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New York University Management and Technology Master Practitioner Series
Extending Project Management to the Enterprise
Welcome
Management and TechnologyMaster Practitioner Series
New York University Management and Technology Master Practitioner Series
Extending Project Management to the Enterprise
sponsored by NYU SCPS Programs in Business
MS in Management and Systemsa unique interdisciplinary program
an MS degree providing:
solid understanding of business disciplinescutting-edge IT knowledge the knowledge to effectively manage in today's challenging business environment
New York University Management and Technology Master Practitioner Series
MS in Management and Systems
Database TechnologiesDatabase Technologies Enterprise Risk ManagementEnterprise Risk Management
Systems ManagementSystems Management Strategy and LeadershipStrategy and Leadership
select from four concentrations
online and onsite courses
New York University Management and Technology Master Practitioner Series
Extending Project Management to the
Enterprise
Master Practitioner Series
Doreen P. Fagiano Tommy Fu Peter Ward
Vice President
Profit QuestConsulting
Enterprise Portfolio and Project
Management Solutions Group
Microsoft
Business Collaboration
Manager
InterDyn
New York University Management and Technology Master Practitioner Series
Enterprise Project Management
Doreen P. FagianoProfitQuest Consulting Inc.
Master Practitioner Series
New York University Management and Technology Master Practitioner Series
Enterprise Project Management
The conscious integration of processes, technology, organization structure and people in order to align strategy with the execution of projects.
New York University Management and Technology Master Practitioner Series
Project Management
Project Portfolio Management
Program Management
Technology
People
Organization
Processes
New York University Management and Technology Master Practitioner Series
Project Management
TIME COST
PERFORMANCE
New York University Management and Technology Master Practitioner Series
Benefits of Formalizing PM
Agreement among the project team, customer and management on the goals of the projectA plan that shows an overall path and clear responsibility: to measure progress during the projectConstant, effective communication Controlled scopeManagement support
New York University Management and Technology Master Practitioner Series
Project Management
Project Portfolio Management
Program Management
Technology
People
Organization
Processes
New York University Management and Technology Master Practitioner Series
Establish Consistent PM Processes
PracticesDefined practices that can be implemented consistently
StandardsThat comply with accepted requirements
RolesWith clear responsibilities and decision points
New York University Management and Technology Master Practitioner Series
PM Practices
Project life cycle– From kick-off to post project review
Project management methodology– Complex vs Simple– Formal vs informal
Templates, Checklists, Guidelines
New York University Management and Technology Master Practitioner Series
Standards
What?When?Who?How much?How long?
Project CharterSOWCommunication planResource planRisk planQuality planChange Management plan
New York University Management and Technology Master Practitioner Series
Roles
Authority shapes processes and cultures:Portfolio level: who has the authority to approve or cancel a project?Program level: who has the authority to assign or remove people from project teams?Project level: what are the roles/authority of the project sponsor and project manager?
New York University Management and Technology Master Practitioner Series
Project Roles
Who will the project manager report to? What responsibility to the project will this person have?What does it mean to sponsor a project?What responsibility, if any, will functional management have for a project?
New York University Management and Technology Master Practitioner Series
Establish an Enabling Organization
Staff augmentationConsultingMentoring
TrainingProject archivesCollecting/disseminating best practicesPromoting/institutionalizing the project management profession
Project Management Office
New York University Management and Technology Master Practitioner Series
It’s People who Deliver the Projects
Institutionalizing the best project management practices creates an environment that teaches and reinforces project management skills to our PMs– Unconscious competence
All stakeholders have key roles to play in order to have effective EPM– How do I fit into the big picture?– How do I make a contribution?
New York University Management and Technology Master Practitioner Series
Rollout Enabling Technologies
The information and telecommunication technology that enables people to follow the processes
New York University Management and Technology Master Practitioner Series
Project Management
Project Portfolio Management
Program Management
Technology
People
Organization
Processes
New York University Management and Technology Master Practitioner Series
If you don’t know where you’re going…
…any map will do
New York University Management and Technology Master Practitioner Series
Master Practitioner Series
Microsoft’s Enterprise Project & Portfolio
Management SolutionTommy Fu, EPM SSP
New York University Management and Technology Master Practitioner Series
Program Management
Portfolio Management
SharePoint & .NET
Platform
Project Collaboration
ResourceManagemen
t
FinancialManagement
SchedulingTask
Management
Simple Reporting
Resource Tracking
E-mail & Print
Microsoft Project Evolution
2006
1996
#1 Project Portfolio Management Software Vendor 6th Largest business unit at Microsoft2007-2009– $750mm $1billion 23 Different Languages
New York University Management and Technology Master Practitioner Series
What Is Enterprise Project Management (EPM)?
New York University Management and Technology Master Practitioner Series
Work ManagementVisibility, Insight and Control
EPM SystemEPM System
VisibilityInsightProject and Portfolio
Program
Executives
• Track the entire project lifecycle• Organizational
Visibility
Team Members
See simple view of all projects and
programs
Co
ntro
l
PMO
• Manage scope, risk, quality, issues, and
schedules• Prioritize all project work
with enterprise objectives
New York University Management and Technology Master Practitioner Series
Resource ManagementAlign, Automate and Accelerate
Resource Repository
Accele
rate
People & Time
Finance Material
• Track costs and budget to better
understand finances• Create
transparent schedules
Executives
Centralized data facilitates cross project analysis of
finances, resources, schedules and materialsPMO
Resource Managers
Allocate resources based on their skills and
availability
Align Automate
New York University Management and Technology Master Practitioner Series
Portfolio Optimization Create, Select, and Manage
• Align selected portfolios with your business
strategy• Determine optimal
portfolio under budget and
business constraints
Prioritize business
strategy and competing
investments
Project Repository
Analysis and
Selection
Man
ag
e
• Quickly realize a return on investment
• Measure and track portfolio performance
Reporting Dash boarding
Create
Select
New York University Management and Technology Master Practitioner Series
Team CollaborationStore, share and track
Central Repository
People
Share documents, synchronize calendars, stay up to date with
team events, and assign
tasks
Collaborate via project workspaces and access project information
through the Internet
Manage team documents
with metadata, workflow, search,
check-in and check-out and
document versioning
Information
Project
Tra
ck
Store Share
New York University Management and Technology Master Practitioner Series
EPM Solution Components
Line of Business Systems
Executives Portfolio AnalystsProject Managers
Application Managers
Project Managers
Executives Resource Managers
Team Members
Office Project Portfolio Server 2007 integrates with Office Project Server 2007
New York University Management and Technology Master Practitioner Series
Enterprise Project & Portfolio Management
New York University Management and Technology Master Practitioner Series
Key Takeaways
Facilitates strategic portfolio decision makingLeverages existing investmentsManages work across the entire project lifecycleDelivers an easy to administer enterprise ready platform
New York University Management and Technology Master Practitioner Series
Next Steps
Install the EPM Solution evaluation todayLearn more at http://www.microsoft.com/project Learn more about Windows Vista, Exchange 2007 or the 2007 Office system at http://microsoft.com/businesslaunch2007
New York University Management and Technology Master Practitioner Series
Implementing Enterprise Project Management and MS Project Server 2007
Peter WardBusiness Collaboration Manager
Web: -www.interdyn.comBlog:- www.wardpeter.com
Master Practitioner Series
New York University Management and Technology Master Practitioner Series
Cultural Acceptance of Enterprise Project ManagementDevelop a culture centered on project management – This objective is very difficult to achieve– Technology is only an enabler– Behavior often retrogrades to original state– Policies, procedures, accountability and leader
behavior must offer sustained support
“Culture change, that big elusive goal, often starts with one small “WOW” project”
– Tom Peters, Author of In Search of Excellence
New York University Management and Technology Master Practitioner Series
Do's and don'ts
Do’s– Treat the process as a project – Get IT involved– Train project manager and users– Review the process
Don’ts– Keep it under the radar– Big bang approach
New York University Management and Technology Master Practitioner Series
Perspectives and skills vital to project management
Conceptual
Relatio
nship Skills
Technica
l
Gov
erna
nce
Com
mit
tee
Im
plem
ent.
Tea
m
Oth
er T
ec.
& P
rof’
s.
New York University Management and Technology Master Practitioner Series
The Business Objectives
INFORMAL ORGANIZATION
PERFORMANCE
Organization
Group/Unit
Individual
INPUT
Environment
Resources
History
Form Structures& Systems
OUTPUT
Individuals
WORK
The Organization
Leadership
Objectives
FeedbackFeedback
STRATEGY
Feedback
New York University Management and Technology Master Practitioner Series
Building a Business Case
• Why is it important?• blogs, wikis, instant messaging and web conferencing• Bean Counters generally buy on:
“We believe that by deploying project management tools we make our employees more productive, thus improving the bottom line (e.g. either making more money or saving more money).”
• ROI Strategy
– Reduce head count by 2 people => $100k saving
– Products go to market not just quicker, but in 4 months, not 6.
New York University Management and Technology Master Practitioner Series
NYU MS in Management and Systems
'The M.S. challenges students to examine the intrinsic inter-relationship between business and technology and how leaders and managers can harness that knowledge to advance their companies. This is a new skill set and those who possess it will be the ones to watch.'- Guldem Gokcek, Ph.D, Faculty
New York University Management and Technology Master Practitioner Series
Talk and Chalk Sessions