PROJECT MANAGEMENT
Last Updated January 29th, 2002
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The project management methodology gives the teams a common language

 » Lower risk of failure projects as a result of following the rigor of the scientific method rather than someone's intuition
» Project Management is all about the team performing the tasks not about the tasks
» Decision are based on data and experience rather than just experience
 
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To succeed in today's business environment you need more than just common sense and intuition. No more are business decisions are made based on intuition, but on hard data. Change is the norm and patterns are rare in today's business environment. You must be proactive and assertive when making decision because everything is at stake.

The business world is being driven by:

  • The Customer
  • Global Markets
  • A continuous changing environment

These market pressures have influenced corporations to be more efficient on how they conduct business. One of the areas which has been significantly challenged is Project Management. In today's business environment project management needs to be more efficient and effective than ever. Businesses can no longer tolerate failure projects. Every failure project represents a cost (no value added) to the business.

We are going to use the power of the Joiner Triangle to combine the rigor of quality, a scientific approach, and the power of a motivated team to maximize the value that project management brings to the organization.

THE JOINER TRIANGLE
 

HOW THESE ELEMENTS PLAY TOGETHER?

  • We will use Quality to help us create a Project Management Process and to ensure that we are focusing on the customer.
  • The Scientific Approach will help us analyze the way in which all products and services are delivered to the customer (question everything, prove your hypothesis, and based your decisions on data).
  • We will work on building a powerful motivated team to execute and maintain the end product or service.

 

WHY DO WE NEED TO USE A PROJECT MANAGEMENT METHODOLOGY?

Every project is a journey, where every project member has a responsibility and tasks to accomplish. It is a must that the project team speak the same language. A Project Management Methodology will do just that, teach the team players the terms and processes that the organization follows (organization culture). Companies like General Electric that use a Project Management Methodology perform better and have less failure projects than other who don't have a Methodology.

As you work in different projects, it becomes obvious that as the project matures everyone starts adopting terms specific to the project. The project methodology should alphabetize the team with a common language.

 

 » CLICK HERE TO START THE PROJECT MANAGEMENT JOURNEY
   

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CASE OF STUDY
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DEFINE
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