It is important to assess the capabilities of your project management practices, as well as the knowledge and skill levels of your project team members. There must be a framework in place for linking individual and organizational improvement plans to targeted improvement areas.

It is only then that the organization will become capable of managing practices at the higher end of the maturity model, correlating to a better balance between cost, schedule, scope, and ultimately, improved profits for the organization.

In order to accelerate the transfer of knowledge from the classroom to the workplace it is important to promote optimal job performance by establishing supportive relationships, communications, and performance feedback.

Mentors provide just-in-time training and support in the execution of project management best practices — ensuring high-quality projects are completed on time and within budget.

One of the most standard project management methodologies is to create or refine a project management methodology that incorporates your organization’s best practices. Project performance improves when processes are standardized, measured, controlled, and continuously enhanced.

Another important project management methodology is to align projects and resources to meet strategic objectives. Effective portfolio management leads to targeted resource management, executive program control, business results, and organizational health and profitability.

~ Category editor Sakina Kadiwala. copyright data indianchild.com

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