closing, organizational structures, & beyond the basics module 05 : closing, organizational...

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Module 05 : Closing, Organizational Structures, & Beyond the Basics * Project Management (x470)

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Page 1: Closing, Organizational Structures, & Beyond the Basics Module 05 : Closing, Organizational Structures, & Beyond the Basics

Module 05 : Closing, Organizational Structures, & Beyond the Basics

*Project Management (x470)

Page 2: Closing, Organizational Structures, & Beyond the Basics Module 05 : Closing, Organizational Structures, & Beyond the Basics

*Module 5 TopicsClosure

Closure Sign-Off

Turnover of Project

Products

Lessons Learned

Account Closure

Organizational Structure

Functional, Traditional

Projectized

Matrix

Beyond the Basics

Project, Programs, Portfolio

Project Managemen

t Office

Maturity Models

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Page 3: Closing, Organizational Structures, & Beyond the Basics Module 05 : Closing, Organizational Structures, & Beyond the Basics

*Project Closure

Monitoring and ControlProject Approval

•Formal “Go” decision

•Project Charter

•Project Manager assigned

Project Plan

•Clear and approved project or phase definition

•Stakeholders•Scope (Deliverables)

•Schedule•Cost

Project Execution

•Complete deliverables per the project management plans

•Determine and communicate project status

Project Closure

•Formal end of all project work

•Turn-over of project products

•Project completion / termination sign-off

•Lessons learned

•Contracts and Accounts closedKnowing What the Project Is

3

Knowing Where

the Project Is

Page 4: Closing, Organizational Structures, & Beyond the Basics Module 05 : Closing, Organizational Structures, & Beyond the Basics

*The Last WordsMonitoring and Control

Project Approval

•Formal “Go” decision

•Project Charter

•Project Manager assigned

Project Plan

•Clear and approved project or phase definition

•Stakeholders•Scope (Deliverables)

•Schedule•Cost

Project Execution

•Complete deliverables per the project management plans

•Determine and communicate project status

•Knowing Where the Project Is

Project Closure

•Formal end of all project work

•Turn-over of project products

•Project completion / termination sign-off

•Lessons learned

•Contracts closed

Product / Service Processes

4

Page 5: Closing, Organizational Structures, & Beyond the Basics Module 05 : Closing, Organizational Structures, & Beyond the Basics

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*Organizational System

Project based (driven) - work is characterized through projects, with each project as a separate cost center having its own P&L statement (ex. construction, aerospace)

Non-project based (driven) - projects exist to support product or functional lines, P&L measured on vertical or functional lines, priority given to revenue producing functional line activities

Page 6: Closing, Organizational Structures, & Beyond the Basics Module 05 : Closing, Organizational Structures, & Beyond the Basics

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*Organizational Structures

Types are described in terms of the project manager level of authority

• Functional (Traditional, Classical)

• Matrix

• Projectized

Page 7: Closing, Organizational Structures, & Beyond the Basics Module 05 : Closing, Organizational Structures, & Beyond the Basics

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*Functional Organizational Structure

CEO

Sales Finance Operations …

Page 8: Closing, Organizational Structures, & Beyond the Basics Module 05 : Closing, Organizational Structures, & Beyond the Basics

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*Projectized Organizational Structure

CEO

Project Manager

A

Sales Finance Operations

Project Manager

B

Sales Finance Operations

Page 9: Closing, Organizational Structures, & Beyond the Basics Module 05 : Closing, Organizational Structures, & Beyond the Basics

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*Matrix Management Structure

CEO

Project Management Finance Operations Sales

Project Manager 1

Project Manager 2

Page 10: Closing, Organizational Structures, & Beyond the Basics Module 05 : Closing, Organizational Structures, & Beyond the Basics

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*Organizational Structure & PM Authority

PM Authority

Organizational Structure

High

Low

Functional MatrixProjectize

d

Page 11: Closing, Organizational Structures, & Beyond the Basics Module 05 : Closing, Organizational Structures, & Beyond the Basics

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*Project Hierarchy.

Temporary endeavor undertaken to create a unique product, service or result

A group of related projects managed in a coordinated way to obtain benefits and control not available from managing them individually

A collection of projects or programs and other work that are grouped together to facilitate effective management of that work to meet strategic business objectives

Portfolio

Program 1

Project 1.1

Project 1.2

Program 2

Project 2.1

Project 2.2

Project A

Page 12: Closing, Organizational Structures, & Beyond the Basics Module 05 : Closing, Organizational Structures, & Beyond the Basics

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*Project or Program?

Deliverable complexity (low or high) Deliverable quantity (few or many) Deliverable size (small or large) Number of people (few or many) Degree of interdependence (simple or

complex) Details of Agreements (tasks only or

detailed interfaces) Co-location of teams

Page 13: Closing, Organizational Structures, & Beyond the Basics Module 05 : Closing, Organizational Structures, & Beyond the Basics

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*Project Management Office

Centralizes and coordinate the management of projects under its domain

Operates on a continuum from providing only project management support functions to actual direct management and responsibility for meeting project objectives

Sometimes called Center of Excellence (COE)

Page 14: Closing, Organizational Structures, & Beyond the Basics Module 05 : Closing, Organizational Structures, & Beyond the Basics

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*Project Management Maturity Models

Level 1

Common Language

Level 2

Common Processes

Level 3Singular

Methodology

Level 4

Benchmarking

Level 5Continuous

Improvement

Level 1

Initial

Level 2Repeatabl

e

Level 3

Defined

Level 4

ManagedLevel 5

Optimizing

Level 1

Standardized

Level 2

Measure

Level 3

Control

Level 4Continuously

Improve

Harold Kerzner

SEI, CMM

OPM3, PMI

Standard methodology. Should include development of project

portfolio management process

Page 15: Closing, Organizational Structures, & Beyond the Basics Module 05 : Closing, Organizational Structures, & Beyond the Basics

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*The End

*May bliss, with its causes and conditions, be with you!