Bill Keever, OLY’s Post

How do we do change management in mega projects? 1. Identification: Recognize the need for change. 2. Change evaluation: Assess the impact and readiness for change. 3. Change Decision: Obtain approval from authorities. 4. Change Planning: Develop a detailed change plan. 5. Change Implementation: Execute the planned change. 6. Change Validation: Monitor and validate progress. 7. Change Closure: Review outcomes and document lessons learned. And the challenges to do the process successfully are: - Complex Stakeholder Management: Managing multiple stakeholders with diverse interests will lead to delays and conflicts. - High Levels of Uncertainty: Large projects often face unforeseen challenges such as regulatory changes, funding issues, and technological advancements. - Coordination Across Multiple Teams: Ensuring effective communication and coordination among various teams and contractors is crucial and often difficult. - Sustaining Engagement: Keeping all parties engaged and committed throughout the long duration of the project is challenging. #ChangeManagement #MegaProjects #ProjectManagement #Leadership #Innovation

Navigating Change Management: Balancing Budget, Timeline, and Scope 🔄 Change is inevitable in any project, but managing it effectively is what ensures success. Change management is not just about responding to shifts – it’s about balancing them with the project's key constraints: budget, timeline, and scope. Every change, no matter how small, can have a ripple effect on resources and schedules. A well-managed change process evaluates the impact on budget, ensures that adjustments to the timeline are feasible, and keeps the scope clearly defined. Without this balance, projects risk cost overruns, delays, or even scope creep. Essential steps for effective change management: - Evaluate the impact on budget 💰 - Adjust the timeline where necessary ⏳ - Keep scope under control to prevent deviations 📋 #ChangeManagement #ProjectManagement #PMP #BudgetControl #TimelineManagement #ScopeManagement #Leadership #RiskManagement

Why projects fail: How effective change management can help increase your chances of success: Many projects, despite initial promise, fall short of expectations. Some factors that can contribute to project failures are poor leadership, unclear objectives, scope creep, inadequate stakeholder engagement, inadequate risk management, poor resource availability, poor project management planning, inadequate communication, etc. In some cases with good planning, poor adaptability could also hamper project success. Research from PROSCI indicates that project success can increase as much as six times when change management is properly executed. Including change management, project execution can improve better objective definition, stakeholder management, flexibility and adaptability, and building greater buy-in. Kindly join us and John Wesey on July 24 at 11am to learn how we can address the common pitfalls why projects fail and how effective change management can help us succeed. Register @ https://bit.ly/LDNI_197

Aligning projects with strategic priorities is not just beneficial—it’s essential. Even the most forward-thinking companies can struggle with ensuring their initiatives are in perfect sync with their long-term goals. Earlier in my career I fell in love with OPM3 audits… it was a deep dive into this exact puzzle, which allowed for a groundbreaking strategy for project alignment and resource optimization. 🔍 The Challenge: A company I work years ago for faced a critical need to streamline projects and enhance alignment with strategic goals, aiming to eliminate inefficiencies and drive up utilization. 🛠️ The Process: I led a comprehensive OPM3 audit to evaluate our growth needs, analyze our project portfolio, and pinpoint initiatives that were not contributing to our strategic objectives. 🎯 The Outcome: This strategic recalibration not only aligned our projects more closely with our core goals but also unlocked a remarkable 40% improvement in resource utilization. This experience was a powerful demonstration of the value that comes from scrutinizing and realigning project portfolios. This puzzle showcased how applying focused assessment tools like the OPM3 audit can lead to significant gains in efficiency and effectiveness. Implementing OPM3 is challenging and not a guaranteed fix; it should augment existing practices for full effectiveness. Key to leveraging OPM3's benefits is pairing any resulting changes with solid change management strategies. This ensures smooth adoption and maximizes resource utilization, aligning efforts with strategic priorities for enhanced operational efficiency. How have you tackled misalignment and inefficiency in your project portfolios? #StrategicAlignment #OperationalEfficiency #ProjectManagement #Leadership #Innovation #ResourceUtilization #OPM3Audit #BusinessGrowth #

Hello LinkedIn community, 🌐 I am currently conducting informal research for an upcoming symposium on Effective Change Management. Your valuable insights can contribute significantly. Could you share a challenging change management experience? 🔄 What factors made it particularly challenging, and what strategies could have enhanced the situation? Your expertise is highly appreciated! 💼💬 #ChangeManagementInsights #ProfessionalDevelopment #ShareYourExperience

The Key to Effective Change Management 💭 "You can have the best system in the world, but without people engaged with it and adopting it, its almost useless so its really important at the start to get this piece right. Its vital to the success of a project ..." In our latest fireside chat, Mint COO Edward Foster and Functional Consultant Jackie Beckett delve into the intricacies of change management. They discuss the importance of collaboration, effective processes, and well-structured plans and brainstorms. Learn how to ensure your team is on board, understand the steps needed to facilitate smooth transitions, and discover strategies to drive successful project outcomes. Don't miss this highly insightful conversation 💥 https://lnkd.in/epeWNhjY

I am thrilled to announce that I have successfully completed the Change Management Foundations course and have earned my certificate. This comprehensive program has equipped me with the necessary skills and knowledge to effectively navigate organizational change. #changemanagement.

The Change Management Institute UK is hosting a great event soon: 🗓️ Exploring the Value of Change Management in the Public Sector and even better members and non-members can attend for FREE! 😁 Definitely a must for anyone working with, or in the Public sector and have an interest in learning more about Change Management in this space. 💡 #change #growthmindset #sociallearning https://lnkd.in/g2sFimgT

I have come to the realisation and appreciation that change management initiatives are intricate and contingent upon specific circumstances as I’m completing a 4,500-word essay on the subject. it is undeniable that change is continuous, and we are aware that change may be difficult, as it challenges our status quo, which may not be appealing to everyone. It reminded me of my experience in a political campaign where we had to implement change; we adopted best practices from Western Europe, but the main challenge was adapting these practices to the local context. Regardless, this module "The Management of International Organizational Change" equipped me with an understanding of various frameworks that address sources of change within organisations, such as performance gaps and opportunity gaps. It also explored different management fads that can vary between organisations; I learned how to implement change management initiatives using the SORT technique, which stands for scope, origin, rolling, and time. Furthermore, the module featured practical case studies, mainly from Harvard Business School, INSEAD and other reputable business schools. Therefore, I would like to express my gratitude and honour for the opportunity to be taught by Professor Pei Sun who was highly enthusiastic about the subject matter. #ChangeManagement

I've completed the course “Improving Technical Project Success with Change Management” by Kevin J. Miller, which emphasizes the indispensability of collaboration between project and change managers for successful project completion. The course brings to light the (obviously) needed and critical role of change managers in supporting and facilitating the transition and adoption of changes among stakeholders, which is vital for project success and effectively meeting people's needs. I recommend this course to all project managers eager to learn about the interconnection between project and change management and their impact on organizational change. Check it out: https://lnkd.in/dTNdbi5C #technicalprojectmanagement #changemanagement.