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successful project
management
what does it look like
Project Success - Interestingly, many organizations cannot
answer the question of what a successful project should or
would look like, or more clearly, many cannot answer the
question as it relates to their own project. Considerable
time may be spent developing a comprehensive project
plan, a plan that may even include certain deliverables and
other outcomes, but the idea of what a successful project
should look like is fre-
quently not identified.
Before moving ahead, it
is worthwhile to explain
briefly the opposite of
project success, project
failure, and the rate of
project failures. Gartner,
one of the world's most
respected analyst firms,
estimates that 66% of
large scale projects fail
to achieve their stated
business objectives, are delivered late, or are substantially
over budget. It's the overlooked question, successful pro-
ject management, what does it look like? Defining project
success seems simple — deliver on time and on budget.
But are those really the success factors most important to
your customer, the project sponsor? Isn't it more important
that the project deliver tangible business results? Consider
for a moment, your project is delivered on time and on
budget, and all deliverables fell within the original project
scope, but the project ultimately was not deemed a suc-
cess. This is an important point, so let us go a little deeper.
It’s Not All About Process - As mentioned in another es-
say, “what is a project”, many consider a project and pro-
ject management to be synonymous with a process, and
therefore successful project management must be the re-
sult of an effectively executed process.
Yes, one of the many tools successful project managers em-
ploy is an effective process, however clean execution of a
process is only part of the solution. So let's roll back for a
moment to the definition of a project and further evaluate
the following statement, “a project is defined as a problem
scheduled for solution”. Now, without spending considera-
ble time discussing and defining what a problem is, and what
a problem is not, let's look at this from an organizational per-
spective. Organizations have, or at least should have, a stra-
tegic plan that outlines such things as strengths and weak-
nesses, and opportunities and threats. A strategic plan will
outline an organizations short and medium-term goals, how
the organization intends to grow, and how the organization
intends to overcome challenges. This is where projects are
born.
Business Drivers - Delivering a successful project starts
with taking a step back and understanding business drivers:
business drivers
are the problem or
opportunity that
precipitated the
project. One com-
mon method an
organization uses
to evaluate perfor-
mance is by estab-
lishing and evalu-
ating key perfor-
mance indicators (KPI’s). KPI’s often represent the starting
point for a project in that an organizational goal may be in-
tended to effect change along some key performance indica-
tor.
SUCCESSFUL
project management
Continued From Previous Page - When identifying the
need for project and then subsequently developing the pro-
ject scope and plan the organization's business goals must
remain a focus throughout the project. It is a reconciliation
process on the frontend, during project need identification
and planning, where project goals are specifically aligned
with organizational business drivers.
Ideally, be-
fore any
project plan-
ning begins,
the project
sponsor/
customer
would pro-
vide a well
thought out
list of pro-
ject goals
and success criteria.
Unfortunately, this is frequently not the case, and it is up to
the Project Manager and project team to help the customer
define the true project goals; what are the drivers behind
this project and what is the desired outcome? It may take
some effort to identify clearly these business drivers but
without them, your project runs the risk of failure. Wrap
your mind around this for a moment, your project is suc-
cessfully executed but because it is not aligned with organi-
zational strategy, the project ultimately is considered a fail-
ure. You, the Project Manager, must work proactively on
the front end of the project to help the organization truly
identify the desired project results.
Project Success Guidelines to Live By - Spend real
time and effort asking the project sponsor the follow-
ing questions. The answers to these questions are
your project success guidelines, so make sure you ob-
tain complete clarity at this point, it will make a big
difference later on.
Probe, push, prod, seek specific answers, use the five-
why’s, and whatever other strategy makes sense to identify
the root cause to known challenges and the desired solu-
tions to go with them.
1. What does project success look like? A specific re-
duction in fixed costs, a specific reduction in variable
costs, an identified increase in sales, an identified in-
crease in productivity, more of this, less of that, what is
it – what does project success look like?
2. What organizational goal is the project intended to
fulfill? What is the driver, the metric, the change or
improvement sought that correlates to a specific organ-
izational goal, find out?
3. How do we know the project is complete? Big ques-
tion, what is the business “landmark” that tells us the
project is
complete?
Going a little
deeper, have
the organiza-
tional goals
been met, if
not, the pro-
ject may not
be complete.
4. Finally, how will all this be measured? - Be specific,
some number, some percentage, some ratio,… what
will be measured and how will it be measured?
Mike Martin, MBA, PMP
MikeM@latitude63.com
www.latitude63.com
PERFORMANCE
improvement
successful project
management
what does it look like

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L 63 Article Successful PM

  • 1. successful project management what does it look like Project Success - Interestingly, many organizations cannot answer the question of what a successful project should or would look like, or more clearly, many cannot answer the question as it relates to their own project. Considerable time may be spent developing a comprehensive project plan, a plan that may even include certain deliverables and other outcomes, but the idea of what a successful project should look like is fre- quently not identified. Before moving ahead, it is worthwhile to explain briefly the opposite of project success, project failure, and the rate of project failures. Gartner, one of the world's most respected analyst firms, estimates that 66% of large scale projects fail to achieve their stated business objectives, are delivered late, or are substantially over budget. It's the overlooked question, successful pro- ject management, what does it look like? Defining project success seems simple — deliver on time and on budget. But are those really the success factors most important to your customer, the project sponsor? Isn't it more important that the project deliver tangible business results? Consider for a moment, your project is delivered on time and on budget, and all deliverables fell within the original project scope, but the project ultimately was not deemed a suc- cess. This is an important point, so let us go a little deeper. It’s Not All About Process - As mentioned in another es- say, “what is a project”, many consider a project and pro- ject management to be synonymous with a process, and therefore successful project management must be the re- sult of an effectively executed process. Yes, one of the many tools successful project managers em- ploy is an effective process, however clean execution of a process is only part of the solution. So let's roll back for a moment to the definition of a project and further evaluate the following statement, “a project is defined as a problem scheduled for solution”. Now, without spending considera- ble time discussing and defining what a problem is, and what a problem is not, let's look at this from an organizational per- spective. Organizations have, or at least should have, a stra- tegic plan that outlines such things as strengths and weak- nesses, and opportunities and threats. A strategic plan will outline an organizations short and medium-term goals, how the organization intends to grow, and how the organization intends to overcome challenges. This is where projects are born. Business Drivers - Delivering a successful project starts with taking a step back and understanding business drivers: business drivers are the problem or opportunity that precipitated the project. One com- mon method an organization uses to evaluate perfor- mance is by estab- lishing and evalu- ating key perfor- mance indicators (KPI’s). KPI’s often represent the starting point for a project in that an organizational goal may be in- tended to effect change along some key performance indica- tor. SUCCESSFUL project management
  • 2. Continued From Previous Page - When identifying the need for project and then subsequently developing the pro- ject scope and plan the organization's business goals must remain a focus throughout the project. It is a reconciliation process on the frontend, during project need identification and planning, where project goals are specifically aligned with organizational business drivers. Ideally, be- fore any project plan- ning begins, the project sponsor/ customer would pro- vide a well thought out list of pro- ject goals and success criteria. Unfortunately, this is frequently not the case, and it is up to the Project Manager and project team to help the customer define the true project goals; what are the drivers behind this project and what is the desired outcome? It may take some effort to identify clearly these business drivers but without them, your project runs the risk of failure. Wrap your mind around this for a moment, your project is suc- cessfully executed but because it is not aligned with organi- zational strategy, the project ultimately is considered a fail- ure. You, the Project Manager, must work proactively on the front end of the project to help the organization truly identify the desired project results. Project Success Guidelines to Live By - Spend real time and effort asking the project sponsor the follow- ing questions. The answers to these questions are your project success guidelines, so make sure you ob- tain complete clarity at this point, it will make a big difference later on. Probe, push, prod, seek specific answers, use the five- why’s, and whatever other strategy makes sense to identify the root cause to known challenges and the desired solu- tions to go with them. 1. What does project success look like? A specific re- duction in fixed costs, a specific reduction in variable costs, an identified increase in sales, an identified in- crease in productivity, more of this, less of that, what is it – what does project success look like? 2. What organizational goal is the project intended to fulfill? What is the driver, the metric, the change or improvement sought that correlates to a specific organ- izational goal, find out? 3. How do we know the project is complete? Big ques- tion, what is the business “landmark” that tells us the project is complete? Going a little deeper, have the organiza- tional goals been met, if not, the pro- ject may not be complete. 4. Finally, how will all this be measured? - Be specific, some number, some percentage, some ratio,… what will be measured and how will it be measured? Mike Martin, MBA, PMP MikeM@latitude63.com www.latitude63.com PERFORMANCE improvement successful project management what does it look like