October 2015 Print

President's Report

 October 2015

Special Thanks to Dale Scope, PMI Coastal Bend, VP of Finance for this month's reflection:

Standardized Project Management Methodology

Many companies may operate in a state of mild chaos because of poor project management processes. According to multiple studies, a company’s effectiveness partly depends on the success of its projects. Many companies have revisited their strategy for developing, executing and managing projects by recognizing the importance of Standardized Project Management, SPM, (standardized set of project management practices).

Standardized Project Management carries a significant potential for improving project performance in an organization. It is proven that organizations that invest the time and training and have an enterprise-wide orientation to project management can reap long-term benefits in such areas as building a project business case, ways to report on project goals, budgets, change orders, risk and status. As a result, this creates happier customers, improved efficiencies in cost and schedule that lead to a stronger bottom line, achieving organizational strategies and objectives, and a more promising outlook for the future.

A disciplined SPM process starts at the portfolio level, where the strategic vision drives initial investments and where value measures are established. A fully aligned project, program and portfolio management strategy encompasses the entire organization, dictating project execution at every level and aiming to deliver value at each step. SPM is, in fact, shorthand for project, program and portfolio management and more companies are clearly seeing the payoff from investing time, money and resources to build an organizational project management expertise.

Benefits of Standardized Project Management:

  • Increased Visibility – reporting project status, milestones, and deliverables are planned, documented, communications that can be viewed anytime.
  • Reduced Risk – by implementing scheduled project checkpoints, quality is assured and failing projects are quickly identified, resolved and/or discontinued. Additionally, the risk of key project team members leaving is mitigated through the use of formalized project communication documents.
  • Better Allocation of Resources – scheduling work, prioritizing multiple projects, and managing costs and human resources become much simpler when all projects follow a consistent methodology for changes & approvals.
  • Effective Scope & Time Management – every executive can relate to projects that ‘creep’ in scope as they progress. Documenting changes to project scope and deliverables, and adjusting budgets and timelines, cannot be done effectively without using proper project management tools.
  • Clear Organizational Development – if you can effectively implement a standardized project management process, your successor will certainly thank you. Establish a baseline project management capability and benchmark improvements to your maturity level by using industry standards like PMBOK.

 

The Project Management Institute (PMI) issued a standard called the Organizational Project Management Maturity Model (OPM3) which suggests that SPM may have a significant place in many companies approach to project management. Additionally, According to their 2014 Pulse of the Profession® study, high-performing organizations are three times more likely than low performers to use standardized, organization-wide project management practices. The fact remains that adhering to standardized project management methods and strategies reduce risks, cut cost and improve success rates, which are 3 main aspects to the success of any organization.

 

 


October 20, 2015 - Monthly PMI Chapter Meeting

Join us for our monthly PMI Chapter meeting at Silverado Smokehouse

11:30am - 12:30 pm

For a Panel Discussion about the roles and value that Project Mangers bring to their respective companies and the skill, training and availability challenges they face.

Panel Members:

Ken Soto, Onyx Engineering

William (Bill) Stark, Bath Engineering

Susan Ramirez, Testengeer, Inc

Doug Rippel, Ambitech Engineering

 


You don't have to be a Project Manager to join us for 

International Project Management Day 2015 

Ensuring a Sustainable Future

Gain the latest insights and best practices in project management, sustainability, organizational performance and corporate social responsibility. You’ll come away with real-world knowledge, actionable ideas, videos, white papers, case studies, templates, and much more.  

You can: 

  • Access the entire program for 90 days post event
  • Receive complimentary registration for 3 of IIL's most popular on-demand courses

 

You have the option of participating on your own or you can join us at Texas A&M University-Corpus Christi where we will view select keynote speaker and video presentations.  Either way, you MUST

 

IF you would like to join us you will ALSO need to REGISTER BELOW to join us at the University from 8:30 am - 4:30 pm

    • We will work with IIL to record your PDUs for the day
    • You will have the opportunity to network with others
    • Beginning the following day, you will be able to view all keynote speaker and video presentations for 90 days and receive complimentary registration for 3 of IIL's most popular on-demand courses

 

In order to ensure sufficient accomodations, you will need to sign up to join us at Texas A&M University-Corpus Christi by 11:30 pm, on Monday, October 19, 2015.

Meal/Parking Combos can be purchased through our website:

Parking $5.00 (regular cost is $10 for the day.  CCRTA has bus routes to Texas A&M-Corpus Christi if you would like to pursue that option)

Meals ($15) Meals include  sandwich, chips, whole fruit, 2 cookies, condiments & bottled water or soda

Islander Grinder - Mesquite scented chicken breast with crisp bacon, pepper jack cheese, leaf lettuce and tomato on an artisan roll.
Croissant Club - Smoked Turkey, Honey Ham, crisp bacon, Lettuce, tomato and cheddar cheese on a buttery croissant
The Star - Smoked turkey breast, cheddar cheese, lettuce and tomato on rye

Agenda:
  8:30 am -   9:30 am        Keynote Speaker - Dr. Harold Kerzner
10:00 am - 11:00 am        Keynote Speaker - Jairek Robbins
11:00 am - 12:00 pm        Video Presentations
12:00 pm - 1:00 pm          Lunch
 1:00pm -  1:30 pm           Keynote Speaker - Frank P Saladis
 1:30 pm - 2:00 pm           Keynote Speaker - Judith W. Umlas
 2:30 pm - 3:30 pm           Video Presentations
 4:00 pm - 4:30 pm           Keynote Speaker - Fulya Kocak
 

 

 

TICKETS

$0.00 IPM Day 2015 Participation at Texas A&M University-Corpus Christi (Member or Guest)

$5.00 Parking for IPM Day

$15.00 Islander Grinder Box Lunch

$15.00 Croissant Club Box Lunch

$15.00 The Star Box Lunch

 

Back to top