Project Management Framework
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Transcript of Project Management Framework
Project Management Framework
What Do You Mean ‘Framework’? I am sure you have heard some of the following terms:
PMI, Agile, Prince2, TenStep, Waterfall, SDLC
While different, they all share the concept of a Framework A step-by-step, organized approach to project management Each has been developed over time, best practices
All are repeatable ‘shells’ of a project approach (details/processes differ)
The following is the definition of ‘Framework ’ a skeletal structure designed to support or enclose something. a frame or structure composed of parts fitted and joined together.
Why Bother With A Framework?
It provides a set of scalable best practices for your PMs
Enables standardized project delivery across functions Reduces wasted cycles needed to analyze, decide, and train Corporate understanding, business unit/initiative enhanced Sets expectations & builds trust throughout your organization
A standard approach allows for streamlined continuous improvement Best practices maximize resource utilization & increases odds of success Lessons learned from individual projects can enhance overall approach
Documents, templates, & tools are easily propogated & adopted across the organization
Project Management Framework Phases PMF leverages a series of ‘stage gate’ approvals for several reasons:
Breaks large initiatives into smaller, more manageable pieces Ensures executive engagement & approval at key points in the project Enables project cancellation earlier in the process, reducing risk/waste
Initiation Planning Execution Closure
PMF Phases - Initiation Identify the customer need or opportunity the project will solve for Invesitigate and identify/rule-out alternative solutions Develop & present the business case supporting the initiative Analyze the internal/external impacts & dependencies
Does it fit into the corporate strategy? Another project this one relies on or vice versa External pushes/pulls – government regulations, industry trends, etc
Develop a high-level concept of the project goals When does it need to be completed (i.e. – 2Q of FY09/10) What are the key requirements/deliverables Identify key milestones, measurements for success, & assumptions
Gain Executive Approval and move on to Planning
PMF Phases - Planning It is crucial to get a detailed, agreed upon, final set of requirements
Not being thorough at this point is gauranteed to cause problems later There are multiple techniques to interviewing and gathering req’s
Develop a WBS and the project schedule Duration estimates are crucial as well, work closely with you team There are a number of tools for the project schedule (i.e. – MS Project)
Develop the budget for approval Duration estimates are crucial for this Think about people, equipment, travel, development, licenses, etc Work closely with your teams and vendors on this, do not rush it
Identify your risks, prioritize them and develop mitigation plans Understand what the triggers are, how to reduce the likelihood
Develop & distribute a communications plan How will you communicate…email, meetings, project dashboard? Who will get what information and when?
PMF Phases - Executing Develop
Execute according to the plan Build, code, write, etc your deliverables
Monitor & Control Track & report on the progress
Building relationship with your team will allow for honest feedback How is the actual progress lining up with the proposed plan?
Manage Change If it isn’t in the Scope Document or WBS, it is a change Don’t say no…analyze the impact on your triple constraints (nowadays it is
more of a hexagonal constraint) If approved…assign owner, build into plan, and start tracking
Validate Qaulity & Readiness You are the PM, make sure the deliverbales meet customer expectations
PMF Phases - Closure Complete a Project Close-Out Report
List the requirement, final spend, final date Gain signature of acceptance from your customer and/or sponsor
Gain final acceptance from the Executive Team Host a Lessons Learned with the stakeholders
What worked welland what need improvements? Did the PMF provide value and what was waste? Etc.
Conduct a survey with your team Great opportunity for anonymous feedback, great for personal growth
Archive the Project Artifacts Let others learn from your experience Another similar project can leverage your durations, resource plan, etc
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