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Challenges on Strategically Managing Projects - By Mustafa Hafizoglu - iCompetences PPM2013

Challenges on Strategically Managing Projects - By Mustafa Hafizoglu - iCompetences PPM2013

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Published by: Farid Yandouz on Mar 16, 2013
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03/18/2013

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Challanges  On  Strategically   Managing  Projects  

Mustafa  HAFIZOGLU,PMP  

  What  is  the  value  of  a  project  in  your   organiza;on?  

Managing  Stakeholders  Expecta;ons  

Expectations •  On  ;me   •  On  budget   •  Within  scope   •  Etc.  

Value

VALUE FOR SUSTAINABLE GROWTH FOR ORGANIZATIONS
Value  from  each   expecta;on  

 

10000000000000000  
Strategy  

Project / Program Managers Main Concern

STRATEGY (1)
Dynamic nature of environment & Project-based approaches being more organic dealing with complex and turbulent environments

OUTLINE
•  Four Challenges on Strategically Managing Projects •  A Real Case •  Statistics From Turkey

Challenge # 1 Be aware of Impact Areas

•  The challenge is to analyze cause and effect relationships of the projects within the portfolio. •  Develop a map of interaction of projects (e.g. using same scarce resource, same customer ... )

CASE •  Project Eagle:
–  A strategically high priority R&D project; –  Its outcome is a product potantially with high sales volume; –  It uses Resource AAA;AAB;AAC;AAD;BBB;BBC –  Its customer is RKS

•  Project Pigeon:
–  A strategically low priority R&D project; –  Its outcome is a prototype with no potentially high sales volume; –  It uses Resources AAA;AAB;CCC;CCD –  Its customer is RKS

Challenge # 2 Adapting to Strategy Change

•  Long term decisions may be affected by crisis and new opportunities •  Dynamic nature of the environment •  Shift in the priority •  Aproach as a Knowledge Area-Strategy Management

Challenge # 3 Immeasurable

•  Is the project satisfy the strategic expectations set before? •  Traditional metrics & methods not sufficient! •  Apply AHP (Analytic Hierarchy Process)*
* Evaluating Strategic Project and Portfolio Performance, Michael Bible, Susan Bivins; Journal of Project, Program & Portfolio Management, Vol3 No:1 (2012)

Challenge # 4 People •  The most crucial challange! •  The ONLY way to deal with this challenge is

LEADERSHIP
•  Employees do not change their jobs, they change their managers!

Project Managers (PMI TR Member) Industry Profile

PM Certification in Turkey

TAKE AWAY •  Make the Strategy of your company your main concern •  Track the projects strategic value, check if there is any shift in priorty •  If you cannot measure you cannot improve •  Leadership skills

THANK YOU!
Mustafa HAFIZOGLU, PMP mhafizoglu@sdt.com.tr

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