Can PM 2.0 Cure the Common Problems with Troubled Projects?
November 28, 2009 @ Herding Cats from Glen B. Alleman
In a response to the new definition of PM 2.0, it was stated
Project Management 2.0 is an approach to managing projects that is brought to life by the use of Web-based, emergent, collaborative project management software and that focuses on collective intelligence, productivity and project leadership as the basic factors of project success.
It turns out from research there are a common set of attributes found in troubled projects:
- Inattention to budgetary responsibilities
- Work authorization not always followed
- Budget and data reconciliation issues
- Lack of an integrated management system
- Baseline fluctuations & frequent replanning
- Current period and retroactive changes Improper use of management reserve
- Performance measurement techniques not reflecting actual accomplishments
- Untimely and unrealistic Latest Revised Estimates (LRE)
- Progress not monitored in a regular and consistent manner
- Lack of vertical and horizontal traceability (critical path)
- Not capturing and using cost and schedule data for corrective action
- Lack of predictive variance analysis
- Lack of internal surveillance and controls Managerial actions not demonstrated using Earned Value
So an open question to the "leading voices" of PM 2.0.
How can PM 2.0 address these problems (or other identified problems for that matter) in specific ways in order to increase the probability of project success?
Related Posts |
This article is syndicated from Project Shrink . The original article is available here. Read more in Project Management News, Project Shrink .
Reminder : PMToolbox has ZERO tolerance to copyright violation and agrees to follow strictly PMI's Professional Responsibility. That's why each post on this site includes a link to the original version at its source site.
Comments
Got something to say?
Tools
Microsft Project
Customer Relationship Management
Risk Management Programs
MS Project
Budget
Project
Ganthead
Business Intelligence Tools
Schedule
Information Engineering
Project and Program Management
Package Selection
Issue
It White Papers
wp
project server
communications
Program Management Office
Quality
ROI
Issue Tracking
Systems Development
Business Case
PMP
Knowledge Management Processes
PMO
Gantthead
best practices
Deliverable Templates
Information Technology Planning
Application Development Methodology
Cost Benefit Analysis
Scope Management
portfolio management
Project Management
Crm Applications
Cost
program management
Risk Analysis
templates
Articles
Project Office
Resources
Methodologies