Over the years, I have formulated a theory of projects. The goal of telling you about this is to try to help you improve the success of your projects. By understanding projects and their components (strategy, tactics, and measurement), and by applying the framework I will share, you can better identify and address these project challenges.

1. Identifying and addressing common project challenges

2. Agenda What is a project? The role of strategy, tactics, and measurement What makes a good project A framework for identifying the 6 major project challenges Solutions for the 6 major project challenges

3. What is a project?

4. Projects vs. operations Projects are not ongoing Projects improve operations Operations has metrics, not projects.

5. Projects improve operations 8% Operations Project 4% Operations Strategy + Tactics

6. Project components Strategy Tactics Measurement

7. Strategy A strategy is a framework to establish and evaluate tactics with regard to a goal of improving operations.

8. Tactics Tactics use best practices and strategic direction to improve operations.

9. Measurement Project metrics vs. strategic metrics

10. Projects vs. strategy, tactics, and measurement Strategy Metrics Tactics

11. Projects vs. strategy, tactics, and measurement Project Project Project Strategy Metrics Tactics

12. Projects vs. strategy, tactics, and measurement Project Strategy Metrics Tactics

13. Projects vs. strategy, tactics, and measurement Project Project Project

14. Projects vs. strategy, tactics, and measurement

15. The good project Good action is choosing the mean between extreme. Projects are acting. Good projects exhibit the mean between extremes. Projects are composed of strategy, tactics, and measurement A good project has the proper amount of each.

16. Framework

17. The good project—storytelling Narrative structure (beginning, middle, and end) Pace (reliable plot development) Duration (not too long or too short)

18. Framework

19. Framework

20. Framework

21. Framework

22. Framework

23. Framework

24. Framework

25. Conclusion