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P162 The Management of Project Management

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The Management of Project

Management

Patrick Weaver FAICD, FCIOB.


Mosaic Project Services Pty Ltd

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Presentation Outline
• Introduction
• The Concept of Project Governance
• The Concept of value
• The Concept of Project Delivery Capability
(PDC)
• Conclusions

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Introduction

There is a massive governance & management


‘black hole’ destroying stakeholder value
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Introduction
• 90% of the time, the concept of ‘project
failure’ is executive buck passing
• Organisation’s managements choose
not to manage their projects well
• But successfully managing ‘projects’ is
still only ½ the battle!
• Value creation needs an end-to-end view!
• Failing to invest in these capabilities is a
governance failure
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Introduction
• The interlinked elements of the
‘management of project management’

Traditional project &


Organisational Support
of Project Management program management
Valuable investments - PDC Systems -
in projects &
programs

Governance Support Organisational


& Surveillance Change & Value
Systems Creation
Systems

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Introduction
The sphere of ‘project governance’
Download the White Paper:
https://mosaicprojects.com.au/WhitePapers/WP1073_Project_Governance.pdf

Traditional project &


Organisational Support
of Project Management program management
Valuable investments - PDC Systems -
in projects &
programs

Governance Support Organisational


& Surveillance Change & Value
Systems Creation
Systems

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Governance – Option 1
• All difficult decisions are ‘Governance’
• All oversight roles are ‘Governance’
• Sponsors and ‘Control Boards’ are
‘Governance’
• Proponents: project managers working
in IT and government

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Governance – Option 2
• BS 6079:
2010
• Portfolio Mgmt.
= Governance

• Other Mgmt.
= Management

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Governance – Option 3
• Governance =
– Concept / Vision / Mission / Attitude & Ethics
– Strategic objectives / Directions / Oversight
– Reflection / Asking the ‘right questions’
• Management =
– Systems / Processes / Functions / Structure
– Decisions and Prioritisation
– Outcomes / Answers
– Surveillance and Discipline
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Governance – Option 3
• Proponents: OECD, Stock Exchange, APM

Governance is the
means by which
objectives are
defined & achieved,
not the mechanism

Boards Govern!

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Governance Governance Systems

Directors
Board of
Executive The Governance System

The Management System


Management

The Project Delivery System


Middle & Front
Line Managers

(PDC / Org. Change)

Sponsor or
PCB System
The Project Management System

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Governance Other Systems – ASX, Government, etc.

Directors
Board of
Stakeholders

Executive The Governance System

The Management System


Management

The Project Delivery System


Middle & Front
Line Managers

(PDC / Org. Change)

Sponsor or
PCB System

. Download the White Paper:


https://mosaicprojects.com.au/WhitePapers/WP1084_Governance_Systems.pdf
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The concept of value

• Creating value is ‘straightforward’


• The systems needed to create value are
not!

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The concept of value

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The concept of value

Download the White Paper:


https://mosaicprojects.com.au/WhitePapers/WP1078_Change_Management.pdf
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Project Delivery Capability

Download the White Paper:


https://mosaicprojects.com.au/WhitePapers/WP1079_PDC.pdf
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Conclusions
• Most organisation fail to realise the full
value from their projects and programs!
• Two elements are missing
– An effective Project Delivery Capability to
support project management
– An effective Value Delivery Chain
• Not investing in these is a governance
failure, but:

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Conclusions
• As a profession we are not helping!
• We don’t have a concept for PDC
– There is no recognised name
– There is no academic research
– There are no recognised standards
(DIN draft standard 69909 excepted)
• We confuse governance and
management (particularly in IT)

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Conclusions
• We lack clout at the governance level of
most organisations
• We make excuses for executive
management failure
• We focus on the ‘Iron Triangle’, in
preference to value

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Conclusions
• 16 years ago Martin Cobb stated his
paradox: “We know why projects fail;
we know how to prevent their failure
- so why do they still fail?”

• It’s time for a change!

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Discussion
The Management of
Project Management

• Questions please
• Contact details:
– Email: patw@mosaicprojects.com.au
– Additional resources:
http://www.mosaicprojects.com.au/Resources_Papers_162.html

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