Cracking the Code of Managing The Chaos Of Everyday Project Management

Editor's Notes

• #7: Medtronic sales rep – 20% increase in closed business due to ability to have more doctor meetings because not as much time was needed to prepare for such meetings. http://library.ndsu.edu/repository/bitstream/handle/10365/22772/Gundecha_Mahesh.pdf?sequence=1 Labor cost in construction industry is estimated to be about 33% to 50% of the entire project cost. There is a 30% loss of productivity when work changes are being performed. http://www.fiercemobileit.com/story/smartphones-tablets-increase-workers-productivity-survey-finds/2013-01-20 More than one-third of workers said that their biggest challenge at work is not having access to necessary information remotely when they need it.
• #8: Medtronic sales rep – 20% increase in closed business due to ability to have more doctor meetings because not as much time was needed to prepare for such meetings. http://library.ndsu.edu/repository/bitstream/handle/10365/22772/Gundecha_Mahesh.pdf?sequence=1 Labor cost in construction industry is estimated to be about 33% to 50% of the entire project cost. There is a 30% loss of productivity when work changes are being performed. http://www.fiercemobileit.com/story/smartphones-tablets-increase-workers-productivity-survey-finds/2013-01-20 More than one-third of workers said that their biggest challenge at work is not having access to necessary information remotely when they need it.
• #12: IP Reuse Adding to workforce quickly, but not effectively Number of quality issues are increasing Number of safety incidents are increasing While revenues may be going up, enhancing margins continues to be a challenge Key knowledge leaving the organization through retirement Younger generations work differently
• #13: The proposed solution to overruns caused by honest mistakes tends to be improved cost forecasting and project management skills, and better communication and coordination between stakeholders. Poor Estimates Limited visibility and control Accurate, up-to-date information Not present on job site Track labor, equipment, materials, subcontractors, suppliers Invoices Disconnected methods to determine progress Real-time data Insufficient historical information Tracked in spreadsheets Summary totals in an ERP system
• #14: Modern, complex projects cannot be planned and executed using 50-year-old project management tools
• #15: If something goes wrong on a project, the size of the impact it will have on cost and schedule is exponentially related to how fast you can apply corrective action. Disparate data sets that need to be organized, automated and searchable Distributed workforce that needs off-line and mobile capabilities Process and Procedure Intensive Industry Extensive use of SharePoint Growing use of YouTube Poor Estimates Limited visibility and control Accurate, up-to-date information Not present on job site Track labor, equipment, materials, subcontractors, suppliers Invoices Disconnected methods to determine progress Real-time data Insufficient historical information Tracked in spreadsheets Summary totals in an ERP system
• #16: Check Points here.
• #19: Integrate line of business applications with Oracle WebCenter. Serve up content from those systems to the portal.
• #22: Oracle Content Management So, let’s take a closer look at Oracle WebCenter Content. Oracle WebCenter Content is an enterprise-class ECM platform, a unified set of capabilities that are designed to effectively manage all unstructured content in an organization, using various technologies including document management, web content management, records management, imaging and process management, that span the complete spectrum of business needs for managing unstructured enterprise content. When Oracle acquired this offering in 2007 from a company called Stellent, they chose it not only for its completeness, but also for its open, standards-based approach, with the intent of using it as the content management platform for Oracle’s business applications, portals and other technologies. Today, this is one of Oracle WebCenter Content’s key advantages; through its productized integrations with the Oracle’s tech stack, it helps organizations to easily add content management capabilities to their existing Oracle investments, and do so in a way that consolidates, simplifies and lowers the costs of IT infrastructure and integration strategy. Finally, Oracle WebCenter Content is a strategic investment for Oracle customers, especially those running Oracle’s applications. As the strategic ECM infrastructure for Fusion Applications and the ongoing ECM platform for Applications Unlimited (Primavera, Siebel, EBS, etc.), Oracle Content Management will continue to increase in value over time.
• #28: Save $ - Enhance project margins through IP reuse and real-time collaboration Aggregate information from a variety of sources and display to users through a unified portal interface Instantaneous information sharing Reduce IT expenses - Standardize on one system of record Work faster - Increase workforce effectiveness by transforming project data into actionable insights. Collaboration across business groups through one online tool Improve quality - Improve project quality by providing a single source of truth Provide a gateway to enterprise applications that can be securely accessed by employees, partners and customers without the need to re-create functionality or provide extensive traini
• #33: focusing on managing strategy and stakeholders instead of exclusively concentrating on budget and scheduling mastering technology and project content by securing critical internal and external talent building effective teams by aligning their incentives with the overall goals of projects excelling at core project-management practices, such as short delivery cycles and rigorous quality checks
• #34: Current Process Review Barriers to user adoption – productivity killers Technologies being leveraged today Information access Application integration Business challenges Industry best practices