PROJECT MANAGEMENT CONGRESS 2015 Restructuring Greece: Project Managing the Challenge Πάνος Χατζηπάνος, Αθήνα, 5 Νοεμβρίου 2015 1 Making project management indispensable for business results.® • • • • Largest Project Management Organization in the world Finances a large part of global research on the discipline of project management Operates via PMI Chapters in 195 countries Publishes a wide range of Standards on various Project Management domains, having global coverage • Its certifications are acknowledged and respected worldwide – many organizations require them for career paths. PMI and the European Commission – latest cooperation (2014-2015) Research analysis on improving the life cycle management of European projects funded by the Commission’s Structural and Cohesion funds 2 10,788 PMI® Chapters - Global 4,456 3 Advocacy: Government Relations 4 Project Management as a Strategic Competency to improve performance in Public Administrations PPPM Model Framework Vision Mission Organizational Strategy and Objectives High-Level Operations Planning and Management Project Portfolio Planning and Management Management of On-Going Operations Management of Authorized Programs and Projects (Producing Value) (Increasing Value Production Capability) (Recurring Activities) (Change Activities) Organizational Resources 5 PPPM Model Framework Strategic Planning Management by Projects Management of Operations Portfolio Management Program Management Project Management Processes, Proven Practices, Tools, Metrics Organizational Project Management (OPM) 6 PPPM Model i.e. effective project management Integrates… People Processes Organization …across all functions and stakeholders to improve administrative capacity and deliver value for money. 7 PPPM Model Quality Assurance Start on the path to maturity Connect PM to strategy, enable industry comparisons Enable highly focused improvement Standardise Strategise Optimise PMI Standards Benchmark Council Practice Improvement Assessment (CPIA) OPM3 ProductSuite® Compare practices to the PMBOK® Guide & Standard for Program Management Utilize the Standard for Portfolio Utilize Organizational Project Management. Benchmark Management. Compare to PMI’s against Best-in-Class Global OPM3® Model Organisations Benefits Realisation 8 9 FOCUS ON FUNDAMENTALS – CULTURE: High Performing Organizations Create a Culture of Project Management FOCUS ON FUNDAMENTALS – TALENT: High Performing Organizations Focus on Talent Management FOCUS ON FUNDAMENTALS – PROCESS: High Performing Organizations Focus on Process Source: PMI 2015 Pulse of the Profession® 10 Pulse of the Profession® Source: PMI 2015 Pulse of the Profession® 11 Source: PMI 2015 Pulse of the Profession® 12 Project Management as a Strategic Competency to Improve Performance in Public Administrations Variable Capacity to Implement E.U. Cohesion Policy Has Been Identified Study on "Implementation of cohesion policy, 2014-2020: Preparations and administrative capacity of Member States" Metis GmbH, Vienna, Austria 13 2014 PMI Pulse of the Profession® 14 Incentive for Using Project Management High Performers Waste 12 Times Less than Low Performers Low Performers €230M High Performers €20M Average Wasted in Europe Euros wasted per €1 billion spent Euros wasted per €1 billion spent €151M Euros wasted per €1 billion spent vs. €109M globally Projects not meeting goals X percentage of failed project budget lost = € wasted Source: Mark A. Langley, President & CEO, PMI Presentation to EC, 6 February 2015 © 2015 PMI. All Rights Reserved. 15 Project Outcomes Lag in Europe Completed on Time 47% Budget Lost 36% High Performers Active Sponsors vs. 51% globally vs. 30% globally 8% vs. 12% globally 53% vs. 63% globally Source: Mark A. Langley, President & CEO, PMI Presentation to EC, 6 February 2015 © 2015 PMI. All Rights Reserved. 16 EU member states Governments Lag in PM Capability Understand Value of PM 39% High PM Maturity 10% Effective at Change Management vs. 54% globally vs. 18% globally 12% vs. 21% globally Source: Mark A. Langley, President & CEO, PMI Presentation to EC, 6 February 2015 © 2015 PMI. All Rights Reserved. 17 Three Imperatives Improve Chances of Success With Government-led Projects Focus attention on critical initiatives Use s.m.a.r.t. and simple formalized processes Foster talent and build capabilities Source: Mark A. Langley, President & CEO, PMI Presentation to EC, 6 February 2015 © 2015 PMI. All Rights Reserved. 18 8 Focus Attention on Critical Initiatives Use roadmaps and milestones to enable a focus on critical initiatives 4 2 3 1 Source: Mark A. Langley, President & CEO, PMI Presentation to EC, 6 February 2015 © 2015 PMI. All Rights Reserved. 19 Use Smart & Simple Processes Implement “minimum sufficient” process, control, information and reporting that enables executive sponsors to have the largest and quickest impacts Executive Sponsors Supported by regular progress reports 100% 80% 73% 66% 61% 60% 40% 20% 0% Project met goals Extremely well/Very well Somewhat well Not very well/Not at all PMI’s 2014 Pulse of the Profession® In-Depth Report on Executive Sponsors Source: Mark A. Langley, President & CEO, PMI Presentation to EC, 6 February 2015 © 2015 PMI. All Rights Reserved. 20 Foster Talent & Build Capabilities Improve professionalism by developing and rewarding project managers the same as any other high-value profession Two-thirds of organisations say that technical skills are hardest to find but easiest to teach 85% of organisations say that leadership skills are not as teachable but 66% say they are most important for success in project management Source: Mark A. Langley, President & CEO, PMI Presentation to EC, 6 February 2015 © 2015 PMI. All Rights Reserved. PMI’s 2013 Pulse of the Profession® In-Depth Report on Talent Management 21 Foster Talent • The paramount part of project management is, people. • People aligned to a common objective and following a common route to reach it – PRINCIPLES & PROCESSES. Projects are built by people, for people, through people. • One should never compromise on people… But one always does… 22 Σας ευχαριστώ πολύ για την προσοχή σας! 23