This document discusses the importance of effective project sponsorship. It notes that research shows sponsors are often not properly trained or supportive of projects, and active sponsorship can significantly impact project success rates and costs. The document advocates for bridging the gap between what sponsors should be doing according to best practices and what they currently do. It encourages groups to generate ideas for improving sponsorship and lists suggestions such as training, coaching sponsors, and linking payments to milestone completion.
3. 15/07/2015
1 January,Proms G Presentation 2015 3
www.projectagency.co.uk
From APM Webinar – accelerated delivery &
performance http://bit.ly/1ALPPhQ
GlaxoSmithKline
13
www.projectagency.co.uk
Success will come if you obtain:
Executive Management
Support:
‘The most important
person in the project is
the executive
sponsor….. is
ultimately responsible
for the success and
failure of the project’
14
www.projectagency.co.uk
From: PMI Executive Guide 2012
15
www.projectagency.co.uk
Wasted time, wasted money?
16
PMI Pulse of Profession 2013
There was a +29% variance with good sponsorship in place
but when there wasn’t good project sponsorship there was a
‐13% variance of ‘Project Failure’ that is there was a
13% more likely chance of the project not delivering what was
expected
www.projectagency.co.uk
£100m portfolio
17
New cost: with poor project sponsorship ‐ £113m
New cost: with active project sponsorship ‐ £71m
http://bit.ly/1M5wZwx
www.projectagency.co.uk
The 9 sponsor ‘types’ + 1!
1. The absent sponsor
2. The busy sponsor
3. The uninterested sponsor
4. The inexperienced sponsor
5. The sponsor who wants to be the project manager
6. The sponsor who gets involved too late
7. The untrained sponsor
8. The sponsor who is part of a committee of sponsors
9. The saboteur or just plain bad sponsor
+ 1: The effective project sponsor
18
4. 15/07/2015
1 January,Proms G Presentation 2015 4
www.projectagency.co.uk
Question…..
19
Is your company missing an opportunity to be
more effective & impact the bottom line?
www.projectagency.co.uk
Summary
• Statistics make grim reading
• Sponsor is a key role in project management
• Many sponsors are:
not trained
not effective
• Active projects sponsorship makes a big difference –
(bottom line difference)
20
www.projectagency.co.uk
…trying to deliver a project without a sponsor is like playing football
without a:
rule book
a coach
any funds for new players or even
a referee
If trying to manage a project without project management is
like trying to play football without a game plan….
21
www.projectagency.co.uk
What should the sponsor be doing?
http://bit.ly/1M8a8Ac
How was it developed?
22
• Researched what sponsor
supposed to do – NEW!
• Experience
• Stories sent to us (20‐1)
• Spoke to sponsors
• Looked at ‘JD’s’
• Field test
www.projectagency.co.uk
Checklist for project sponsors
• Provides direction &
guidance
• Works to support/dev
charter
• Identifies and quantifies
business benefits
• Makes go/no go decisions
• Evaluates success on
completion
• Negotiates funding
• Actively paticipates in
planning
• Reviews, approves changes
to plans
• Identifies steering grp
members
• Gains agreement of
stakeholders when
differences occur
23
www.projectagency.co.uk
Checklist continued
• Assists project when
required
• Helps resolve inter
boundary issues
• Supports PM in conflict
resolution
• Advises PM on
protocols, political
issues
• Makes project visible in
company
• Encourages stakeholder
involvement
• Chief risk taker
24
???
???