Business Acumen for Project Managers
Sangeetha Siddhantam NetCom Learning www.netcomlearning.com | info@netcomlearning.com | (888) 563 8266
Š1998-2018 NetCom Learning
Agenda
• • • • •
Understanding Stakeholders How to define the project goals and benefits Process Improvement Methods Goals of HR Importance of projects in supply chain management
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Understanding Stakeholders
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How to define the project goals and benefits
SMART acronym :
❖ S-Specific The should be simple and specific, making sure everyone understands what needs to be accomplished in each iteration.
involved
❖ M-Measurable The team must determine how a completed task is measured; in other words, when the task can be determined as “done”. ❖ A-Achievable
Task is realistic and achievable.
❖ R-Relevant
Every task must be relevant and contribute to the story.
❖ T-Time-boxed Task should be limited to a specific duration, or timebox.
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Process Improvement Methods DDD (DMAIC Model) (DMAIC Model): •Define: Define the problem and the objectives •Measure: What needs to be improved.And are these measureable •Analyze: Analyze the process and define factors of influence •Improve: Assure that improvements will sustain •Control : Identify and implement improvement
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Goals of Human Resources
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Importance of projects in supply chain management
Supply chains continue to increase in complexity. Being able to effectively manage this complexity is essential to achieve important business objectives– growth and profitability.
• • • • •
Identify the factors that contribute to these complexities: The geographical spread of customers and suppliers; Risk and security considerations; Regulatory and compliance hurdles; Increased customer expectations for shortened lead times, and an increase in the number of players involved are all factors that are increasing supply chain complexity.
Key points : • Use of the critical path method. • Communicate and collaborate • Use Agile process
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Recorded Webinar Video
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