Redefining Project Management & Unleashing its Power

Summary: Since the formal development of Project management since the 1950’s, project management is reshaping how organizations “get things done”, especially with endeavors that are constrained by time, resources, scope, and more. But project management has largely been stuck in this impasse with relatively high failure rate. This webinar reexamines project management from an integrated perspective of combining Project, Program, Portfolio management plus other related areas to unleash the true power of the discipline and deliver higher value.

Description: Even though project management is gaining popularity, and most business and IT professionals have some rudimentary understanding of project management, most people views project management as an isolated discipline. Yes, project management can help organizations and their people get the stuff done. Many people associate project management with time and schedule management, and a disciplined approach of getting things done. Others may see project management as an overly bureaucratic system of completing templates and following processes for the sake of processes. Worse, the failure rate of projects, especially in information technology industries remain high.

This presentation presents project management from a more integrative perspective. Far from being isolated, project management is positioned at the heart of business execution. By weaving a broad umbrella of project management related disciplines that includes portfolio, program, project (waterfall), project (agile), risk management and PMO, organizations can better understand how to leverage the true power of project management in the realization of the strategies and achieve superior business value.