Reference sheet for project professionals

Management Consulting with a Social Conscience TM

Project Management

Project Management Office

Program Management

Business & IT Transformation

Process Improvement

IT Product Evaluation

Project Auditing, Rescue & Turnaround

TRANSFORMING I D E A S I N T O

REALITY

466 Pompton Ave. Suite 4, Cedar Grove, NJ 07009 ● www.pmoadvisory.com ● advisor@pmoadvisory.com ● 201 –688-0680

© PMO Advisory LLC

Comprehensive PMO Capability Map

Classical Triple (3) Constraint

Beyond Triple Constraint

Key Project Manager Roles

Focus on the vital few

Businesses have many distractions, especially when organizations are undergoing change while managing their daily operations. Therefore, the need to focus on the vitally few projects becomes paramount.

Determine "what is good enough" for the rest

We all desire to achieve excellence, but the price of excellence is often high - sometimes very high. Be practical, be real, and decide "what is good enough". In most business endeavors, achieving "good enough" on time is far more important than attaining "greatness" that misses the optimal window of opportunity. Make trade-off decisions early and quick. There is always a next phase.

Establish good metrics and reward system

Critically challenge the current metrics and make sure they measure the desired outcome. Then align the reward system with these metrics. You will get what you measure.

Create an easy to understand scoreboard

People need to see how they are doing, and there is no better motivator than making real progress on achieving challenging goals. Therefore, all leaders need an easy to understand dashboard that requires no more than 30 seconds for the followers to check on their progress. The dashboard must be timely, relevant, and poignant.

Develop a culture of accountability

Make sure commitments are taken seriously. This way, the organization can start to build a culture of consequences that is so fundamental to execution excellence.

What is my definition of success?

This first question establishes direction. Success should have multiple dimensions: career, academic, financial, relationship, interests, hobbies, etc.

What am I willing “to do” or “not to do” to achieve success?

This is a question of trade-off. We all have limited resources (money, time, energy, etc.). Thus, it is important to establish what you are NOT WILLING to do.

Is my success a journey or a destination (or a bit of both)?

Success can be an end goal (destination). It can also be the joy of achieving that success (journey), or a blend of both (such as completing an MBA program. As it is both a learning experience and realizing an important achievement).

How do I know when I am successful?

What are the metrics (qualitative or quantitative) that you use to measure success? This is especially important when success is not measured in physical terms but evaluated in sentiment (feel good factors).

4 Questions for Highly Successful People

©2013 PMO Advisory LLC. All rights reserved.

5 Rules of Business Execution

Management Consulting with a Social Conscience TM