Happy Holidays from Cadence Management Corporation
December 22, 2008
Cadence and PMI Education Foundation
August 14, 2008
This week at the PMI Education Foundation booth at the Latin America Congress, we were thrilled to see recognition for our as-yet unlaunched partnership with PMI. The $100,000 donation represents our on-going commitment to fostering project management education in the classroom — something we’ve worked hard to evangelize through our relationships with higher education partners over the years. This alignment with PMI is the first time we’ve launched any effort to teach K-12 educators and administrators in the craft and discipline of project management, including helping to develop strategies for incorporating project management discipline in their curricula.
More details will be coming soon. Check back here for more!
The Project Management Center of Excellence: PMO Evolved.
June 30, 2008
In the mid-1990’s, there came about a well-defined bit of cost-cutting wizardry called the “Center of Excellence.” The COE was well-defined both because of the intent of its function in organizations, and because of its innate irony; you see, a decade and a half ago, the Center of Excellence involved lay-offs.
The COE was fashioned as a method of saving money by centralizing the best of all duplicate resources inside a large organization into one place. This center would then take on the task of managing their piece of the organizational puzzle, while any similar divisions outside the center would be dissolved.
But, like many other accidental discoveries, something wonderful happened. Before long, the COE approach took on more than just a functional use inside the organization — the COE began to live up to its name.
In modern project management, the specific tasks that fall to the Center of Excellence varies quite broadly from organization to organization. However, there are trends and best practices that define the high level function of the COE in the Project or Program Management Office.
First, the Project Management Center of Excellence provides educational and intellectual resources to the project management function of the organization. It is here that the organization houses the body of standards and guides for excellence in the internal project management operation. The PM-COE is the home of organizational methodology for project management.
Second, the PM-COE drives hiring and training against those standards. Global organizations striving for project management excellence are benchmarking their own processes and procedures against results. Ensuring human resources are hired, trained, and prepared to deliver results falls to the PM-COE.
Third, the PM-COE defines strategy in project management for the organization. This is the primary resource for intellectual capital in the broader field inside the company and provides access to the tools and technologies project managers will need to accomplish their jobs today, and in the future.
Finally, the PM-COE really can help grow profits and cut costs. Perhaps it is in the managerial DNA of the COE concept, but when resources and tools are pooled in such a way as a function of the PMO, new opportunities for greater efficiency become naturally apparent.
The PM-COE is a partner to the PMO. While the PMO is focused tactically on managing projects and delivering results, the PM-COE becomes the pit crew, ensuring project managers are trained, equipped, and prepared for work. It becomes a symbiotic relationship, an invaluable partnership that invariably results in better project management.
Even more, however, organizations that have adopted the PM-COE model as a function of the project management office have demonstrated a tacit commitment to not just running projects, but to learning through project management, and defining the project culture clearly through eduction, information, professional development and strategic awareness.
Cadence is a key partner in advanced training and consulting services designed to assist organizations interested in maturing and growing their project management office initiatives. Contact Cadence today for more information.
OPM3: The Three Elements of OPM3
June 16, 2008
Last week we introduced OPM3, the Organizational Project Management Maturity Model, with a brief overview of the tools and infrastructure it provides in organizational project management. This week, we continue our discussion with an exploration of the three elements that provide the foundation of the OPM3 model.
First, an important distinction. Historically, standards in the field of project management have focused heavily on the individual project manager or program manager. This stems from a convention of measuring aptitude: what do you know, and do you know what to do in a project management context. OPM3 on the other hand, represents a first for the Project Management Institute, addressing not only individual project manager competencies, but best practices across the organization for portfolio, program, and project management.
As a project manager, using the word organization may seem daunting. In the context of OPM3, however, the organization could be your entire company as easily as it could be your own functional area. This is the real beauty of the model: it scales impeccably.
The Knowledge Element provides the foundation for OPM3: 557 best practices as defined by thousands of project management professionals at work in the field. The Knowledge Element doesn’t provide any specific guidance on implementation, rather it provides a background on OPM3 components and operation.
The Assessment Element provides access to the OPM3 Self-Assessment, the online tool that allows users to compare traits of their current organization against best practices as defined in the OPM3 model. Through this self-assessment, you will become keenly aware of strengths and weaknesses in your organization, and see just where you stand against the continuum of organizational project management maturity.
Still, the data you cull from the assessment process might not be an appropriate picture for your organization. That’s why, as a function of the assessment process, you are able to define which best practices apply most critically to your project, program, or portfolio environment.
At the highest level, your OPM3 journey could end there: with a snapshot of your current capabilities and a new awareness of where your organization stands on the maturity continuum. However, assuming you are investing in the process for continuous results, the Improvement Element will help you deliver. Here, you will use the data from the assessment process and build a plan for improvements on key best practices for your organization, implement those improvements, and then re-assess to ensure successful implementation. Each change is specifically targeted to advancement along the maturity continuum.
While the self-assessment tool is comprehensive, like any assessment, interpretation of variables can be tricky. That is why specially-educated Cadence project managers are available to help your organization begin the OPM3 assessment process, a powerful tool for ensuring your projects are delivering the right results today.
OPM3: Why it’s time to care
June 9, 2008
There are funny cycles in the field of project management.
PERT charts are no longer cool, for example. And we do a bit more planning these days than we did in the 50’s when most of our so-called “complex” projects were still run off a simple Gantt chart. But today’s projects have redefined the nature of the word “complex”. Teams are broader. Budgets are bigger. Deadlines are tighter. Stakes are much, much higher.
A decade ago, the answer was the PMO. The project management office was to be the central repository for project practitioners in medium and large companies. In the best examples, PMOs were user-driven and organic, managed by a savvy suite of experts who knew how to get the most out of the tools they used. And still, project complexity grew.
Today, the PMO has evolved. OPM3 stands to formalize project management operations and help to define a clear path for process improvement.
What is it? OPM3 stands for Organizational Project Management Maturity Model, and it is a model that is owned by the Project Management Institute (PMI). Unlike so many other maturity models in the field, however, OPM3 was crafted by thousands of project management professionals, volunteers, and experts across 35 countries around the world. This is not an ivory tower theoretical application.
In short, it is a big deal.
Perhaps because so many people were involved in its genesis, simply diving into OPM3 can prove a bit unwieldy. Put simply, OPM3 helps organizations understand a broad scope of best practices in the field through a knowledge element; measure organizational performance against those best practices through the assessment element; and build a bridge to meet those best practices through the improvement element.
There are 557 of these best practices, each broken down into a few meaningful capabilities. As such, where OPM3 shines is in dealing with the dramatic increase in complexity in today’s projects. In fact, OPM3 specifically encompasses a whole-organization view of project management, something Cadence has long professed as a key success factor in projects. OPM3 best practices cover project, program, and portfolio management through four key stages of process management: Standardization, Measurement, Control, and Continuous Improvement.
Too often, we see projects that have fallen prey to organizational ill-will. Projects that have fallen through the cracks of management, projects that are spearheaded in spite of misalignment with organizational priorities, and projects with no executive support or leadership. Where OPM3 shines is in helping organizations turn key strategies into projects, and ensure that all projects serve in the achievement of broad strategic vision.
Specially-educated Cadence project managers are available to help your organization begin the OPM3 assessment process, a powerful tool for ensuring your projects are delivering the right results today.
The Cadence Social Scene: IMU 2008
May 31, 2008
No, in fact we do far more around Cadence than just deliver best-in-class project management training. We play Horseshoes! Best. Game. Ever.
With the international crowd in Portland for the week, we decided to take advantage of the nice weather and head out the The Dalles for food, games, and fun after a full week of methodology discussion. It was a great release for everyone, and a chance for all to show off their mad skills with big iron, and fancy footwork on the field! See the gallery below for the rest of the event.
Project Management Seminar June 2-4 — Second Session Added!
May 13, 2008
Space has been running scarce in Portland! Thank you to all of you how have signed up so far. To those of you who have been on the waitlist, your wait is over! Today, we added a second Portland session to the calendar.
Location: World Trade Center — Portland, OR
Date: June 2-4, 2008
Enroll: http://urltea.com/36o3
If you were on the waitlist, you’ll be contacted shortly — if you haven’t been called already. If you’ve been holding out on making your reservation, now is your chance!
See you in Portland this summer!
Stratos Supports the Cadence Project Management Methodology
May 7, 2008
At Cadence, we have had the opportunity to work with some of the most innovative companies on the planet. This particular expertise is showcased in Stratos, a company whose mission it is to develop products on contract, quickly, efficiently, and of the highest quality.
That is why it is particularly exciting when another company such as Stratos counts on the Cadence methodology to deliver mission critical projects on time, on budget, and ahead of schedule.
John Patton on Chilean Television
April 19, 2008
If you’re a Spanish speaker, watch this video to meet Fernando Romero, CEO of E+PMC in Chile, and John Patton, CEO of Cadence Management Corporation. E+PMC is the newest Cadence Global Solution Provider partner to join the Cadence network, and we’re thrilled to see them fostering such a wonderful global discussion on project management!
Cadence, PMI North America Conference Recap
October 15, 2007
The PMI Global Congress North America wrapped up events last week in Atlanta, Ga., and Cadence was there in force. We were thrilled to see so many clients and partners at the event! If you missed out, enjoy this recap of PMI and Cadence highlights!
PMI used the opportunity to announce a suite of project management tools and resources for members and PMPs. Be on the look-out for more information on the PgMP Credential; the Program Management Professional Certification launched October 1, and PMI used the Congress Keynote to show off the first class of credentialed PgMPs to the audience. We will be covering the PgMP certification process in more detail, and we will help you get your arms around just how the credential might play a role in your organization and career development over the coming months. For more information on the announcement, visit PMI.org.
In other career planning news, PMI announced the development of a new software tool for career development, the PMI Career Framework for Practitioners. In PMI’s own words, “This single tool can help practitioners assess their skill level and build a case for advancement or further training - better preparing them for the next step in their career.” Learn more about the tool at the Career Framework site.
Cadence President and CEO John Patton joined the high-profile panel of research experts on the “Complexity in Project Management and the Management of Complex Projects.” The panel marked the second part of PMI’s Research Program Working Session, and capstone to a year-long collaboration between the PMI research department and industry. The panel provided a launchpad for future discussions on the topic next year, to be held at each of the three remaining PMI Congresses in Asia, Europe, and Latin America. Read More…
Cadence Chief Operating Officer Connie Plowman graduated from the PMI Leadership Institute Masters Class, an exclusive Project Management Institute member group dedicated to leadership of the PMI organization. Beginning in 2008, Plowman will turn her experience back to PMI, joining the 8-member Leadership Institute Advisory Group. This group serves to provide guidance and recommendation to the PMI Leadership Institute program, including the Masters Class, the Institute conference program, and PMI Learn. Read More…
Cadence seminar leaders played an active role in the Congress, too. Kimberly Liegel presented her paper, “Empowering Kids Through Project Skills,” urging the audience to think about today’s classroom as the incubator for tomorrow’s project managers, and provided a thoughtful discussion on how to engage them through classroom curriculum. Read More…
Back at the booth, seminar leaders Randall Englund and Alfonso Bucero hosted signings of their book, “Project Sponsorship: Achieving Management Commitment for Project Success.” Both gentlemen will be teaching the upcoming Cadence Project Sponsorship seminar, November 8-9, in San Jose, CA. The seminar addresses a key gap in project leadership, focusing on alignment between project managers, sponsors, and organizational leadership. Learn more about the seminar and take our project sponsorship audit at http://www.cadencemc.com.
Finally, seminar leader Claudia Baca hosted a signing of her books at the booth. Baca is widely known for her library of works in change management, OPM3, and PMP certification materials, all available now at amazon.com. Read More…
