Project Management webinar: Business Acumen for Project Managers

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Business Acumen for Project Managers
Sangeetha Siddhantam NetCom Learning
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Agenda

• Understanding Stakeholders
• How to define the project goals and benefits
• Process Improvement Methods
• Goals of HR
• Importance of projects in supply chain management

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Understanding Stakeholders
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How to define the project goals and benefits
SMART acronym
involved

• S-Specific The should be simple and specific,
  making sure everyone
• understands what needs to be accomplished in each
  iteration.

• M-Measurable The team must determine how a
  completed task is measured in other words, when
  the task can be determined as done.
• A-Achievable Task is realistic and achievable.
• R-Relevant Every task must be relevant and
  contribute to the story.
• T-Time-boxed Task should be limited to a specific
  duration, or timebox.

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Process Improvement Methods
(DMAIC Model)

• Define the problem and the objectives
• What needs to be improved. And are these
  measureable Analyze the process and define
  factors of influence
• Assure that improvements will sustain Identify
  and implement improvement

• Define

• Measure

• Analyze

• Improve

• Control

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Goals of Human Resources
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Importance of projects in supply chain management

• Supply chains continue to increase in complexity.
• Being able to effectively manage this complexity
  is essential to achieve important business
  objectives growth and profitability.
• Identify the factors that contribute to these
  complexities
• The geographical spread of customers and
  suppliers
• Risk and security considerations
• Regulatory and compliance hurdles
• Increased customer expectations for shortened
  lead times, and an increase in the number of
  players
• involved are all factors that are increasing
  supply chain complexity.
• Key points
• Use of the critical path method.
• Communicate and collaborate
• Use Agile process

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Recorded Webinar Video
To watch the recorded webinar video for live
demos, please access the link https//goo.gl/Nh89
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About NetCom Learning
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