PMPeople to support NextGenerationEU
Spain has been granted 140,000 million euros from the Recovery Plan for Europe Next Generation EU. Does this imply we need to start managing 100,000 projects this year? Considering our bad track record on effective European funding execution, how to manage properly a budget four times bigger? The approach should integrate project governance, project professionals and project management technology.
AI applied to Project Management
Year 2030. PPM tools include AI features. People can talk to a chatbot to initiate new projects, prioritize them, or approve the project set adding the most aggregated value. AI can help on technical tasks related to planning, controlling, knowledge management, etc. AI helps mentoring project managers throughout their professional careers. AI is effective classifying and clustering thousands of projects belonging to business units, programs, and portfolios. AI saves a lot of time generating reports, assuring quality standards, etc. AI can answer questions like: What are the odds this project will finish on time? What is the value of this deliverable? What projects should be re-baselined? What teams should be restructured? What contracts should be canceled?
What is Artificial Intelligence?
As in every area of the economy, digital transformation has disrupted project management. In order to manage projects professionally, we do not need paper documents anymore. We do not need to work from specific locations, neither. Project data, essential for business management in the Project Economy, is growing exponentially. More and more people collaborate on projects, sharing more and more technical and management data, and organizations are executing more and more projects. With so much project management data available, could algorithms manage projects automatically? What will be our role as project management professionals?
A Project Management Toolbox for the Project Economy
Organizations in the project economy can start using good freemium tools today, no investment required upfront. If free features are enough, they can continue free forever, focusing on value rather than technology. Nowadays, a free project management toolbox can meet the needs of most projects.
Setting the PMO up in 1 week
Organizations in the project economy cannot wait 6 months to have a PMO up and running. Thanks to our tool PMPeople, PMO activation does not have to be a long expensive project anymore. All the technology can be set up in 1 week so that you can focus on the PMO function. In this short period, now is technically possible to have many people collaborating on project management, using different roles.
Welcome to PMPeople University!
PMPeople University service is available today! Any accredited organization providing courses in project management can now use PMPeople for half price. Online support for students and trainers is also included. Save money if you pay for other PM tools and provide an up-to-date learning experience practicing collaborative professional project management with PMPeople. If you are interested, please email us to info@pmpeople.org with the subject: “UNIVERSITY”.
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?
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.
Blockchain to implement Trust in Project Management
PMPeople allows project managers to publish project status reports in Ethereum. Project stakeholders would trust project management only if they can access periodic project status reports that are impossible to fake.
Overtime accounting with PMPeople
With PMPeople, workers can register start and end hours for each working day, as enforced by Spanish law. Additionally, managers are able to know the project margin to date, taking into account the overtime cost.