Benefits of Managing by Project lustration of GL vs Project By Traditional Reporting By Project and Program: Monthly GL-based Weekly Status, Utilization, Reports Workforce Planning, and more/ Cost Center 800 Program A Salaries $400000 Project One Expenses $88,000 Project Two Overhead $25000 Project Three Headcount 100 Project Four 7ota/1ctam5513,000 Project Five Budget 5525000 Variance +8,000 Overall Project Status Resource Utilization Workforce Planning Visibility, Accountability, Control, and Agility
Benefits of Managing by Project Illustration of GL vs Project Visibility, Accountability, Control, and Agility $400,000 $88,000 $25,000 100 $513,000 $525,000 +$8,000 Salaries Expenses Overhead Headcount Total (Actual) Budget Variance By Traditional Reporting: Monthly GL-based Reports Project One Project Two Project Three Project Four Project Five By Project and Program: Weekly Status, Utilization, Workforce Planning, and more! Workforce Planning Resource Utilization Overall Project Status Cost Center 800…. Program A
Benefits of Managing by project Project Progress Report and KPls Example Weekly Progress Report Project Financials Implementation Activiti Customer ABC Corporation Project Manager Amy Marlin Responsibility Progress Status VIn Trouble Overall Status Highlights 2 key roles to be staffed Original Completion Date 31Mar2001 Estimated Completion Date 30Apr-2001 Labor hours to date 1872 尸 rogress Labor hours eac 4504 Comple 45% Earned value 48% Actual cost to Date 194578 Forecast Cost 413,340 Financial Prior Forecast Cost 361,000 Accountability and Budget Cost 356500 Control Forecast to Budget Cost Variance 16% Forecast Margin 28% Margin Forecast to Budget Margin Variance 7 at Project Level (for contract projects
Example Weekly Progress Report Benefits of Managing by Project Project Progress Report and KPIs Financials Implementation ABC Corporation Amy Marlin In Trouble 2 key roles to be staffed 31-Mar-2001 30-Apr-2001 1872 4504 45% 48% 194,578 413,340 361,000 356,500 -16% 28% -7 Project Customer Project Manager Progress Status Highlights Original Completion Date Estimated Completion Date Labor Hours to Date Labor Hours EAC % Complete Earned Value Actual Cost to Date Forecast Cost Prior Forecast Cost Budget Cost Forecast to Budget Cost Variance % Forecast Margin % Forecast to Budget Margin Variance Activity Responsibility Overall Status Financial Accountability and Control Margin at Project Level (for contract projects) Progress
Progression of Project Management Project Accounting and project management Enterprise project management Collaborative Project Management
Progression of Project Management Project Accounting and Project Management Enterprise Project Management Collaborative Project Management
A genda ° Managing by Project Recognizing Project Organizations Challenges of project Organizations Best practice Infrastructure Communication Best Practice Organization an Capital Project hR Leadership
Agenda Managing by Project Recognizing Project Organizations Challenges of Project Organizations Best Practice Infrastructure & Communication Best Practice Organization and Human Capital Project HR & Leadership
Types of Project Organizations Service Firms and lines of business Enterprise focused on providing service to other companies /Consulting, Engineering &Construction, Staffing, Advertising Services LOB within a larger enterprise Development, Implementation Services in Product Company Service Departments Within an Enterprise Departments that provide services to other organizations within the enterprise //T, Marketing, Research& Development, Capita/ improvements, Training/ Every company has Project Organizations in their structure
Types of Project Organizations Service Firms and Lines of Business – Enterprise focused on providing service to other companies (Consulting, Engineering &Construction, Staffing, Advertising) – Services LOB within a larger enterprise (Development, Implementation Services in Product Company) Service Departments Within an Enterprise – Departments that provide services to other organizations within the enterprise (IT, Marketing, Research & Development, Capital Improvements, Training) Every company has Project Organizations in their structure