How does one measure the success of a project? Delivering on time and within budget, sure. But isn’t success more than this in the modern world? Is it overcoming complexity? An exemplary health and safety record? Engaging stakeholders? Getting the community involved? Is it a combination of all of these, or is it much, much more? The Association for Project Management’s 2020 Vision has been defined as a world in which all projects succeed. A bold goal indeed, and one that sets the bar high for the profession at large. As the managers of change, success should be at the forefront of any...
Fernande van SchelleWednesday, November 28, 2012 - 11:30
Two months can zip by quite quickly, and before you know it you are back at Ibis House for the next board meeting. This time the formula was a little different, board members were invited (as are Members, Fellows and Honorary Fellows of the APM) to attend the AGM on the eve of the board meeting. This is the time where the APM membership can find out how the APM has been doing throughout the year and questions can be asked of the board and its executive. As a first APM AGM that I have attended, it was an enlightening experience. Not only was the business aspect of the meeting dealt with...
Project management firm Acando has published a new report which takes a critical look at the use of time and cost as metrics for judging the success of a project.The firm says that the report – ‘Don’t measure time and cost’ – forms part of its “ongoing mission to reduce and eventually eliminate project failure from project management”. Acando hopes that the report, produced by the firm’s managing director Phil Jacklin, will spark change within the industry.Don’t measure time and cost argues that time and cost are poor metrics to use, stating that they have no value as predictors of the future...
“We are on time, on budget and we are fit for purpose,” said Karen Elson, former programme assurance executive at the Olympic Delivery Authority (ODA). It was for this reason, among others, that the ODA decided to build a learning legacy and share best practice.Karen was speaking at the fifth and final APM Learning Legacy event on Wednesday evening at the London’s Charing Cross Hotel, where she was joined by Colin Naish, executive director of infrastructure at the London Legacy Development Corporation (LLDC), and Holly Knight, head of sustainability at the ODA.As it became clearer that there...
A joint all-Ireland report published yesterday by the Association for Project Management (APM) and the Chartered Institute of Management Accountants (CIMA) in association with Deloitte has revealed that as the economic climate continues to force organisations to change, those responsible for leading change have become more focused than ever on managing benefits to maximise value.The report, entitled Delivering the Prize, is the outcome of a survey conducted by APM and CIMA with members working on business critical projects and investments in both private and public sector organisations across...
I am researching at the University of Warwick the relationship between benefits management practices and project success. As we know, this is a very relevant issue in the current environment where organisations aim to be more effective in project management and to have increased alignment between projects and business strategy.The research will compare results from UK, USA and Brazil, using different methodological approaches.Any professional who has worked on a project that was concluded in the last two years can take part in the survey. Respondents can leave their e-mail address in order to...
The Benefits Management SIG 2012 National Conference "Making benefits happen" took place on 15th May in London, presenting some 15 speakers including members of the Benefits Management, Governance and Portfolio SIGs, case studies and workshop sessions. Outputs will be available shortly but in the meantime the presentations can be downloaded below.
DateWednesday 20th June 2012Time6:30pm Registration6:45pm Annual General Meeting (AGM)7:00pm Presentation8:15pm Refreshments and networking VenueHoliday Inn, Bloomsbury, Coram Street, London, WC1N 1HTPresented byAndrew Bragg, Chief Executive, Association for Project ManagementCPDUp to 2 hours (find out more about CPD)CostMembers:Employees of APM Corporate Members:Non members: FreeFree£10 APM's manifesto vision for the profession is ambitious, challenging and radical. Above all, it reflects what society expects: a world in which all projects succeed. This event is suitable for all project...
DateThursday 21st June 2012Time6:30pm Registration and refreshments7:00pm Presentation VenueNetwork Rail, The Quadrant:Milton Keynes, MK9 1HA Presented byTim Coucher, Project Director, Network RailDavid Shannon, Chairman of the APM Governance Specific Interest Group (SIG)Miles Dixon, founder member of the APM Governance SIG CPDUp to 2 hours (find out more about CPD)CostMembers:Employees of APM Corporate Members:Non members: FreeFree£10 Have you ever wondered how to get a sponsor for your programme, does your sponsor behave when you have one and do they need to be helped? Then this...
The event "Can change initiatives deliver the promised value?" took place on 17th April at the Holiday Inn in Bloomsbury and the speakers' slides can be downloaded below. The Benefits Management SIG national conference "Making benefits happen" is taking place in London on 15th May and full details may be found here.
