Presentation: Project failure is not an option: Making Projects Successful
Abstract: Project Failure is not an option: Making projects successful
Adapting and making the business goal
Are traditional metrics outdated?
As project failures continue, the question is what are we doing wrong? Have we skipped steps? Do we change our minds on what the project should be and call that agile?
How can we met business case objectives while still adapting to new information as the project evolves?
OKR’s, KPI’s – automation and AI on dashboards – after you get the buy-in from stakeholders on what they need to see as end results
When the goals change – what are the end results that matter?
Is it a software product that needs to deliver?
Is it revenue so we can hit our profit and loss goals?
Is it a building that will be occupied by a certain date?
In each case, we can adapt and still meet the goals, but it will take more definitive steps to adapt and measure.
An interesting study on software found many products are full of features that customers rarely use. In a study of 100 customer software applications the study found that two-thirds of the product features were rarely if ever used. We may be spending time building features that can take resources that customers don’t find a value in, and prolong our process in delivering a usable product.
Takeaways: as some suggest we are moving away from Agile and a fixed budget, and to concentrate on just output – how we ensure we use our resources for the best results?
Traditional project management is not dead, but it can be more flexible. How can you blend methologies for the best approach for your project?
What does a good metric look like? It can depend on who is viewing, but shouldn’t we have all the details and parse out different views for different audiences?
PMI Talent Triangle: Business Acumen
Biography: Frank Murphy is a Certified Coach (ACC) who works as a Program Manager for Marketing Technology for a Fortune 100. He retired as a CMSgt after 30 years in the U.S. Air Force. During his career he traveled to the seven continents, numerous countries, and was a key part of most military operations that needed airlift.
Frank is an accomplished results-driven Operations Leader and Project Manager with extensive experience in leading large teams and driving successful operations across domestic and international environments. He has a proven ability to streamline processes, develop multi-year fiscal strategies, and manage risks while meeting stakeholder requirements.
Frank’s coaching expertise is supported by a background developed in the military and honed after service with expertise in employee engagement, team coaching and other disciplines. He has certifications in PMP, ACC, FAC P/PM, COR, and Change Management to support his clients.
Frank is a strategic thinker who has demonstrated successes in the military, federal government, and private sector, both as a business owner, and key contributor. Frank completed a DBA in Management with a dissertation that focused on remote working and employee engagement, currently teaches business strategy and project management, and is a lifelong learner. Frank lives in the Hill Country near San Antonio where he raises chickens, rabbits, and bees – and loves the area.
