Project Management
Project Management
Part 7: Being BRAVE: Summary
Last Updated on Friday, 02 December 2011 16:24 Written by Jim Johnson Monday, 14 November 2011 08:16
In summary, the definition of brave is to meet or face courageously. Our BRAVE approach is to meet or face projects courageously and decisively. Balance is having the right amount of process and procedures in place for your organization. In addition, you need to look at ways you can manage their project portfolio by balancing return of investment, risk and organizational goals to maximize customer satisfaction. Responsibility is having a skilled and competent executive sponsor that has and will take the time to be accountable for the success and failure of the project. It is also having our stakeholder and team members take responsibility. Agility is being flexible to meet the changing business demand and user requirements. Velocity is delivering product in a timely and constant manner. Execution is being able to get things done. Being brave promotes the five components of BRAVE: balance, responsibility, agility, velocity and execution.
Let us show you how you can optimize your projects and increase your return on investment while reducing risk.
http://blog.standishgroup.com/optimix
Part 6: Being BRAVE: Execution
Last Updated on Friday, 02 December 2011 16:23 Written by Jim Johnson Friday, 11 November 2011 08:14
Execution: is getting things done. Execution is using leadership skills and project management experience to create a positive outcome. Execution combines the financial management guidance with a formal methodology. Execution is simply getting the job done with the least possible resources in the shortest amount of time. Each of the many processes that a project management organization could adapt will be measured against the need and benefit to successfully delivering projects. Execution is the successful deployment of technology with problem statements, requirements documents, and project plans. Execution is the act of carrying into effect or to completion a project based on a plan. Our approach is execution must promote the other four components of BRAVE: balance, responsibility, agility, and velocity.
Let us show you how you can optimize your projects and increase your return on investment while reducing risk.
http://blog.standishgroup.com/optimix
Part 5: Being BRAVE: Velocity
Last Updated on Friday, 02 December 2011 16:23 Written by Jim Johnson Thursday, 10 November 2011 08:12
Velocity: is another foundation of the Standish project management approach. One of our longstanding quotes is “Time is enemy of all projects.” Every process and procedure must aid in the rapid delivery of customer requirements. A process of velocity is establishing value and risk. Higher value should be move forward. However, risk items should be considered as not to block progress. Velocity includes installing a decision pipeline, rules for client meetings and progress measurements. Any process or procedure that delays progress should be eliminated. Here again, the project management methodology should support the organization’s ability to quickly delivery the product to the customer. Our approach is you need to velocity that promotes the other four components of BRAVE: balance, responsibility, agility, and execution.
Let us show you how you can optimize your projects and increase your return on investment while reducing risk.
http://blog.standishgroup.com/optimix
Part 4: Being BRAVE: Agility
Last Updated on Friday, 02 December 2011 16:22 Written by Jim Johnson Wednesday, 09 November 2011 08:11
Agility: is the cornerstone of the Standish project management approach. Each process and procedure whether it be change management, peer reviews or risk management must focus on making sure that the organization has the ability to meet customer demands in both a timely and quality manner. Our project management philosophy supports the organization in adopting an execution methodology that fits into project types and ecosystems. The project management methodology should support the organization’s ability to adapt to changes in customer requirements and outside influences. Any process or procedure that undermines this function should be eliminated. However, it is necessary to come up with alternative processes that allow for maximum flexibility while providing both compliance and governance. Our approach is you need to have agility built in that promotes the other four components of BRAVE: balance, responsibility, velocity and execution.
Let us show you how you can optimize your projects and increase your return on investment while reducing risk.
http://blog.standishgroup.com/optimix
Part 3: Being BRAVE: Responsibility
Last Updated on Tuesday, 15 November 2011 10:22 Written by Jim Johnson Tuesday, 08 November 2011 08:07
Responsibility: are having people be accountable for the success or failure of the project or program. Responsibility starts with the executive sponsor. Like a ship’s captain, the executive needs to be fully responsible for the success or failure of the project. This means that the executive sponsor must have the skills, time and experience at the right level of driving the project to a successful resolution. It is also important that the executive sponsor understand the roles and responsibilities of other stakeholder and participants to motivate them to perform. Our approach is you need to have a skilled and responsible executive sponsors that promotes the other four components of BRAVE: balance, agility, velocity and execution.