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Looking beyond Project Management
Theme: Project Management Indispensable for Vision India Sub Theme: Overcoming Challenges & Complexities in Project Management Neal Jacob Suprasanna Addanki Revathi Ganduri
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Project Profiles & Contours are changing – Are we ready to face it?
Business Context – Project Challenges and Complexities Highly dynamic Project Environment – Internal & External Forces Influencing Execution Stakeholders Expectations are increasing continuously Resources are scarce with high Expectations Availability of Multiple Execution Models increasing the complexity of adoption Success of Business Models & Initiatives depend on IT project success Rapid Changes Modern Technological projects impacting Business Modern Project Manager Short cycle Projects Tech Savvy Teams Multiple Execution Models Business Imperatives Driving Projects Project Profiles & Contours are changing – Are we ready to face it?
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Evolution of Project Management Practices – Shift in Focus
Expectations from Modern PM Modern Project Management - Strategic focus and Business outcome driven
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Business Challenges – Why Projects Fail
Poor Project Management Practices - Triple constraint failures Failures of Organizational and change Management - Poor adoption of the Project Inadequate Resource skill & Competencies - Missing aggressive schedules Poor Project Governance - Misalignment of Business goals and Project deliverables Lack of Strategic vision – No alignment to Organization and Project Team Goals Inability to engage the Project Teams – Missing motivation the team at all times Technological challenges - Poor product features / Missing service levels Historical Data indicate the same Lack of Robust Project Management & Leadership Competencies – Key Reasons
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Transactional Management alone can not guarantee Project Success
Why Projects Fail – Visible and Invisible Root Causes Project Management / Transactional Management NOT ADDRESSED ADEQUATELY & COMPLETELY Transactional Management alone can not guarantee Project Success
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New Mantra – “Transformed” Project Management Hub
Plug “Transformation” into New Project Management Hub Project Management Transactional Leadership Focus on Transformational Leadership Focus on Quality Inspiration Leadership for common Vision Cost Intellectual Stimulation of the Team to achieve Value Driven KPI Schedule Maximize Influence on team for better Collaboration and mutual Trust Individual mentoring, coaching to sync up orgn and Individual Aspirations Delivery Excellence New Mantra – “Transformed” Project Management Hub
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Project Management Hub Solutions – Case Study Examples
What is the need How it is achieved PMI Knowledge Areas Governance – External and Internal Stakeholders Resources – Soft Skills and Competencies One Team Vision Creating PMO, Change Manager and standardizing the Processes Stakeholder Management, Contract Management and Tier 2 cities execution Team building , Individual focused trainings on gaps, mentoring Organization Design to achieve Business goals / Encouraging Inspiration Leadership KT Management & Domain Skills Building Key verticals and business processes SMEs with in the team. Management & Leadership Competencies leveraged - Wing to Wing Solutions
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Large PPP Engagements Large PPP Engagement – How did we succeed
Key Issues One Team vision missing Huge Contractual penalty Project Technical solution risks Unlimited scope EBDITA challenges Management Solutions Large PPP Engagements Benefits Multi Release Plan to mitigate the schedule Risk Strong Program Governance for effective stakeholder Management Consolidation of Vendors for project success Effective contract Management with a role called Contract manager Effective scope Management result in 37% additional revenue Multi Release Plans on schedule Profitability increased by 100% Effective resource Utilisation New Avenues of Business growth of value $4Mn Leadership Solution Creation of one Team ‘ Symphony’ to foster single mind-set and integrate the project teams Fixed Schedule,-Variable scope in multi release enabled inspired teams to work beyond working hours to meet the schedule dates Revamping architectural solution through Intellectual stimulation Team building and individual trainings to meet the Competency gaps
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AMS Engagements Application Management Services (AMS) Engagement
- How did we succeed Key Issues KT challenges Domain knowledge Business critical applications Resourcing challenges Customer Expectations very high EBDITA challenges AMS Engagements Benefits Management Solutions Customer Confidence and Satisfaction improved and steady state achieved for billing Additional scope worth $300K opportunity EBDITA improved by 2% KT Plans and communication plans prepared and implemented Proactive communication with stakeholders Ticket Management streamlined Leadership Solution Creating a vision of partnership than simple IT vendor managing AMS engagement with team by building trust and strong Team Wing to Wing Ticket ownership to achieve the business goals than IT SLA management by Team motivation Proposing a DevOps Model Learning to improve domain and technical skills
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Enable PM Competencies
Critical Success Factors to roll out the New Hub Enable ‘Transformational Leadership’ Understanding of the nuances of Transactional and Transformational Leadership styles Enable PM Competencies Create leadership with PMP certification and Risk Management certification Adopt to Industry Eco system Adoption to changes in Industry Ecosystems and Economic Challenges and rework Project Execution strategy Behavioral & Soft skills Manage team dynamics, Conflict resolution skills Enhancement of Project Manager with Management & Leadership Competencies – Critical for success of the New Mantra
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Accelerating the Growth
Benefits Beyond successful delivery of Projects Accelerating the Growth Cost Optimization Human Resources + + Onshore replacements with low cost and resources Margin Expansion by using tier 2 cities Simplification by merging similar functional areas Leadership Development Focus on business process knowledge Training & development Realigning resources with in business to take functional roles Identifying Business functions and key initiatives and customer pain areas Account mining Building growth playbook Creating Opportunities and Enabling growth
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Transformed Project Management Hub is Reusable and Scalable
Reusability and Scalability of the Model Opportunity Include Leadership Competencies as part of PMI Training internally and externally. Potential All existing and budding Project Managers adopting New model would increase success rate of Projects Benefits The Project Teams Morale, Contribution to KPIs and HR capability Index would improve with the adoption of the New Mantra Transformed Project Management Hub is Reusable and Scalable
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Why this presentation @ PMI National Conference ?
To build national talent pool of “Transformed Project Managers” and thereby achieving PMI “ VISION INDIA” mission on Project Management Create awareness on challenges & Complexities in executing large PPP projects & Application support projects Share Case Study experiences of how large PPP projects are delivered using Transformational leadership Solutions in a National forum Augmenting Project Managers with knowledge of Transactional & Transformational Leadership styles for improvement in Project Success Rate Strategic Vision for Project management in India realized with additional Competencies to Project Manager
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References Mattus, Thomas - Transformational leadership for project managers- how to lead, not just manage projects Conference Paper Skill Development Prabhakar, Guru Prakash - The impact of transformational leadership on project success - an empirical study using structural equation modelling across twenty-eight nations Conference Paper Skill Development Dr.Roni Levi, Haifa-Jászberény Innovative approaches in project management for personnel in the educational and public administration fields.
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Thank You
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