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Reinventing Project Management

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Presentation on theme: "Reinventing Project Management"— Presentation transcript:

1 Reinventing Project Management
Khalid Ahmad Khan, PE, PMP CEO Expert Systems (Pvt) Ltd President PMI Lahore Chapter

2 The world is getting Projectized
Agricultural 1800 Industrial 1900 Information 2000

3 Project Crisis Standish Choas Report 2009
31% IT projects will be cancelled in development 52% projects will cost 189% of their original estimates 9% Large projects completed on time/budget 48% IT executives felt failure rates increased from 2004 to 2009 World Bank Pakistan Infrastructure Implementation Capacity Assessment 2007 Completion times 300% of original schedule Completion cost 200% of original budget

4 Universal Project Concept One Project Management Approach

5 Contingency Theory Adaptable PM Approach
Classify Projects Structure Management to suite Projects

6 How can Project be classified?
Value Large, Medium, Small, Sector IT, Engineering, Social, Process Location Accessible, Remote Difficulty Replication, Innovative

7 Redefining Project Success
Efficiency Customer Team Business Future Scope Time Cost

8 The NTCP Model Aaron Shenhar Dov Dvir

9 NTCP Project Classification
Novelty Complexity Technology Pace Each has a unique impact on Project Management

10 Novelty The product newness to the market and the customers
Leapfrog Competition Novelty The product newness to the market and the customers Derivative Platform Breakthrough Unpredictable

11 Novelty Impact How new is the Product?
How well can you define requirement? How much can you rely on market research?

12 Technology The extent of new technology used Performance Tech Failure
Low Tech Medium Tech High Tech Super High Tech Tech Failure

13 Technology Impact What is the mix of New and Mature technology?
When should you freeze the design? What is the skill base?

14 Complexity The location of the product on a hierarchy of systems and
Bigger Systems The location of the product on a hierarchy of systems and subsystems Assembly System Array Delays & Cost Overrun

15 Complexity Impact What administrative and integration skills are available? What are the legal, environmental, political issues? What level of formality and bureaucracy is required?

16 Pace Project urgency and available timeframe Quick Response Disaster
Regular Fast Time Critical Blitz Disaster

17 Pace Impact How is the project usefulness affected by time?
What is the level of autonomy? How timely is decision making of Top Management?

18 Impact on Project Management
Later design freeze More design cycles Complex organization Formality Less market data Later requirement freeze More autonomy

19

20 Super High Risk High Risk Medium Risk Low Risk

21 Actual (Pt,Ht,Sy,Fc) Required (Br,Sh,Sy,Re) Space Shuttle

22 Actual (Pt,Lt,Ar,Fc) Required (Pt,Ht,Ar,Fc) Denver Airport

23 Actual (Dr,Lt,As,Tc) Required (Dr,Lt,Ar,Re) Lahore Ring Road

24 Actual (Dr,Mt,As,Tc) Required (Dr,Mt,As,Tc) Taunsa Barrage

25 Actual (Dr,Lt,As,R) Required (Dr,Lt,Sy,Tc) ERRA

26 New Project Management
Project Management Design

27 Project Management Design
Functional, Matrix, Projectized, PMO Organizational Structure Defined, Flexible Requirements Authority, Responsibility, Supervision Autonomy Constraints, Internal, External Risk Sequential, Concurrent (Fast Tracking) Project lifecycle Make, Buy Procurement

28 Q&A Khalid@expertsystems.net / @projectbyte
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