|
COVER
STORY
Executing
Strategy through Projects - The Role of the Strategic Project
Office
-- Paula K Martin
It
is the project system that translates strategic goals into
individual project results. This article explains the role
that a strategic project office plays in supporting a project
system: Administering the project-steering process (portfolio
and resource management), selecting and maintaining a project
management methodology, coaching and mentoring project sponsors
and project leaders, and administering the project reporting
system.
© 2004, Renaissance Educational Services, Inc. All Rights
Reserved.
COVER
STORY
The
Strategic Project Office: Roles and Responsibilities
-- Mark Mullaly
The
concept of a 'strategic project office' is one that not many
are familiar with. While project offices exist in many organizations
today, they are typically confined to a single business unit
and rarely have a strategic role. This article discusses the
role of the strategic project office and the criteria required
for a project office to be considered truly 'strategic'.
© IUP. All Rights Reserved
COVER
STORY
Creating
the Project Office: a Management Guide to Optimizing Results
-- Randall L Englund
Projects
exist to create unique results, and organizations are vitally
dependent on creating value. Optimizing results to achieve
the greatest value needs to be the goal of any project-based
organization. It does not happen by wishful thinking or accident
but takes a concerted effort. A project office is in an ideal
location to lead this effort. However, many project office
implementations fail to meet minimal expectations and they
disappoint a variety of stakeholders. A growing body of knowledge
suggests there are better ways to approach the concept of
a project office.
© IUP. All Rights Reserved
COVER
STORY
The
Strategic Project Office: Myth or Miracle?
-- Mark Mullaly
The
concept of a 'strategic project office' is one that not many
are familiar with. While project offices exist in many organizations
today, they are typically confined to a single business unit
and rarely have a strategic role. This article discusses the
role of the strategic project office and the criteria required
for a project office to be considered truly 'strategic'.
© IUP. All Rights Reserved
COVER
STORY
Strategic
Project Office - Strategic Orientation
-- Y Chandrasekhar
Organizations
take new initiatives to satisfy the expectations of the key
stakeholders. However, there is usually a missing link between
the initiative and the corporate strategy. Integrating the
project objectives with the corporate strategy and managing
them collectively is increasingly becoming imperative for
the organizations to succeed and reduce the failure rates.
© IUP. All Rights Reserved
ENTERPRISE
PROJECT MANAGEMENT
An
Approach to Portfolio Management and Project Initiation
-- WS Bates
The
explosion of new technology product development opportunities,
new IT systems development and a multitude of business opportunities
has driven business to seek better ways of determining and
selecting opportunities that will provide the best Returns
on Investment, customer positioning and impact on operations.
One of the most prominent approaches to come up is portfolio
management. Most portfolios have projects associated with
them. Methods and processes for project initiation, selection
and project management are critical to the success of business
portfolio management.
© Bates Project Management Inc. 2002. All Rights Reserved.
TECHNOLOGY
PROJECTS
Iterative
development requires a different perspective
-- Per Kroll
A
Rational Unified Process (RUP) expert examines the evolutionary
changes in responsibilities and perspectives required of software
development project members and clients in making a successful
switch from a traditional, waterfall approach to an iterative
approach.
© IBM Corporation 2004. First published in The Rational Edge,
March 2004. Reprinted with permission.
PROJECT
RISK MANAGEMENT
Managing
Risks prudently
-- Muralidhar Katari
The
business environment has become more unpredictable and profit
margins have drastically come down. Organizations now need
to manage their risks more effectively to sustain in this
competitive environment. It will be helpful for them to take
proactive steps to avoid problems. The author describes five
steps of risk management process. They are risk identification,
risk analysis, risk prioritization, risk planning and risk
monitoring.
© IUP. All Rights Reserved
|
