KBR
A Successful Approach to Business Intelligence (BI) is Difficult!
Submitted by Hans Lodder on Tue, 09/12/2008 - 11:47BI is a multidisciplinary art. In a recent article Forrester presents a BI process overview. Central to this report is a drawing that relates everything to everything, demonstrating the BI process complexity. You should study it carefully!
Goodbye SOA (Service Oriented Architecture), Hello EDA (Event Driven Architecture) (or Hype after Hype, after...
Submitted by Hans Lodder on Tue, 02/12/2008 - 16:36It seems that SOA (Service Oriented Architecture) is out, and the new hype is called EDA (Event Driven Architecture). That makes me wonder in what way this will change the world. 71% of the projects fail, a figure that is rather constant over the years. And EDA is going to change this…
Project Portfolio Management Services: Consultancy, Training, Coaching & Project Development
We can help you implement Project Portfolio Management in your specific situation.
Project Portfolio Management Roles, Training, Coaching and Required Experience
Each task to be undertaken needs qualified personnel. A portfolio management project is in this sense not different from others. Important roles are the:
- Decision maker
- Project manager
- Domain expert (one per important domain)
- Workshop facilitator
- Workshop scribe
- Business analyst
Project Portfolio Management Prerequisites
In order to be successful with Project Portfolio Management a number of prerequisites must be met:
- The will to change;
- A pathfinder project;
- Celebration of successes;
- Proper selection, training and coaching of employees;
- Time to manage Project Portfolio Management as an asset.
How To Start Project Portfolio Management
The best way to start with Portfolio Management is implementing a life example. Otherwise the benefits will remain abstract, and an endless discussion will be the result.
Now there is always a common idea where the benefits would be the largest. So invite the decision maker and the most important persons involved to a kick-off workshop. That makes sure the the persons who suffer most will get enthusiastic by solving a problem that really bothers them.
Benefits of Project Portfolio Management
We all know examples of projects that did not meet their planned result. There can be many different reasons for such a failure. Common causes of project breakdowns are:
- The effects of other current projects were not properly taken into account.
- The requirements of other departments were not sufficiently met.
- The delivered specifications were not checked against specific testability.
- The delivered specifications were not bundled into over time deliverable sets by adequate project phasing.
Meta Data and Requirements Management & Analysis
What are the assets of a company? Everyone knows the tangible assets like production equipment. Intangible assets are more difficult. Know-how is considered as such an intangible asset. Meta data is high-level description of a business, or business process. You can use it to manage your business more easily. That implies planning and control, as well as adaptation to changing markets or customers.
Checking and Enhancing Information and Data Quality
Over time business changes. This implies that business processes change, the people as well as the systems. Also, a business is multi-disciplinary, which implies that there are many viewpoints for the same aspect.
This leads slowly to what is called data pollution. Can we solve data pollution? And how?
