train together
Leverage investment
Build team spirit
Recommended Best Practices
Managing Expectations
Communication Plan
Make major policy decisions up front
Don’t make promises to users up front
Monthly status report and review
Monthly / bi-monthly presentations
Articles, web pages, newsletters
Special communications from sponsor
Focus groups, demos, town meetings
Recommended Best Practices
Promoting the System