Thursday, July 11, 2013

About the PM's Mission



Ever tried to write a mission statement for the project manager (not project management, per se)? I have. Here's what I came up with:
The project manager’s mission is to manage assigned resources to deliver the value expected, taking measured risks to do so
Why do I like that way of putting it? Because:
  • It's got input, output, and risk all tied in
  • It's not about scope, it's about value
  • You can't do projects if you have no appetite or tolerance for risk
  • It works in the private sector, but it also works for public sector and non-profit or NGO sectors
And, you can link the mission with what I think of as the project equation:
Project value is equal to, or greater than resources committed to the defined scope and risks taken to achieve favorable accomplishments
I like that "equation" idea because it segues nicely into this idea:
The cost of the project is not it's value; it's value is what difference it makes to the enterprise, either on the balance sheet or the mission scorecard.

Mission and value... that's the whole package!

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2 comments:

  1. Hi, I love your dazzling post! As a project manager, I'd like to add. Managers face many difficulties when it comes to identifying and naming the risks that occur when undertaking projects. These risks could be resolved through structured or unstructured brainstorming or strategies. It's important to understand that risks pertaining to the project can only be handled by the project manager and other stakeholders of the project. thanks all!~ Sarah Jackson

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    1. Sarah: your point is why talk in the blog-sphere about no need for risk management in Agile methods, or no role the PM as a risk manager in agile is really nonesense. There are some risks to the project that just cannot be delegated

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