1 Πάνος Χατζηπάνος, Αθήνα, 5 Νοεμβρίου 2015 Restructuring Greece: Project Managing the Challenge PROJECT MANAGEMENT CONGRESS 2015

2 Making project management indispensable for business results.® Largest Project Management Organization in the world Finances a large part of global research on the discipline of project management Operates via PMI Chapters in 195 countries Publishes a wide range of Standards on various Project Management domains, having global coverage Its certifications are acknowledged and respected worldwide – many organizations require them for career paths. PMI and the European Commission – latest cooperation ( ) Research analysis on improving the life cycle management of European projects funded by the Commission’s Structural and Cohesion funds

3 10,788 4,456 PMI® Chapters - Global

4 Advocacy: Government Relations

5 PPPM Model Framework Vision Mission Organizational Strategy and Objectives High-Level Operations Planning and Management Project Portfolio Planning and Management Management of On-Going Operations (Recurring Activities) (Producing Value) Management of Authorized Programs and Projects (Change Activities) (Increasing Value Production Capability) Organizational Resources Project Management as a Strategic Competency to improve performance in Public Administrations

6 PPPM Model Framework Strategic Planning Portfolio Management Program Management Project Management Processes, Proven Practices, Tools, Metrics Management of Operations Management by Projects Organizational Project Management (OPM)

7 PeopleProcessesOrganization PPPM Model i.e. effective project management Integrates… …across all functions and stakeholders to improve administrative capacity and deliver value for money.

8 PPPM Model Quality Assurance Standardise PMI Standards Benchmark Start on the path to maturity Strategise Council Practice Improvement Assessment (CPIA) Connect PM to strategy, enable industry comparisons Optimise OPM3 ProductSuite® Enable highly focused improvement Benefits Realisation Compare practices to the PMBOK® Guide & Standard for Program Management Utilize the Standard for Portfolio Management. Benchmark against Best-in-Class Global Organisations Utilize Organizational Project Management. Compare to PMI’s OPM3® Model

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10 F OCUS ON F UNDAMENTALS – C ULTURE : High Performing Organizations Create a Culture of Project Management Source: PMI 2015 Pulse of the Profession® F OCUS ON F UNDAMENTALS – TALENT: High Performing Organizations Focus on Talent Management F OCUS ON F UNDAMENTALS – PROCESS : High Performing Organizations Focus on Process

11 Pulse of the Profession ® Source: PMI 2015 Pulse of the Profession®

12 Source: PMI 2015 Pulse of the Profession®

13 Variable Capacity to Implement E.U. Cohesion Policy Has Been Identified Study on "Implementation of cohesion policy, : Preparations and administrative capacity of Member States" Metis GmbH, Vienna, Austria Project Management as a Strategic Competency to Improve Performance in Public Administrations

PMI Pulse of the Profession®

15 Incentive for Using Project Management €230M Euros wasted per €1 billion spent Low Performers High Performers €20M Euros wasted per €1 billion spent Projects not meeting goals X percentage of failed project budget lost = € wasted Average Wasted in Europe €151M Euros wasted per €1 billion spent vs. €109M globally High Performers Waste 12 Times Less than Low Performers Source: Mark A. Langley, President & CEO, PMI Presentation to EC, 6 February 2015 © 2015 PMI. All Rights Reserved.

16 Project Outcomes Lag in Europe 36% vs. 30% globally Budget Lost High Performers 8% vs. 12% globally Completed on Time 47% vs. 51% globally Active Sponsors 53% vs. 63% globally Source: Mark A. Langley, President & CEO, PMI Presentation to EC, 6 February 2015 © 2015 PMI. All Rights Reserved.

17 EU member states Governments Lag in PM Capability 10% vs. 18% globally High PM Maturity Effective at Change Management 12% vs. 21% globally Understand Value of PM 39% vs. 54% globally Source: Mark A. Langley, President & CEO, PMI Presentation to EC, 6 February 2015 © 2015 PMI. All Rights Reserved.

18 Three Imperatives Improve Chances of Success With Government-led Projects Focus attention on critical initiatives 8 Use s.m.a.r.t. and simple formalized processes Foster talent and build capabilities Source: Mark A. Langley, President & CEO, PMI Presentation to EC, 6 February 2015 © 2015 PMI. All Rights Reserved.

19 Focus Attention on Critical Initiatives Use roadmaps and milestones to enable a focus on critical initiatives Source: Mark A. Langley, President & CEO, PMI Presentation to EC, 6 February 2015 © 2015 PMI. All Rights Reserved.

20 Use Smart & Simple Processes Implement “minimum sufficient” process, control, information and reporting that enables executive sponsors to have the largest and quickest impacts 73% 66% 61% 60% 40% 20% 0% Project met goals Extremely well/Very well Somewhat well Not very well/Not at all 80%80% 100% Executive Sponsors Supported by regular progress reports PMI’s 2014 Pulse of the Profession ® In-Depth Report on Executive Sponsors Source: Mark A. Langley, President & CEO, PMI Presentation to EC, 6 February 2015 © 2015 PMI. All Rights Reserved.

21 Foster Talent & Build Capabilities Improve professionalism by developing and rewarding project managers the same as any other high-value profession 85% of organisations say that leadership skills are not as teachable but 66% say they are most important for success in project management PMI’s 2013 Pulse of the Profession ® In-Depth Report on Talent Management Two-thirds of organisations say that technical skills are hardest to find but easiest to teach Source: Mark A. Langley, President & CEO, PMI Presentation to EC, 6 February 2015 © 2015 PMI. All Rights Reserved.

22 Foster Talent The paramount part of project management is, people. People aligned to a common objective and following a common route to reach it – PRINCIPLES & PROCESSES. Projects are built by people, for people, through people. One should never compromise on people… But one always does…

23 Σας ευχαριστώ πολύ για την προσοχή σας!