Friday, November 15, 2013

Changing Paradigms Of Project Management

Project Management, over a period of time, has become more optimized by means of evolving mechanisms. On the other hand Project Leaders and Managers are being asked to accept more challenges in terms of faster deliverables with higher amount of accuracy, managing frequent changes in customer requirement, while focusing on cost reduction. Cost reduction can happen by way of upgrading team members’ knowledge, using minimally required resources and managing attrition.

Attrition eats away a big cost. If talented and well groomed team members leave organization in between a running project, it takes a lot from various angles to manage the show in order to meet customer’s quality and timely delivery requirements. Innovative ideas like BYOD, centralized printing/ scanning resources, grooming team members for multiple tasks/ areas etc. are being implemented to optimize resource planning and management. For upgrading domain based knowledge of various team members regular training are must. Training without evaluation and monitoring can become a useless activity.

If with the increasing tenure of team members in the organization, a focused approach is maintained to prepare them to manage other domains where they have no expertise but which are critical for organization, it becomes quite helpful for the project manager in managing them by reallocating in case of a crisis. Times are gone when for critical areas dependency stays on a single person in the organization. That is the demand of time and also a requirement of certain standards where you are required to make organization more system dependent than person dependent.

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