Tag: Plan

How Project Managers Can Unlock Visibility In The Supply Chain

Supply chains are an essential component of modern businesses. Every industry depends on them to ensure goods are delivered on time and in perfect conditions. The slightest disruption can throw processes awry and create immense losses for stakeholders.

Visibility into supply chain processes helps minimize errors thanks to end-to-end connectivity. When speaking of visibility implementation, most discussions center around IoT devices and the need for front-end processes to tie together.

However, visibility into supply chain logistics also depends heavily on back-end processes tying together. Project managers have immense input in process design and must ensure that infrastructure doesn’t turn into a roadblock to visibility. Here are a few key ways supply chain project managers can ensure they meet their organization’s broader visibility goals.

Advertisement

Define Project Scope

Visibility depends on various systems talking to each other. For instance, a manufacturing unit communicates condition-related data to its logistics partner’s systems. This overlap often causes issues on the back-end, especially when enhancing infrastructure.

New projects can potentially get lost in a maze of scope creep if project managers neglect to define boundaries appropriately. Continuing the previous example, if a project manager in charge of upgrading logistics systems strays too much into the manufacturing unit’s data structure and job scheduling, they’re likely to take on too much work.

Managers must define the scope thoroughly during the project planning phase. More importantly, they must seek buy-in from project stakeholders to avoid miscommunication down the road. A good way to receive buy-in is to spell out requirements as clearly as possible. This way, PMs can prevent confusion and also transparently communicate project goals.

Standardize Communication

 

When multiple systems and teams talk to each other, communication typically suffers. Each team uses different standards and modes of conveying information, and this leads to confusion in the back-end of supply chain systems.

Project managers can mitigate this problem by standardizing and simplifying communication standards. For instance, if a data issue from an upstream partner is creating testing issues on their system, PMs can create communication and report templates that their teams can use.

These templates can also be shared with upstream and downstream partners to simplify communication. It’s best to implement these templates during the dev and testing phases. By doing this, any production issues will be dealt with swiftly.

PMs will have to deal with some pushback from their project partners since everyone will likely prefer different templates. Collaboration, then, is the key to unlocking visibility in the supply chain. So always focus on collaborating to create the best back-end system that supports business aims.

Create Knowledge Repositories

 

Implementing visibility requires teams from every area of the supply chain to come together and integrate their systems. Project releases typically follow an iterative or CD release process. In the rush to release upgrades and constantly improve the product, critical development information tends to get lost.

 If a project team is localized, this isn’t necessarily an issue. After all, there will always be informed personnel around to explain key decisions and historic choices. However, supply chain projects do not work like that. Often spanning the globe, they’re vast and involve teams that might never see each other face-to-face.

 Standardized communication, as previously highlighted, goes a long way towards ensuring visibility-enhancing projects proceed smoothly. However, PMs must create knowledge repositories and archives to help external teams understand their systems and data structures.

For instance, if an upgrade involves scheduling an ETL process from an external source, the PM and dev team must familiarize themselves with the upstream system’s data formats and models. Without a repository or knowledge base, the team will rely on inefficient emails and meetings where nothing gets solved.

A repository will allow them to quickly determine which data sets they need, the formats they need them in, and communicate this to the upstream team. Thus, iterative releases become simpler, and front-end visibility doesn’t suffer.

Prepare Data Appropriately

 

A project’s success and progress are measured by the business impact it creates. In an interconnected series of projects, measuring success can turn into an issue if PMs neglect measuring success with the right metrics. Often, data from external sources are necessary to measure success.

For instance, a logistics PM will have to take condition-related data from the manufacturer and downstream partner into account, and isolate them from their datasets. Only once this separation has been achieved can they create reports measuring delivery success.

Every stakeholder in the supply chain runs analytics these days, and cleaning data is an essential task. PMs must verify their ETL processes for data integrity and make sure any changes they make are communicated to downstream entities.

Downstream changes often rear their head when upgrading from legacy to modern systems. In such instances, it’s best to refer to knowledge repositories and communicate changes to all stakeholders. Standardizing data models and database design principles is also a good way of ensuring data integrity is maintained across multiple systems.

Back-End Processes Essential For Visibility

 

While front-end technology receives the bulk of the attention when speaking of visibility, backend processes are just as important. PMs play a significant role when determining process design. These 4 tips will help them create robust processes that ensure visibility is implemented and maintained throughout the supply chain.

5 Reasons Why Saviom is an ideal partner for all your resource management needs

In my next 5 Reasons Why installment, let’s take a look at Saviom software.

 

Saviom Software is an Australia-based software company and a market leader offering robust and configurable resource management and workforce planning solutions. With over 20 years of experience, Saviom has established its global presence across 50+ countries and helped more than 100 customers achieve their business goals. Some of their esteemed clients include PwC, Fujitsu, Siemens, Honeywell, DHL, Continental, and many others.

Benefits and Features of Saviom Software

1.Reduce Costs significantly

Saviom can help leverage the skillsets of cost-effective global resources across matrix organization boundaries. Its forecasting capabilities reduce unnecessary hiring/firing costs. Saviom also helps minimize deployment of under/over skilled resources on projects.


Advertisement

2.Maximize profitable utilization

Saviom’s powerful forecasting analytics helps you to improve the billable and effective utilization of your workforce. Applying advanced filters, managers can proactively mobilize resources from non-billable or low priority to billable projects. It also enables you to track the estimated vs. actuals and improve the overall forecasting process by aligning it to reality.

3.Manage Pipeline Opportunities

Saviom helps plan for pipeline projects in advance by identifying resource shortfalls/excesses using demand capacity planning. It also allows you to bridge the gap proactively by exploring various resourcing channels. Planning and forecasting future/pipeline opportunities help align the sales and delivery team.

4.Multidimensional resource scheduling

Saviom provides 360-degree visibility of resources across the verticals of geography, functions, domains, and business units of matrix structure organization. Slice and dice allocations and multidimensional scheduling capability ensure appropriate resources are available for suitable projects at the right time and cost.

5.Scenario-based modeling and simulation

What-if analysis, Saviom’s unique feature, helps you get the best possible ROI within existing resource constraints. One can either extend timelines or mobilize resources to a high-priority project before arriving at the best outcome. Accordingly, analyze the impact on resource capacity and utilization and make an informed decision.

Ready to try Saviom? Signup for a free trial or book a demo today.

Five Ways Leankor’s Enterprise Work and Project Management Solution Transforms Complexity to Profitability

My next installment in this exclusive Project Times series on project management related tools and services looks at Leankor’s offering that promises to make projects more profitable while also making them easier to manage during these remote PM and virtual project teams real world times.

Remote teams. Tighter budget controls. Efficiency mandates. For enterprise organizations already navigating the complexities of large-scale initiatives, 2020 brought further complication with the disruptive effects of a global crisis. And while some degree of the former normal may eventually return, the heightened pandemic-era pressure to accelerate delivery while driving profitability is here to stay—regardless of where teams work.

Fortunately, as the world changed, enterprise organizations have been able to rely on Leankor’s sophisticated enterprise work and project management solution to seamlessly transform operations and combat the challenges that have resulted from this evolution.  With super-charged collaboration features, Leankor’s next-generation solution transforms complex, interconnected workflows and business processes into easy-to-manage plans for faster delivery and profitability. Here are five ways Leankor helps teams do their best work.

Closer Collaboration When Teams Are Farther Apart

While the future of the remote workplace is still evolving, collaboration among distributed teams will always be critical to enterprise work and project management success. According to a December 2020 PwC survey, 87% of employees say the office is important for collaborating with team members. Salesforce research finds 96% of workers believe lack of collaboration is the source of workplace failures.

To bridge the collaboration gap, Leankor’s sophisticated, cloud-based work and project management solution links distributed internal and external teams with full transparency into planning, execution and strategy. For the most complex, large-scale projects, stakeholders must align from kickoff to delivery, and often even as early as the opportunity development stage. That includes not only remote office employees but also contractors, field services teams and even customers. Leankor empowers teams with tools to conduct virtual discussions, brainstorm and quickly solve problems from anywhere.

360-Degree Visibility for Clear Context in Uncertain Times

Remote collaboration requires all team members to have access to the same, updated information for context and effective decision making. When distributed teams can sync and share files in one central location in the cloud, it eliminates disconnected spreadsheets and disparate servers, mitigating the risk of decisions based on the wrong data. Because we live in times marked by uncertainty, the data-driven context and clarity provided by Leankor’s next-level solution help guide individuals, teams and organizations to more certain and better outcomes.

Remote collaboration requires all team members to have access to the same, updated information for context and effective decision making. When distributed teams can sync and share files in one central location in the cloud, it eliminates disconnected spreadsheets and disparate servers, mitigating the risk of decisions based on the wrong data. Because we live in times marked by uncertainty, the data-driven context and clarity provided by Leankor’s next-level solution help guide individuals, teams and organizations to more certain and better outcomes.


Advertisement

Flexible Work Management Aligned to How People Work Best Now

McKinsey research suggests 70 percent of companies use the Agile methodology in some form to run their organizations. But that doesn’t mean Agile-only support is sufficient for effective work and project management. For optimal efficiency, most organizations operate with a variety of methodologies and use hybrid approaches across projects and departments. However, some organizations are still using time intensive, manual approaches to manage their complex projects.

To support the way an organization works best, Leankor allows multiple methodologies to co-exist, including Kanban, Lean, Agile, Gantt, Waterfall, hybrid, pull-planning and others, adapting and translating for streamlined project and risk management. All methods can be interconnected and unified in a virtual platform to communicate with ease, making progress seamless. This can happen even when people are socially distanced in home offices or in clusters of teams in regional satellite locations.

When Agile work methods exist with traditional Gantt project planning processes, Leankor allows organizations to create projects using traditional methods and for work and tasks to be executed at the team level using Agile approaches. This means teams work the way they want from a single system while increasing organization-wide efficiency, control and velocity.

Interconnected Resources to Drive Profitabilityfrom Opportunity to Delivery

When teams, data and customers come together, efficiency translates to profitability. Amid global economic uncertainty, on-time, on-budget has never been more critical, and neither has customer satisfaction and loyalty. For large-scale, long-lasting projects across multiple sites, Leankor can have a direct, positive order-to-cash revenue impact. It’s a user-friendly uber orchestrator, managing interconnected resources, timelines and workflows.

When powerfully integrated with Salesforce applications like Service Cloud, Einstein AI, Community Cloud, CPQ, MuleSoft, Field Service Management, Vlocity, Chatter and QUIP, Leankor goes far beyond traditional project management to become a comprehensive enterprise work management solution, transforming large-scale project complexity into efficiency. And ultimately, that translates into profitability.

Analytics for the Agility to Manage Now and What Comes Next

Leankor’s powerful analytics are designed for users of all technical levels. They empower people to make informed decisions throughout the project lifecycle and improve the outcomes of work. From streamlining request-for-proposal (RFP) processes for multi-service-point quotes to enabling customer-centric master dashboards for better customer service and P&L insight, Leankor drives revenue from opportunity to delivery. Individuals meet timelines and budget expectations with robust analytical and reporting features. Executives get visibility into resource allocation and financials to better manage profitability. Teams identify risk with AI, advanced reporting and predictive, next-best actions to eliminate or mitigate costly issues before they occur. Informed decision making throughout project lifecycles provides the agility to manage for project success and long-term organizational success.

A Next-Gen Solution for the New Age of Work and Project Management

The pandemic and resulting global economic crisis have made work and project management especially challenging for organizations across industries and around the globe. But with the right solution to manage people, processes and technology, any organization can drive efficiency that empowers teams to do their best work, keeps stakeholders informed and accelerates delivery. The result is greater profitability across projects and elevated work enterprise-wide. It’s an approach that will help organizations thrive in this crisis and through whatever lies ahead.     

Summary / more about Leankor

Leankor is a highly visual work and project management solution built on the Salesforce Cloud. Designed for the enterprise customer, Leankor helps companies execute complex projects at scale. A transformative solution, it links different styles of methodologies and processes, empowering people to work more effectively. Leankor enables teams to organize, manage, collaborate and deliver better projects, helps decision-makers measure effectiveness, and allows companies to deliver quicker revenue cycles. Leveraging the power of Salesforce, it brings together customer, project, and resource data, extending the Customer 360 vision. Leankor is used by many of the world’s leading brands with focused solutions for industrial enterprises in Manufacturing, Construction, Solar, Energy and B2B Telecom, with additional emphasis on R&D, quality management, product launches and manufacturing for Biotech, Medtech and Pharma.

How to Successfully Balance the Project Management Triangle

A project manager has to deal with many concerns simultaneously for project success.

The Project Management Triangle is associated with three major factors that affect the results of a project.

Three Points Of A Project Management Triangle Include:

  • Cost
  • Scope
  • Time

These Three Constraints Are Interrelated. Let’s See How:

Let’s say your client asks you to expand the scope of a current project you are working on. Now, when the scope will expand, the time taken to complete the project as well as the cost incurred will also change. That is why the interdependence between these three factors makes them a project management triangle.

Creating a balance among these three constraints becomes very important for a project manager in order to deliver a quality product.

If we look at the following picture, you can see that quality is placed in the middle of the triangle while time, cost and scope are placed at the ends. It indicates that quality is a factor that cannot be compromised with or negotiated with, whereas time, cost and scope are negotiable or subject to change.

Why Is it Important to Manage This Project Management Triangle in a balanced way?

The three constraints of project management software have to be kept in mind from the very beginning of a project. Taking care of these helps the project managers adapt to the changing requirements of a project without affecting cost and the time taken.

This triangle of project management finds its reference in Agile methodology.

An agile methodology is an approach to project management which is based on the basic belief that changes are bound to occur in the way of software development or project completion. Any unforeseen situation during the project lifecycle can demand changes and adapting to these changes successfully ensures project success.

While the traditional methods of project management which are not flexible and do not adopt changes can result in failed projects.

When you are prepared to manage any unforeseen changes, the final output of a product is not jeopardized.

Let us have a detailed understanding of the project management triangle and how changes in any one of its constraints can affect the entire project.

Terms related to the project management triangle:

Scope

By scope, we mean all the work that has to be completed and all the services that have to be provided in a project. The entire spectrum of tasks is involved in it.

Now, an addition in the scope i.e. the amount of work would mean an extension of time required as well as the money spent on a project. Also, an addition to the functionalities would also require more resources which you might not have thought about at the time of planning.

 The hiring of more resources for this project puts the project manager in a tight spot as the expenses as well as the development process lengthens up.


Advertisement

Time

Time is one of the vertices of a project management triangle and plays a major role in deciding the success and failure of projects. Generally, at the beginning of a project, clients ask the question- how much time it will take to complete the project and what would be the exact cost?

Now, answering this question can be a little difficult for a project manager. A proper estimation of all other factors (resources, the type of project, potential bottlenecks etc.) becomes important to calculate time.

Cost

Cost is of paramount importance and if gone beyond the estimation can lead to a serious failure of a project.

Generally, cost is calculated for clients using the following formula

Service hours(h) * Rate per hour($ )= cost($)

Change requests or requests to add functionality can severely affect the cost of a project.

How to Strike a Balance in the Project Management Triangle?

PM Jan12 20 1

Source: https://appinventiv.com/blog/how-to-balance-project-management-triangle/

Here are the approaches that project managers can use to strike a balance between the constraints of a project management solution.

Use a Project Management Software

A project management solution becomes a medium to make better time estimations, better cost estimations as well as defining the scope becomes easier.

Let’s understand in some detail.

Basically, project management solutions like BrightWork, ProofHub, Asana, Wrike etc. become a central place where you can plan, collaborate, discuss and get reports on your projects. Your entire team can contribute to project progress and give useful input without even the need to call meetings every time.

How a project management tool helps in balancing the PM triangle.

  • It helps in planning your projects in a visual way using tools like a Gantt chart. You can keep all the project tasks against a timeline and see how much time each task will take. When all tasks are laid out in a timeline form, you can very well decide the resources required and the budget needed. Once clear on these parameters, you can communicate the same to the clients and also keep them in loop to maintain transparency.
  • Apart from this, you can see bottlenecks or problem areas of your project while the project is in progress. All your tasks can be placed in the form of a board and you can see your tasks moving through various stages in real-time. This helps you ensure that you are not running behind the decided timeline so that the project does not get overdue.
  • The readymade templates of project management software can help you plan your projects quickly without the need to start from scratch.
  • Collaboration becomes effortless and clarity on roles and responsibilities is maintained. 
  • You can make changes in the schedule easily on a Gantt chart and everyone will be updated.
  • Managers can get clear visibility into the workload of individual team members and make appropriate decisions.

Conclusion

Effective planning, clear visibility into the processes, the ability to make adjustments on the go can act as the hallmarks of maintaining a stable relationship among different constraints of project management.

Communication is yet another important factor that lets your projects not slip out of hands. When an effortless and effective communication is maintained among team members and managers at all times, the efficiency increases manifold and projects can be completed successfully within decided time frame and budget.

Project Success: 7 Steps for Building Projects that Deliver Results

Project success is achievable—but you need the right mindset and tools to make it happen.

Whether your project is big or small, the guide below will help you create a project plan, define your goals, learn to communicate with your team and find the right tools for success.

1. Plan for Project Success

Creating a project plan is the first step in achieving project success—it also saves on resources, time, and effort.

PMtimes Nov24 2020 1

A project plan is a document that can be used for internal and external purposes—it outlines the scope, deadlines, budgets, and approximate resources required for a project.

Write the project plan before implementation begins—this will give your team direction to achieve their goals.

For inspiration, look at the project template below. It outlines how a construction company will be building a new development, with details about the phases of the project.

Source: Venngage

Note how the plan includes an overview of the project, statistics about open floor plans, and their methodology for working out their chosen layouts.

It also outlines goals and objectives for the project, along with deadlines, thus ensuring that everyone involved—team members and clients—are on the same wavelength.

Your project plan can also include an executive summary where you share information about your company, and how you relate to the project.

A risk plan is a good inclusion—you don’t need to include too many details but let your client know what could go wrong and how you would handle it.

2. Goal Setting for Project Success

The success of a project depends on goal-setting—more nuanced and relevant goals help you deliver results that will please clients.

Use the SMART goal-setting system to plan out the direction of your project:

  • Specific: Project goals should be specific—build X number of properties, or generate X amount of revenue—so teams can aim for something concrete.
  • Measurable: When you create specific goals, it becomes easier to measure the success or failure of a project—and to determine what needs improvement.
  • Attainable: Clients want to go big with their goals—and it can be tempting to go along with them. But if your goals are too ambitious, you will fail to achieve them. Worse, you could stretch your team too far and fail to complete the project by the deadline.
  • Relevant: The goals you set need to be relevant to the vision of your project and the abilities of your team. That is what will make the goals achievable.
  • Timely: Creating timelines for your project’s goals ensures success. Give your team enough time to complete elements of the operation so you can deliver results to your client on time.

With your core goals in place, you will be able to plan out your project and give your clients a realistic idea of what will be completed and by when.

3. Mind Maps for Effective Project Management

A mind map is an excellent tool for achieving project success—especially during the planning stage when you are outlining the goals.

Use a mind map to generate and narrow down ideas—this is a process that can be conducted within the project team as well as with relevant stakeholders.

Look at this strategy mind map for a design-based project—it defines the process for developing a new service and uses a numbered system identifying the steps involved.

PMtimes Nov24 2020 2

Source: Venngage

The key to creating a mind map is to settle on one core idea from which you can expand your strategy.

Visualizing the idea makes it easier to examine—you use multiple faculties to study the concept, which generates more critical thinking.

When designing a mind map, use a few colors to code the divisions in ideas, processes, or project steps. This will make absorbing the concept easier for everyone involved.

When presenting the project plan and mind map to external stakeholders, brand it with your logo and brand colors to make your business stand out.

4. Enlist Project Managers

Companies would do well to hire project managers if they want to deliver successful projects.

There are certain aspects of project execution that can be handled in-house, but project management requires specialized skills.

Successful project managers have excellent leadership skills, which are required no matter the size of the project.

As overseers of the operation, they direct the team forward without pushing anyone to do too much, and keep track of deadlines.

Managers also have strong communication skills—they speak with team members, suppliers, brokers, stakeholders, and clients.

Projects have many hands on deck—and everyone has their specific demands. Negotiating peace between the departments is a specialized skill that not everyone has.

In-house staff members have the qualities outlined above, but they also have their day jobs. Expecting them to take on project management as an addition would be unfair.


Advertisement

That is why companies should hire a project manager for the task.

5. Agile Project Planning

The agile approach to project success prioritizes people and collaboration, while also acknowledging the importance of software.

Project agility includes these tenets:

  • Creating a motivational environment for project teams
  • Encouraging innovation and autonomy
  • Delivering customer satisfaction using project tools
  • Adaptability to changes
  • Team collaboration
  • Regular communication
  • Measuring success and failure

Agile project management is focused on delivering excellent results, as well as on building sustainable environments that are long-lasting.

Use the same guidelines across multiple projects and years—improving along the way, depending on what teams have learned—to achieve a high standard of results.

This method also mitigates a lot of the risks that come with project planning—changing goals and supplies are built into the system.

More importantly, the agile system helps create autonomous teams who innovate, experiment and learn, thus making them efficient and happy.

6. Communication is Key for Project Success

There are numerous moving parts in projects, so prioritize communication to achieve project success.

Create a workflow and feedback plan—outline tools or services teams need to use, as you can see in the example below.

PMtimes Nov24 2020 3

Source: Venngage

Remember that communication can’t be one-way only—if you aren’t listening to team members or employees, you won’t know why they are struggling with tasks.

Be open to feedback by using team chat tools like Chanty, Slack, or Skype. If training is required, build time into your project plan for this process.

While communication is necessary, too many meetings can get disruptive—set a meeting schedule that everyone can plan their day around.

7. Tools for Project Success

The right tools and software make it easier to achieve project success—they improve workflow by sharing instant notifications for any developments.

Use a tool like JIRA to manage projects and Trello for task management. With social distancing still in place, use remote work tools like Proofhub or Basecamp.

These tools help to collaborate and keep track of resources, budgets, and project progression.

They also have provisions to set deadlines so you can improve productivity. More importantly, this software helps to avoid overlaps in tasks, missed deadlines, and gaps in communication.

Key Takeaways: Project Success is Achievable

We have outlined seven essential steps for achieving project success, no matter the size of the operation at hand.

To recap, here are the key takeaways from the above guide:

  • Create a project plan for success
  • Set your project goals
  • Use mind mapping to strategize
  • Invest in project managers
  • Be agile in your project management
  • Keep communication lines open
  • Invest in the right tools

With the above steps, you have the wherewithal to build a project that delivers results to your clients.