Listen "Value Integration in Project Management"
Episode Synopsis
Recognizing the importance of identifying "what is the work in front of us" co-hosts Kendall Lott and Mike Hannan discuss improved ways cracking scope to improve project delivery and project value with guests Steven Devaux and Sergiy Potapov. Get past the traditional WBS to Product Flow Diagramming…which gives you progressive elaboration of the sequencing of work as you define it. Then step up to Value Breakdown Structures to identify total costs of work, including the drag (opportunity) costs of not executing some work. The goal of planning is to create understanding but also decision-making…what is worth spending more or less on to drive value? Look for the "-ity" words to identify value, (quality, usability, productivity, etc.) to help assess value. Beyond the value of the work, we move to ways of systematically defining the Risk to Value…where are the steps that are most sensitive to dropping or enhancing value? Listen, learn, and then investigate the approaches…we do!
More episodes of the podcast PM Point of View
The IMPACT Engine
12/09/2024
PM Game On!
09/08/2024
Program Value Management
24/10/2023
Asteroids
20/09/2023
Let it Flow, Success without Force
08/08/2023
Getting Out of Our Own Way
30/06/2023
PM Faceoff: Process vs Principles
22/05/2023
ZARZA We are Zarza, the prestigious firm behind major projects in information technology.