Increase the Likelihood of Project Success by Collaboratively Defining Intangible Project Outcomes Kersti Nogeste Principal Consultant Project Expertise Pty Ltd Melbourne, Australia & Doctor of Project Management candidate RMIT University, Melbourne, Australia ©Copyright 2003 Project Expertise Pty Ltd - [email protected] PMI Honolulu Chapter – March 2004 1 Overview • Planning for Project Success • Outcome Profile • Collaborative Method for Defining Intangible Project Outcomes • Summary ©Copyright 2003 Project Expertise Pty Ltd - [email protected] PMI Honolulu Chapter – March 2004 2 Planning for Project Success • Project stakeholders assess project success from their own perspective • Collaborative definition of objectives and outcomes increases likelihood of common agreement about project success • Project outputs, resources and activities aligned to objectives and expected outcomes ©Copyright 2003 Project Expertise Pty Ltd - [email protected] PMI Honolulu Chapter – March 2004 3 Alignment - Planning for Project Success Strategic Organisational Objectives Project Objectives Intangible Tangible Project Project Outcomes Outcomes Project Outputs Project Activities & Resources ©Copyright 2003 Project Expertise Pty Ltd - [email protected] PMI Honolulu Chapter – March 2004 4 Definitions • Tangible – Primary value is physical and quantifiable • Intangible – Non-physical, primary value is intellectual • Outcome – A result or consequence e.g. a change of significance to the community • Output – Product, service ©Copyright 2003 Project Expertise Pty Ltd - [email protected] PMI Honolulu Chapter – March 2004 5 Alignment - Planning for Project Success Strategic Organisational Objectives Project Objectives Intangible Tangible Project Project Outcomes Outcomes Project Outputs Project Activities & Resources ©Copyright 2003 Project Expertise Pty Ltd - [email protected] PMI Honolulu Chapter – March 2004 6 Outcome Profile • • • • • • • Name Definition Statement Owner (Beneficiary) Benefit Description Benefits Realisation Schedule Roles and Responsibilities Measures • Project Outputs • Dependencies • Risk Assessment • Financial Summary ©Copyright 2003 Project Expertise Pty Ltd - [email protected] PMI Honolulu Chapter – March 2004 7 Collaborative Method for Defining Intangible Project Outcomes 1. Identify Stakeholders 2. Introductory Stakeholder Meeting 3. Stakeholder Workshop a. Identify Tangible Project Outcomes b. Identify Project Outputs c. Identify & Prioritise Intangible Project Outcomes d. Define Intangible Project Outcomes 4. Link Intangible Outcomes to Outputs 5. Define/Review Project Outputs ©Copyright 2003 Project Expertise Pty Ltd - [email protected] PMI Honolulu Chapter – March 2004 8 Identify Stakeholders • • • • Project Sponsor Project Steering Committee Project Resource Managers Operations Representatives ©Copyright 2003 Project Expertise Pty Ltd - [email protected] PMI Honolulu Chapter – March 2004 9 Introductory Stakeholder Meeting Agenda • • Alignment of Outcomes and Outputs Project Success partly dependent on intangible project outcomes Outcome Profiles can define project outcomes Stakeholder Workshop • • – date, time and duration ©Copyright 2003 Project Expertise Pty Ltd - [email protected] PMI Honolulu Chapter – March 2004 10 Stakeholder Workshop • • Identify tangible project outcomes – Gain stakeholder focus Identify project outputs – Tangible, Physical, Quantifiable – Product, Service ©Copyright 2003 Project Expertise Pty Ltd - [email protected] PMI Honolulu Chapter – March 2004 11 Stakeholder Workshop • Identify Intangible Outcomes Leadership Reputation Innovation Knowledge Communications Culture/Values Processes Relationships • Prioritise Intangible Outcomes ©Copyright 2003 Project Expertise Pty Ltd - [email protected] PMI Honolulu Chapter – March 2004 12 Alignment - Planning for Project Success Strategic Organisational Objectives Project Objectives Intangible Tangible Project Project Outcomes Outcomes Project Outputs Project Activities & Resources ©Copyright 2003 Project Expertise Pty Ltd - [email protected] PMI Honolulu Chapter – March 2004 13 Stakeholder Workshop Define Priority Intangible Outcomes • • • • • • • Name Definition Statement Owner Benefit Description Benefits Realisation Schedule Roles and Responsibilities Measures • Project Outputs • • • Dependencies Risk Assessment Financial Summary ©Copyright 2003 Project Expertise Pty Ltd - [email protected] PMI Honolulu Chapter – March 2004 14 Define Project Knowledge Outcomes • Name • Definition Statement – Explicit and/or Tacit – “Quick Hits” ? • Owner (Beneficiary) – Knowledge Workers • Benefit Description – Strategic and/or Operational ©Copyright 2003 Project Expertise Pty Ltd - [email protected] PMI Honolulu Chapter – March 2004 15 Define Project Knowledge Outcomes • Benefits Realisation Schedule – During and/or After Project • Roles & Responsibilities – e.g. Knowledge Sharing Roles • Measures – Anecdotal (ad hoc) – Quantitative – Qualitative e.g. focus groups, case studies ©Copyright 2003 Project Expertise Pty Ltd - [email protected] PMI Honolulu Chapter – March 2004 16 Define Project Knowledge Outcomes • Project Outputs – Lessons Learned – Project Profile – Personnel Contact Details • Project and Non-Project – Learning Contracts – Contractors’ Exit Plans ©Copyright 2003 Project Expertise Pty Ltd - [email protected] PMI Honolulu Chapter – March 2004 17 Define Project Knowledge Outcomes • Dependencies – Access to Operational Personnel – Communication Competencies • Risk Assessment – Description – Effect – Severity x Probability = Risk – Mitigation/Contingency – Residual Risk • Financial Summary ©Copyright 2003 Project Expertise Pty Ltd - [email protected] PMI Honolulu Chapter – March 2004 18 Link Project Outcomes to Outputs Project Outcome Outcome Definition Statement Project Outputs Operational Outputs D1 D2 D3 D4 O1 O2 O3 O4 Outcome 1 Outcome 2 Outcome 3 Outcome 4 Outcome 5 ©Copyright 2003 Project Expertise Pty Ltd - [email protected] PMI Honolulu Chapter – March 2004 19 Define/Review Project Outputs • Description – purpose, format, content, audience • • • • Activities Resources Schedule Budget ©Copyright 2003 Project Expertise Pty Ltd - [email protected] PMI Honolulu Chapter – March 2004 20 Increase the Likelihood of Project Success by Collaboratively Defining Intangible Project Outcomes • Alignment – Project Outcomes and Project Outputs • Outcome Profiles • Collaborative Method • Define/Review Project Outputs ©Copyright 2003 Project Expertise Pty Ltd - [email protected] PMI Honolulu Chapter – March 2004 21
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