Unit 8-Project & Programme Management

P2M for Enterprise Innovation Structure Dr. Smita Choudhary

Unit -8 Project & Programme Management P2M for Enterprise Innovation Structure

Objectives :
Explain the concept of P2M and its purpose Describe how projectised organisations can increase competitiveness Describe how technology helps in project and programme management Explain the process of development of high technology

Describe the importance of innovation for enterprises Technology

Substitution

Unit -8 Project & Programme Management P2M for Enterprise Innovation Structure

Lecture Outline

Introduction Project & Program Management (P2M) Classification Guidelines for Effective Program Management

Process of P2M
Program Management Projectised Organization Comparision between Traditional & Projectised Organization Guidelines for Development of High Technology Technology Substitution Summary Check Your Learning

Unit -8 Project & Programme Management P2M for Enterprise Innovation Structure

Introduction
Project & Programme Management (P2M)
Monitoring of each project and making a programme to manage them as a group so as to leverage advantage and become ready for managing diversity is known as Project and Programme Management (P2M).

Background & Necessity :

Project management must be capable of effectively solving complex and complicated problems, and manage projects and programs to promote value creation activities. To create this capability, P2M was developed as a new PM knowledge and competency system.

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Unit -8 Project & Programme Management P2M for Enterprise Innovation Structure

Project & Programme Management (P2M)

P2M

Program

Project

Organizational Level Initiative

Portfolio Management

Individual Level Initiative

Task Management

Unit -8 Project & Programme Management P2M for Enterprise Innovation Structure

Guidelines for Effective Programme Management

Focusing on the various strategic initiatives taken up for multiple projects and the issues related to benefits and risks.

Bringing about the attention of management to a defined set of

benefits, which are understood immediately, which are managed throughout the implementation and completion.

Helping top management to set priorities, choosing options and

allocate resources.
Setting up mechanisms to measure and ensure that the projects making contributions for realizing expected business benefits. Ensuring that the effects of the programme driven changes are

coordinated, the transitions are successfully managed. The operations

are effective and efficient.

Unit -8 Project & Programme Management P2M for Enterprise Innovation Structure

Process of P2M
Making sure that the priorities are relevant and the projects are run on the basis of their impact on the business as a

whole.
Structuring the programme so that the responsibilities and roles at both programme and project level are acceptable to both the top management and managers.

Planning the various points of review between various phases

of the projects.

Unit -8 Project & Programme Management P2M for Enterprise Innovation Structure

Managing the Programme

Risk Management Process Change Management Personnel Management Support Services

Unit -8 Project & Programme Management P2M for Enterprise Innovation Structure

Projectised Organization
Any organizational structure in which the project manager has full authority to assign priorities and to direct the work of individuals assigned to the project. Team members are responsible for completing one entire deliverable product.

Objectives of Projectised operations

Accommodate Groups Assign Priority Facilitate Project Resources

Enumerate, Evaluate and Implement procedures

Enhancing Capability Extension of Principles
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Unit -8 Project & Programme Management P2M for Enterprise Innovation Structure

Comparison between traditional and projectised organisation

Traditional Organization
Have a hierarchy of managers and their assistants
Requirements issued by the planning department.

Projectised Organization
Have teams comprising members who are responsible for completing one entire deliverable product.
Teams will have all the resources required to finish the jobs

Responsible for only a part of the project

No particular member responsible for the completion of any particular product. Members become specialists and insular

All the elements of the projects have to be completed

Everyone is responsible for the delivery A sense of ownership of the project motivates team members to be creative, cooperative among them to achieve high productivity.
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Unit -8 Project & Programme Management P2M for Enterprise Innovation Structure

Guidelines for Development of High Technology 1. 2. 3. 4. 5. 6. 7. 8. 9. Identify Critical Technologies Aim high (Kaizen) Multi-Use Technologies Competency of Division Ensure Redundancy Focus Efforts Build Concurrency Long Term Partnership Problem Forecasting & Prevention

10. Continuous & Integrated PM

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Unit -8 Project & Programme Management P2M for Enterprise Innovation Structure

Technology Substitution
Technology substitution is based on the fact that several alternate technological routes exist to create a particular device

Substitution of Experimentation Example: Wind tunnel Substitution of Hardware with Software Example: Inertial Navigation System, the Gyro Stabilized Platforms can be replaced by the strap down systems using On-

Board

computer

and

software

improving

the

accuracy

of

navigation systems.
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Unit -8 Project & Programme Management P2M for Enterprise Innovation Structure

Summary

Monitoring of managing

each project and making a programme to manage is known as Project and Programme

them as a group so as to leverage advantage and become ready for

diversity Management (P2M). In Projectised Organization team members are responsible for

completing one entire deliverable product.

Technology substitution is based on the fact that several alternate technological routes exist to create a particular device. A sense of ownership of the project motivates team members to be

creative, cooperative among them to achieve high productivity in

Projectised Organization.

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Unit -8 Project & Programme Management P2M for Enterprise Innovation Structure

Check Your Learning

1. What is P2M? Ans. Project & Program Management 2. Wind tunnel is an example of? Ans. Substitution of Experimentation 3. What is Technology Substitution? Ans. Technology substitution is based on the fact that several alternate technological routes exist to create a particular device.

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