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	<title>share to gain &#187; Project management</title>
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	<link>http://www.sharetogain.com</link>
	<description>&#34;By Sharing We All Gain&#34;</description>
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		<title>Project Risk Management</title>
		<link>http://www.sharetogain.com/2010/02/project-risk-management/</link>
		<comments>http://www.sharetogain.com/2010/02/project-risk-management/#comments</comments>
		<pubDate>Thu, 04 Feb 2010 20:41:10 +0000</pubDate>
		<dc:creator>craigdcrook</dc:creator>
				<category><![CDATA[Change Management]]></category>
		<category><![CDATA[homeSubFeatured]]></category>
		<category><![CDATA[Project management]]></category>
		<category><![CDATA[#PRM]]></category>
		<category><![CDATA[#TQM]]></category>
		<category><![CDATA[mike krouse]]></category>
		<category><![CDATA[project risk management]]></category>

		<guid isPermaLink="false">http://www.sharetogain.com/?p=1740</guid>
		<description><![CDATA[facilitated by Mike Krouse, PMP &#8212; Lincoln Financial Great session this morning &#8211; lots of Q&#38;A&#8230; lot&#8217;s of value! Here&#8217;s the presentation Mike used &#8212; special thanks to Bill Muirhead, PMP of Alpine Electronics &#8211; who had a last minute conflict (and thanks to Mike for stepping up on short notice). Ed mentioned keeping the [...]]]></description>
			<content:encoded><![CDATA[<p>facilitated by Mike Krouse, PMP &#8212; Lincoln Financial</p>
<p>Great session this morning &#8211; lots of Q&amp;A&#8230; lot&#8217;s of value!  Here&#8217;s the presentation Mike used &#8212; special thanks to Bill Muirhead, PMP of Alpine Electronics &#8211; who had a last minute conflict (and thanks to Mike for stepping up on short notice).  Ed mentioned keeping the conversation going &#8212; feel free to comment and share with those who could not attend.</p>
<div id="__ss_3073670" style="width: 425px; text-align: left;"><a style="font:14px Helvetica,Arial,Sans-serif;display:block;margin:12px 0 3px 0;text-decoration:underline;" title="Project Risk Management 020410" href="http://www.slideshare.net/sharetogain/project-risk-management-020410">Project Risk Management 020410</a><object style="margin:0px" classid="clsid:d27cdb6e-ae6d-11cf-96b8-444553540000" width="425" height="355" codebase="http://download.macromedia.com/pub/shockwave/cabs/flash/swflash.cab#version=6,0,40,0"><param name="allowFullScreen" value="true" /><param name="allowScriptAccess" value="always" /><param name="src" value="http://static.slidesharecdn.com/swf/ssplayer2.swf?doc=projectriskmanagement020410-100204140334-phpapp02&amp;rel=0&amp;stripped_title=project-risk-management-020410" /><param name="allowfullscreen" value="true" /><embed style="margin:0px" type="application/x-shockwave-flash" width="425" height="355" src="http://static.slidesharecdn.com/swf/ssplayer2.swf?doc=projectriskmanagement020410-100204140334-phpapp02&amp;rel=0&amp;stripped_title=project-risk-management-020410" allowscriptaccess="always" allowfullscreen="true"></embed></object></p>
<div style="font-size: 11px; font-family: tahoma,arial; height: 26px; padding-top: 2px;">View more <a style="text-decoration:underline;" href="http://www.slideshare.net/">presentations</a> from <a style="text-decoration:underline;" href="http://www.slideshare.net/sharetogain">sharetogain</a>.</div>
</div>
<p>Handouts &amp; Other Tools:</p>
<ul>
<li><a href="http://www.slideshare.net/sharetogain/project-risk-threshold">Project Risk Threshold</a></li>
<li><a href="http://www.slideshare.net/sharetogain/risk-response-plan-template">Risk Response Plan Template</a></li>
<li>&#8220;Project Risk Management Bible&#8221; &#8211; <a href="http://www.amazon.com/Management-Tricks-Trade-Project-Managers/dp/0971164797">Risk Management, Tricks of the Trade &#8212; Rita Mulcahy</a></li>
</ul>
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		<item>
		<title>Revolution or Evolution?</title>
		<link>http://www.sharetogain.com/2009/12/revolution-or-evolution/</link>
		<comments>http://www.sharetogain.com/2009/12/revolution-or-evolution/#comments</comments>
		<pubDate>Mon, 28 Dec 2009 16:30:36 +0000</pubDate>
		<dc:creator>craigdcrook</dc:creator>
				<category><![CDATA[Change Management]]></category>
		<category><![CDATA[Continuous Improvement - Lean / Six Sigma]]></category>
		<category><![CDATA[Customer Centered]]></category>
		<category><![CDATA[Decision Making/Analytics]]></category>
		<category><![CDATA[Entrepreneurship]]></category>
		<category><![CDATA[homeSlider]]></category>
		<category><![CDATA[Innovation]]></category>
		<category><![CDATA[Marketing /  Branding]]></category>
		<category><![CDATA[Project management]]></category>
		<category><![CDATA[David Kelley]]></category>
		<category><![CDATA[IDEO]]></category>
		<category><![CDATA[iterative design]]></category>
		<category><![CDATA[rapid prototyping]]></category>

		<guid isPermaLink="false">http://www.sharetogain.com/?p=1688</guid>
		<description><![CDATA[(Design as an iterative process) Our culture loves the idea of revolutionary movements &#8212; perhaps because it was the foundation of our country?  Revolutions are powerful and from time to time necessary&#8230; but it is disruptive to everyday life as it shakes foundations.  Consider an alternative &#8211; &#8220;fast evolution&#8221;, &#8220;rapid proto-typing&#8221; or &#8220;iterative design&#8221; for [...]]]></description>
			<content:encoded><![CDATA[<p>(<em>Design as an iterative process</em>)</p>
<p>Our culture loves the idea of revolutionary movements &#8212; perhaps because it was the foundation of our country?  Revolutions are powerful and from time to time necessary&#8230; but it is disruptive to everyday life as it shakes foundations.  Consider an alternative &#8211;<strong> &#8220;fast evolution&#8221;, &#8220;rapid proto-typing&#8221; or &#8220;iterative design&#8221;</strong> for designing new products, services and processes.  Listen to David Kelley of IDEO talk about this concept.</p>
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		<item>
		<title>Meetings, Where Minutes are Taken and Hours are Wasted!</title>
		<link>http://www.sharetogain.com/2009/06/meetings-where-minutes-are-taken-and-hours-are-wasted/</link>
		<comments>http://www.sharetogain.com/2009/06/meetings-where-minutes-are-taken-and-hours-are-wasted/#comments</comments>
		<pubDate>Fri, 26 Jun 2009 01:39:08 +0000</pubDate>
		<dc:creator>craigdcrook</dc:creator>
				<category><![CDATA[Change Management]]></category>
		<category><![CDATA[homeSlider]]></category>
		<category><![CDATA[Managing People]]></category>
		<category><![CDATA[Managing Self]]></category>
		<category><![CDATA[Project management]]></category>
		<category><![CDATA[effective meetings]]></category>
		<category><![CDATA[Meeting Management]]></category>
		<category><![CDATA[time management]]></category>

		<guid isPermaLink="false">http://www.sharetogain.com/?p=1380</guid>
		<description><![CDATA[July 30th, 2009 7:30 - 9:00
Mike Krouse is currently an IT Audit Manager for Lincoln Financial Group. In this role, he manages risk-based audits and the Sarbanes-Oxley 404 information technology testing.

Prior to joining IT Internal Audit, Mike managed Lincolns project management office (PMO). A few of the strategic programs/ projects managed my Mike include: 
Procure-to-Pay Business Process Outsourcing
Anti-Money Laundering Compliance
e-2 Utilization Program
Acquisition of Alden Risk Management Services
Century Readiness Initiative (Y2K)

Certifications: CGEIT, CISA, PMP, FLMI, ACS
Association Affiliations: IIA, ISACA, PMI
VP of Finance for Northeast Indiana Chapter of PMI
FWCS Study Connection volunteer]]></description>
			<content:encoded><![CDATA[<p>POST SESSION</p>
<p>Thanks for a great presentation Mike &#8212; great reviews all around.  We&#8217;ll work on getting a portion or all of the video up soon.  For now here is the presentation for further review and discussion. See the end of the slide deck for some of the resources Mike mentioned and used in creating this presentation.</p>
<p><iframe src="http://docs.google.com/present/embed?id=dkrj82g_28c2qf4whn&#038;size=m" frameborder="0" width="555" height="451"></iframe></p>
<p>PRE SESSION</p>
<p>Mike Krouse has led many meetings in his roles at Lincoln &#8212; along the way, he&#8217;s learned many valuable lessons.</p>
<p><object classid="clsid:d27cdb6e-ae6d-11cf-96b8-444553540000" width="425" height="344" codebase="http://download.macromedia.com/pub/shockwave/cabs/flash/swflash.cab#version=6,0,40,0"><param name="allowFullScreen" value="true" /><param name="allowScriptAccess" value="always" /><param name="src" value="http://www.youtube.com/v/7_Af1Z2QkKA&amp;color1=0xb1b1b1&amp;color2=0xcfcfcf&amp;hl=en&amp;feature=player_embedded&amp;fs=1" /><param name="allowfullscreen" value="true" /><embed type="application/x-shockwave-flash" width="425" height="344" src="http://www.youtube.com/v/7_Af1Z2QkKA&amp;color1=0xb1b1b1&amp;color2=0xcfcfcf&amp;hl=en&amp;feature=player_embedded&amp;fs=1" allowscriptaccess="always" allowfullscreen="true"></embed></object></p>
<p>Join us at this session:</p>
<p><span style="color: #551a8b;"><span> http://bit.ly/DHk8L</span></span></p>
<p>July 30th, 7:30 &#8211; 9:00</p>
<p>TQM Training Center<br />
825 Barr Street, Fort Wayne, IN</p>
<p>Check back after the event for higlights of the session!</p>
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		<item>
		<title>Getting Things Done!</title>
		<link>http://www.sharetogain.com/2009/03/getting-things-done/</link>
		<comments>http://www.sharetogain.com/2009/03/getting-things-done/#comments</comments>
		<pubDate>Thu, 05 Mar 2009 06:48:53 +0000</pubDate>
		<dc:creator>craigdcrook</dc:creator>
				<category><![CDATA[Change Management]]></category>
		<category><![CDATA[Continuous Improvement - Lean / Six Sigma]]></category>
		<category><![CDATA[Leadership]]></category>
		<category><![CDATA[Managing People]]></category>
		<category><![CDATA[Managing Self]]></category>
		<category><![CDATA[Project management]]></category>
		<category><![CDATA[Strategy & Execution]]></category>
		<category><![CDATA[david allen]]></category>
		<category><![CDATA[Getting Things Done]]></category>
		<category><![CDATA[gtd]]></category>
		<category><![CDATA[stress reduction]]></category>

		<guid isPermaLink="false">http://www.sharetogain.com/?p=1012</guid>
		<description><![CDATA[David Allen, author of "Getting Things Done," one of the best-selling productivity books of all times joins Robert Scoble to talk about the future of work and how to make the most of productivity while minimizing stress. Allen also talks about his upcoming GTD Summit.]]></description>
			<content:encoded><![CDATA[<div id="node_created">David Allen, author of &#8220;Getting Things Done,&#8221; one of the best-selling productivity books of all times joins Robert Scoble to talk about the future of work and how to make the most of productivity while minimizing stress. Allen also talks about his upcoming GTD Summit.</div>
<div>Check out this 30 minute video:</div>
<p><object width="480" height="285" data="http://twistage.fastcompany.tv/plugins/player.swf?v=63d6059be9674&amp;p=fctv_social_480x270" type="application/x-shockwave-flash"><param name="id" value="embedded_player" /><param name="allowfullscreen" value="TRUE" /><param name="allowscriptaccess" value="always" /><param name="base" value="http://twistage.fastcompany.tv" /><param name="src" value="http://twistage.fastcompany.tv/plugins/player.swf?v=63d6059be9674&amp;p=fctv_social_480x270" /></object></p>
<p>Other David Allen Resources:<br />
<a href="http://www.businessweek.com/managing/content/mar2009/ca20090310_589525.htm">Twitter Time Management</a></p>
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		<item>
		<title>Defining Team Roles</title>
		<link>http://www.sharetogain.com/2009/02/defining-team-roles/</link>
		<comments>http://www.sharetogain.com/2009/02/defining-team-roles/#comments</comments>
		<pubDate>Fri, 06 Feb 2009 08:41:01 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Managing People]]></category>
		<category><![CDATA[Project management]]></category>
		<category><![CDATA[Body language]]></category>
		<category><![CDATA[Communication]]></category>
		<category><![CDATA[Culture]]></category>
		<category><![CDATA[Emotional intelligence]]></category>
		<category><![CDATA[Intelligence]]></category>
		<category><![CDATA[Language]]></category>
		<category><![CDATA[Psychology]]></category>
		<category><![CDATA[Social Sciences]]></category>

		<guid isPermaLink="false">http://www.sharetogain.com/?p=790</guid>
		<description><![CDATA[contributed by Network Member, Deborah Miller Defining the roles, understanding the role responsibilities, and agreeing on who will handle that role is an essential first step in any project. Clearly defining employee roles on your team is vital to project efficiency and success. When team members understand their roles, they will be more productive and [...]]]></description>
			<content:encoded><![CDATA[<p>contributed by Network Member, <a href="http://www.deborahcmiller.com/about/">Deborah Miller</a><img src="http://www.sharetogain.com/wp-content/uploads/2009/02/teamrolesthumb.jpg" alt="teamrolesthumb" title="teamrolesthumb" class="alignright size-full wp-image-791" height="120" width="120"></p>
<p>Defining the roles, understanding the role responsibilities, and agreeing on who will handle that role is an essential first step in any project. Clearly defining employee roles on your team is vital to project efficiency and success. When team members understand their roles, they will be more productive and have a greater sense of buy-in and accomplishment. Role <a class="zem_slink" href="http://en.wikipedia.org/wiki/Definition" title="Definition" rel="wikipedia">definition</a> is particularly important with “virtual” project teams – working together but not in the same state, country or even continent — where lack of cohesive <a class="zem_slink" href="http://en.wikipedia.org/wiki/Culture" title="Culture" rel="wikipedia">culture</a>, <a class="zem_slink" href="http://en.wikipedia.org/wiki/Body_language" title="Body language" rel="wikipedia">body language</a> and non-<a class="zem_slink" href="http://en.wikipedia.org/wiki/Language" title="Language" rel="wikipedia">verbal</a> cues to enhance <a class="zem_slink" href="http://en.wikipedia.org/wiki/Communication" title="Communication" rel="wikipedia">communication</a> are missing.</p>
<p>When:<br />
Team leaders/project managers may want to predetermine each team role and responsibility prior to selecting the team member to fill that position. Or make assignments in the initial team meeting, taking time to assign roles and tasks to each member.</p>
<p>How:<br />
Don’t assume team members understand how to do the role they are assigned. Take time to clearly communicate expectations, boundaries, responsibilities and goals to each team member.  Allowing plenty of time for questions and clarification.</p>
<p>Why:<br />
Understanding the boundaries and expectations of a role provides support and <a class="zem_slink" href="http://en.wikipedia.org/wiki/Accountability" title="Accountability" rel="wikipedia">accountability</a> for team members in performing their tasks. Pre-defined roles also help to avoid conflicts, misunderstandings, and turf battles between team members and other employees.  In recent research (Feyerherm, A. E. &amp; Rice, C. L.:<a class="zem_slink" href="http://en.wikipedia.org/wiki/Emotional_intelligence" title="Emotional intelligence" rel="wikipedia">Emotional Intelligence</a> and Team Performance) team members generally report a greater sense of motivation, <a class="zem_slink" href="http://en.wikipedia.org/wiki/Job_satisfaction" title="Job satisfaction" rel="wikipedia">job satisfaction</a>, and team <a class="zem_slink" href="http://en.wikipedia.org/wiki/Group_cohesiveness" title="Group cohesiveness" rel="wikipedia">cohesiveness</a> when roles are defined.</p>
<p>See other articles by Deb at <a href="http://www.deborahcmiller.com">www.deborahcmiller.com</a><a href="http://www.sharetogain.com/wp-content/uploads/2009/02/teamrolesthumb.jpg"><br />
</a>
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		<item>
		<title>How &amp; Why I Passed the PMP Exam</title>
		<link>http://www.sharetogain.com/2009/01/how-why-i-passed-the-pmp-exam/</link>
		<comments>http://www.sharetogain.com/2009/01/how-why-i-passed-the-pmp-exam/#comments</comments>
		<pubDate>Wed, 14 Jan 2009 15:09:07 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Featured]]></category>
		<category><![CDATA[homeSubFeatured]]></category>
		<category><![CDATA[Project management]]></category>
		<category><![CDATA[A Guide to the Project Management Body of Knowledge]]></category>
		<category><![CDATA[Best practice]]></category>
		<category><![CDATA[Business]]></category>
		<category><![CDATA[Certification]]></category>
		<category><![CDATA[Computers]]></category>
		<category><![CDATA[Exam Prep]]></category>
		<category><![CDATA[Management]]></category>
		<category><![CDATA[PIM]]></category>
		<category><![CDATA[PMP]]></category>
		<category><![CDATA[Project Manager]]></category>

		<guid isPermaLink="false">http://www.sharetogain.com/?p=352</guid>
		<description><![CDATA[Written By Josh Nankivel originally published on PM Student I passed the PMP Exam recently, and wanted to share my experience in general. For those opposed to the PMP exam, please read before commenting, you may be surprised. In general: * Many questions involved picking the “best” of several correct answers * The technique of [...]]]></description>
			<content:encoded><![CDATA[<p>Written By <a href="http://pmstudent.com/how-and-why-i-passed-the-pmp-exam">Josh Nankivel originally published on PM Student</a></p>
<p>I passed the <a class="zem_slink" href="http://en.wikipedia.org/wiki/Project_Management_Professional" title="Project Management Professional" rel="wikipedia">PMP</a> Exam recently, and wanted to share my experience in general.  For those opposed to the PMP exam, please read before commenting, you may be surprised.<br />
<strong><br />
In general:</strong><br />
    * Many questions involved picking the “best” of several correct answers<br />
    * The technique of eliminating 2 answers first didn’t work in some cases…for many there were 3 correct answers to choose the “best” one from<br />
    * I don’t remember any questions that involved picking which answer is NOT correct<br />
    * There was a calculator program built into the <a class="zem_slink" href="http://en.wikipedia.org/wiki/Cognitive_behavioral_therapy" title="Cognitive behavioral therapy" rel="wikipedia">CBT</a> <a class="zem_slink" href="http://en.wikipedia.org/wiki/Computer_software" title="Computer software" rel="wikipedia">software</a>, was not allowed to bring in my own calculator (it may be different for you, I suggest you check with your examination place beforehand)<br />
    * I brought <a class="zem_slink" href="http://en.wikipedia.org/wiki/Bottled_water" title="Bottled water" rel="wikipedia">bottled water</a> and some light snacks, and took a break at least every 45 minutes.  It was good to just stare out the window and clear my mind of PMP-related thoughts for 5-10 minutes.<br />
    * It took me only 2 1/2 hours, but I could see how if you are not a native english-speaker it may take longer to interpret the questions properly.</p>
<p><strong>My preparation:</strong><br />
    * PM Prepcast (comes with some sample questions, study guide, etc.)<br />
    * <a class="zem_slink" href="http://en.wikipedia.org/wiki/A_Guide_to_the_Project_Management_Body_of_Knowledge" title="A Guide to the Project Management Body of Knowledge" rel="wikipedia">PMBoK</a> Guide (reference only, I never read through it)<br />
    * Using the concepts whenever possible on my project<br />
    * 2 weeks before the test, no more studying.  Only sample questions.  All the free sample questions I could find plus the ones I got with the PM Prepcast</p>
<p>I listened to the PM Prepcast on drives to and from work, and because he gives so many examples of real-world situations it helped me “internalize” the concepts so I really understood them.  I didn’t spend any time trying to memorize inputs and outputs, etc.  If there was something I needed to see, I made a mental note and then when I got to work or home I’d pull out the PMBoK guide and reference the section in question to better understand it.  For the most part, I just used the graphics and flowcharts in the PMBok guide for reference.</p>
<p><div id="attachment_355" class="wp-caption alignright" style="width: 160px"><a href="http://www.sharetogain.com/wp-content/uploads/2009/01/josh_mazaryk-300x232.jpg"><img src="http://www.sharetogain.com/wp-content/uploads/2009/01/josh_mazaryk-300x232-150x150.jpg" alt="Author &amp; His Son" title="josh_mazaryk-300x232" class="size-thumbnail wp-image-355" height="150" width="150"></a><p class="wp-caption-text">Author &amp; His Son</p></div><br />
<strong>What value did I get out of it?</strong><br />
The primary reason I did the PMP was so I can have it on my resume and not get it thrown in the trash before a potential employer even talks to me.  The PMBoK is a standard, not <a class="zem_slink" href="http://en.wikipedia.org/wiki/Best_practice" title="Best practice" rel="wikipedia">best practices</a>.  It’s a framework, not a methodology for how you should actually manage a project.  I know some have said that some firms actually screen out people if they have a PMP <a class="zem_slink" href="http://en.wikipedia.org/wiki/Certification" title="Certification" rel="wikipedia">certification</a>.  That is a very small number indeed, and truthfully I wouldn’t want to work with them anyway.  If someone ASSUMES incompetence on the basis of having earned a certification, then they are more consumed with their own ideological stance on the matter than hiring a qualified candidate.</p>
<p>No, the majority of employers who know anything about what the PMP is are screening for it, not against it.  Therefore, it is important to me from a pragmatic standpoint that I put myself in a position to best support my family with the value I bring to the firms I work with.  The PMP is but one of many things I’ve done and continue to do in order to market my skills and value effectively.  I understand that this certification does not certify me as a <a class="zem_slink" href="http://en.wikipedia.org/wiki/Project_manager" title="Project manager" rel="wikipedia">project manager</a>, nor does it certify any level of competency.  I think it’s a signal that I have a minimum level of knowledge about <a class="zem_slink" href="http://en.wikipedia.org/wiki/Project_management" title="Project management" rel="wikipedia">project management</a> and have some familiarity with formal practices laid out in the PMBoK standard.</p>
<p>Now, the primary benefit I’ve received was NOT as a result of earning the certification.  It was during the process of studying for it and applying the concepts in my day job, alongside other frameworks and <a class="zem_slink" href="http://en.wikipedia.org/wiki/Methodology" title="Methodology" rel="wikipedia">methodologies</a> and specific processes necessary for my project’s situation.  When I wrote a management plan that was not in line with the PMBoK, I understood exactly how and why, and that there’s nothing wrong with that.  I can’t stress enough the value I received from the PM Prepcast.  I paid less than $50 for it, and it was worth at least $500 to me.  It was so much better than any boot camp, training class, or prep book.  Those things mostly focus on memorization or take a lot of time and money.  I studied while I was driving and got lots of real-world examples to bring the concepts to life.  I’m confident that if I took the PMP exam again a year from now, I’d pass it with no problem because I know this stuff, I didn’t just memorize it.</p>
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		<title>Tying Performance Metrics to Business Strategy</title>
		<link>http://www.sharetogain.com/2008/12/tying-performance-metrics-to-business-strategy/</link>
		<comments>http://www.sharetogain.com/2008/12/tying-performance-metrics-to-business-strategy/#comments</comments>
		<pubDate>Tue, 30 Dec 2008 14:45:56 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Decision Making/Analytics]]></category>
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		<guid isPermaLink="false">http://www.sharetogain.com/?p=282</guid>
		<description><![CDATA[written by Travis Anderson, PMStudent Tying Performance Metrics to Business Strategy In the previous article, “Close the Gap between Projects and Strategy”, Johnson discusses drawing the gap closer between projects and strategy. Now we explore an article by Breakthrough Performance Management, which is about tying performance metrics to business strategy. Executive managers ask for reports [...]]]></description>
			<content:encoded><![CDATA[<p>written by <a href="http://pmstudent.com/tying-performance-metrics-to-business-strategy">Travis Anderson, PMStudent</a><br />
<img class="size-medium wp-image-283 alignright" title="chess_championship" src="http://www.sharetogain.com/wp-content/uploads/2008/12/chess_championship-300x225.jpg" alt="chess_championship" width="300" height="225" /><br />
Tying Performance Metrics to <a class="zem_slink" title="Strategic management" rel="wikipedia" href="http://en.wikipedia.org/wiki/Strategic_management">Business Strategy</a> In the previous article, <a href="http://pmstudent.com/close-the-gap-between-projects-and-strategy/comment-page-1#comment-4567">“Close the Gap between Projects and Strategy”</a>, Johnson discusses drawing the gap closer between projects and strategy. Now we explore an article by Breakthrough <a class="zem_slink" title="Performance management" rel="wikipedia" href="http://en.wikipedia.org/wiki/Performance_management">Performance Management</a>, which is about tying performance metrics to business strategy.</p>
<p>Executive managers ask for reports that show performance measures. Technical or key performance indicators are often displayed using dashboards and scorecards as a means to evaluate the health of the strategic plan. The problem presented in this article is that most organizations have a disconnect between corporate strategy and day-to-day activities. Therefore, organizations can measure performance, but they can’t manage it.</p>
<p>Breakthrough Business Performance indicates that some attributes that lead to the failure of executing strategy are poor definition, non-tangible, not clearly communicated, and <a class="zem_slink" title="Measurement" rel="wikipedia" href="http://en.wikipedia.org/wiki/Measurement">measurement</a> not focused on key drivers. Organizations are invited to adopt a discipline that links strategy execution with key <a class="zem_slink" title="Business process" rel="wikipedia" href="http://en.wikipedia.org/wiki/Business_process">business processes</a> through the management of 1) objectives, 2) initiatives, 3) resources, 4) risks, and 5) incentives. The theory is that organizations can manage performance by tying performance metrics, initiatives, resources, and risks to strategic objectives.</p>
<p>Some projects are required to use <a class="zem_slink" title="Earned value management" rel="wikipedia" href="http://en.wikipedia.org/wiki/Earned_value_management">Earned Value Management</a> (EVM) to manage performance on large scale high risk endeavors. EVM is a methodology used to integrate scope, schedule, and budget and uses objective performance measures to monitor progress. There are two types of effort that are measured, level of effort and discrete. Level of effort is often the administrative support such as general project management and other overhead type functions. Discrete effort involves the more tangible key drivers or objectives required for delivery at the end of the endeavor. A well designed earned value management system requires the responsible control account managers to clearly define the initiatives by depicting the particular objectives in a <a class="zem_slink" title="Work breakdown structure" rel="wikipedia" href="http://en.wikipedia.org/wiki/Work_breakdown_structure">work breakdown structure</a> dictionary. The dictionary will also house some of the high level risks or assumptions that may impact the outcome. The resources are presented in a basis of estimate artifact that explains the rationale behind the costs related to the initiatives. All of the appropriate scope, schedule, and cost artifacts are captured into one project management plan and performance measurement baseline as the basis for performance.</p>
<p>Using <a class="zem_slink" title="Project management software" rel="wikipedia" href="http://en.wikipedia.org/wiki/Project_management_software">project management software</a> tools such as Primavera P6, Deltek Cobra, and other <a class="zem_slink" title="Enterprise resource planning" rel="wikipedia" href="http://en.wikipedia.org/wiki/Enterprise_resource_planning">enterprise systems</a> have proven useful to organizations to obtain a more formal method of achieving <a class="zem_slink" title="Best practice" rel="wikipedia" href="http://en.wikipedia.org/wiki/Best_practice">best practices</a> for measuring and managing performance. One caveat is that investing in a specialty tool sets also means that organizations must invest in specialty experts to operate and maintain the system. The trick is striking the right balance between measurements vs. management. Integration management just happens to be one of many hats that project managers wear throughout the life of a project<br />
References</p>
<p>Breakthrough Performance Management: Tying Performance Metrics To Business Strategy.</p>
<p>(2005, January). Business Credit, Retrieved October 12, 2008, from EBSCO MegaFILE<br />
database.</p>
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		<title>5 Steps to Successful Project Management</title>
		<link>http://www.sharetogain.com/2008/11/5-steps-to-successful-project-management/</link>
		<comments>http://www.sharetogain.com/2008/11/5-steps-to-successful-project-management/#comments</comments>
		<pubDate>Tue, 18 Nov 2008 12:17:36 +0000</pubDate>
		<dc:creator>jamie</dc:creator>
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		<guid isPermaLink="false">http://www.sharetogain.com/?p=166</guid>
		<description><![CDATA[Author, Network Member, Deb Miller Projects come in all sizes and shapes.&#160; Some projects are highly complex and require a lot of effort to keep them on track.&#160; Less complex projects still require a certain level of communication and planning.&#160; Regardless of the complexity, project planning is a step-by-step process.&#160; Every project follows the same [...]]]></description>
			<content:encoded><![CDATA[<div><img class="size-medium wp-image-167" title="istock_000000657054xsmall" src="http://www.sharetogain.com/wp-content/uploads/2008/11/istock_000000657054xsmall-300x299.jpg" alt="" height="239" width="240"></div>
<p>Author, Network Member, <a href="http://www.deborahcmiller.com/">Deb Miller</a></p>
<p><a href="http://www.deborahcmiller.com/projects/">Projects</a> come in all sizes and shapes.&nbsp; Some projects are highly complex and require a lot of effort to keep them on track.&nbsp; Less complex projects still require a certain level of <a class="zem_slink" href="http://en.wikipedia.org/wiki/Communication" title="Communication" rel="wikipedia">communication</a> and planning.&nbsp; Regardless of the <a class="zem_slink" href="http://en.wikipedia.org/wiki/Complexity" title="Complexity" rel="wikipedia">complexity</a>, <a class="zem_slink" href="http://en.wikipedia.org/wiki/Project_planning" title="Project planning" rel="wikipedia">project planning</a> is a step-by-step process.&nbsp; Every project follows the same steps, the project complexity determines to what extent.</p>
<p><big><strong>Step 1:&nbsp; Define the Project</strong></big></p>
<p>If this step is not carefully undertaken, the end result may be disappointing at the very least, and expensive at its worst.&nbsp;&nbsp;Goals are defined in measurable terms.&nbsp; <a class="zem_slink" href="http://en.wikipedia.org/wiki/Business" title="Business" rel="wikipedia">Business</a> Needs are analyzed.&nbsp;&nbsp;A <a class="zem_slink" href="http://en.wikipedia.org/wiki/Project_charter" title="Project charter" rel="wikipedia">Project Charter</a> is written to&nbsp;reflect business need and&nbsp;goals, along with costs, deliverables, available resources&nbsp;and the schedule.&nbsp; Stakeholders are clearly identified.&nbsp; Stakeholders may include users, support personnel, managers and champions.</p>
<p><strong><big>Step 2:&nbsp; Plan the Project</big></strong></p>
<p>Many projects get bogged down here.&nbsp; Either the organization spends too much time worrying about the details or not enough.&nbsp; Effective project design depends on a balance of both.&nbsp;&nbsp;A good project design will: satisfy the business requirements,&nbsp;meet <a class="zem_slink" href="http://en.wikipedia.org/wiki/Quality_control" title="Quality control" rel="wikipedia">quality standards</a>, and&nbsp;fulfill time and budget constraints.</p>
<p><strong><big>Step 3:&nbsp; Execute the <a class="zem_slink" href="http://en.wikipedia.org/wiki/Project_plan" title="Project plan" rel="wikipedia">Project Plan</a></big></strong></p>
<p>But no plan is worthy without <a class="zem_slink" href="http://en.wikipedia.org/wiki/Capital_punishment" title="Capital punishment" rel="wikipedia">execution</a>.&nbsp; Or in terms of the <a class="zem_slink" href="http://en.wikipedia.org/wiki/Nike_%28mythology%29" title="Nike (mythology)" rel="wikipedia">Nike</a> commercial, &#8220;Just Do It!&#8221;&nbsp; This&nbsp;step requires skillful coordination of people and resources. &nbsp;Progress is carefully tracked.&nbsp; Deliverables are produced as promised.</p>
<p><strong><big>Step 4:&nbsp; Analyze Results and Implement Controls</big></strong></p>
<p>And no plan is flawlessly executed.&nbsp; Unforeseen difficulties will arise.&nbsp; In this step, problems with the <a class="zem_slink" href="http://en.wikipedia.org/wiki/Implementation" title="Implementation" rel="wikipedia">implementation</a> and design are identified and corrected.&nbsp; Once the project is determined to be effective, controls are put into place to ensure continued success.</p>
<p><strong><big>Step 5: &nbsp;Close the Project</big></strong></p>
<p>Closing out the project includes gaining formal acceptance of the project results, archiving the files and documenting lessons learned.&nbsp; Then communicate it to all stakeholders.</p>
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		<title>Quick Look Back at Tools Offered to Members</title>
		<link>http://www.sharetogain.com/2008/06/quick-look-back-at-tools-offered-to-members/</link>
		<comments>http://www.sharetogain.com/2008/06/quick-look-back-at-tools-offered-to-members/#comments</comments>
		<pubDate>Fri, 27 Jun 2008 14:26:31 +0000</pubDate>
		<dc:creator>jamie</dc:creator>
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		<guid isPermaLink="false">http://blog.tqmnet.com/?p=42</guid>
		<description><![CDATA[Recently I reviewed some of the tools and sessions we have held over the past few years. I am compiling a more complete list, however, just for fun here is a few of the things we have learned about: • Accident Investigation • Ergonomics Issues • Blood-borne disease • TRIZ • Value Stream Mapping • [...]]]></description>
			<content:encoded><![CDATA[<p>Recently I reviewed some of the tools and sessions we have held over the past few years.  I am compiling a more complete list, however, just for fun here is a few of the things we have learned about:</p>
<p>•	Accident Investigation<br />
•	Ergonomics Issues<br />
•	Blood-borne disease<br />
•	TRIZ<br />
•       Value Stream Mapping<br />
•	FMEA<br />
•	Legal Issues of Employment<br />
•	7 Habits for Highly Effective People<br />
•	Execution; Getting Things Done in the Real World<br />
•	Competing For Top Talent – Recruiting &amp; Retention<br />
•	Event Prep &amp; Facilitation<br />
•	Advanced Team Building Tools<br />
•	Power, Position &amp; Influence in Teams<br />
•	The Power of Listening<br />
•	Risk Communication<br />
•	Telephone Tactics<br />
•	How to Communicate Effectively – Even With Jerks!<br />
•	How to Get Heard in a Meeting<br />
•	Effectively Communicating Strategic &amp; Tactical Change<br />
•	Creating Win-Win With Customer Problems<br />
•	Building Customer Value &amp; Loyalty<br />
•	Mapping Customer Value<br />
•	When Customer Service Service Goes Wrong &#8211; How to Bounce Back<br />
•	Dealing With Project Road Blocks<br />
•	Defining, Prioritizing &amp; Matching Projects &amp; Tools<br />
•	Establishing &amp; Validating the Benefits of Projects</p>
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