Volume 2 Fall 2001

WISDM CORPORATION
 
WISDM Corporation Newsletter/Fall 2001
 
Special points of interest:
One Key to Success  
In This Issue:

FEATURE ARTICLE

One Key to Success, Page Two


WISDM NEWS
WISDM and WorkSource

CLIENT STORIES
Microsoft PM Engagement

DOWNLOAD NEWLSETTERS AND COMPANY
Brochures

QUOTE OF THE MONTH

A project is an organization with an end date. It has all the dimensions of any ongoing business: strategy, products, processes, structure, information, technology, people, infrastructure, and culture. An organization exists to provide products and services to its customers. Likewise, a project is created to develop and/or improve some aspect of its sponsoring organization (business processes, application systems, etc). The result of the project is its product or service. As project manager, your role is like that of the CEO. Your sponsor is the chairman of the board. And your team leads are your department heads.
The challenge during the initial phase of a project is to put all the organizational dimensions in place quickly. If you don’t do it at the beginning of the project, you’ll pay for it downstream.

Below, we define what we mean by each dimension of a project, and suggest who should be involved in establishing each.

Project Strategy: Strategy should answer the question “Why are we doing this and what’s our overall approach?” A project’s strategy must be aligned with the organization’s strategy. The project is at risk if stakeholders can’t see what benefit the project brings to the organization. Project strategy is best formulated by the sponsor, key stakeholders, and the project manager. Working as a team, they can develop the “business case” for the project and consider alternate approaches for undertaking the endeavor.

Project Products: The project is in place to create or change something about the sponsoring organization. This could be a new subsidiary, a new business process, or a new application system. It could also be enhancements to existing processes or applications. The end result of the project is the “product” it delivers to the sponsoring organization. The project’s result must be clearly defined at the strategic level (or conceptual level) during project initiation, and it becomes much clearer as requirements are defined, the design is developed, and so on. Again, the project sponsor, key stakeholders, and the project manager work as a team to develop the conceptual definition of the project’s end results.

[continued page two]


   
Home ] Wisdm and WorkSource ] Microsoft PM Engagement ] Quote of the Month ]