6:00 p.m. - Pizza served, compliments of the chapter. Participants may also order off the menu at their own cost if they wish.
6:15 p.m. - Presentation starts
7:15 p.m. - Wrap-up, review, and close
Topic: Project control techniques for recovery and benefits optimization
Summary: Traditional project control techniques such as critical path and earned value management have been around for more than 50 years to enable project managers to measure the performance of projects in terms of time and cost. However, projects and programs are not simply cost centers with a schedule – they are investments. With the growing awareness in benefits management, adding a true “value” metric to these techniques captures the impact of project schedule, cost or scope performance on the expected benefits that the project or program is expected to deliver. This presentation discusses how these techniques may be applied in a value-focused sense and expanded beyond traditional cost-based metrics. The presentation will also introduces critical path drag and other techniques that enable project and program managers to identify optimization opportunities, delivery risks and to improve the value of their project or program to the organization.
Joe Sopko, PMP, MSP, P3O is an independent organizational project management improvement consultant and a joint recipient of the 2013 Shingo Prize Research Award as a contributing author to The Guide to Lean Enablers for Managing Engineering Programs.
For more than a decade, Joe has had considerable involvement in organizational project management maturity models, PMO development, program management and business improvement initiatives. He has been an active participant and core team member in the development, review and practical application of PMI’s OPM3® Standard, AXELOS Managing Successful Programmes (MSP), PMI Standard for Organizational Project Management and is a former member of the ISO US Technical Advisory Group for Project, Programme and Portfolio Standards (ISO/TC258). Joe has also authored several papers regarding the practical use of program management and multiple maturity model approaches as an enablers for PMO development, value delivery and in improving organizational project business excellence.