iSnare.com - Free Content Articles Directory
Authors Contents [Advanced Search][Add OpenSearch][Job Search]
Distribute your articles to thousands of article sites for only $2 and below! Read more...

Index  Business
 

The Value And Reality Of Implementing Better Project Management

 
[ Contact the Author] [ Send to a Friend] [ Article Publisher] [Make PDF] [ Print] [ Bookmark & Share]
 
Read our Terms of Service before reprinting this article. The submitter specified above has claimed the rights to this article.
T. Rudkins

It has now well been accepted that the implementation of project management practices adds value to any organization. One recent study showed a 28% ROI1 from project management initiatives in IT organizations. However, what is the reality in developing and following such practices? Are the returns on investment so easily shown? What are the key steps or processes for these returns to actually occur? Experience and examples from the field, points to the following critical steps in becoming a better project management organization.

Set clear goals and establish benchmarks. This allows the organization to prove the value of the PM investment as well as change practices to achieve higher returns. If your organization is lacking hard, historical numbers on projects there are other tools that can be used. Customer satisfaction forms can be used for evaluating success on previous projects and can be continued for all future projects. Even if project baselines are missing (most likely), it is usually possible to find out when previous projects were expected to start and finish and when they actually did - on a monthly or quarterly time frame. Select a sample size, record the accuracy of the initial estimates and move on. You will have more accurate measures later in the process.

Don't start until you have strong, committed sponsors. In the case of one government department, the primary sponsor was transferred shortly after the initial training program. The new regime had their own ideas and despite pleas from the workers, the entire program was dropped. The sponsor in a pharmaceutical firm not only did the presentation at the kick-off meeting, she sat in on many of the trainings and demanded that all tools and techniques be used by staff This forced people to accept the new processes and once over that mental hurdle, quickly began to like and appreciate the processes. Without sponsor commitment there is little chance for success.

Don't promise too much, too early. Putting in some basic processes and templates will often show early, positive, results. However, depending on the organization, it may take longer than you hoped! Even organizations that focus on short projects (1-6 months) tend to take at least a year to see success. Why? People are usually in the process of working on, or finishing up, projects when the new systems come into place. Therefore, it will be difficult for them to make many changes until that work is finished. To keep up enthusiasm, get people who are using the new tools to speak up about their individual successes. In one recent example, a PM implemented shorter, problem solving meetings. His director and team all had positive comments which allowed him to introduce other tools as well!

In summary, it isn't easy to get organizations to adopt new ways of doing things. However, by setting clear and measurable goals, generating a team of supporters, and not promising the moon, positive change will occur!

Important NoticeDISCLAIMER: All information, content, and data in this article are sole opinions and/or findings of the individual user or organization that registered and submitted this article at Isnare.com without any fee. The article is strictly for educational or entertainment purposes only and should not be used in any way, implemented or applied without consultation from a professional. We at Isnare.com do not, in anyway, contribute or include our own findings, facts and opinions in any articles presented in this site. Publishing this article does not constitute Isnare.com's support or sponsorship for this article. Isnare.com is an article publishing service. Please read our Terms of Service for more information.

Tim has been a Canadian Management Centre faculty member since 2002. He currently delivers our Project Management Skills, IS Project Management, and Technical Project Management seminars.

Article Tags: organization [See Dictionary], processes [See Dictionary], projects [See Dictionary]
Got a question about this article? Ask the community!
Article published on April 12, 2007 at Isnare.com
 
Rate this article:

International Caravan And Blazing Needles Team Up To Bring Home Decor To New Levels
Submitted by: Sebastian Porter

Thank you for stopping by International Caravan, aka, Caravan Outdoors ICI's elite experienced staff of customer representatives are here to help you find what you are looking for...

Make Your Business Really Fly
Submitted by: Tony Gattari

When we first start working with clients they have a fair idea of where they want their business to be over the next few years, however there is a lack of clarity as to how each component drives the business...

Complacency!
Submitted by: Tony Gattari

"A feeling of contentment or self-satisfaction, especially when coupled with an unawareness of danger, trouble, or controversy" 

Often our business clients utter the immortal words "Things were going so well - I didn't see the danger until it was too late...

Most of us Aim Too Low
Submitted by: Tony Gattari

It is a sad fact that for most of us, we aim too low Whether it’s our business or our career, so often we believe that we need to have a vision that is small and easily achievable...

Build a Platform For Long-term Success
Submitted by: Tony Gattari

If you want more money, a bigger business, greater success in your current profession—if you want to see your dream realized—then start by building your groundwork now...

Credit Repair- Does it Really Work?
Submitted by: Seomul Evans

You have probably read the story many times that, a happy pair frugally saves for a long time, and then finally chooses to spend their savings and purchase their dreaming home...

5 Small Business Interent Advertising Strategies That Work
Submitted by: James Belt

Getting your small, local business found on the world wide web can be a challenge, and most small business owners jut don't have the time to research what works, or the money to pay someone else to figure it out for them...

Reviewing the EC-2000 Electric Spiral Coil Binding Machine
Submitted by: Jeff McRitchie

Digital Finishing Group isn't as well known in the binding world when compared with such heavyweights as GBC and Fellowes, but they still make some good machines...

Reinforced Edge Papers - Preventing Pages From Tearing Out of Your Important Documents
Submitted by: Jeff McRitchie

One of the drawbacks to binding your documents with three-ring binders is the very real possibility that the pages of your document will get torn out...

Get Binding With the Fastback 9 Binding Machine
Submitted by: Jeff McRitchie

Fastback thermal binding is one of the most elegant ways to bind your documents and it just got a whole lot easier and affordable thanks to Powis Parker's new Fastback 9 binding machine...

Six Reasons Why You Should Consider the Fellowes SPL-125 Professional Pouch Laminator
Submitted by: Jeff McRitchie

If you need a new laminator for your workplace, one of the manufacturers you should check out is Fellowes...

Fellowes EXL 45-2 4.5" Pouch Laminator Review
Submitted by: Jeff McRitchie

Fellowes has always made top-notch laminators, no matter how big or small the unit The company's EXL 45-2 pouch laminator is one of the smallest laminators the company makes, but as you would expect, it's top-quality...

Reviewing Fellowes Galaxy E Electric Plastic Comb Binding Machine
Submitted by: Jeff McRitchie

It should come as no surprise that Fellowes, the maker of high-quality laminators and paper shredders, has produced another superb office machine...

Fellowes Powershred DS-2 Cross-Cut Paper Shredder Review
Submitted by: Jeff McRitchie

Fellowes is a big name when it comes to paper shredders In fact, they make some of the best paper shredders around whether it's a large, commercial sized units or a personal shredder that can be used at home...

Fellowes Powershred DS-1 Paper Shredder Review
Submitted by: Jeff McRitchie

Fellowes is an esteemed brand when it comes to paper shredders They produce some of the best paper shredders money can buy, even when they produce a lower-end machine...

Isnare.com Footer Divider

© 2004-2009. Isnare Free Articles - An Isnare Online Technologies Free Articles Project. All Rights Reserved.   Privacy Policy