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Program Management Concepts Overview

The document outlines key concepts in project, program, and portfolio management, including definitions, characteristics, and organizational structures. It discusses the importance of metrics and dashboards in measuring project performance and success, emphasizing the need for appropriate metrics and KPIs. Additionally, it highlights the complexities and cultural considerations in program management, as well as the role of PMOs in supporting project initiatives.

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0% found this document useful (0 votes)
10 views35 pages

Program Management Concepts Overview

The document outlines key concepts in project, program, and portfolio management, including definitions, characteristics, and organizational structures. It discusses the importance of metrics and dashboards in measuring project performance and success, emphasizing the need for appropriate metrics and KPIs. Additionally, it highlights the complexities and cultural considerations in program management, as well as the role of PMOs in supporting project initiatives.

Uploaded by

rutteralyssa3
Copyright
© All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd

• Definitions (from PMI)

– Project
Program
Management
– Program
Concepts and
Considerations
– Portfolio
In Other Words. . .

2
Programs: Sponsors, Owners, and Alignment

3
Characteristics of Projects, Programs, and Portfolios

Project Program Portfolio

Product & physical Benefit focus Strategy focus


focus
Single endeavor Group of like Group of programs
projects and projects
aligned to strategy
Fixed term Ongoing Ongoing

Within a functional Normally crosses Across the whole


group organizational organization
boundaries
Hierarchical Collaborative (inter- Collaborative
dependent)

4
From Chaos to Organization

5
Maturity in program management

L5 - Program leadership
L4 - Program Mgt support environment
L3 - Program controlled
L2 - Program planned
L1 - Independent uncoordinated projects

6
Roles Change at the Top

7
• No single ‘right’ way

• Fits project needs and requirements

• Meets customer expectations


Program
Organization

[Link]

8
Functional Organizations
Matrix Organization Structure

10
Projectized Organizational Structure

11
Life Cycle Timing

Corporate Strategy

Vision Strategic options Project Portfolio Implement strategy

Program delivery

Program set-up Mobilize Deliver benefits Benefits realization

Project delivery
Initiate Plan Execute Control Close

12
Project Management Office (PMO) Functions

13
Key Dimensions Defining an Organization’s Culture

14
Cultural Dimensions of an Organization Supportive
of Project Management

15
Factors That Add Complexity
– Geographic spread

– Cultural differences

– Resources, knowledge gaps, labor pool credentials

– Size/$ value

– Uncertain requirements, scope, and deliverables

– Complex interactions

16
Cross-Cultural Considerations:
A Closer Look

• Culture

• Cultural Differences

17
• Relying on Local Intermediaries

• Culture Shock

Working in
Different Cultures

18
New Developments in Program Management

New Success Criteria


Key Performance
Governance
Indicators

Dashboard
Design

Measurement
Kerzner

19
Metrics and Dashboards
– Metrics are:
• Objective and measurable attributes of project
performance

• Assessment the project’s health and risks

• Prediction of project success and failure

• Targets/milestones

• Catching mistakes

• Informed decision making

• Often ignored
– Metrics require:

• A need or purpose

• A target

• A means of measurement
Metric Requirements
• A reporting structure

[Link]
21
– Business-based or financial
metrics

– Success-based metrics

– Program-based metrics
Generic
– Individual project metrics
Categories of
Metrics

McAlister
22
Metric Measurement Complexity

Metric or KPI Measurement


Profitability Easy
Customer Satisfaction Hard
Goodwill Hard
Penetrate New Markets Easy
Develop New Technology Medium
Technology Transfer Medium
Reputation Hard
Stabilize Work Force Easy
Efficiency, Effectiveness Hard
and Productivity
Utilize Unused Capacity Easy
23
Selection Issues

– Metrics must validate


performance and success.

– Agreement on metrics will


define success or failure

– Select appropriate metrics


[Link]

– Avoid “metric mania.”

24
– KPIs can be derived from
formulas

– A KPI can be a combination


of other metrics
KPI Derivations

ResearchGate

25
Useful KPI attributes

– KPIs can be selected using the following:


• Predictive

• Measurable

• Actionable

• Relevant
Entrinsik

• Automated

• Limited number
26
The KPI Boundary Box

Upper Performance Threshold Limit for the KPI

KPI Performance
Targets

Lower Performance Threshold Limit for the KPI

27
Why Use Dashboards?

– Dashboard purpose

– Dashboard = “situational
awareness”

– Dashboards are
communication tools.

28
Dashboard Layout

29
Rules of Colors

30
Dashboard Images

– Types of dashboard images include:


• Gauges
• Thermometers
• Traffic lights
• Performance trends
• Performance variances
• Bar charts and column charts
• Histograms
• Pie charts
• Rectangles with quadrants
• Others
31
Dashboards – Conveying Information

32
33
34
35

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