TPM Blog

19.12.2011 - Presentation to Actuarial Profession 'Life Conference' November 2010

Title: Project Management - A Skill for the Good Times?

 The presentation focussed on the following areas;

  • the relevance of project management ("PM") skills to the actuarial profession
  • how PM skills can grow the top line as well as protecting the bottom line to professional advisers
  • what cultural barriers exist to advisory firms, and how to overcome them
  • how to develop the skillset and draw on best practice
  • investment issues and considerations of timing, "is now the right time to make this investment?".

Questions raised confirmed that many people in the actuarial profession are already working at developing PM skills, and Solvency II has helped add urgency to these developments.

     
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18.12.2011 - LinkedIn 2011 - Is the PMI Certification valuable?

In the UK market there is a prevalent PM method called Prince2. Many organisations specify this when recruiting/procuring, because it is the only certification they know. In fact it is not a PM-certification so much as a method-certification. It can be obtained in a 5 day crammer course. It is a good method, but it is not the only method out there. Its popularity says more about the feeding frenzy that has been created around it by training companies than anything else. The institutes (PMI and APM/IPMA) have been slow to respond, and are not well known by many people who are looking for project managers. I consider Prince2 has set the project management profession back 10 years in the UK.
So, Prince2 is good, but it is not a suitable credential when looking for a high quality PM. It can be bought/the qualification achieved by people who are anything but proven, quality PMs. I have known many people obtain it and then not know how to use it when back in the workplace. My view is it is [only] a box to tick for experienced PMs who are starting to work with 'Prince2 organisations'.
PMI/PMP is similar. When I achieved it 11 years ago it helped me understand project management and I got a lot out of it. But it is entry level. Good, but not a full professional credential. It risks being over-sold.
What we need is a high level credential. One that shows you have many years experience and have achieved formal qualification demonstrating great depth of knowledge. So far as I am aware this is not offered by PMI.
When I go to a doctor or a lawyer I know what I want and, by & large, those professions ensure I get it. No organisation yet provides a professional standard of that level for project management.
In my view that should be available.

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18.12.2011 - Newsletter May 2010

TPM newsletter

 

May 2010

 

 

First anniversary

 

As TPM passed its first anniversary it has been interesting to reflect on how much we have achieved.  With project work as diverse as ever our clients have given us some very exciting challenges.  We have been introduced to clients working in new industry areas, including provision of services to DWP, as well as continuing to work with some old friends.

 

It has also been a pleasure for me to continue to work with Doug O’Neal, who has been a huge support on projects I have worked on for over 4 years.

 

Recent events  make it difficult to say what the remainder of 2010 will bring, but corporates in the UK and worldwide are undoubtedly still feeling the pinch.  Decisions about which projects to start and – more difficult this one – which projects to ditch will be crucial to some organisations’ futures.  Our services update below may help you consider some of those areas where you need to focus as the year unfolds.

 

I hope you enjoy this brief update.  I should very much appreciate your feedback.

 

New look website

 

TPM has updated its website, partly to recognise the increasingly diverse markets that it operates in.  Please do look at the attached link, and save it as a favourite on your browser!

 

http://www.tpm-projects.co.uk

 

As a result we have changed the email domain used in the business.  Our email addresses will change to the following, from today;

 

john.rowley@tpm-projects.co.uk

 

doug.oneal@tpm-projects.co.uk

 

Please save these addresses to your address book to avoid us coming to grief in your spam filter.

 

Services update

 

Ø Training

 

TPM has developed and delivered training in both project management and Microsoft Project, and is happy to deliver training in these or related areas on a bespoke or ‘off the shelf’ basis.  Please contact me or Doug by email or on 020 8144 3391 if you would like to hear more about the training available.

 

 

Ø iXBRL

 

An issue that is on many people’s minds at the moment is the requirement, from April 2011, to file corporation tax returns (and supporting documents) using the Inline eXtensible Business Reporting Language (iXBRL) format.  TPM is pleased to be partnering with Arkk Solutions to provide services to clients who need to adapt their compliance processes to comply with these requirements.  If you would like to hear more about the services operated in this area please contact us.

 

Arkk Solutions presented their offering to the Tax Practitioners Group in March 2010.  A full report of the Tax Practitioners Group meeting can be found on the Tax Journal website, click  here.

 

Ø Distressed projects

 

A project that was misconceived for the business, or poorly designed or executed, can cause havoc to an organisation.  As well as taking up valuable resource it could lead to poor executive decision making, damage to the company’s reputation or even claims made against the company.  It is especially important at times such as these that these perils are avoided.  In some cases the right decision is to abandon the project.  This will be true where the project was based on a poor (or no!) business case.  In other cases the project may be revivable, although possibly not without major surgery.  An urgent review of problem projects cannot take place quickly enough.

 

This is just one of the services that TPM would be happy to discuss with you. 

 

For an overview of other services TPM can provide, please click on the link below:

 

http://www.tpm-projects.co.uk/services.html

 

Topical issues – Programme Management Office

 

A hot topic for companies is whether to establish a Programme Management Office (PMO).  TPM is implementing a PMO for one of its clients as this newsletter goes to ‘print’.  We should like to hear your views on this subject, and would be grateful for your input on a (very brief) survey; please click here.

 

 

John Rowley

 

May, 2010

 

Tax Project Management Ltd Registered in England No. 6796984
www.tpm-projects.co.uk   Tel: 020 8144 3391

If you wish to unsubscribe from future TPM updates please reply to this email with "unsubscribe" in the subject box and we will remove your address from our mailing list.

 

 

This E-mail is confidential.  It may also be legally privileged. If you are not the addressee you may not copy, forward, disclose or use any part of it. If you have received this message in error, please delete it and all copies from your system and notify the sender immediately by return E-mail. Internet communications cannot be guaranteed to be timely secure, error or virus-free. The sender does not accept liability for any errors or omissions.

 

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17.12.2011 - 'Worrying trends' - a rant in 2010

Worrying trends

 

 

A further take on the issue of professionalism in project management

 

 

There is a worrying trend in the project management world. People are inventing new methods!
 
It seems everywhere you turn now there is an organisation that has come up with a new approach which will solve all your problems, and avoid all of the (otherwise insurmountable) problems of 'traditional' project management.  Thank heavens!

 
I have a personal concern about this however.  Perhaps a minor worry, but an issue which I can't shake off.  Whether it is critical this or agile that I can't find much that is new in these methods.  In fact I am not convinced they are new methods at all.  I go to seminars, presentations, stands at conferences.  I am hungry for knowledge in these new and exciting - potentially revolutionary - approaches.  But, like the cliché about Chinese food, after the initial exciting taste, I invariably go away unsatisfied, hungry.
 
The fact is I think there is nothing wrong with traditional approaches to project management.  I think they work very well, and they have served me well for nearly a decade and a half.  So I am not motivated by dissatisfaction, but I am always hungry for new knowledge, new ways to improve.
 
And here is the problem.  At these presentations I always seem to hear criticism of traditional 'waterfall' scheduling methods, and restrictive approaches to change control (even the suggestion that traditional methods cannot cope with change at all).  And supposedly innovative ideas about estimating, resource allocation, communications, etc.,  none of which seems to be new to me.  Most worrying of all, the impression I get from some presenters is that they have not studied traditional project management at all, but merely inherited some prejudices about it.  From people who were not very good at it.
 
Therefore what we end up with is a group of people who do not know much about a subject, trying to sell new approaches to solve problems that aren't there.  Their attitude fails logical analysis.  If I were to say; 'Look at that person, they must be a bad driver because they have just had an accident.  Their second in a week.  The driving school that trained them has let them down.  Therefore the driving schools that we have used in the past must have let all of us down.  So we need to find a new way to learn to drive.  Please attend my seminar on "Better, safer driving.."..' you would not be convinced.  You would not buy.  So why do we get sold to in this way in the project management profession?
 
I used the word 'profession'.  I believe project management is a profession, and I am fully behind APM efforts to achieve charter status to help reinforce this fact.  But if we are a profession, why are we acting like a bunch of 'alternative practitioners', or allowing others in our midst to do that?  If you studied the APM body of knowledge, or the PMI BoK, and attended training courses covering this material, and if you paid close attention to your mentor in your 'apprentice' years, you will have learned a vast amount about project management.  If you studied Prince2, and/or one of the many, hugely impressive corporate methods out there, you will have learned how to turn theory to practice.  And over time you will have become a very, very good project manager, consistently delighting your stakeholders with your results.  All from traditional materials.  No alternative methods necessary.
 
So why have the alternative practitioners emerged?  I think part of the answer lies in confusion between methods and techniques.  It is time for me to make a confession.  I think there maybe something to Agile.  Not as a method, but as a helpful technique to employ within the application of a traditional project management method.  I will return to this issue shortly.
 
But first I must get something else off my chest.  For years now I, and many others, have been fighting a battle with Prince2 training providers.  And some have seen the light.  The battle has concerned;

 

v  Taking people onto method training without insisting on them taking project management training first (Prince2 training, if it does anything, teaches you about the Prince2 method, but not about project management).  So my recommendation is to take an APM or PMI qualification before taking Prince2, then you will have fighting chance of understanding and therefore being able to implement successfully Prince2 on your project.

 

v  And “why-oh-why” must we persevere with the dreadful 5-day crammer format, which allows for no explanation, no attempt at understanding, no discussion.
 

 

The result has been wave after wave of people (often public sector) attending Prince2 training and obtaining qualifications, and then returning to the office not understanding the project management skillset and failing to successfully deliver projects.  We know this. They consistently complain about it.  But the tide is turning, some trainers are alive to the issues.  So are enlightened employers.  We are finding that increasing numbers of people are adopting the combination approach of, say, APMP with Prince2, which must be good.  So why tell this tale now?  Well I think the project management profession is now dragging itself back from a difficult position over Prince2, a position that risked making it look not very professional at all.  I think it may well be that the profession needs to similarly pull itself back from difficulties with the plethora of alternative practitioners.  This does not mean rejecting them in every case.  It may mean engaging with them. But on a different level.
 
I return to Agile.  Where I am persuaded that Agile is onto something is in the area of creative development.  That's why its focus, its genesis, has been in software development. Techniques such as scrums and sprints, which allow for iterative development cycles, provide a solution to a problem not well handled by traditional approaches, and are valuable.  But that is the key point: they are techniques.  APM BoK should incorporate them, bring them into the mainstream.  Stop people talking about a ‘new approach‘ to project management.
 
I have found that if one attends Agile presentations there is a tendency for the presenter to; a) seek to style Agile as ”‘the next big thing”, and ‘traditional’ project management as woefully inadequate, and b) then  reiterate lots of project management orthodoxies seemingly not adopted by those people attracted to the Agile approach.  Such presenters may be knowledgeable and experienced project managers and, I suspect, provided an extremely valuable service to people who may have learned the 'Agile method'.  But the impression is that the Agile community have unfortunately by-passed traditional project management training, so they need to learn some project management golden rules.  A number of recent experiences have got me thinking; have we got ourselves into another 'Prince2 trap'?  Do we now have people out there saying "..traditional project management is dead, Agile [say] is the new way. All I need is some Agile training and I'll be away..".  More bad logic.  More problems being stored up for the project management profession.  Another issue to untangle.
 

 

I think there is a metaphor here with regard to the development of science.  Most scientific development is incremental in nature.  It does not throw away what went before it, but rather develops it, builds on it.  Not all scientists are Newtonian ‘paradigm-shifters’.  So it is with the project management profession.

 


So to conclude.  Project management is a professional activity and project managers deserve to be treated as professionals.  To achieve this they need to behave in a professional way.  And this involves;

 

 

Ø  Respecting the body of knowledge, and acting in accordance with it

Ø  Contributing to its development, where necessary, and

Ø  Not putting personal/commercial advantage above dedication to the profession.

 

If we all do these things, and help encourage others to adhere to them (say, at project management events), we will really start to look like a profession.  As we should.

John Rowley

 

Director, TPM

 

John.rowley@tpm-projects.co.uk

 

Tel: 020 8144 3391

 

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16.12.2011 - Articles

Here is a link to a number of my articles on project management, 2000-2009;

http://www.tpm-projects.co.uk/articles.html

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Project Management Consultant PMP, MAPM, Prince2

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