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This presentation is about how an organization can identify and overcome its project management challenges. It takes Approx. 5 minutes
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This presentation is about how an organization can overcome its project management challenges.
It will take Approx. 5 minutes of your time.
Please use left or right arrow to navigate to previous or next slide if the speed of this presentation is faster or slower than your speed. In this case presentation may take more or less time.
5Min.
pmwaresYour partner in managing your projects
Managing a project is complex
A project managers has to manage more than 8 different dimensions of the project at all the time from initiation to closure
Scope
Time
Resources
Cost
Quality
Procurement
Communication
Risk
Most of the projects are challenged
Source: 2011 ERP survey: New IT failure research and statistics - By Michael Krigsman | March 1, 2011
As per a recent survey on IT projects, 61% projects are delayed 74% Projects observe overrun 52% projects could NOT realized the project benefits
Another survey from IBM
Source: Making Change Work – IBM Study, 2008
44% projects could not meet at least one of three (Time, Budget and Quality) objectives
15% could not meet all three.
Let’s look at one more study
Source material – KPMG Project Management Survey 2010
KPMG survey states out various reason for project failure.
This story can go on and on…
Not meeting project objectives
is not uncommon.
Top challenges
So what are the top challenges?
No.1 - Ambiguous scope definition
Just one more thing!
This is not what we expected!!
Oh! We just realized!!!
We need this too!!!!
No.2 – Failing to planExecutio
n
RiskDefects
Dependencies
Rework
Replan
…and jumping into the execution push the project into a downward spiral of Risk/Issues/Defect/Rework
No. 3 – Failing to identify stakeholders
…and not managing stakeholders expectations can lead to disastrous results
No. 4 – Poor Communication
A project manager spend more than 90% of the time on communications, Is there any doubt, it is one of the primary reasons
for project failure?
No. 5 – Losing sight of the goal
Sucked into daily transactions,
lose the sight of the goal to be achieved
No. 6 – Failed to collect data
As a result unable to measure real progress and end up accepting unrealistic
dead lines and cost
No. 7 – Inefficient resource management
…may lead to Over allocation
Delay in deliverables
Cost overrun
Attrition
Under allocation
Do you want to get rid of them???
If you see some or all patterns in your office…
…And you are looking to win over them
Next few slides are for you…
How these challenges can be addressed
Challenges
Ambiguous scope definition
Failed to plan
Failed to identify stakeholder
Poor Communication
Losing sight of the goal
Failed to collect data
Categories
Competency (Skills)
Project Management System
Guidance
How these challenges can be addressed
These challenges fall into three broad categories
1. Competency of the Project Manager
2. Project Management System in the organization
3. Expert’s guidance to the team
How pmwares addresses these categories
Your needs
Competency
Project Management System
Guidance
pmwares offerings
Trainings
Consulting
Supporting
Why is a competent PM important?
Because only competent manager knows What to be done When to be done How to be done
Remember! Only competent manager can deliver
Groom internal candidates as it costs 10 times more to hire a manager from outside
Build Competencies
pmwares provides trainings Training on Project Management Fundamentals
For Project Leads & Beginner Project Managers
Advance Project Management WorkshopFor Practicing Project Manager and above
Microsoft Project 2010 WorkshopFor all project managers
Soft skills for Project ManagersFor all project managers
pmwares Trainings to Build Competencies
pmwares provides trainings Software Project Estimation
For software project managers
Software Project ManagementFor software project managers
PMP WorkshopFor PMP Aspirants
…And other trainings for effective delivery
Process
EPM
PMO
Why Project Management System?
Because only a strong system can provide right processes and platform for planning, collaboration and reporting
A strong project management system must have A well defined set of processes that suit to the style of the
organization A Support Team – PMO Enterprise Project Management System to
Plan and track the project
Collaborate with stakeholders
Collect data and analyze it
Measure and report progress
Establish a Project Management System
pmwares provides services to Define a set of processes
pmwares analyzes organizations requirements and helps defining a set of processes that suits to organization style of working
Establish an Enterprise Project Management System (EPM) pmwares helps in setting up an EPM system using Microsoft EPM that facilitates project planning, tracking, reporting, resource management, team collaboration, data collection & analysis
Set up a Project Management Office (PMO)pmwares helps setting up PMO that facilitates project by providing policies, procedures, guidelines & templates, measure and report progress, optimize resource utilization, share best practices
We also manage outsourced PMO. Many times an outsourced PMO is much more effective than internal PMO
Why Support?
It takes some time to imbibe the learnings and implement them in practice.
Implementation of learnings in practice pose different challenges
Changing current practices are not easy
Project managers need support to Overcome these challenges Verifying their deliverables Providing hands on help Dealing with unforeseen situations Initiate further improvements
Supporting project management team
pmwares supports project management team pmwares consultants coach and mentor project
managers. Consultants work with project management team to
provide guidance and support for ensuring transformation at work place
We stand by team in difficult situation, work with them to find solutions and help sailing the boat through rough water
Some people with whom we have worked with
Some of the companies, pmwares has worked with or have trained their professionals
If you find this interesting
If you find it worth spending couple of minutes to discuss how
project management practices can help you manage your
project better and save precious money
Call us or send a SMS on +91-9405021929
Or
Write to us on [email protected]
pmwaresPune – 411021, India
[email protected] +91-9405021929
www.pmwares.com
Thank you very much for your time
Look forward to become your partner to realize goals of your projects
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