Archive for the ‘Project management’ Category

Spicen up your Project Management

Wednesday, February 22nd, 2012

It’s clear that project management isn’t the most exciting topic around executive roundtables and Board meetings yet it can make or break almost any critical corporate objective. Often, I hear, “Leave it to the project teams to implement”. Although that makes sense, it doesn’t receive nearly the interest as implementing a “new program” such as lean or scorecarding or whatever is perceived as the latest and greatest “fix” to all ailments. Thus, the project teams drudge along but don’t have the same level of recognition and passion for accelerating progress and delivering results.

A partial answer to this dilemma is to promote your project. Generate the interest. It’s amazing what can be achieved through executive interest and enthusiasm alone. I’ve written an article on how to promote and market a project to ensure success. Read a few tips here.

© Lisa Anderson 2012. All rights reserved.

Are You Undervaluing Your Project Leaders?

Tuesday, October 11th, 2011

As I just spoke on the “Secrets of Project Leadership Success in the New Normal” at ProjectWorld / BusinessAnalystWorld in Vancouver and had some fascinating discussions with other speakers and participants, it got me thinking about how often excpetion project managers are undervalued.

As it’s clear that those companies who achieve bottom line business results are those who value these resources, why do so many companies choose the less successful route? As I said in my speech, if there was a subject that went across organizational boundaries that could impact the bottom line, it would be project management. How do we take advantage of good ideas? Project management. How do we thrive in the new normal? Project management. Whether we realize it or not, those leaders who “get things done” typically are exceptional project managers and leaders. I’ll take a so-so idea with an excellent project leader anyday over a fabulous idea with a so-so project leader.

Take a step back and assess whether your organization has any exceptional project leaders? You might be surprised – who brings up future roadblocks and obstacles frequently with ideas/ recommendations to overcome them? They might even be considered annoying as it’s an “easier” day if no issues are constantly arising. Who has people following them regardless of their position title? Who ruffles a few features as no exceptional leader will stand by and let a non-performer go unaddressed on his/ her project team?

If you’re interested in reading more about successes, failures and case studies about project leadership, there are many articles on my Articles & Publications webpage under the category of Project Management – click here and/or I have a few years worth of monthly columns on the Project Times website – click here

© Lisa Anderson 2011. All rights reserved.

Case Study of a Project Failure

Wednesday, March 30th, 2011

Please check out and comment on my latest Project Times article, “Case Study of a Project Failure”. I utilized a case study of an project to integrate companies which was challenged to say the least and discussed three key take-aways of lessons learned from project failure:

1. Too many chiefs and no Indians.

2. Lost critical knowledge base.

3. Forgot to ask questions.

Please read, tweet, comment etc. FYI, there is a place to comment at the end of the article on Project Times – link to the article.

© Lisa Anderson 2011. All rights reserved.

Leverage the Recovery

Tuesday, February 8th, 2011

Although we are in a recovery, there is no telling how long it will last. And companies are unsure about committing too many resources and being too bold until the recovery is more of a “sure thing”. However, those companies who use this as an opportunity and leverage the recovery to grow their business and profitability will surpass their competition – the time is NOW!

I wrote an article in Project Times recently on how to leverage the recovery from a projects perspective. Please take a look and tweet to your colleagues & friends -click here.

© Lisa Anderson 2011. All rights reserved.

A Hidden Key to Project Success

Tuesday, June 22nd, 2010

After working on countless projects, I realized that there is a common hiden key to project success – vision. And given how vital delivering bottom line results is in today’s business world, I’ve devoted an article to the topic.

As published in Project Times, “A Hidden Key to Project Success” discusses three main strategies to improve bottom line results: 1) Seeing the integration points and impacts; 2) Seeing the optimal sequencing points & patterns; 3) Seeing potential roadblocks.

I hope you enjoy the article, and I’d love to hear your feedback / insights. When I reflect on those successes which have had the greatest positive impact on my career, it always comes back to “project execution”. I have no doubt that following these secrets to success will yield results.

© Lisa Anderson 2010. All rights reserved.

Risk – Emerging Topic?

Monday, April 19th, 2010

Today uncertain economic climate is driving greater focus on risk management.

According to Industry Week’s article, “Riskier Business”, signs indicate that CEOs will be taking greater notice of risk in the wake of the economic crisis. According to a PricewaterhouseCoopers’ latest annual CEO survey, fully 84% of respondents reported they anticipate making changes to the way they approach managing risk, with 41% indicating that those changes will be major ones.

Also according to the Industry Week article, a few pieces of advice are as follows: 1) Categorize your risk – strategic risks, big-picture operational risks, financial risks and compliance risks. 2) Assume greater uncertainty. 3) Mitigate credit risk.

I also recently addressed this topic in an article published in Project Times, “Project Risk – Should You Care”. In the article, I discuss three keys to success: 1) Identify what might go wrong. 2) Determine potential reasons. 3) Implement steps to mitigate risk. To read the article in full, click here.

© Lisa Anderson 2010. All rights reserved.

Successful Execution of Strategy – What Works?

Tuesday, April 6th, 2010

I’ve recently worked with multiple client on this topic. It is an important topic – if you can “guarantee” your strategy through solid execution, you’ll increase the value of your business. In my experience, few companies achieve their strategy. It is much easier to create binders full of strategic documents than it is to “make it happen”. What you find someone who not only can create a practical yet solid strategy “AND” execute it, you’ve found a gem!

I recently published an article on Project Times about this subject, “Why Project Planning is Critical to Attaining Strategy Goals”. The article discusses the keys to success in “making it happen”: 1) Executive committment and involvement. 2) Effective questioning (largely what I’m able to provide my clients to help them think through how to successfully execute their strategy). 3) A rigorous focus on the critical path. Read the entire article here.

Simply by focusing attention on strategy execution via a project planning process, you’ll be further along than most of your competitors. Why not give it a try?

© Lisa Anderson 2010. All rights reserved.

Common Pitfalls in ERP Project Success

Monday, March 22nd, 2010

There seems to be an increase in interest in this subject matter – perhaps so many companies put everything on hold with the recession that they are just starting to dust off their old upgrade and new ERP selection projects. Thus it seemed like an opportune time to discuss the pitfalls to ERP project success – and how to overcome them.

I’ve been involved in “too many” ERP and other system selection and implementation projects. They can be monster projects to say the least but they can also be quite rewarding and provide significant results if handled appropriately.

I recently wrote an article in Project Times about the pitfalls to success. I’ve found the three most common pitfalls to be the following:

1. Trying to solve process discipline issues with systems.

2. Focusing on bells & whistles instead of core functionality

3. Focusing too much effort on system cost instead of implementation cost and risk

Read the full article here

© Lisa Anderson 2010. All rights reserved.

Top Traits of Successful Project Leaders

Thursday, January 21st, 2010

Are you interested in what all successful project leaders have in common? If so, refer to my recent article in Project Times about this subject: click here.

After evaluating what “works” from being involved in hundreds of projects ranging from the simple to complex, multi-million dollar ones, I’ve identified the top traits of the project leaders who delivered RESULTS: 1) Set direction. 2) Manage the critical path with rigor. 3) Listen and provide feedback. I expand upon these traits in the full article.

I’m interested in your thoughts and feedback. What have you seen?

© Lisa Anderson 2010. All rights reserved.

Do you need software to manage a project successfully?

Wednesday, November 18th, 2009

No! It isn’t part of the 80/20. I just wrote an article on this topic for Project Times: to read the full article, click here.

In essence, the article focuses on how there’s NO investment required to achieve the 80/20 of project management success. The bottom line is that I’ve found it to be imminently achievable to achieve project management results with current tools, software and resources. Instead, in 100% of the hundreds of projects I’ve either led or worked on in a diverse set of companies and industries, I’ve found that developing the critical path (whether manually or aided with project management software) has been one of the keys to project success.

Although project management software provides a few ease-of-use advantages (described in the article), the keys to success are available without software tools:

1) Focus

2) Questioning ability

3) Organization

4) Communication

Read more about these critical success factors in the full article.

© Lisa Anderson 2009. All rights reserved.