Kaizen Management’s Post

*Delivering Success: The Power of Effective IT Project Management* In today's fast-paced digital landscape, IT projects are critical to driving business growth and innovation. However, statistics show that: 60% of IT projects fail to meet their goals 45% of projects experience significant delays 30% of projects exceed budget So, what's the secret to success? Effective IT project management! By implementing robust project management practices, organizations can: - Enhance collaboration and communication - Improve risk management and issue resolution - Increase efficiency and productivity - Boost stakeholder satisfaction - Ensure timely and within-budget delivery As IT project managers, we play a vital role in: Aligning projects with business objectives Coordinating cross-functional teams Mitigating risks and uncertainties Fostering continuous improvement Let's prioritize IT project management excellence! Share your experiences, tips, and best practices in the comments below! #ITProjectManagement #DigitalTransformation #ProjectManagement #Leadership #Innovation #Success #Technology #BusinessGrowth #Collaboration #RiskManagement

Just finished the course “Business Acumen for Project Managers”! Knowing the business environment, strategic direction, and financial fundamentals allows project managers like myself to make informed decisions, prioritize effectively, and drive projects that not only meet but exceed expectations, delivering tangible value to stakeholders and aligning with the broader organizational goals. #ProjectManagement #BusinessAcumen #ProfessionalGrowth

Got a chance to go through the PMI pulse of Profession 2024 recently. It is an elaborate 41 pages long document. Here are a few points from the report 1. Project Management approach – While overall there is a shift towards hybrid approach, the adopted approach alone does not have significant impact on project performance. A fit-to-purpose approach pays off. 2.  Work arrangement (In person, remote or Hybrid) – There is marginal difference in project performance due to work arrangement. 3. There is considerable inequity in Leaders’ perception on effectiveness of remote work and in person work. Senior leaders perceive remote work to be significantly less effective (35%) than Project Managers (23%). It may be attributed to “Productivity Paranoia” 4. Enablers – 3 or more enablers result in higher project performance (76.7%), lower scope creep (28%) and budget loss (25%) 5.  New Skills for evolving work environment - Senior leaders report that 64% of their teams need new or different technical skills, 61% power skills and 54% business acumen skills   What are these enablers? - Coaching and mentoring - Training on new ways of working - Communities of practice to share knowledge and expertise - Dedicated communication channels for employees to ask questions regarding changes - Training on resilience and managing change - Utilize vendors/consultants when introducing new ways of working - Employee resource groups to help navigate change - Support for managing change via mental health resources The report also details the project performance rates when these enablers are present and top 3 enablers associated with high project performance in different industries (extremely useful). Overall, the report emphasises on holistic approach towards the enablers, nurture culture and resilience and practice a continuous learning attitude for increased project performance. As a trainer, the findings pertaining to points 4 and 5 above are most valuable to me. What aspects of this report is of interest to you?   You can download the report at https://lnkd.in/edJh83v8 #PMI #ProjectManagement #training #PowerSkills 

Essential PMO Hacks for Project Success The Project Management Office (PMO) plays a crucial role in ensuring that projects align with organizational goals and are executed efficiently. However, managing a PMO is no small feat it requires a keen understanding of both the strategic and operational aspects of project management. To help PMO leaders and team members here are some essential hacks to streamline processes, enhance communication, and ultimately drive project success. https://lnkd.in/eWMpKVwG Running a successful PMO requires a combination of strategic insight, operational efficiency, and strong leadership. By implementing these hacks, you can enhance the performance of your PMO, improve project outcomes, and drive your organization towards its strategic goals. Remember, the key to a successful PMO lies in balancing standardization with flexibility, leveraging technology, fostering communication, and continuously seeking ways to improve. Subscribe and share your thoughts and experiences in the comments! Professional Project Manager Templates are available here https://lnkd.in/eayZpAej Hashtags #PMOHacks #ProjectManagement #PMOTips #Efficiency #Leadership #RiskManagement #ResourceManagement #ContinuousImprovement #StakeholderEngagement #ProjectSuccess #BusinessStrategy #ProductivityTips #PMOExcellence

In today's fast-paced business world, the success of any project is crucial to the growth and sustainability of a company. To achieve this success, it is essential to meet the predetermined budget and timeline constraints while delivering satisfactory outcomes. However, it is a common occurrence that stakeholders determine project success or failure based on their individual satisfaction with the results, disregarding the initial requirements. Conversely, failing to meet financial forecasts or ROI targets can deem a project unsuccessful. But worry not! By implementing fundamental agile project management principles, these obstacles can be addressed, and success in future projects can be ensured. Remember, the right approach can make all the difference! For the right approach from the word go - contact Agile Expertise Project Management Team to handle your project. 🚀💼 +27 67 016 6995 sales@agilexpertise.com Visit www.agilexpertise.com today and unlock the secret to operational success! #agileprojectmanagement #timemanagement #project365 #projectmanagement #projectleadership #projectlife #projectplanner #projectmanagementspecialist #manufacturingindustry #successinbusiness #projectmanagementexperts #manufacturingsuccess #levelupyourproduction #levelupyourbusiness #levelupyourops

💼 There are 3 sides of Project Managment Institute's Talent Triangle: Ways of Working, Power Skills, & Business Accumen.  I learned about Business Acumen (or business savviness) today in a course for Project Managers! The course was very insightful to the business knowledge PM's need to know in order to align projects with their company's business strategy.  100% recommend the course if you are curious about business & strategy!

Did you know these surprising stats about project management? ⏩ 70% of projects fail to meet their original goals – Misalignment with business strategy is a major cause. ⏩ Only 58% of organisations fully understand the value of project management – There’s a lot of room for growth in how companies leverage PM. ⏩ Poor communication is the primary cause of project failure in 56% of cases – Keeping everyone in the loop is crucial. ⏩ 83% of high-performing companies use project management practices - Proof that good PM can drive success. ⏩ Organizations waste an average of 9.9% of every pound due to poor project performance – That’s nearly £100 million for every £1 billion invested! These stats show the incredible impact of effective project management. We can significantly improve project outcomes by focusing on alignment, communication, and best practices. Which of these stats surprised you the most? Share your thoughts in the comments! ✅️ Ready to enhance your project management skills? DM me “Change” to discuss how #ProjectManagement #PMStats #BusinessStrategy #Communication #Leadership #ProjectSuccess #Efficiency #ROI

I've successfully completed the course “Project Management Foundations” by Bonnie Biafore! With this certification, I've honed my abilities in: 🔹 Strategic Planning: Crafting comprehensive project plans that align with organizational goals. 🔹 Team Leadership: Guiding and inspiring teams to collaborate effectively towards project objectives. 🔹 Risk Management: Proactively identifying and mitigating potential project risks to ensure smooth execution. 🔹 Stakeholder Communication: Fostering clear and consistent communication channels to keep stakeholders informed and engaged throughout the project lifecycle. #ProjectManagement #Certification #ProfessionalDevelopment #Leadership #Success

If you’ve been following my recent posts, the 2024 PMO Research Report or THE PMO SQUAD’s current webinar series - it’s been all about The Organizational Project Delivery Journey. This is not about maturity. This is not about project management. It’s not even about the PMO. It’s the ORGANIZATION’s acceptance and capability to deliver projects. Stage 1 & 2 are for project teams and incorporate standardizing how project delivery is done within the project delivery/management function. Stage 3 is the big shift when the organization accepts “this is how we do project delivery” across the entire organization. Stage 4 & 5 are about organizational utilization of those practices enterprise-wide delivering projects strategically and generating business value. I think this approach is so important as PMO and project leaders navigate things like executive buy in, strategy delivery, value driven and other buzz words floating out there around what makes a PMO successful. All this to say project delivery is about organizational acceptance and capability to deliver projects for the organization. ⚡️

🌟 Discussing the Relationship of Project Management to Other Management Disciplines! 🌟 Ever wondered how Project Management integrates with other management disciplines? 🤔 Let's delve into this pivotal topic from Chapter 1 of the PMBOK Guide! 📚 Project Management isn't just about delivering projects on time and within budget; it's a strategic function that aligns with operations management, portfolio management, and strategic management. 🚀 By understanding how these disciplines intertwine, organizations can optimize resources, enhance decision-making, and achieve overarching business objectives. 💼 In Chapter 1 of the PMBOK Guide, we explore how Project Management methodologies and practices synergize with broader management strategies. 📊 This holistic approach ensures that projects contribute directly to organizational success, driving growth and competitive advantage in dynamic markets. 🎯 Whether you're a seasoned professional or new to the field, grasping these dynamics is essential for becoming a proficient Project Management Professional (PMP). 🌐 Let's engage in discussions on how integrating Project Management with other disciplines can elevate organizational outcomes and foster innovation! 🌟 #ProjectManagement #PMBOKGuide #ProjectManager #PMI #OperationsManagement #PortfolioManagement #StrategicManagement #BusinessStrategy #Leadership #ProfessionalDevelopment #LearnWithMe #DailyLearning #ProjectSuccess #CareerGrowth #ManagementConsulting #BusinessOptimization #TeamManagement #OrganizationalEfficiency #EngageYourAudience