PROJECT MANAGEMENT CONSULTING & TRAINING
LEAD. ACHIEVE. SUCCEED.
We want to supercharge your company from strategy planning to execution. PM360 Consultants provide project and portfolio management solutions for multiple industries. We have a dynamic and driven team to support all areas of your projects. Providing guidance and training to support your current executives, sponsors, project leaders, project managers and team members.
Padraig has spent the last 25 years overseeing projects from small initiatives to multiyear, multi-million endeavors – Padraig has 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).
PM Consultancy Solutions
Experience shows that projects, are successful when the same nine steps are closely aligned – the project goal, the project plan, the leader, the availability of people, the opportunity, the risks, the management style of the project manager, tracking the project progress and simple status reports.
Benefits of Ten Step Method: Planning,Execution and PSI
- Ten Step Method focuses on good project management practices – Capacity planning, planning, executed and probability success indicator in building the project plan.
- The approach ensures that we use all of the resources we have in the wisest and most efficient way possible.
- How 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.
- How to implement effective change control while still successfully managing the expectations of the stakeholders.
- Deliver commitments on project budgets and delivery dates with maximum confidence – and deliver on these commitments.
- How to assess any project using the Probability of Success Indicator. (PSI)
- Holistic visibility by senior management into the status of projects as they are executed.
- Building a track record of consistent project delivery.
TEN STEPS TO A SUCCESSFUL PROJECT
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
Project Management Consulting & Training
We offer a variety of bespoke consulting services tailored to your project business needs. Providing oversight and leadership in executing projects from planning to completion with time-tested approaches.
Project Management Capabilities
Projects you plan and execute systematically can come in on time, on budget and deliver the quality 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. The workshop teaches many techniques and tools that will save you time and money on projects.
PSI & Project Recovery
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.
Effective Project Portfolio Management
Effective project portfolio management provides high levels of visibility both from a strategic and a tactical perspective. It provides insights into past project metrics such as project costs, profitability, duration, quality, and resource usage.Key considerations should be given too the following (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 Management
A business case is a project management document that explains how the benefits of the project outweigh its cost and why it should be executed. Business cases are 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. 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 Briefing
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.
STEERING COMMITTEE BRIEFING
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. 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
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 50% of all projects fail (PMI 2017). 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.