6 key drivers of successful project management

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SIX KEY DRIVERS OF SUCCESSFUL PROJECT MANAGEMENT

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S I X K E Y D R I V E R S O F

S U C C E S S F U L P R O J E C T M A N A G E M E N T

S I X K E Y D R I V E R S O F S U C C E S S F U L P R O J E C T M A N A G E M E N TS I X K E Y D R I V E R S O F S U C C E S S F U L P R O J E C T M A N A G E M E N T

1 S T R O N G L E A D E R S H I PThe key to navigating the variables and tribulations of project management.

Every project has a variety of moving parts; objectives to achieve, people to manage, budgets to mind and more.

With strong leadership in place for your project management needs, these parts move smoothly and goals are

achieved.

S I X K E Y D R I V E R S O F S U C C E S S F U L P R O J E C T M A N A G E M E N T

2 O R G A N I Z A T I O N A L M A T U R I T YFirms at higher levels of PPM maturity see a greater ROI.

When staffing for a project, its not enough to simply fill the office with PMP certified project managers.

Certification is great, but a proven record of success is even more vital.

S I X K E Y D R I V E R S O F S U C C E S S F U L P R O J E C T M A N A G E M E N T

3B U S I N E S S - D R I V E N A P P R O A C HAligning portfolios with business priorities creates a competitive advantage.

Management is constantly pressured to meet or exceed lofty performance goals. In order to succeed,

executives are willing to fund initiatives that grow revenue, grow market share, reduce cost, meet

regulatory requirements, refresh or replace obsolete technology or assets, or even transform the

company’s culture or overall business model if it’s going to help them reach their goals. However, they

need justification.

S I X K E Y D R I V E R S O F S U C C E S S F U L P R O J E C T M A N A G E M E N T

4E X E C U T I V E B A C K I N GRecent studies indicate that a lack of executive support is the 2nd largest factor of poor project performance.

It is absolutely vital for the project component to have the sponsorship and confidence of the

organization’s executive management team.

S I X K E Y D R I V E R S O F S U C C E S S F U L P R O J E C T M A N A G E M E N T

5U S E R A D O P T I O NA critical failure of any system is a lack of user adoption. A PPM system is no exception.

For any system to be a success, you must have user adoption. Without it, you have inaccurate

information, wasted time, frustrated users and organizational resentment.

S I X K E Y D R I V E R S O F S U C C E S S F U L P R O J E C T M A N A G E M E N T

6V I S I B I L I T YDashboards positively change the way we view, disperse and work with information.

Visibility matters. Without having access to project information such as timelines, cost, risk, issues,

skilled resource availability, etc. you’re instincts are to use your gut. While this works in some cases, it’s

not sufficient or reliable. Having the right tools in place to facilitate and automate business process and

supply intelligence is critical.

S I X K E Y D R I V E R S O F S U C C E S S F U L P R O J E C T M A N A G E M E N T

C O N C L U S I O NBy keeping these six key drivers in mind as you move forward in improving your project portfolio management capabilities, you’ll increase your odds of success

dramatically.

Developing projects that mesh with your organization’s priorities and managing them to achieve the stated goal will also be a vital necessity to creating and maintaining a

competitive advantage.

S I X K E Y D R I V E R S O F S U C C E S S F U L P R O J E C T M A N A G E M E N T

Six Key Drivers of Successful Project Management

G E T T H E F U L L V E R S I O N H E R E

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Project Management.

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