SMART Management™ What goes wrong on projects Francis Hartman PhD FEIC MIMgt PEng Teleconference Calgary, April 2001 © Francis Hartman 2001 Agenda Do we have a problem here? What SMART Management is Why it works better Some examples © Francis Hartman 2001 Do we have a Problem? Time to commute? Buy me a car . . . A typical family outing . . . Getting a haircut . . . The IDAHO test © Francis Hartman 2001 Predictions . . . 2001 © Francis Hartman 2001 What is so different? 2 Technology Complexity (merging, competing, partnering…) Uncertainty, harder to predict outcomes Better Business relationships Can we learn from this? Needed Predictability Better Results © Francis Hartman 2001 Why SMART PM? Faster and Cheaper Projects Higher end-customer satisfaction Lower team Stress and turnover Better quality and creativity Easier to make mid-course corrections Eliminate “wrong” Projects Reduce rework and “churn” © Francis Hartman 2001 The PM “Stuff” CPM Power Passion Power Just-go-do-it - the Strategy disconnect PM is technical and tactical - career limiting, so not the best? Lots of Detail - lose the big picture Measure the wrong stuff! © Francis Hartman 2001 Management made Wrong STUPID Cycle Promise and Lie Team of Superheroes Punish the innocent, Reward the Uninvolved Blame Confirm the Lie Delivery and Lie some more . . . © Francis Hartman 2001 Management made RIGHT - SMART Cycle Project Objectives Learning Completion Project Team Project Charter Project Delivery © Francis Hartman 2001 Are we SMART today? INSANITY Optimism Comp’cy Panic Anger Concept Dev’t Design Impl’n Hate Disapp’t Optimism Accept Operation Concept © Francis Hartman 2001 SMART™ Program Charter... S.B.S 3 Questions 3-D Schedule Mission KRAs Decision Process Process Process Deliverable Deliverable Deliverable Deliverable Deliverable Deliverable P/L/O/T P/L/O/T Won,Done, Who Decision P/L/O/T Process P/L/O/T (Stakeholders) Deliverables Exclusions Needs Needs Needs Carley Graph or P.E.V. t $ RACI+ Chart Project Details O Deliverable O Gantt Chart O People/Roles O Plus... © Francis Hartman 2001 Deliverable Needs Priority Triangle $,t,Q Risk Management O Impact O Probability O Controllability O Monte Carlo Simulation O Register O Mitigation Plan O Contingency Mgt. © Francis Hartman 2001 Priority Triangle Time Performance X Cost © Francis Hartman 2001 Alignment with 3 Questions Who? Won? Done? © Francis Hartman 2001 Putting it together. . . Creativity Trust Fun RiskOpen Communication taking Ownership © Francis Hartman 2001 Tribalism Icons Icons are specific to a user Summary of status of their span of control Sensitivities set by user Driven by business not by procedure Currency maintained through time-outs © Francis Hartman 2001 Preview: SMART Trust Model - 1 Emotional Unconscious (Irrational) Competence Evidence based (Stable) © Francis Hartman 2001 Ethical Experiential (Volatile) SMART Management Matrix GAS - HOT LIQUID - WARM SOLID - COLD Intuitive Enterprise Future Social Competence WINNER Societal Cultural (Knowledge) Business Integrity Process Commerce (Procedure) Political Tools Delivery Technology (Tools) Technical Competence * Inspired by and Adapted from Jennifer Krahn **Developed with input from Elke Romahn CONTACT: fhartman@mobile.rogers.com Tel:(403)239-0207 Cel: (403)667-7338 Program Master (Lead) Vs=f(R+Ef(S)) Today’s CHANGE Journeyman Vs=f(R+E) Project Stable OPS. (Comply) Apprentice (Follow) Vs=f(R) R = Return; E = Expected Return; S = Shadow Expectation Francis Hartman Holdings Ltd. 2001 Summary Strategies are just large programs or projects Manage objectives in a business as Deliverable Items Use rolling wave budget and planning approaches - so you can roll with the punches Be SMART and Keep it Simple... © Francis Hartman 2001 Released in April 2000 PEOPLE SAY: •A better way •It is so simple •I am using it already PEOPLE KNOW: •SMART Saved us over $60 million on the first project •…expect over 25% cost and time reduction •Savings are only the beginning… Amazon.com top 2% since publication © Francis Hartman 2001 Any questions? © Francis Hartman 2001 Who has used S.M.A.R.T. ? Shell Nortel Amoco Terradyne Titan Electric Agra Monenco Mobil Syncrude PanCanadian Banff Centre for Arts Carewest C.R.H.A. Glenbow Museum O.E.C.D. SNC-Lavalin Imperial Oil Vanbots Digital R.S.I. Nowsco KPMG Alliance Pipeline Prairie Coal Revay and Assoc. Nova Chemicals TransCanada Pipelines C.D.C. Infotech Banff M’g’t Centre . . . and numerous other companies and individuals involved in the development of SMART Project Management™ © Francis Hartman 2001