| Discover how best-practice organizations implement successful project management practices through driving consistency in approach and expertise, building project portfolios, and measuring project delivery and end results in Project Management.
KEY FINDINGS
Driving Consistency in Project Management Approach and Expertise
- Successful project management organizations not only have a methodology, but
also ensure that the methodology is adopted and made operational at all levels of
the organization.
- The use of collaborative tools facilitates project delivery, communication, and
accountability.
- Continuous refinement of project management processes improves future
results. Effective project management organizations conduct frequent, thorough
reviews.
- Full-time project managers help drive success.
- Project management is a core competency, rather than a sideline activity, at
successful project management organizations.
Building Project Port folios
- Among best-practice organizations, strategic alignment outweighs all other factors
in project prioritization.
- Use of company-specific methods to rank project portfolios addresses unique
needs.
- Using effective preliminary project analysis boosts strategic alignment.
- Customer satisfaction is a key stand-alone measure, rather than a byproduct of
on-time or on-budget performance.
Measuring Project Delivery and End Results
- Best-practice organizations ensure the integrity, consistency, and comparability
of data reported in their project status reviews. They do not assess project
performance in a static fashion, but instead continually re-evaluate the usefulness
of their review measures.
- Best-practice organizations use simple project scorecards and dashboards to
provide fast, comparable metrics for status reporting.
- Among best-practice organizations, project managers are given authority
commensurate with their accountability for project results.
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