The CxO role in the Project Economy
What should be the role of a top manager in the project economy? For a CEO, for instance, a project is just a means to get a product, service, or result. They are more interested in operation management than in project management. How should they behave in the project economy? Should they blindly trust on self-organized teams?
Project Procurement in the Project Economy
The growing specialialization in the project economy makes unusual “one project team makes all”. More and more projects are connected via procurement: A certain buyer performing project #1 outsources work package #1 to seller #1 who performs project #2, part of which is outsourced again to another seller performing project #3, etc. Control all project procurement interdependencies with PMPeople.
PMPeople to organize Projects, Programs and Portfolios
Organizations in the project economy group projects into Business Units. PMPeople also implements the 3 management frameworks standardized by PMI® to help Project Managers, Program Managers and Portfolio Managers.
Tracking Time and Expenses with PMPeople
Many projects need to keep an accountancy on timesheets and expenses by team members to control the project finishes on budget and also for work invoicing. Organizations should avoid bureaucracy on time and expenses tracking to increase productivity. PMPeople get people focused on the real work, saving unproductive time.
The Dark Side of Agile Projects
Agile frameworks do not mention the role of the project manager because they were designed for product management, not project management. However, the PM role is required when the organization approves a project that must be completed within a certain period of time and below a certain budget. Professional PMs are responsible, among other things, for the agile project to end on time and on budget, meeting stakeholders’ requirements.
Small and Frequent Project Status Reports with PMPeople
Small and frequent project status reports should be a source of interaction with project stakeholders. PMPeople enhances project reporting, making quite easy for project managers to produce project status reports, and for stakeholders to read them and provide feedback.
Roles in the Project Economy
In the project economy, people have the skills and capabilities they need to turn ideas into reality, and organizations deliver value to stakeholders through successful completion of projects, delivery of products, and alignment to value streams. Project economy demands role based specialized collaboration. PMPeople optimize online productivity through distributed collaboration among 11 specialized roles: 6 roles on demand management and 5 roles on supply management.
- Business (14)
- Demand Management Roles (8)
- Frequently Asked Questions (7)
- Guide (25)
- People (15)
- Process (7)
- Project Management (53)
- Supply Management Roles (2)
- Training (6)
- Uncategorized (1)