Understanding Projects and Project Alignment R. J. Monson, PhD.

Slides:



Advertisements
Similar presentations
Operations management is concerned with producing the right goods and services at the right quality and quantity. They need to turn the factors of production.
Advertisements

Recreational Sport Management & Careers
Practice Questions - Operations Wedding cake designers mainly use job production system. Describe the advantages and disadvantages of this type of.
Building Competitive Advantage Through Business-Level Strategy
A Presentation for the Enterprise Architect © 2008 IBM Corporation IBM Technology Day - SOA SOA Governance Miroslav Petrek IT Software Architect
Chapter 5 Business-Level Strategy
Building Competitive Advantage Through Business-Level Strategy
Functional Strategy Functional Strategy:
5 Chapter 5: Building Competitive Advantage Through Business-Level Strategy BA 469 Spring Term, 2007 Prof. Dowling.
Harcourt, Inc. items and derived items copyright © 2001 by Harcourt, Inc. Economics Economics is the study of how society manages its scarce resources.
Managerial Planning and Goal Setting
Business Strategy – Lecture 5 Generic Strategies at the Business
National Forum for Black Public Administrators FORUM 2012 Virginia Beach Convention Center.
Section 1.1 Financial Decisions and Goals.  Definition: arranging to spend, save, and invest money to live comfortably, have financial security, and.
Pricing Strategies Part 1: The Matrix. Consumer Demand Consumer demand always sets the price: if the consumer feels the price is too expensive, they may.
PRINCIPLES OF MANAGEMENT With Philip Soward LESSONS 2 AND 3 BUSINESS AND ITS CONTEXT (Material included from Management 8e by Schermerhorn and from Harvard.
MANAGEMENT OF OPERATIONS METHODS OF PRODUCTION. LEARNING INTENTIONS AND SUCCESS CRITERIA LEARNING INTENTIONS: I understand the different production methods.
©2006 Pearson Prentice Hall — Introduction to Operations and Supply Chain Management — Bozarth & Handfield.
US Economy Free Enterprise System. What is an economy? An economy is the resources of a country, state, region, or community and how the resources are.
Chapter 7 Managerial Planning and Goal Setting. Planning is Fundamental All of the other management functions stem from planning How do you plan for an.
Compiled by: Gul Sayyar, ACCA-UK
Businesses make money by offering goods and services to satisfy the wants and needs of consumers and other businesses. In this way, wants and needs drive.
Basic Organizational Design
Organizational Structure
 Economics is about choosing from alternative ways to use scare resources to accomplish goals  All economic analysis focuses on how people choose.
8 Identifying Market Segments and Targets
Competitiveness, strategy, productivity. What can be competitive? Country? Company? Brand? Product line? Product? Competence? …
Based upon a presentation by Dr. Rob Weinberg Director, Experiment in Congregational Education Thinking, Planning, and Acting Systemically in Communities.
Business Management.
Estimation of efficiency to foreign economic activity of enterprise How to get into the concrete market in the best way? In modern conditions it is possible.
Chapter 8 - slide 1 Copyright © 2009 Pearson Education, Inc. Publishing as Prentice Hall Chapter Eight Product, Services, and Brands: Building Customer.
Marketing -introduction Alena Klapalová
NewProd TM Study Results on NPD Success (102 successes, 93 failures, 102 companies) Product has to offer unique benefits and superior value for money to.
Copyright 2004 Prentice Hall 1 Organizational Theory, Design, and Change Text and Cases Fourth Edition Gareth R. Jones.
Copyright © 2010 Pearson Education, Inc. Publishing as Prentice Hall 1-1 Organizational Theory, Design, and Change Sixth Edition Gareth R. Jones Chapter.
CISB594 – Business Intelligence Understanding Business Intelligence Part II.
Choosing Measures of Performance: Translating Strategy into Action v Why do we measure? 3Clarify and translate vision and strategy 3Communicate and link.
Copyright © 2010 Pearson Education, Inc. Publishing as Prentice Hall 1-1 Organizational Theory, Design, and Change Sixth Edition Gareth R. Jones Chapter.
Simone Lojeck CSCI 577b, Spring 2013 Scaling Processes for a Small Team Environment.
Copyright 2000 Prentice Hall2-1 Chapter 2 Strategic Planning: Making Choices in a Dynamic Environment.
1 Introduction to Business and Economics Copyright Goodheart-Willcox Co., Inc. May not be posted to a publicly accessible website. Section 1.1 Introduction.
Chapter 7 Rewards and Performance Management
Project Management 6e..
 Copyright, Ansari, Bell, Klammer and Lawrence, Management Accounting: A Strategic Focus, Irwin-McGraw-Hill, Production Methods v Craft v Mass v.
IB Business and Management 5.4 Quality Assurance.
Dr. Yacheng Sun, UC Boulder 1 Lecture 7 Pricing Policies and Levels.
Customer-Driven Marketing Strategy: Creating Value for Target Customers 7 Principles of Marketing.
Ten Principles of Economics Chapter 1 Copyright © 2001 by Harcourt, Inc. All rights reserved. Requests for permission to make copies of any part of the.
Developing a Marketing Plan
Managing Currency & Finances Presentation by: Mr. Evangelos Vantzos BSc, MSc, PhD Researcher.
2/20/2016 Leveraging IT Governance and COBIT Chip Council, PhD, CGEIT, CISM, CISA Matt Schmidt, MS, CISSP, CISA Adjunct Professors, University of Minnesota.
MGT-555 PERFORMANCE AND CAREER MANAGEMENT LECTURE NO
Chapter 2 Problem Definition. Topics Importance of Problem Definition The Process of Problem Definition –Tasks Involved –Environmental Context –Management.
MOTIVATIONAL STRATEGIES BOH4M. WHAT DOES THIS MEAN TO YOU? “Management means helping people to get the best out of themselves, not organizing things”
Copyright © 2010 Pearson Education, Inc. Publishing as Prentice Hall 1-1 Organizational Theory, Design, and Change Sixth Edition Gareth R. Jones Chapter.
Budgets and Businesses Workshop. Budget: is a plan that shows income, spending and saving. Income: Spending: Saving:
CHAPTER 5 BUSINESS-LEVEL STRATEGY. LEARNING OBJECTIVES  Explain the difference between low-cost and differentiation strategies  Articulate how the attainment.
Copyright © 2012 Pearson Education, Inc. Publishing as Prentice Hall Copyright © 2014 Pearson Education 11-1 Foundations of Organizational Design.
Marketing Review 1.0 Presley G, Lauren F, Ryan S, Sydney S, Madison M, Shauna G.
Purpose Best Practise Approach How to use guide Competencies/Knowledge prerequisites Organisational Context of P30 P30 Evolution & Maturity AEC Navigation.
Planning process Lecture 3. Planning and goals Planning is a generic activity. Planning process includes setting goals, developing plans and related activities.
Production Methods.
Lec 3: STRATEGIC COST MANAGEMENT (SCM)
Organizational Effectiveness
Copyright © Simon Wallace
Lost On The Moon Goal Through communication, collaboration and consensus building, create the perfect response to the scenario provided, scoring higher.
Build or Maintain Image Increase Sales/Volume
EUnomia Overview eUnomia Product Line in a nutshell.
Supply Chain Management: From Vision to Implementation
Programme Lifecycle Mobilisation Programme Delivery Definition
Presentation transcript:

Understanding Projects and Project Alignment R. J. Monson, PhD

The Project Life-Cycle

© Copyright Simon Wallace, November 2001 Operations & Benefit Realization Development Program Definition Delivery The Program Lifecycle

© Copyright Simon Wallace, November 2001 Operations & Benefit Realization Development Program Definition Delivery The Program spawns many Projects

© Copyright Simon Wallace, November 2001 There is a program lifecycle, which will spawn many projects. Projects will have different lifecycles within the program Operations & Benefit Realization Development Program Definition Delivery Proj 1Proj 2Proj 3…

© Copyright Simon Wallace, November 2001 Programs & Projects have different lifecycles & different management needs Operations & Benefit Realization Development Program Definition Delivery Program Management Project Management Proj 1Proj 2Proj 3…

© Copyright Simon Wallace, November 2001 Many Project lifecycle events are also overseen at the Program level Operations & Benefit Realization Development Program Definition Delivery Program Management Project Management Proj 1Proj 2Proj 3…

© Copyright Simon Wallace, November 2001

Understanding Goals and Tasks

© Copyright Simon Wallace, November 2001 Upper Management

© Copyright Simon Wallace, November 2001 Upper Management Middle Management

© Copyright Simon Wallace, November 2001 Upper Management Middle Management Workers

© Copyright Simon Wallace, November 2001 Strategy Upper Management Middle Management Workers

© Copyright Simon Wallace, November 2001 Strategy Tasks Upper Management Middle Management Workers

© Copyright Simon Wallace, November 2001 Goal Strategy Tasks Upper Management Middle Management Workers

© Copyright Simon Wallace, November 2001 Goal Strategy Tactics Tasks Upper Management Middle Management Workers

© Copyright Simon Wallace, November 2001 Goal Strategy Tactics Tasks Upper Management Middle Management Workers

© Copyright Simon Wallace, November 2001 Goal Strategy Tactics Tasks Upper Management Middle Management Workers

Strategy R.J.Monson, PhD

Why consider strategy? Alignment of our team Alignment of our team Compelling arguments to gain support Compelling arguments to gain support Assure alignment with organizational views Assure alignment with organizational views Provides guidance to the planners Provides guidance to the planners Completes the Goal-Strategy-Tactics-Tasks cohesiveness Completes the Goal-Strategy-Tactics-Tasks cohesiveness

What is strategy? Guiding Principles Guiding Principles Ingrained Behaviors Ingrained Behaviors Criteria for Decisions Criteria for Decisions The way we do things… The way we do things…

Strategies Price (cost) Price (cost) Focused on high volume production usually Focused on high volume production usually Interested in economies of scale Interested in economies of scale Bottom-Line for the consumer Bottom-Line for the consumer Dependability (High Value) Dependability (High Value) Usually more expensive item Usually more expensive item Lasts longer, performs better Lasts longer, performs better Perceived as good value for the money Perceived as good value for the money

Strategies Quality (High consistency) Quality (High consistency) Usually associated with mass production Usually associated with mass production Very repeatable, usually means fewer flaws Very repeatable, usually means fewer flaws Flexibility (Choice) Flexibility (Choice) Many options, many different models Many options, many different models Higher cost to provide this choice Higher cost to provide this choice Innovation (Unique) Innovation (Unique) First or only of its kind First or only of its kind New, exciting, willing to pay more for it New, exciting, willing to pay more for it

In Summary Cost Cost Quality Quality Dependability Dependability Flexibility Flexibility Innovation Innovation