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Topic : Construction Project Management
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Started by : Ashwin Reddy, PM, Infosys   11 20 2008 12:55:52 +0000
Industry : Management & Strategy ConsultingFunctional Area : Project Management(Technology)
Activity:  197 views;  last activity : 07 06 2010 20:18:09 +0000

Most of the companies are already following project management best practices and they are at mature stage.

But how can they get better and manage the project cheaper than before??

What should the companies do in achieving this??? 

How can companies get better at Project Management ???

 
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1 2 3 4 5
1 Project Mangement training
2 project management right from institute.
3 Project Postmortem - Study, Analysis and Sharing ...!!!
4 Time and Cost
5 Learn from others
6 Project sponsorship
7 Make others understand the value of Project Management
8 Implement PMBOK
9 Let the Project Management Process be Scrunized by the QA
10 PMO role expansion, SPM

Project Mangement training

idea posted by Kamalesh Tripathi Project Manager, Sapient Corporation
One should invest in Project Management training/learning to get better and better. As project management is evolving the frame work and standards that help you understand the principles, skills, tools and knowledge should be constantly updates and I would recommend reading PMBOK guide.
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by Sonal Singh, Project Manager, Nortel Networks  | 08 07 2009 14:08:39 +0000

Mr. Krishna is right. Project management involves continous learning and training the team for improvements.

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Project management is dymanic process ,involve continous learning and training the team for improvements.

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Project Management training is a very important one for training the Project managers, so that they achieve the best, when the ideas are put to use. I support this idea.

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project management right from institute.

idea posted by SB DIKSHIT STATE QUALITY MONITOR, U.P.R.R.D.A

In my previously given idea for the similar debate that from instituions last year classes this should be taught by a retired person of an organisation or the new comer should be kept under probation ,many organisations are following this.

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I AGREE DUE IMPORTANCE SHOULD BE GIVEN IN CULTIVATING SKILLS OF PROJECT MANAGEMENT DURING STUDY PERIOD.HOW EVER THIS IS ALSO CUSTOMER ORIENTED TASK.OBJECTIVITY AND  TIME PARAMETER  IS KEY IN PROJECT MANAGEMENTS WHICH NEED HIGHLY OBJECT ORIENTED PLANNING, WITH VARIABLES AND ACCOMPLISHMENT WITH OPTIMUM RESOURCES.

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The argument of having the concept of Project Management right from the inception: from the graduation is the immediate necessity and should be included in every curriculum. The term Project ahs become more versatile and universal to every field starting from engineering to space sciences; from managing an event like picnic function to election campaigning the project management should be made part of study in every field since each field has its own needs; goals and targets;

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Project Postmortem - Study, Analysis and Sharing ...!!!

idea posted by M NITIN SHENOY, PMP, IPMA-D, CEng MICE Manager

Best Practices and Lessons Learned from past experiences to be studied, analysed, documented and shared among others for the following reasons:

1. Avoid repeatation of Mistakes

2. Utilization and enhancement of Best Practices

3. Continous Learning and Adaptation Culture building

4. Filling Knowledge Gaps

All the above efforts shall lead the organization and team towards better PM efforts in future...!!!

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ppm study and analysis is key part in project planning which gives modified idea in planning new stretage.Various reasons to cutdown project period  & cost may be concluded in this process.   

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Time and Cost

idea posted by Vinay Bhide AGM- Operations

Time and cost are the key yardsticks of all projects...

0
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Learn from others

idea posted by Ashwin Reddy PM, Infosys

Learning from what others are doing companies can become better than before.

It can also learn the past experiences....

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Project sponsorship

idea posted by Aravind Kumar Project Manager, i2 Technologies

I believe building and sustaining effective project sponsorship and governance is the fad in project management as executive sponsors sets the priorities for the project. Project managers have the authority to raise project management issues, but often don't have the authority to resolve them. 

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Make others understand the value of Project Management

idea posted by Mukti Barai Project Lead, HP

I would say start working to get others understand the real value of Project Management, since you are going to need them and their support if you want your company to get better in the field.

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Implement PMBOK

idea posted by Sabyasachi Gupta Product Manager, SSG Software Systems Pvt Ltd

Many companies have Implemented PMBOK - but - this idea was not documented here. We can extract Knowledge out of PMBOK, if a good clusty kind of semantic and context sensitive search canbe implemented.

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Let the Project Management Process be Scrunized by the QA

idea posted by Sabyasachi Gupta Product Manager, SSG Software Systems Pvt Ltd

Normally the deliverables are scrutinized by the QA but, never the Project Management process and its components starting from beginning to end (Risks and contingencies, assumptions, trend of handling situation, Follwoing established well accepted methods,...)

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PMO role expansion, SPM

idea posted by Dhananjay Raturi Head of the Department, XYZ

Since the question focuses on mature PM organizations, i am assuming that a PMO(Project Management Office) is already in place.The next steps could be:

1. Conduct an Organizational Project Management Maturity Assessment(like OPM3).This would help you in identifying the next good(best) practices to incorporate as well as improving upon the existing ones based on the gap analysis.

2.Expand the role of the PMO(like optimizing/introducing resource management,cost engineering functions etc.) or transforming a weather station PMO to a control tower PMO

3.Explore Strategic Project Management & Project Portfolio Management

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