GR1 - Governance Arrangements Flashcards

1
Q

Why do organisations need to change?

A
  1. New government policies or initiatives (legislation & policies)
  2. Meeting new standards (new legislation & improving services or products offered)
  3. Improving competitiveness
  4. Changes in technology
  5. Upgrading systems or tools
  6. Gaining more market share
  7. Customers’ changing expectations
  8. More efficient in use of resources
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2
Q

What happens if an organisation doesn’t change?

A

-it would stagnate…
-could lead to failure
-customers would move on
-it would not meet the relevant standards
-may be penalised

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3
Q

What would need to be changed in an organisation?

A

-what we work with
-the tools used
-who we use as suppliers
-how we communicate w/ customers, suppliers & other stakeholders
-how organisation is structured
-the organisation’s culture (how we behave, when & where we work)

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4
Q

How do we deliver change in an organisation?

A

-through projects

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5
Q

What is a Project?

A

-a unique piece of work, with a start & end point
-specific objectives
-often has a cross-functional team
-have constraints to work around
-have targets to achieve
-enables change
-delivers an output or deliverable

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6
Q

What are the objectives of a project (6)?

A

-scope
-quality (standards)
-cost
-time (scale)
-risks
-benefits

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7
Q

What is scope (objectives)?

A

-describes what the project has to deliver & all the work involved in doing it (what will or will not be delivered)
-delivered to stated standard known as ‘quality’

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8
Q

What is quality (objective)?

A

-the standard we require
-how good does it have to be?

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9
Q

What is cost (objectives)?

A

-the budget (a constraint)

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10
Q

What is time (objectives)?

A

-duration of the project (a constraint)

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11
Q

What are risks (objectives)?

A

-delivering something new/different
-amount of risks prepared to accept dependent on the relative importance of the other objectives of time, cost & quality

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12
Q

Project pyramid objectives…

A
  • Quality
    / \
    / \
    / \
    Scope - - / - - safety - \ - - Risk
    / \
    Cost ———————– Time
    Benefits
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13
Q

What are the benefits?

A

-the purpose of the work
-benefits usually realised post project (after project ends) when the final deliverables have been handed to customer
-they are outside the scope of a project

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14
Q

Who realises the benefits?

A

-the business areas concerned will BUT the SPONSOR needs to make sure that happens
-needs to manage the change of the projects’ outputs into every day use

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15
Q

How are benefits achieved?

A

“Benefits are achieved by the business using the outputs of the project”

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16
Q

What is important about safety?

A

-it shouldn’t be compromised to achieve one of the other objectives
-reduce risk to acceptable level (as low as reasonably practicable)
-conduct risk assessment

17
Q

Project? (Bok Definition)

A

“A unique, transient endeavour undertaken to bring about change & to achieve planned objectives”

18
Q

Project Management? (Bok Definition)

A

“The application of processes, methods, knowledge, skills & experience to achieve specific objectives for change”
-making it happen & driving plan forward (scope delivered to right standards, on time, on budget, safely & having taken into consideration the risks such that the end result is capable of being used by the customer to realise the benefits)

19
Q

What does Project Manager have to ensure?

A

-the project team have the required information & resources, & are in a position to start upcoming work

20
Q

When does the change in a project happen?

A

-once output created, needs handing over to operational environment
-the use of this output in the operational environment is the change

21
Q

Why might users not adopt a new output?

A

-if not involved in defining the output, it might not meet their needs
-might object to how or when the output was released

22
Q

Why does the Project Manager need to engage with all stakeholders?

A

-to understand any objections & resistance
-to deal with the above during the project
-this ensures the important stakeholder engagement

23
Q

Programme? (Bok Definition)

A

“A unique, transient strategic endeavour undertaken to achieve beneficial change & incorporating a group of related projects & business as usual, or steady-state activities”
-
Change management & Benefits realisation (key difference w/ project vs programme)

24
Q

Programme Management? (Bok Definition)

A

“The coordinated management of projects & business as usual (or steady-state) activities to achieve beneficial change”