Happy International Project Management Day!
The International Institute for Learning is offering Project Management online keynotes and conferences today (November 6, 2014) and they are available through November 21 (click here for more information or to register). Dr. Harold Kerzner, Ph.D., MS, MBA and Senior Trainer/Consultant for IIL just spoke with us about the differences between PM 1.0 vs. PM 2.0. A few highlights include:
- Project Managers are now engaged at the initiation of the project to be involved in the planning and scope. PMs are also engaged long after official project closure to measure and ensure business value.
- Project Managers now manage strategic projects as well as operational projects.
- The definition of success for projects must include “sustainable business value within the defined competing constraints.” (Constraints now include more considerations than our standard triangle of time, scope, and budget.)
- PM 2.0 involves easy access to communication and project status dashboards to all project stakeholders. The use of online software tools (sometimes including social media!) facilitates this communication.
- Dr. Kerzner believes that the single most important skill of today’s Project Manger is the ability to understand and apply Risk Management to deal with evolving project requirements and measurements of project success.
How is your organization changing the established methodologies to meet today’s evolving project and business requirements?