Product Innovation Trends

Planning for ROI: Best Practices of Project Management

Steve Fasano | October 21, 2014

“Software has automated a lot of things, but not goals, resources, and products.”

What The Hell Is Project Management, Anyway? Fast Company

With a lengthy checklist of complex tasks and a sometimes longer list of people to keep informed, much of the success of many business endeavors rests on the shoulders of Project Managers.

No other team member has as much of an across-the board influence on a project’s outcome. As one hometown professional put it when meditating on the duties of her fellow professionals, Project Managers are “like the project’s nervous system.”

We agree. Project Managers do much more than set short-term goals, negotiate deadlines and mind profit and loss. They identify stakeholders, gather collaborators, find the resources and recommend the tools that help individual contributors get their work done, and that enable oversight and regulation of the process. They keep colleagues aligned to the same set of goals in more specific ways as well:

  • Making sure that business teams communicate the right objectives to the development team, and that Quality Assurance tests appropriate functionality
  • Communicating design changes and using traceability to make sure that affected items are flagged and the appropriate users are alerted
  • Tracking release planning while managing what’s critical right now, while also minding the backlog for future development
  • Assigning read/write privileges through every level of hierarchy, so that each team can see what others are working on without stepping on toes, or overwriting something they shouldn’t change

At the heart, project management is really about mapping the route in between the aspirational and the attainable.

To that end, we offer a plan of attack for any professional looking for a way to be the both the positive influence and the forward push.

Download Project Management Best Practices and move forward. 

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  • Ali kazmi

    Great Post, the specification of your fundamental are brief with enough information. Thanks for the great direction, I’m sure it will be put to good use.