M14-PM & OCM Flashcards
WHAT is project management
using specific knowledge, skills, tools and techniques to deliver something of value to people
what is a project
constructing a building, relief effrots, expanding sales to new market
characteristics of a project
- temporary effort
-has a beginning and end
-has a team a budget a scheudle - have a set of expectations
-each is unique and non daily operations - they reach a conclusion once the goal is achieved
who are project managers
- change agents
- make projects goals their own
- use skills and expertise to inspire a team
two evolutions of project managers
program maners , or portforlio manager
program manager
manages multiple related projects
portfolio manager
responsible for selection, priorirtizianton, and and alignment of projects and programs
project management structure/exection EXAMPLES
1- project teams
2- project working groups
3- project steering committees
4- projects can be part of a program (Related)
what is project planning
detailed planning that generates answers to business questions
-> answers why wea re doing project and what project will accomplish for busiesns
what is key project collateral
- defined project objectives and scope
-project charter
-project plan
-PERT
-GANTT CHART
what is project charter
concise writen description of the intended work
what is project plan
activiteis, scheudle, time estimates, cost estimates, risk factors
what is PERT
PROJECT tasks, relations,a dn dependencies
in sourcing
use internal expertise to develop and maintain
what is outsourcing
onshore
nearshore
offshore
why outsource
focus on core competencies, get financial savings, have rapid growth/speed to amrket
what is OCM
Organizational change refers to the actions in which a company
or business alters a major component of its organization, such as
its culture, the underlying technologies or infrastructure it uses
to operate, or its internal processes.
* Organizational change management is the method of leveraging
change to bring about a successful resolution, and it typically
includes three major phases: Preparation, implementation, and
follow-through.
what drives org change
The implementation of new technology, or major changes in
existing technology
* The adoption of new business models, which could be driven
by Mergers & acquisitions, dispositions etc
* Shifts in the organizational division, department, and/or team
structure
* Changes in leadership of the company or within departments
types or org change
adaptive:
—Small, incremental changes evolving over time
—Minor adjustments or modifications that can be fine-tuned and implemented to execute
on business strategie
trasnfrotamional:
-large scale and scope
-can be a shift in mission strategy, company/team structure, people, or business
processes
—Substantial time, resources and energy to enact
—Often driven by external forces, competitors as an example
why is ocm important
- Organizational change is necessary for companies to succeed and grow
- Change management drives the successful adoption and usage of change within
the business. It allows employees to understand and commit to the shift and work
effectively during it - Without effective organizational change management, company transitions can be
rocky and expensive in terms of both time and resources - They can also result in lower employee morale and competent skill development
- Ultimately, a lack of effective change management can lead the organization to fail
how to prepare for ocm
- Define the organizational change, understand it, and gain support
from colleagues and stakeholders - Create a roadmap that clearly articulates and measures success, and
explains how everyone will be affected - Ensure the process plan aligns with business goals
- Outline the implementation and sustainability
- Know what challenges may arise
- Be sure to celebrate small victories along the way
step by step guide to org change
- Get a tangible, realistic vision
- Embrace change management
- Get constant feedback from your teams
and employees - Use the right tools
- Lead the project with top leadership skills
- Communicate as effectively as possible
