Home | Join PMI | Get Certified | Calendar | Contact Us | Advanced Search | Help
My PMI Who We Are Career Development Get Involved Resources Business Solutions Marketplace

ROI: September 2008 Archives

Keep the Value Coming

| | Comments (0) | TrackBacks (0)
In this age of hyper attention on ROI, it's no surprise organizations are worried about sustaining value--or not sustaining it, I suppose, in the case of some organizations. According to the preliminary results of PMI's Researching the Value of Project Management, organizations that stop focusing on the value of project management can, in fact, destroy any value they ever had.
    Seems simple, right? To remain competitive, continuous improvement is necessary. Look through job descriptions related to project management and you almost always see the words "continuous improvement" in the list of duties.
    But continuous improvement doesn't just happen. Project managers get in ruts. And it's easy to just do things the way they've always been done. It takes a leader to keep things moving--and to ensure project management continues to support the organization's strategic direction.
    Because with the loss of value comes expanded scopes, extended schedules and exploding budgets. And nobody wants that.

Everyday Value

| | Comments (1) | TrackBacks (0)
I've been covering project management for nearly three years now. I've learned many things about scope creep and schedules and budgets. I know intimate details of some of the world's most extravagant projects (usually in Dubai, United Arab Emirates) as well as some of more mundane ones--both types equally important to their stakeholders, of course.

What I've also come to learn is the ways project management can be implemented into everyday life. Whether it's planning a party or publishing a magazine, life sure can be made easier with a project plan.

Here at PM Network, our project manager has the title of managing editor. He builds and monitors the schedules, prioritizes work and makes sure all members of the team are communicating any problems that may delay our final delivery. It's a role that takes patience, for sure, because in the world of publishing something inevitably always comes up.

You don't always have to have the title "project manager" to use project management to deliver value.

The New ROI, continued ...

| | Comments (0) | TrackBacks (0)
Roger Chou, Kaohsiung City, Taiwan-based CEO of Advanced Business Consulting, a PMI Registered Education Provider (R.E.P.), recently weighed in on project ROI and the project manager role in strategic direction:

"If executives want project managers to think about the organization's strategic direction, the best way is to include them in the discussion of long-term strategy planning and in the relevant processes that help form a consensus. Constant discussion between executives and project managers on how to achieve the organization's long-term objectives allows project managers to propose feasible solutions, projects or programs that addresses, and is beneficial to, the organization's strategic direction, forming a top-down mutual understanding."

About Bloggers

Keep checking back because the voices for this blog will continue to grow and change to represent a variety of regions, industries and opinions.

Read blogger profiles

Interested in becoming a blogger?

Related Links

Recent Comments

About This Blog

Voices of Project Management is the place for all things project management—covering sustainability, talent management, ROI, programs and portfolios and all points in between. The goal is to spark a discussion. So, if you read something that you agree with, want more information on or even disagree with leave a comment.