5 Steps to Project Management Planning. Project management planning is a process that you need to undertake every project, as part of the project management life-cycle. This short video offers five steps to planning your project today. Transcription Hello, I’m Jennifer Whitt, Director of ProjectManager.com. Welcome to our White Board Session today on “Planning a Project in Five Steps.” We get so many questions on planning projects, and how to get beyond analysis paralysis, and how to alleviate skipping, and go directly to executing the project. So, today what we want to talk about are, there are some simple things that you can do to get out of analysis paralysis, and begin planning to go towards execution. I’d like to bold things down and make things simple. If we work in planning, we come up with a course of action to get from point A to point B.
A lot of times we get ahead of ourselves in our projects, and we can begin working on that. Here are five steps that can help you move forward. Number two. We also create a timeline. Johnson. Hoshin Planning Process. Hoshin Kanri. Hoshin kanri (direction management (Japanese: 方針管理, Hepburn: hōshin kanri?)) Is a method devised to capture and cement strategic goals as well as flashes of insight about the future and develop the means to bring these into reality.[1] Key features[edit] Also called policy deployment, hoshin planning, or simply hoshin (as in "FY12 Hoshin"), it is a strategic planning/strategic management methodology based on a concept popularized in Japan in the late 1950s by Professor Yogi Akao.
"Each person is the expert in his or her own job, and Japanese TQC [Total Quality Control] is designed to use the collective thinking power of all employees to make their organization the best in its field. " This is the fundamental principle of hoshin kanri. In Professor Ishikawa's words in his book What Is Total Quality Control? : "Top managers and middle managers must be bold enough to delegate as much authority as possible. The discipline of hoshin kanri is intended to help an organization: Hoshin tables types: Hoshin Planning: Making the Strategic Plan Work. Bob Page February 26, 2010 Hoshin planning, which focuses on achieving a vital annual stretch goal, has been used successfully by Toyota and other companies in Japan since the 1960s and some top-tier companies in the United States and elsewhere. However, interest in using Hoshin planning now appears to be growing.
Bank of America, for example, has made a very visible display of its use recently. And as more large U.S. businesses use Hoshin, it is almost certain that they will pressure suppliers in their supply chain to also adopt it. Hoshin’s adoption by U.S. businesses has been relatively slow because many organizations did not have the management and process infrastructure in place to support Hoshin planning. Another reason is that early adopters saw its benefits and did not tout its use as they saw it as contributing to their competitive advantage. Since an increasing number of organizations appear to be modeling their business practices on the Toyota system. 1. 2. 3. 4. 5. 6.
Porter's Value Chain - Strategy Skills Training from MindTools. Understanding How Value is Created Within Organizations Porter's Value Chain. How does your organization create value? How do you change business inputs into business outputs in such a way that they have a greater value than the original cost of creating those outputs? This isn't just a dry question: it's a matter of fundamental importance to companies, because it addresses the economic logic of why the organization exists in the first place.
Manufacturing companies create value by acquiring raw materials and using them to produce something useful. Retailers bring together a range of products and present them in a way that's convenient to customers, sometimes supported by services such as fitting rooms or personal shopper advice. And insurance companies offer policies to customers that are underwritten by larger re-insurance policies. The value that's created and captured by a company is the profit margin: Value Created and Captured – Cost of Creating that Value = Margin Primary Activities. The McKinsey 7S Framework - Strategy Skills Training from MindTools.
Ensuring That All Parts of Your Organization Work in Harmony Learn how to use the 7-S Framework, with James Manktelow & Amy Carlson. How do you go about analyzing how well your organization is positioned to achieve its intended objective? This is a question that has been asked for many years, and there are many different answers. Some approaches look at internal factors, others look at external ones, some combine these perspectives, and others look for congruence between various aspects of the organization being studied. Ultimately, the issue comes down to which factors to study. While some models of organizational effectiveness go in and out of fashion, one that has persisted is the McKinsey 7-S framework. The 7-S model can be used in a wide variety of situations where an alignment perspective is useful, for example, to help you: The McKinsey 7-S model can be applied to elements of a team or a project as well.
The Seven Elements Let's look at each of the elements specifically: Strategy: Stakeholder Analysis - Project Management Tools from MindTools. Winning Support for Your Projects Try this out in our Interactive Screen App! In this video, learn how to conduct a Stakeholder Analysis. Stakeholder management is critical to the success of every project in every organization I have ever worked with. By engaging the right people in the right way in your project, you can make a big difference to its success... and to your career. – Rachel Thompson, Mind Tools.
As you become more successful in your career, the actions you take and the projects you run will affect more and more people. The more people you affect, the more likely it is that your actions will impact people who have power and influence over your projects. Stakeholder Management is an important discipline that successful people use to win support from others. Stakeholder Analysis is the technique used to identify the key people who have to be won over. The benefits of using a stakeholder-based approach are that: How to Use the Tool The steps are explained in detail below: Example.
Problem Solving. WBS. RACI. Tasks & Scheduling.