PM Insights - PM 360 Consulting
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PROJECT MANAGEMENT CONSULTING & TRAINING

 

LEAD. ACHIEVE. SUCCEED.

 

Your Potential

 

Solutions

PM360 Consulting  is the only company to train and facilitate project management using your own projects and your own people for your success.

We get it. Managing projects is difficult, especially when faced with business change, risks, uncertainty, tight deadlines, expanding projects, return on investment and insufficient project management training. With innovation happening more than ever, the new agile project economy requires more and more people across organizations to manage projects successfully. We know your business has its own challenges and we’ll help you determine what will work best for you. Our solutions work because we take the time to understand your unique needs.

 

ASSESSMENT

After 30 years overseeing projects from small initiatives to multiyear, multi-million endeavors – PM360 Consultancy have seen the project management function matured over time, the demands have increased and so too has project failure rates, estimated by industry experts across all industry sectors to now be at 70% (PWC, KPMG, CISCO, GARTNER,4PM).

 

PM360 Consultants provide project management solutions for multiple industries. We have a dynamic and driven team of consultants to support all areas of your projects. Providing customized solutions through coaching, consulting and training to support executives, sponsors, project leaders, project managers and teams.

Benefits of Project Management Training and Consulting

Clarity on Focus & Objectives

Effective Project Planning

Stakeholders Win-Conditions

Strategic Business Alignment  Leadership Styles

Resource Availability – Supply & Demand

Improved Risk Management 

Continuous Project Oversight

Controlled Budgets & Cash-flow

Subject Matter Expertise, Techniques & Tools

Opportunity to Learn From Project Failures for Successful Projects

Improved Efficiency

Enhanced Confidence

Consistent Project Delivery 

High Client Satisfaction

 

The Issues and Challenges this Workshop Solves

1.You need to identify all project’s stakeholders – How to establish the goal of the project – the goal which will satisfy the win conditions of all the stakeholders

2.You like to do projects better but you know you don’t need a full-blown project management methodology

3.You like a stripped-back project management method which newcomers can learn quickly and which reinforces the knowledge of experienced project managers

4.You are not sure if you need project management at all or you just need to manage time more effectively

5.You like to hit deadlines and meet promises without working late

6.You like to reduce your  stress levels

7.You have unpleasant surprises – projects that ‘go long’ suddenly and out of the blue  projects

8.You  like to to accurately estimate projects – even those phases of the project which lie very far into the future

9.You have project managers with different backgrounds / styles / experience and you’d like to have a standard way of doing things – a basic structure which describes what to do and what not to do

10.Individual people, or the organization as a whole, overcommits

11.You need to become better at managing scope change

12.You need to become better at dealing with impossible deadlines

13.You need to use the plan as instrumentation to drive the project and to correctly assess the status of the project

14. You need to put a margin for error into the project plan using contingency and risk analysis and  risk management

15. You need to identify the resources required for the project and to ensure that those
resources
will be available when required and what to do if they are not

 

2-day Workshop Benefits

PM360 Consulting  is where you’ll find The Only Project Management Course You’ll Ever Need, a 2-day workshop that teaches everything you need to know to:

  • Run any project successfully
  • Run multiple concurrent projects successfully
  • Get any project done in the shortest possible time

 

Thousands of people around the world across different industries have completed this workshop

 

It’s a 2-day investment of your time that gives you immediate results and learning that will stay with you for a lifetime.

 

For further information please contact us at www.pm360consulting.ie

 

HOW TO RUN SUCCESSFUL PROJECTS

PLAN THE PROJECT 

1.Establish the Project Goal

2.Make a list of All Jobs

3.There must be One Leader

4.Resources – Assign People to Jobs

5. (a) Have a Safety Margin – Risk Management & Contingency 

5. (b) Set the Stakeholders Expectations

 

EXECUTE THE PLAN

6.Use Appropriate Leadership Style

7.Know What’s Going On – Tracking the Project

8.Tell People What’s Going On – Reporting

9.Repeat Steps 1 to 8

10.Do A Post Mortem – Lessons Learnt

( Fergus O Connell 2023 All rights reserved)

 

Consultancy Services Areas:

We provide consulting and advisory supports  in the following areas:

 

How To Run Successful Projects – Ten Steps

Projects you plan and execute systematically can come in on time, on budget and deliver the scope objectives. The ten-step method is based on 30 years of ongoing research on the best practices of successful projects as against the poor practices of failed projects. This workshop teaches many techniques and tools that will save you time and money on projects.

 

PSI & Project Recovery Workshop

The Probability of Success Indicator (PSI) is a measurement technique you can take at any point in a project’s life and it tells you how likely or not the project is to succeed. If used at the beginning of a project, it becomes a practical approach / checklist to gauge the probability of success before a project begins. A project recovery analysis can have three possible outcomes: Delivery of the recovery project with major changes in scope, schedule, budget / or termination of the project because its not going to deliver project objectives and business value.

 

Project Risk Management

Every project is important and every project has risk.Every day and every euro are the keys to each successful project. Making good decisions that take account of real-world uncertainties can provide a margin of safety and profit. A approach to risk analysis and management is the practice of identifying, evaluating, and preventing or mitigating risks to a project that have the potential to impact the desired outcomes. Types of project risk – cost,schedule,performance,resource,governance and external risks.

 

Project Maturity Assessment

Project management maturity models measure how well a company handles projects. These models provide criteria and scoring systems to assess capabilities. Having high project management maturity means planning, executing, and completing projects well. These teams follow defined, repeatable project management processes to minimize project risks and achieve strategic goals.

 

Selecting Projects – Project Prioritization in Portfolio Management

There are three key criteria to take into consideration when assessing a portfolio: the combined value of the projects in the portfolio, the overall risk/value balance and the alignment of the portfolio with the strategic goals of your business. Organizations that fail to bridge the gap between strategy design and value delivery are wasting eye-watering amounts of money on poor project performance. Key considerations should be given too the following in selecting projects for your portfolio. The goals are clear and simple.  (1) Maximizing the value of your portfolio (2) Seeking the right balance of projects (3) Creating a strong link to your strategy (4) Doing the right number of projects.

 

Business Case & Benefits Realisation Management

The business case brings together the benefits, disadvantages, costs, and risks of the current situation and future vision so that executive management can decide if the project should go ahead. A business case is prepared during the project initiation phase, and their purpose is to include all the project objectives, costs and benefits to convince stakeholders of its value. Benefits realisation management will show you how to develop, track and manage benefits effective, drawing on established frameworks and discussing some of the common pitfalls and challenges you can expect to encounter. The business case must be constantly reviewed throughout, ensuring that the project can be stopped or changed immediately if it is no longer providing value.

  • 41% of businesses identified that project failure was the fault of a lack of investment and involvement from senior management – probably because they couldn’t see the value of it (PMI).
  • 50% of $1M+ projects fail to meet their business objectives (Gallup).
  • 37% of projects failed due to a lack of clear goals and benefits for the project (PMI).

 

Executive Project Sponsors Workshop

Project Sponsor is highly desirable but not always likely. We advise on  the importance of sponsorship and how to achieve it. Executive sponsors are responsible for initiating, ensuring, approving, and establishing the vision, governance, and value/ benefits realization for the project.. Successful executive sponsors build project sponsor capabilities through the ARC Model and 10 actions roadmap.

 

Executive C-Suite Workshop

Executives, project sponsors, project managers, and steering committee members can learn a lot of lessons from project failures. This isn’t true for all kinds of projects, but it is for every project that involves doing something that hasn’t been done before and that has a high risk-reward profile. What defines a successful project?  Successful steering committee success is built around project delivery success, product / service success and business benefits through 12 actions roadmap to be effective.

 

Managing Multiple Projects

Eliminating Overload?,Balance priorities, manage expectations and increase productivity. The positioning concept in the managing multiple projects framework integrated: Portfolio – Plan – People – Productivity – Positioning.

 

 

Project Success & Failure Case Studies

There has been major improvements in the development of  project management frameworks and methodologies over the last 20 years. The main issues with Project Failure Rates are still high. Success rates are not improving and the metrics surrounding project failure have been disturbing — Over 70% of all projects fail (PWC, KPMG, CISCO, GARTNER,4PM). There are many reasons why projects fail. According to the research conducted by Project Management Institute, the most common reasons for project failures are change in organizational priorities, inaccurate requirements gathering and change in project objectives. When a project has failed to deliver on its promises, it’s important to look at the hard data behind the project and the people working on it if lessons are to be learned from the mistakes made and those mistakes are not repeated. What defines a successful project?

 

Project Business – KISS Strategy

A proven practical approach to building project business value. A 3-step process to develop the KISS Strategy, (1) Understand your market (2) Gain competitive advantage – USP (3) Managing business risk – balancing risk and opportunity. Project management capabilities – Ten Steps to project delivery.

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Project Management Techniques & Tools Used

  • Project Management Capabilities – Ten Steps
  • Predictive, Agile and Hybrid Approaches
  • Frameworks & Methodologies – IPMA,PMI,PRINCE2,SCRUM & AGILE
  • Project Canvas Model
  • Business Case & Benefits
  • Project Planning & Controls
  • Executive Sponsor Workshop
  • KISS Strategy
  • PSI Assessments
  • Project Success & Failure Cases
  • Business Diagnostic Assessment
  • SWOT Analysis
  • Story Boarding
  • Mind-Mapping
  • Root Cause Analysis Techniques

 

  • Tools: Microsoft Project, Wrike, Asana, Smartsheet,

 


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