Showing posts with label Processes. Show all posts
Showing posts with label Processes. Show all posts

Wednesday, December 2, 2015

Every (Failed) Project Has ‘Success' Story To Tell


#SridharPeddisetty #LessonsLearned #Management #Project #BestPractices #Agile #ProjectManagement 

A 24 year old boy seeing out from the train’s window shouted…
“Dad, look the trees are going behind!”
Dad smiled and a young couple sitting nearby, looked at the 24 year old’s childish behavior with pity,
suddenly he again exclaimed…
“Dad, look the clouds are running with us!”
The couple couldn’t resist and said to the old man…
“Why don’t you take your son to a good doctor?”
The old man smiled and said…
“I did and we are just coming from the hospital, my son was blind from birth, he just got his eyes today.
We should not judge too soon before knowing all facts as at times the truth might surprise you. Every single person on the planet is unique and has a story to share. Similarly, every project is unique and has a ‘success’ story to tell even if it failed to meet its objectives in the eyes of stakeholders. By definition, project is a temporary unique endeavor having start-end timelines with a defined scope & resources with planned set of interrelated tasks executed to accomplish goal(s). 
There are many means to measure the success and failure of a project but there is no strict line dividing between the two. For instance, a ‘successful' project could have exceeded the planned budget or went over scheduled delivery date or could even not have provided all the planned functionalities upon completion. Whereas a ‘failed’ project could have a release with all planned features but missed the critical market launch or could not align with the direction of new leadership team. Brian K Willard in his Project Success and Failures article has shared examples, which strengthens the point that success or failure of a project are subjective. 
In my earlier post, Why Sharing Lessons Learned Is Key For Matured PMO, I discussed why sharing 'lessons learned' across teams is one of the key aspects of a matured PMO in an Organization. A well organized exercise to document 'Lessons learned’ would include identifying the ‘success’ factors of a project and understand how to repurpose it for future or existing projects. Success factors that could be salvaged from a ‘failed’ project could be
  • An improvement to internal process(s) 
  • An improvement in technical skill(s) of the resource(s) 
  • An improvement to service(s) for the end customer 
  • An improvement to save cost in utilizing key resource(s)
The exploitation of knowledge and experience gained from completed projects is very critical for a matured organization and application of the same for continuous improvements.  

Summary

To summarize, do not judge a ‘failed' project too soon without getting specific facts for learning lessons. It's important to identify and share the ‘success’ value of a project even if it failed to meet its main strategic goals.
Remember not to throw the baby out with the bathwater!
Previous posts you might be interested in:

Monday, October 5, 2015

Value Stream Mapping As A Process Improvement Tool


#SridharPeddisetty #Agile #PMO #ValueStreamMapping #Lean #Kanban #Value #Stream #Mapping #BestPractices #ProcessImprovement  

“If you can't describe what you are doing as a process, you don't know what you are doing” 
― W. Edwards Deming

What is Value Stream Mapping?

Value Stream Mapping is a lean tool, which employs a flow diagram documenting in detail every step of a process. It is the fundamental tool to identify waste, reduce process cycle times, and implement process improvement.

Why use Value Stream Mapping?

Organizations no longer compete on product or service but they compete on experience of faster to market with quality results. In order to enable Organizations to achieve their strategic objectives, continuous improvement of the quality of products, services or processes must be ongoing. Value Stream Mappings help identify and eliminate source of waste in an Organization's development ecosystem. It is an invaluable technique to define the current state of a process and analyze it for opportunities to reduce time spent on non-value steps. 

How to use Value Stream Mapping?

Below is an example of how Value Stream Mapping was employed for identifying the wastes in current ‘As Is Process’ and then eliminating the wastes for improving the overall process in ’To Be Process’. 
In the Figure: ‘As Is’ Process, wastes in the process are marked by a triangle identifying where tasks are taking too long either by redundancy or following unecessary steps. Value Stream Mapping provides an opportunity to identify steps in the process, which provides value to the development process and those that do not. 

                                                        Figure: 'As Is’ Process
In the Figure: ‘To Be’ Process, wastes are eliminated and Value Stream Mapping is applied to create a future state process that reduces total cycle time


                                                      Figure: ‘To Be’ Process

Summary

Apply the method of Value Stream Mapping to an inefficient process within your organization and learn how to calculate the efficiency of a process from end-to-end. Learn to diagram the 'As Is' process to identify areas of waste and then develop the 'To Be' process that reduces total cycle time. An organization's ability to learn, and translate that learning into action rapidly, is the ultimate competitive advantage and Value Stream Mapping is the tool for providing that efficiency in process improvement. 
"Without continual growth and progress, such words as improvement, achievement, and success have no meaning"- Benjamin Franklin
Value Stream Mapping As A Process Improvement Tool was originally posted under Prokarma Blog on Oct 5th 2015

Friday, August 15, 2014

Portfolio Management Knowledge Areas, Process Groups & Processes

As mentioned in previous My Lessons Learned for (PfMP)® Exam blog post, I am sharing Portfolio Management Knowledge Areas, Process Groups & Processes for quick reference. 
You can download PDF version from my PfMP folder in box.net