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Project Management is the key to turning your
strategy into tangible results. It is not magic, nor is it difficult. It
is a set of tools and behaviors used in all professions to get a
specific job done on time, on budget, and as expected.
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The Key Elements are:
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Problem Definition, Goal Deliberation and
Charter
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Scope, Risks and Assumptions
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The Project Plan, Work Breakdown Structure,
Critical Path and Interdependencies
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Resources—People, Money and Stuff
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The Timeline
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The Budget
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Making and Tracking Progress
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Measures—In process, Quality, and Outcome
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Reporting
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Portfolio Management is managing a set of
projects to ensure overall risk is minimized and that resources are
applied appropriately across the set of projects.
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In the end, Project and Portfolio Management
are all about the people: Leadership and Accountability are keys to
successful projects.
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Projects that are aligned with your
organization’s goals and strategy are the ones that should take top
priority.
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Learning from your projects speeds up future
projects and uses scarce resources wisely.
