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Corporate Project Management Services ICBC Performance Management and Development Program for Project Managers Susan Read October 22, 2003
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2Outline CPMS Organizational Structure Summary of PM Levels and Skills Performance Evaluation Process Compensation Scale Skills Assessment Key Issues
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3 CPMS - Organization Structure Corporate Project Management Services currently reports to Finance Structure of CPMS is flat: –Manager of Corporate Projects –3 - Project Managers level 4 –6 - Project Managers level 3 –2 - Project Managers level 2 –0 - Project Managers level 1
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4 CPMS - PM Levels and Skills
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5 Performance Plans Performance plan includes 4 key areas: –Corporate –Divisional –Individual –Development Plan
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6 Performance Plans Corporate, divisional and individual broken down into: –goals –1 or more objectives for each goal –1 or more measures and/or targets for each objective Development Plan –Development Objectives Development Activities
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7 Corporate, Divisional, Individual Goals Corporate, Divisional, Individual Goals Become More Competitive Customer Focused Revenue Driven and Fiscally Responsible Personally Accountable, Capable and Engaged
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8Example
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10 2003 Incentive Rewards Model
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11 CPMS Skills Assessment: Development Planning Worksheet
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14 CPMS Skills Assessment: Development Planning Worksheet
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15 CPMS Skills Assessment: Development Planning Worksheet
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16 Key Issues Can be very subjective - difficult to set targets and measures for the soft skills Looks at past performance - need to link development and performance Effectiveness of pay for performance is controversial
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