Project Value The System Dynamics of Project Management Based on work done by W.J. Ledet Jr., as...
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![Page 1: Project Value The System Dynamics of Project Management Based on work done by W.J. Ledet Jr., as published on .](https://reader038.fdocuments.net/reader038/viewer/2022110323/56649d815503460f94a6696b/html5/thumbnails/1.jpg)
Project ValueThe System Dynamics of Project
ManagementBased on work done by W.J. Ledet Jr., as published
on www.practicefields.com
![Page 2: Project Value The System Dynamics of Project Management Based on work done by W.J. Ledet Jr., as published on .](https://reader038.fdocuments.net/reader038/viewer/2022110323/56649d815503460f94a6696b/html5/thumbnails/2.jpg)
All rights reserved. Colm Toolan, Business Architect. 2002 2
Projekt Management Fakten• 35% aller Projekten werden gar nicht
fertiggestellt Oracle Inc
• 84% alle Projekte werden nicht innerhalb der vorgegebenen Zeit- und Budgetrahmen fertiggestellt Standish Group
• Obwohl• 1 502 Projektmanagement Kurse angeboten werden
www.seminarmarkt.de (22/11/02)
• 520 Traininganbieter sich mit der Thema beschäftigen www.seminarmarkt.de (22/11/02)
• 2 000 000 Kopien von MS Project installiert sind Microsoft (Stand: Project 98)
![Page 3: Project Value The System Dynamics of Project Management Based on work done by W.J. Ledet Jr., as published on .](https://reader038.fdocuments.net/reader038/viewer/2022110323/56649d815503460f94a6696b/html5/thumbnails/3.jpg)
All rights reserved. Colm Toolan, Business Architect. 2002 3
Cobb’s Paradox
“We know why projects fail, we know how to prevent their failure – so why do they still fail?”
Martin CobbTreasury Board of Canada Secretariat
![Page 4: Project Value The System Dynamics of Project Management Based on work done by W.J. Ledet Jr., as published on .](https://reader038.fdocuments.net/reader038/viewer/2022110323/56649d815503460f94a6696b/html5/thumbnails/4.jpg)
All rights reserved. Colm Toolan, Business Architect. 2002 4
These• Das Projektmanagement Prozess ist ein
System• Dieses System ist komplex• Dieses System ist dynamisch
• Projektmanagement unterliegt die Regeln des System Dynamics
![Page 5: Project Value The System Dynamics of Project Management Based on work done by W.J. Ledet Jr., as published on .](https://reader038.fdocuments.net/reader038/viewer/2022110323/56649d815503460f94a6696b/html5/thumbnails/5.jpg)
All rights reserved. Colm Toolan, Business Architect. 2002 5
System Dynamics• Wissenschaftliches Disziplin• Entwickelt Ende der 50er von Prof Jay
Forrester, an der MIT (SEHA wg. Artikel: Mass Institute of Tech)
• Analyse, Modellierung und Simulation von komplexen Systeme und deren dynamischen Zusammenhänge
• Überall verwendbar• Intellektuell anspruchsvoll• (Nur) Bedingt nachvollziehbar für Laie
![Page 6: Project Value The System Dynamics of Project Management Based on work done by W.J. Ledet Jr., as published on .](https://reader038.fdocuments.net/reader038/viewer/2022110323/56649d815503460f94a6696b/html5/thumbnails/6.jpg)
All rights reserved. Colm Toolan, Business Architect. 2002 6
System Dynamics Example
Legend
Cause or Effect
Decision Point
Delay
A and B move in same directionAn Increase in A leads toIncrease in B
A and B move in opposite directionsAn Increase in A leads to Decrease in B and vice versa
Balancing Loop
Reinforcing Loop(Snowball effect)
Legend
Cause or Effect
Decision Point
Delay
A and B move in same directionAn Increase in A leads toIncrease in B
A and B move in opposite directionsAn Increase in A leads to Decrease in B and vice versa
Balancing Loop
Reinforcing Loop(Snowball effect)
Title
Decision
Delay
A B
A B
SymptomaticSolution
Problem Symptom
"Quick Fix"
FundamentalSolution
"Long Term Fix"Delay
Side Effect
"Side Effect"
Decision
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All rights reserved. Colm Toolan, Business Architect. 2002 7
Quality, Errors and Re-Work
ErrorGeneration
CumulativeErrors
Error Ratefrom PoorPre-Work
ErrorReductionActivities
ScheduleAdherence
Quality Standard
Time spent onAlignment
"Testing & Re-Work"
Total Error Rate
"Building on a faultyFoundation"
Decision
"No Time for Error Work"
DecisionErrorsfrom poorAlingment
WorkingError Rate
NormalError Rate
RequiredCommunication
Team Size
Decision
"No Timeto Align"
![Page 8: Project Value The System Dynamics of Project Management Based on work done by W.J. Ledet Jr., as published on .](https://reader038.fdocuments.net/reader038/viewer/2022110323/56649d815503460f94a6696b/html5/thumbnails/8.jpg)
All rights reserved. Colm Toolan, Business Architect. 2002 8
Overview of Project Dynamics
Project Parameters
End Product Attributes of the end product - what scope was delivered?
Error Density - how many bugs are there?
Delivery Date - did we hit the window of opportunity?
Project Cost
Project Parameters
End Product Attributes of the end product - what scope was delivered?
Error Density - how many bugs are there?
Delivery Date - did we hit the window of opportunity?
Project Cost
Other Project& Priorities
User andSponsorNeeds
Sponsor / UserCommunication
Scope Evaluation
Planning& Control
Work tobe Done
WorkCompletion
Scope Evolves
Sponsor SupportFluctuates
Decision
UnanticipatedRe-Work
Errors /Re-Work
Risk Managementand Consequences
Work PoliciesDependicies & ParallelismStaffing / Training & OvertimeRisk Assessment & Management
Value of Product toUsers / Sponsors
Project Cost
Ongoing Cost of Product Usage
Overall Project Value
Overall Project Value
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All rights reserved. Colm Toolan, Business Architect. 2002 9
Getting Work Done
Scope
Work to be Done
Activities assigned to Resources
Decision
Activity Completion
“Getting Work Done”
ResourceLevel
Decision
ProjectSchedule &
BudgetDecision
Constraints
“Staffing”
![Page 10: Project Value The System Dynamics of Project Management Based on work done by W.J. Ledet Jr., as published on .](https://reader038.fdocuments.net/reader038/viewer/2022110323/56649d815503460f94a6696b/html5/thumbnails/10.jpg)
All rights reserved. Colm Toolan, Business Architect. 2002 10
Scope Evolution
Potential forTeam, User, SponsorCommunication
Clarity ofNeeds, DependenciesConstraints
Changes inScope
"Cost of Scope Change"
Work Completed"ImprovingUnderstanding"
Scope andRe-Work
Work tobe Done
Schedule andBudget Adherance
"No Change Pressure"
"Deaf Ear"
Decision
![Page 11: Project Value The System Dynamics of Project Management Based on work done by W.J. Ledet Jr., as published on .](https://reader038.fdocuments.net/reader038/viewer/2022110323/56649d815503460f94a6696b/html5/thumbnails/11.jpg)
All rights reserved. Colm Toolan, Business Architect. 2002 11
Poor Risk Management
Risk Sources
Risk Identification
Efforts
Risk Mitigatio
n Efforts
"Risk Management"
Reaction to Risk
Time for Risk
Management
"Quick Fixes" "Dependence on Quick Fix"
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All rights reserved. Colm Toolan, Business Architect. 2002 12
Balancing Projects and Other Organizational Needs
Work to be Done
Resourcingto Project Decision
Activity Completion
"Getting Work Done"
ProjectSchedule & Budget
Decision
RelativeValue ofProject
OpportunityCost ofProject
Performanceof otherPriorities
Resources Remaining forOther Needs
"Opportunity Cost Pressure"