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New Product Development  project management ,[object Object]
Burning platform ,[object Object],[object Object],[object Object],[object Object]
Update from 2005 ,[object Object],[object Object],[object Object]
A simple definition for PM ,[object Object]
What is Project Management? ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
What is PM NOT? ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Is PM a Science? ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Kerzner’s sixteen points to PM maturity ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
PMBOK definitions ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
A simple model Strategy Operations Projects Projects instantiate strategy into  operations…..examples: -Project Apollo -Macintosh project at Apple -Manhattan project
Two different models ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Paradigms ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Ref: The Structure of Scientific Revolutions-Thomas Kuhn
Two main schools of thought ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Reference: Letting go for Control, Fitzgerald and Eijnatten, International Journal of Business Transformation, Apr 98
Implications ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Reference: Letting go for Control, Fitzgerald and Eijnatten, International Journal of Business Transformation, Apr 98
Keys to new product development ,[object Object],[object Object],[object Object]
Portfolio Management The multi-project environment
Definition ,[object Object],Reference: Cooper: Portfolio management for new products
Two different models ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Strategy It all starts with strategy. All organizations have a strategy, even  if they haven’t articulated one. Let me observe their actions  and I will be able to infer an organization’s  strategy in short  order, even if it isn’t a consistent strategy .  This is sometimes known as the emergent strategy school Ideally, all projects are a reflection of the strategy. Each project  should be rationalized in the context of the portfolio strategy This is typical of the deliberate strategy school of thought  Strategy starts first with values and beliefs about the future  and beliefs about the organization’s assets and core competencies
Strategy safari- Mintzberg-2002 ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Core competencies ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Portfolio snapshot-2006 Car make Honda Toyota Small entry level sedan Civic Echo/Corolla Mid size sedan Accord Camry Large size sedan None Avalon Small SUV CRV RAV4 Large SUV Pilot Land cruiser
Macro portfolios Mazda attempted to start a luxury brand  under the name Millenia but it failed Toyota is rumored to be contemplating a hi tech  brand under the name Prius GM is eliminating and selling brands at high speed Make Luxury Mid tier Entry level Toyota Lexus Toyota Scion Honda Acura Honda Honda Nissan Infiniti Nissan Nissan
A simple portfolio analogy ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Metaphor-Financial portfolio ,[object Object],[object Object],[object Object],[object Object],[object Object]
Example-Financial portfolio ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Investment analogy ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Product portfolio equivalents ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Types of projects in portfolio ,[object Object],[object Object],[object Object],[object Object],Reference: Christensen HBSP Case 9-301-041, Using Aggregate Project Planning
Questions about portfolio  ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Multi project issues: The domino effect Projects are stacked up one in  front of the other Shared resources and tight timing If one slips, they all slip!!!
How to combat domino effect ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Wild west syndrome Every project is out for itself May the best project win! Encouraging one project to fail to accelerate another is just fine, right? Who is the referee? Who is looking out for the organization?
Examples of wild west effect ,[object Object],[object Object],[object Object]
Combating Wild west ,[object Object],[object Object]
A forum for multiple sponsors/stakeholders   ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Executive board ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Executive board-Process Project  authorization Project  Review/changes  approved Project closeout/ post-mortem Project  termination decisions
The PM Office concept ,[object Object],[object Object],[object Object],[object Object],[object Object]
The classic staffing curve
“ Pipeline” Management
Checkbook process ,[object Object],[object Object],[object Object],[object Object]
Aggregate project planning ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Reference: Clark and Wheelwright, Harvard Business Review, March-April 1992
[object Object],[object Object],[object Object],Project Manager’s “Triangle” The Essence of Project Management Scope Staffing Schedule Risks
Basic project management concepts
Where do you see projects?? ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Corollary topics/fields to Project Management ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
A simple setback model Thanksgiving dinner-6 hour horizon Eat at 6 Cook turkey Prepare Turkey Prepare stuffing Prepare potatoes Cook stuffing Cook potatoes Heat rolls/gravy Prepare gravy Cranberry
Planning horizons Thanksgiving example again ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Manage Project Scope ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Contract Book Rqmnts Specifications & Requirements WBS
Work Breakdown Structure Project organization ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],1.0  Task 1.1 Sub-Task 1.2 Sub-Task 2.0 Task 1.3.1 Sub-Task 1.3 Sub-Task WBS
Manage the Schedule ,[object Object],[object Object],[object Object],[object Object]
Product Development Process Product Development CycleTime Ship Accept Beta / FOA Test System Test Sys Integration Needs Identify Rel Planning Proj Kick-Off PDR CDR FDR Q-12 Approve Rel Plan Q-11 Q-10 Eval Alternatives Proj Authorized Design Reviews Arch Design Design/Develop Contract Book Staffing Plan Q-8 Proj Planning Q-9 Project Baselined NPR Q-4 Beta / FOA Compl Q-3 PQE/ALT Compl Q-2 Q-1 Q-7 Q-6 Proto Builds Q-5 Rel/Perf Test CPR SRD/SAD
Staffing and Resource Management ,[object Object],[object Object],[object Object],Plan Actual Earned Value
Risk Management ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Risk Mitigation & Schedule Recovery ,[object Object],[object Object],[object Object],[object Object],Email
Lessons Learned ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
A Low Performance Culture ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Core Teams Dept A Dept B Dept C Dept D PM CORE TEAM
Benefits of core teams ,[object Object],[object Object],[object Object],[object Object],[object Object]
PM versus Resource Mgt ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Types of PM cultures ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
PM: as a reporter-the weak form ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
An org approach that works ,[object Object],[object Object],[object Object],[object Object],[object Object]
Operating style that works ,[object Object],[object Object],[object Object],[object Object],[object Object]
Project Management  Main Points ,[object Object],[object Object],[object Object],[object Object],[object Object]
PROJECT SUCCESS HIERARCHY ENABLING CULTURE COMMON PROCESS TOP DOWN COMMITMENT AGREED TO AND CLEAR STRATEGY AND GOALS PROJECT MANAGEMENT TECHNIQUES PROCESS/ORGANIZATIONAL MATURITY LEARNING ORGANIZATION METRICS DRIVEN PM IS A PIECE OF THE SOLUTION FOCUS ON TIME AS MATURITY PROGRESSES
Creating the environment ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Process Overview Industry Best  Practice Organizational  Process Assets Projects A B C D E BENCHMARK
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],PHASE-GATES, AN ASSET REPOSITORY
Sample phase-gate
PM INFORMATION SYSTEM ,[object Object],[object Object],[object Object],[object Object]
Threats to a PMIS ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Project estimation data ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Complexity measures used in past ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Impossible Curve Achieved Cycle Time Number of Headcount Assigned to Project Optimal staffing level Interference factor Non critical mass Impossible region
Common sense laws of staffing ,[object Object],[object Object],[object Object],[object Object],[object Object]
Basics of planning ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Project Schedule basics ,[object Object],[object Object],[object Object],[object Object]
Characteristics of critical path ,[object Object],[object Object],[object Object],[object Object]
Flex matrix Senior Management must determine which attributes are most  and least important on a project
Planning horizons Thanksgiving example again ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Rolling Wave approach to planning Level of planning detail Planning horizon (future time)
Escalation and communications ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Sr Mgt: A matter of integrity What you say What you do Is there a match? If not...your initiatives will suffer!!
THE ENABLING “HIGH PERFORMANCE” CULTURE ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],TRUST

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Exec ed pm3

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  • 10. A simple model Strategy Operations Projects Projects instantiate strategy into operations…..examples: -Project Apollo -Macintosh project at Apple -Manhattan project
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  • 16. Portfolio Management The multi-project environment
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  • 19. Strategy It all starts with strategy. All organizations have a strategy, even if they haven’t articulated one. Let me observe their actions and I will be able to infer an organization’s strategy in short order, even if it isn’t a consistent strategy . This is sometimes known as the emergent strategy school Ideally, all projects are a reflection of the strategy. Each project should be rationalized in the context of the portfolio strategy This is typical of the deliberate strategy school of thought Strategy starts first with values and beliefs about the future and beliefs about the organization’s assets and core competencies
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  • 22. Portfolio snapshot-2006 Car make Honda Toyota Small entry level sedan Civic Echo/Corolla Mid size sedan Accord Camry Large size sedan None Avalon Small SUV CRV RAV4 Large SUV Pilot Land cruiser
  • 23. Macro portfolios Mazda attempted to start a luxury brand under the name Millenia but it failed Toyota is rumored to be contemplating a hi tech brand under the name Prius GM is eliminating and selling brands at high speed Make Luxury Mid tier Entry level Toyota Lexus Toyota Scion Honda Acura Honda Honda Nissan Infiniti Nissan Nissan
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  • 31. Multi project issues: The domino effect Projects are stacked up one in front of the other Shared resources and tight timing If one slips, they all slip!!!
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  • 33. Wild west syndrome Every project is out for itself May the best project win! Encouraging one project to fail to accelerate another is just fine, right? Who is the referee? Who is looking out for the organization?
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  • 38. Executive board-Process Project authorization Project Review/changes approved Project closeout/ post-mortem Project termination decisions
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  • 48. A simple setback model Thanksgiving dinner-6 hour horizon Eat at 6 Cook turkey Prepare Turkey Prepare stuffing Prepare potatoes Cook stuffing Cook potatoes Heat rolls/gravy Prepare gravy Cranberry
  • 49.
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  • 53. Product Development Process Product Development CycleTime Ship Accept Beta / FOA Test System Test Sys Integration Needs Identify Rel Planning Proj Kick-Off PDR CDR FDR Q-12 Approve Rel Plan Q-11 Q-10 Eval Alternatives Proj Authorized Design Reviews Arch Design Design/Develop Contract Book Staffing Plan Q-8 Proj Planning Q-9 Project Baselined NPR Q-4 Beta / FOA Compl Q-3 PQE/ALT Compl Q-2 Q-1 Q-7 Q-6 Proto Builds Q-5 Rel/Perf Test CPR SRD/SAD
  • 54.
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  • 59. Core Teams Dept A Dept B Dept C Dept D PM CORE TEAM
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  • 67. PROJECT SUCCESS HIERARCHY ENABLING CULTURE COMMON PROCESS TOP DOWN COMMITMENT AGREED TO AND CLEAR STRATEGY AND GOALS PROJECT MANAGEMENT TECHNIQUES PROCESS/ORGANIZATIONAL MATURITY LEARNING ORGANIZATION METRICS DRIVEN PM IS A PIECE OF THE SOLUTION FOCUS ON TIME AS MATURITY PROGRESSES
  • 68.
  • 69. Process Overview Industry Best Practice Organizational Process Assets Projects A B C D E BENCHMARK
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  • 76. Impossible Curve Achieved Cycle Time Number of Headcount Assigned to Project Optimal staffing level Interference factor Non critical mass Impossible region
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  • 81. Flex matrix Senior Management must determine which attributes are most and least important on a project
  • 82.
  • 83. Rolling Wave approach to planning Level of planning detail Planning horizon (future time)
  • 84.
  • 85. Sr Mgt: A matter of integrity What you say What you do Is there a match? If not...your initiatives will suffer!!
  • 86.