Driving Strategic Projects in Challenging Times
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This document contains a series of slides on various topics related to business processes and project management. It discusses boom and bust cycles, implementing capital projects during recessions, identifying investment grade projects, quantifying risks, engaging stakeholders, and different interpretations of agile project management. The overall message is that businesses should identify high impact projects, quantify risks and benefits, and engage stakeholders to maximize chances of success.
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Driving Strategic Projects in Challenging Times
- 1. © 2009 PSC Group, LLC!
- 2. Frank Mesner ! !! My first job! !! In a recession! !! Layoffs! !! Implementing large capital projects! !! Capital spending freeze! !! What I learned from Frank…! © 2009 PSC Group, LLC!
- 3. Boom & Bust Cycles ! © 2009 PSC Group, LLC!
- 4. © 2009 PSC Group, LLC!
- 5. Process Based Projects ! © 2009 PSC Group, LLC!
- 6. Process Based Projects ! If you meet these criteria you have an! INVESTMENT GRADE PROJECT! © 2009 PSC Group, LLC!
- 7. Seems Logical…" but it’s just not that easy ! © 2009 PSC Group, LLC!
- 8. Improving" Business Processes ! © 2009 PSC Group, LLC!
- 9. © 2009 PSC Group, LLC!
- 10. Invest NOW – reap rewards later! © 2009 PSC Group, LLC!
- 11. Fuel Economy ! !! Recently Rented a Car! !! Had Real-Time Fuel Economy! !! How do you Maximize your Fuel Economy?! © 2009 PSC Group, LLC!
- 12. Fuel Economy ! !! Recently Rented a Car! !! Had Real-Time Fuel Economy! !! How do you Maximize your Fuel Economy?! It is important to build up! MOMENTUM! when going downhill! © 2009 PSC Group, LLC!
- 13. © 2009 PSC Group, LLC!
- 14. © 2009 PSC Group, LLC!
- 15. Separate Business Analysis! from Project Execution!! © 2009 PSC Group, LLC!
- 16. © 2009 PSC Group, LLC!
- 17. Is accomplished! by providing! Information and removing mystery! © 2009 PSC Group, LLC!
- 18. Quantify the Risk ! © 2009 PSC Group, LLC!
- 19. Mitigate This! ! 10! No defined objectives for a win! Identify 10! No supportive business sponsor! Investment 5! Limited impact to line of business! Grade projects 5! Requires cultural change for adoption! with decent 5! Duration > stability of business process! scores and have an open 2! Can not quantify success! dialogue with 2! Unrealistic expectations anywhere! the business! 2! No time/budget for POC or discovery! © 2009 PSC Group, LLC!
- 20. © 2009 PSC Group, LLC!
- 21. We want a Happy CFO! © 2009 PSC Group, LLC!
- 22. © 2009 PSC Group, LLC!
- 23. Who does this? ! © 2009 PSC Group, LLC!
- 24. © 2009 PSC Group, LLC!
- 25. Earn Respect to Engage ! © 2009 PSC Group, LLC!
- 26. © 2009 PSC Group, LLC!
- 27. What is ‘my’ Agile? ! !! Useful, working output (code)! !! Iterative, rapid application development! !! Business involvement! !! Realistic incorporation of late changes! !! Old-school teamwork & collaboration! !! An investment mentality/dialogue! !! Simplicity! © 2009 PSC Group, LLC!
- 28. What is ‘my’ Agile? ! !! Useful, working output (code)! !! Iterative, rapid application development! !! Business involvement! There are many interpretations.! !! Realistic incorporation of late changes! In some forms it is junk.! !! Old-school teamwork & collaboration! Remain PRACTICAL!! !! An investment mentality/dialogue! !! Simplicity! © 2009 PSC Group, LLC!
- 29. © 2009 PSC Group, LLC!
- 30. Key Take Aways ! © 2009 PSC Group, LLC!
- 31. © 2009 PSC Group, LLC!