winter lecture series cork region oct2016 · next$ generation$ project$ management project$...
TRANSCRIPT
The Future of Project Management
Cork Region Engineers Ireland Winter Lecture Series
24th Oct 2016
John Kelly Centre for Project Management
University of Limerick
Next Generation Project
Management
Project performance – getting better?
Challenging the
dominant paradigm
Standard Methodology & Frameworks
Project Typology
Enabling Technology
What next?
Agenda
The Projects Paradox• Cost overruns of 50% -‐ 100% are common – overruns over 100% are not
uncommon
• Demand forecasts that are wrong by 20%-‐70% compared with actual developments are common
• The extent and magnitude of actual environmental impacts of projects are often very different from forecast impacts. Post-‐auditing is neglected.
• The substantial regional, national and sometimes international development effects commonly claimed by project promoters typically do not materialise, or they are so diffuse that they cannot be detected.
• Actual project viability typically does not correspond with forecast viability, the latter often being brazenly over-‐optimistic.
(Flyvbjerg, Bruzelius, Rothengatter, 2003)
PwC Global Survey
Five themes for doing things differently• Optimise your portfolio to maximise return• Be flexible – change faster• Enable your people to deliver success• Connect the Executive Team to programme delivery teams to get the change you want• Measure and address the harsh facts to maintain direction(PWC Programme and Portfolio Management Survey 2014)
Performance
(PMI -‐ Pulse of the Profession 2016)
• Look beyond technical skills• Alignment with strategy• Drive success with executive sponsors
Rethinking Project Management
Complexity Social Processes
Value Creation Conceptualisation
Practitioner Development
Winter et al.(2006)
Next Generation Project
Management
Project performance – getting better?
Challenging the
dominant paradigm
Standard Methodology & Frameworks
Project Typology
Enabling Technology
What next?
Agenda
Challenging the Dominant Paradigm
WHY?
WHAT? HOW?
Outcomes Value and Benefit
ResourcesCost, Time and Risk
OutputsScope and Quality
(Winter and Szczepanek, 2009)
Value Perspective
Value Perspective
Value Perspective
Thiry (2002)
Value Perspective
(Value Methodology Standard – SAVE(2015))
Social Processes
Next Generation Project
Management
Project performance – getting better?
Challenging the
dominant paradigm
Standard Methodology & Frameworks
Project Typology
Enabling Technology
What next?
Agenda
Project Management Development
Define a PM Approach
Detail the Key Processes
Design tools processes aids etc.
Train staffEmbed the processes
Project/Programme Governance
• Provides a framework for efficient and effective decision making
• Consistent delivery management focused on achieving strategic goals
• Provides an appropriate mechanism to address risks and stakeholder requirements
PM Standards
Maturity Models
Awareness
Repeatable
Defined
Managed
Optimised
Next Generation Project
Management
Project performance – getting better?
Challenging the
dominant paradigm
Standard Methodology & Frameworks
Project Typology
Enabling Technology
What next?
Agenda
How projects differ, and what to do about it?
Project Managers
Type 2 Projects
Product Development
Going on a Quest
Type 4 Projects
Research/Change
Lost in the Fog
Type 3 Projects
Systems Development
Making a Movie
Type 1 Projects
Engineering
Paint by Numbers
Methods Well-‐Defined
GoalsWell-‐Defined
Goals/Methods Matrix
(Turner & Cochrane, 1993)
No
Yes
Yes
No
Shenhar & Dvir (2011)
Business
Behavioral
Level 1 Level 2 Level 3 Level 4 Level 5
Project Management Capability Maturity Model Scale
Requ
ired Co
mpe
tencies
Project Management Expertise
PM Specialist Competencies
Next Generation Project
Management
Project performance – getting better?
Challenging the
dominant paradigm
Standard Methodology & Frameworks
Project Typology
Enabling Technology
What next?
Agenda
Enabling Technology
• Basic templates• Shared environments and workflows• Access anywhere• Sharing information and knowledge• Enterprise project portfolio management
by Central Solutions http://www.central-‐solutions.com
by Central Solutions http://www.central-‐solutions.com
Next Generation Project
Management
Project performance – getting better?
Challenging the
dominant paradigm
Standard Methodology & Frameworks
Project Typology
Enabling Technology
What next?
Agenda
What next?
• Personal and career development
Performance Improvement
• PM Maturity• Managing global projects & programmes• Driving value through projects & programmes• Managing portfolios – realising benefits• Knowledge transfer -‐ mentoring
Questions?
References• Winter, M., et al. (2006). "Directions for future research in project management: The main findings of a UK
government-‐funded research network." International Journal of Project Management 24(8): 638-‐649 • Flyvberg, Bruzelius, Rothengatter, (2003), Mega Projects and Risk, Cambridge University Press• Winter, M. and T. Szczepanek (2008). "Projects and programmes as value creation processes: A new perspective
and some practical implications." International Journal of Project Management 26(1): 95-‐103.• Shenhar & Dvir (2011), How projects differ and what to do about them, Wiley Guide to Project Program &
Portfolio Management, Ch 8, p177-‐198, ed Morris & Pinto, Wiley UK.• Thiry, M. (2002). “Combining value and project management into an effective programme management model.”
International Journal of Project Management 20(2): 221-‐227.• PMI (2016), The high cost of low performance how will you improve business results, Pulse of the Profession 2016,
Project Management Institute Inc., PA US [http://www.pmi.org/learning/thought-‐leadership/pulse/pulse-‐of-‐the-‐profession-‐2016] accessed 23rd Oct 2016
• Turner, J.R. (2009), Projects and their management, in Gower Handbook of Project Management, Ch2 p19-‐34, edTurner, Gower UK
• Turner, J. R. and R. A. Cochrane (1993). "Goals-‐and-‐methods matrix: coping with projects with ill defined goals and/or methods of achieving them." International Journal of Project Management 11(2): 93-‐102.
• Levin (2014). Key competencies for success in navigating complexity, Project Management Institute [https://www.pmi.org/~/media/PDF/learning/project-‐complexity/Key_Competencies_wp_v2.ashx] accessed 19th April 2016
• PWC Programme and Portfolio Management Survey 2014 [http://www.pwc.com/gx/en/services/advisory/consulting/portfolio-‐programme-‐management/global-‐ppm-‐survey-‐2014.html] accessed 19th April 2016