PROJECT MANAGEMENT METHODOLOGY: WHAT IS IT? WHAT ARE THE BENEFITS?

A project management methodology (PMM) provides an overall structure, a set of procedures and a process flow for managing projects. A high performing PMM will include a culmination of best practices and industry standards relied upon by projects to direct successful outcomes. A holistic PMM should take into account siloed areas of the business by bringing them into alignment with the rest of the organization so that deliverables and outcomes are standardized, predictable and measurable regardless of the type, size, or classification of the project.   An inclusive PMM is not subject to the adherence of one department; it is broad, providing a framework of processes that are cross-functional for developing robust plans and strong solutions required for the execution of consistent and reliable project management between and across multiple areas of the business.   

A standardized PMM is an organizational process for how projects in every department should be aligned to the strategic goals and objectives of the business. The flexible PMM considers the integration of interrelated methodologies that are aligned to specific departments, which require their own industry-defined steps for managing projects (i.e. technology, accounting, marketing). Accordingly, a PMM is a guardrail for business initiatives where a custom approach may be required to adopt the entire methodology or specific parts of the process in order to be successful. The measurable PMM should be updated periodically by practitioners who are knowledgeable about the needs of the business and experienced in the field of project management.  

A best-practices PMM includes all 4 major phases of a typical project (i.e. Initiation, Planning, Execution, Closing). To support the overall execution of the process, executive oversight should be established to monitor and control expectations. Executive oversight committees, such as change control boards, risk committees and prioritization groups provide visibility and insight from business leaders who are vital to achieving the goals of each project.   The primary goal for a PMM is to ensure that the objectives of each project are aligned to the people, processes and technology that support the strategic purpose of the business.  

A well-defined PMM establishes standardized processes, tools, and templates that provide consistency and reliability in the execution of projects. Consistent project execution reduces risk and increases the probability of successful delivery of high-quality products and services along with improving overall customer satisfaction.  Additionally, the PMM is designed to properly engage all stakeholders to accommodate individual business needs ensuring broad collaboration and consideration of organizational assets and environmental constraints. 

To learn more about Project Management Methodology and how iSeek Solutions can help your business manage its next project, contact us today; subscribe to our blog and stay tuned for future insights. 

IIBA “Magic City BADD” Speakers Include iSeek Team Member, Michael Dale

 

 

CLICK HERE TO REGISTER

*All information and copy from the International Institute of Business Analysis™ (IIBA®) Birmingham Chapter Website.

IIBA Birmingham Chapter July Chapter Series Features iSeek Team Member, Robyn White

Engaging Stakeholders During Elicitation

Robyn White, PMP, IIBA Board Member

Although the BABOK guide recommends a number of techniques for engaging stakeholders when eliciting requirements, many Business Analysts continue to engage ‘the same ol’ way’.  During this session, we will assess techniques that may inspire us to move beyond our comfort zones and elicit requirements that bring greater business value to our organizations.

Robyn White, PMP, is a Solutions Consultant with iSeek Solutions.  As a management consultant, she partners with iSeek clients to provide Business Analysis, Business Process Analysis, and Project Management expertise.  Previously, Robyn worked for 20+ years at Compass Bank (now BBVA Compass) in the areas of Investments, Compliance, Training and Development, and Information Technology.

Please Register to assist with our lunch planning.
Members and First Time Guests ~ Free
Returning Guests $10
**I understand that the Chapter will use my personal information to manage this registration and to keep a record of attendees and I consent to its use for these purposes.

Please note that this website is managed by IIBA Birmingham Chapter. The content of this website is solely the responsibility of IIBA and the IIBA Birmingham Chapter.

Event Details:
We will meet at CGI and encourage you to join us for networking opportunities. If you are more than 15 miles from the venue, please contact us: board@birmingham.iiba.org to request remote access, when available.
Event Location:
CGI ~~ Guardian Center Conference Room ~~ 300 Riverchase Pkwy E, Birmingham, AL 35244

Peeling Back the Layers

A performance assessment peels back the layers of your business uncovering issues that expose inefficiencies.  Inefficiencies mask themselves in various ways, such as unnecessary spending, unrealized revenue, costly and ineffective processes, disparate business and technology infrastructure, and the list goes on.

To locate areas in your business that impede progress and conceal opportunities, you must first identify and prioritize your internal challenges and goals.

Ask yourself, are your operations and core business functions performing at an exceptional service level?

If your answer is not a resounding ‘Yes!’, your business needs a performance assessment. The assessment will analyze the processes and practices you have in place, their core purpose, level of effectiveness, efficiency, automation, and innovation. Then propose ways to reach the intended outcome that best fits your business needs.

According to Infoentreprenuers.org, reviewing your progress will be particularly useful if you feel:

  • uncertain about how well the business is performing
  • unsure if you’re getting the most out of the business or making the most of market opportunities
  • your business plan may be out of date, e.g. you haven’t updated it since you started trading
  • your business is moving in a direction different to the one you had planned
  • the business may be becoming unwieldy or unresponsive to market demands

It is also useful if you have decided that your company is ready to move on to another level.

In addition to improving operations and core business functions, a performance assessment could possibly save you thousands of dollars annually. The analysis gathered from the assessment will allow you to determine areas where you can potentially reduce costs and maximize revenues. The approach entails looking at your business’s spend categories such as, Telecommunications, Real Estate, Facilities and Maintenance, Office Supplies, IT (Hardware, Software, Services), etc.

A performance assessment highlights your best path for growing your business.

To learn more about the benefits of a Performance Assessment and how iSeek Solutions can help you develop intentional growth strategies for your businesscontact us today; subscribe to our blog and stay tuned for future insights.

Benefits of a Performance Assessment

Is your organization meeting its business goals? How do you know?

In any complex organization, there are innumerable ‘things’ that can be measured and studied. An effective assessment process focuses on those things that have the greatest impact on the way the organization functions.” Kathleen Immordino, Organizational Assessment and Improvement in the Public Sector.

 

Businesses and organizations, small and large, will need to evaluate their efficiency in order to improve overall performance and pinpoint strengths, weaknesses, opportunities, and threats.

To address the weaknesses and threats of a business or organization, one must first know the specifics – that’s when a performance assessment is essential. A performance assessment is a summative assessment tool that provides key insights when evaluating and pinpointing organizational needs, current standings, and areas of improvement. With the organization as the primary unit of analysis, performance assessments are important because they reflect how well an organization is doing to reach its vision, mission, and goals.

Some of the benefits of a performance assessment include:

  • Discovering Cost Saving Opportunities
  • Uncovering Revenue Potential
  • Increasing Operational Efficiency
  • Reducing Risk and Risk Exposure
  • Achieving Organizational Alignment
  • Realizing Vision, Mission, and Goals

 

Performance assessments also provide a basis for developing customized action plans to capitalize on strengths and opportunities, thereby improving overall business performances, functions, and capabilities.

To learn more about the benefits of a Performance Assessment and how iSeek Solutions can light your path to reaching its fullest potential, contact us today; subscribe to our blog and stay tuned for future insights.

 

Effective Communications Between Business and Technology

Recently, I served on a panel at an IT conference. The topic of the panel discussion was “Bridging the Communication Gap Between Business and Technology in the Workplace”. The panelists represented three distinct areas of the market. One panelist was VP of IT for a company in the construction industry. His IT staff is relatively small. The other panelist was SVP of Enterprise Data Services for a very large financial institution. She manages a large staff of 70+ people. Then there was me – the President of a “Boutique” Business Management Consulting firm, who works with clients of all sizes and in various industries. So as you see – the panel was very diverse, which allowed us to examine the issue from many points of view.

Of course, we covered the basics like business to technology collaboration in strategy & roadmap development, ensuring alignment and inclusion, and creating a comprehensive communication strategy. All of which the panel agreed are essential to “bridging the communication gap”.

Additionally, however, a lot of key points were made around the area of “seeking to understand”. What does that entail? Seeking to understand is simply asking questions, actively listening and clarifying answers to ensure a mutual understanding. These basic actions are referred to as “Elicitation” or “Soft” skills, which are traditionally associated with Analysts, but when it comes to successful communication, we’re all Analysts!

Let’s break this down further using a simple non-IT example, like building a new single-family housing community. Building the single-family housing community is the high-level strategic objective. Applicable parties [inclusion], collaborate to round out the strategic vision. Then the plans are communicated to participants of the project.

Let’s say you’re the architect on the project, and you’re working with a potential buyer of one of the homes to be built. Your objective is to “seek to understand” the potential buyers needs and desires for their new home. Through “elicitation”, you’ll ask the buyer a series of questions to help determine the type of house you’re architecting.

The first set of questions might include:

What style of home – Craftsman, Ranch, Bungalow, etc.?
Single- or multi-level?
How many bedrooms? Bathrooms?
Open floor plan?
Desired square footage?
Basement, crawl-space or slab?
Etc.
After a few interviews, you, the architect should have elicited enough information to draw-up an initial plan, which is presented back to the potential buyer to ensure mutual understanding of the buyers needs and desires for their new home. “Elicitation” is an iterative process that takes place at each phase of the project to continuously maintain a mutual understanding.

The concept is the same regardless of industry, and there are many “elicitation” techniques. We “seek to understand” to define the project scope, understand the genesis of a new request, or peel back the layers to determine the root cause of an issue. We then review our findings, our understanding, with the requestor (client/stakeholder/business partner) to ensure we’re aligned and in agreement on the success criteria.

For some, “elicitation” skills come naturally, and others find it outside their comfort zone. For those of us that fall in the latter category, you’ll be thrilled to know that these skills can be learned! This whole notion of “seeking to understand” using “elicitation” or “soft” skills is such a critical component in bridging the communication gap between business and IT, that companies like Bridging the Gap have developed an entire curriculum designed to teach us to find ways around obstacles that deal with political agendas, communication, collaboration and attitudes.

Whether you’re in IT or the Business, and regardless of your role, an Analyst, Architect, Product Owner or Developer, you too are responsible for building a relationship of trust with your colleagues, on both sides of the isle, and ensuring the message being communicated is mutually understood.

Seeking to Understand. iSeek is adept at using “Elicitation”, “Soft” skills and various other approaches to facilitate customer-focused solutions and bridging the communication gap between business and technology. To find out more about our tools and techniques, subscribe to our blog and stay tuned for future insights, or call or e-mail us today!

Business Collaboration: Embracing the Holistic Approach

Are you acting as a “trusted partner” by viewing your customer holistically?

Within your existing customer base, are you maximizing business opportunities?

In her book, Teaming: How Organizations Learn, Innovate, and Compete in the Knowledge Economy, Harvard Business School Professor Amy C. Edmondson says, “In today’s complex and volatile business environment, corporations and organizations also win or lose by creating wholes that are greater than the sum of their parts. Intense competition, rampant unpredictability, and a constant need for innovation are giving rise to even greater interdependence and thus demand even greater levels of collaboration and communication than ever before. Teaming is essential to an organization’s ability to respond to opportunities…”.

The phrase from Edmondson’s book that so clearly resonates with me is “corporations and organizations also win or lose by creating wholes that are greater than the sum of their parts…”

Most businesses specialize in certain spaces. Affording us the opportunity to perfect our craft and be leaders in that space. However, none of us are “all things to all clients”. Most of us, however, have former colleagues or reputable network acquaintances or service providers that also specialize in certain spaces, different than our own. A teaming agreement or partnership with a reputable colleague or small business entity broadens your reach, increases opportunities within your existing customer base and “creates wholes that are greater than the sum of your parts”.

Embrace the Holistic Approach. It’s a WIN-WIN-WIN proposition for you, your client and your colleague(s). iSeek has had very effective partnerships that broaden our reach, yet remain consistent with our guiding principal of customer-focused solutions. To find out more about our holistic approach, subscribe to our blog and stay tuned for future insights, or call or e-mail us today!

Strategic Envisioning: 4 Steps to Unlocking the Power of Imagination

Strategic envisioning. If the phrase sounds unfamiliar, you’re not alone. Many executives understand the need for a mission statement, but overlook the need for a strategic vision that unlocks the power of your team’s collective imagination.

Developing a Vision

In an article in Inc. magazine, columnist James Kerr asserts that developing visionary skills …”can improve your ability to anticipate and impact the future.” I couldn’t agree more. A well-crafted vision helps you imagine the future and forge an aspirational path for others to follow.

Ready to create a powerful vision? Here are a few guidelines to facilitate the process.

1) Think about alternative ways of doing things that could differentiate your company from others like it. Always ask yourself “Why not?” when new
ideas are presented. Now is the time to discard “this is the way we’ve always
done it” thinking!

2) Leverage ideas from your most creative people, even – or sometimes especially – if their ideas differ from yours. Disparate ideas based on similar values can combine to form the most impactful solutions.

3) Revisit your vision at regular intervals. Unlike the mission statement, which may stay the same for many years, envisioning is a process. A vision that evolves with the times is more resilient than one that stagnates.

4) Don’t attempt to measure the progress of your vision in numbers; evaluate it instead as you would a piece of art. A well-designed vision is a broad, creative look at the future of your company and its achievements – not a bullseye.

To gain additional perspective, I recommend the article mentioned above, as well as this article at fastcompany.com. To find out how iSeek can help, call or e-mail us today!

Why Hire an Interim Executive?

Business challenges, particularly those involving change, can cripple even the most successful enterprise. In an effort to make smart decisions, many CEOs and boards of directors grapple with how to navigate complex situations. One approach in particular is growing in popularity: hiring professional interim executives – often through management consulting firms – to bridge existing gaps in knowledge, skills, and leadership.

What Traits Should an Interim Executive Have?

While they vary widely in skills and abilities, the best interim executives have a few traits in common – they are dynamic and proven problem-solvers who get things done. Whether you’re experiencing a reorganization, an acquisition, or another pressing challenge, the ideal candidate has the skills, personality, and energy to help transform obstacles into opportunities.

Avoid This Common Mistake

A common mistake is to approach the interim executive search as a temp-to-hire situation. While it may work in some cases, an individual seeking a permanent position may have different priorities than a professional interim. Unlike executives hired for the long haul, the interim comes onboard to address an immediate but temporary need. In most cases, a decision has been made that requires leadership from an expert well versed in a particular area, such as change or crisis management.

So if someone has the required skills, what’s the difference? In our experience and others’, the professional interim may be less influenced by company politics, obsolete policies, and personal considerations that could affect his or her future in the organization. By definition, these experts expect and desire to share knowledge, transition leadership to another individual (or team), and basically “work themselves out of a job.” This introduces a degree of objectivity that could ultimately be the key to your success.

Can an interim executive help you through challenging times? Read this article in Fortune magazine for additional insights. To learn how iSeek can help your company overcome difficult challenges, call or e-mail us today!

Organizing for Success: 3 Reasons to “Get the Right People on the Bus”

Have you noticed how executives tend to set company direction and then try to mold existing employees to fit the required roles? Have you also noticed how often those companies need to reorganize? The reason is simple: they’re getting it backwards!

Think of your company as a bus and your highest executive as the driver. Using that analogy, leadership expert Jim Collins makes this observation: “Leaders of companies that go from good to great start not with “where” but with “who.” They start by getting the right people on the bus, the wrong people off the bus, and the right people in the right seats.”

So How Do I Begin?
When facing any business challenge, remember these simple truths before you map out a direction:

1) If the people on the bus came along because they like the stated destination, what happens when you need to change your plans? Will they resist the change and become unproductive? Invite people on the bus who simply want to work with the other great people aboard. That will contribute to a more pleasant and successful trip!
2) If the right people are on the bus, there’s no need for elaborate motivational schemes. The right people are self-motivated and expect to produce exceptional results.
3) If the wrong people are on the bus, nothing else you do matters. You might head in the right direction, but the success you seek will elude you. The right vision with the wrong people produces mediocre results, at best.

Want more information? I highly recommend Jim Collins’ informative video series. To find out how iSeek can help you organize for success, contact us today! If you like this blog post, please share and subscribe!