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The Secret Form Ula For M Anaging M Ultiple Projects: Recent Research

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Angel Castro Marcelo
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31 views2 pages

The Secret Form Ula For M Anaging M Ultiple Projects: Recent Research

Uploaded by

Angel Castro Marcelo
Copyright
© Attribution Non-Commercial (BY-NC)
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as PDF, TXT or read online on Scribd
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The Secret Formula for Managing Multiple Projects

Page 1 of 2

Published: May 31, 2013

Recent Research

The SecretForm ul af or M anagi ng M ul t i pl e Proj ect s


An emphasis on company-wide collaboration and flexible oversight is key. Title: M anagi ng a G roup ofM ul t i pl e Proj ect s:Exam i ni ng t he I nf l uence ofTeam Cul t ure and Leader Com pet enci es ( f ree) Authors: Peerasi tPat anakul( Pennsyl vani a St at e U ni versi t y)and ZviH .Aronson ( St evens I nst i t ut e ofTechnol ogy) Publisher: H ow e SchoolofTechnol ogy M anagem entR esearch Paper N o.20136 Date Published: January 2013 The i m port ance oft eam cul t ure t o a proj ect s success has l ong been ext ol l ed by researchers and m anagers al i ke.Butt hi s onalw i sdom by addi ng a si gni f i cantw ri nkl e.I nt he i ncreasi ngl y com m on si t uat i on i n w hi ch paper breaks w i t h convent i m anagers are handl i ng severalproj ect s si m ul t aneousl y,t eam cul t ure has l i t t l e beari ng on t he success ofan i ni t i at i ve,t he zat i onwi de f ocus on col l aborat i on and t he avai l abi l i t y ofagi l e aut hors f ound.I nst ead,t he m ostcruci alf act ors are an organi m anagers w ho can j uggl e responsi bi l i t i es. D espi t et he grow i ng presence oft he m ul t i proj ectf ram ew ork,under w hi ch m anagers l ead severalshort erdurat i on proj ect s i mi t ed,t he aut hors w ri t e.The assum pt i on wi t h separat e goal s and deadl i nes,em pi ri calresearch on t he approach has been l has been t hatt eam cul t ure w i t hi t s em phasi s on const ruct i ve cri t i ci sm ;experi m ent at i on;l earni ng f rom m i st akes;shared he si ngl eproj ect val ues;and open,cont i nuous com m uni cat i on w oul d be as vi t ali nt he m ul t i proj ectset t i ng as i nt envi ronm ent . To expl ore t he i ssue,t he aut hors surveyed 124 m anagers w ho oversaw m ul t i pl ei nf orm at i on syst em s or t echnol ogy i ni t i at i ves atf i rm s i nt he f i nanci al servi ces i ndust ry.O n average,t he m anagers had 11 years ofexperi ence i nl eadi ng si m ul t aneous y di rect ed t hree t o si x atany gi ven t i m e.M ostoft he proj ect s w ere com pl et ed i nl ess t han a year, proj ect s,and t hey t ypi cal l had a budgetofl ess t han U S$2 m i l l i on,and requi red f ew er t han 20 t eam m em bers. o organi zat i onalcul t ure, I nl i ne w i t h previ ous research,t he aut hors queri ed t he m anagers on a range oft opi cs rel at ed t proj ectl eaderscom pet ency,and t eam bui l di ng.The m anagers w ere al so asked aboutt he out com es ofpart i cul ar i ni t i at i ves i nt erm s oft hei r durat i on,cost ,l evelofcust om er sat i sf act i on,and i m pacton busi ness success.U si ng t hi s dat a, hors perf orm ed a seri es ofregressi on anal yses.To t hei r surpri se,t hey f ound t hathavi ng a st rong t eam cul t ure di d not t he aut si gni f i cant l y af f ectsuccess i nt he m ul t i proj ectset t i ng. i al l y underm i ne t he benef i t s O ne possi bl e expl anat i on i st hatt he uni que charact eri st i cs ofm ul t i proj ectenvi ronm ent s essent associ at ed w i t h bui l di ng a st rong t eam i dent i t y.I n part i cul ar,proj ect sl aunched i n conj unct i on w i t h ot hers w i l ll i kel y have ndi vi dualat t ent i on short er t i m ef ram es,be f orced t o share st ret ched resources w i t h unrel at ed i ni t i at i ves,and recei ve l ess i f rom m anagers al lf act ors t hatm ake nurt uri ng a cul t ure att he t eam l evelm uch m ore di f f i cul t ,and,one coul d argue,m uch l ess rel evant . l aborat i on on a Al t hough t eam based cul t ures i nt hi s envi ronm enthad quest i onabl e m eri t s,ef f ort st o bui l d a cul t ure ofcol com panywi de basi s w ere f ound t o have a si gni f i cantand di rectef f ecton proj ectsuccess.An organi zat i onalcul t ure t hat

http://www.strategy-business.com/article/re00237?gko=e53fa&tid=27782251&pg=all

15-Jun-13

The Secret Formula for Managing Multiple Projects

Page 2 of 2

val ues cooperat i on and i nnovat i on exert si t si nf l uence on t eam w ork and uni tl evelout com es,w hi l e a cul t ure w hi ch em phasi zes com pet i t i on and conf orm i t y has t he opposi t e ef f ect ,t he aut hors w ri t e. o di f f erentt eam s and Success i n m ul t i proj ectset t i ngs i s al so dependenton havi ng proj ectm anagers w ho can adaptt i ni t i at i ves easi l y and qui ckl y.I n short ,m anagers w ho can be j acksof al l t rades are essent i al .They m ustbe capabl e of l i st eni ng,aski ng quest i ons,com m uni cat i ng ( verbal l y and i n w ri t i ng) ,and art i cul at i ng and handl i ng t he i nf orm at i on w het her ti st echni cal ,l egal ,adm i ni st rat i ve,or i nt erpersonali n nat ure, t he aut hors w ri t e.O t her key qual i f i cat i ons i ncl ude t he abi l i t y i t o assem bl et eam s sw i f t l y and t o del egat e aut hori t y w hen necessary. or m ul t i proj ectsuccess. The aut hors suggestseveralw ays t hatcom pani es can bet t er t hei r chances f To hel p creat e a com panywi de cul t ure t hatt ranscends t he bonds est abl i shed by i ndi vi dualt eam s,seni or m anagers shoul d seta st rong exam pl e by shari ng i nf orm at i on aboutvari ous i ni t i at i ves and em phasi zi ng t hei r com m i t m entt o di f f erent e.They shoul df ost er t he soci al i zat i on ofnew com ers by assi gni ng t hem t o supervi sors w ho st ress proj ect s,t he aut hors w ri t t he com pany s col l ect i ve goal s.And w henever possi bl e,l eaders shoul d prom ot e cooperat i on,com m i t m ent ,an em phasi s on cust om er sat i sf act i on,and rew ards f or f i rm wi de perf orm ance pract i ces t hathave been show n t o enhance a shared sense of organi zat i onali dent i t y. On t he supervi sory f ront ,new m anagers m ustbe exposed earl y and of t en t ot he m ul t i proj ectenvi ronm enti ft hey are t o devel op t he necessary ski l l s.The aut hors suggestassi gni ng each new com er t ot w o sm al lproj ect s,gui ded by an experi enced d be t o appoi ntt he new hi re as an assi st antt o a vet eran m anager w ho i s runni ng severalproj ect s. m ent or.An al t ernat i ve w oul The handson experi ence i s necessary,t he aut hors w ri t e,because i ti s nota gi ven t hata good si ngl eproj ectm anager w i l lbe an equal l y good m ul t i pl eproj ectm anager and vi ce versa. Bottom Line: i proj ectenvi ronm ent ,t eam cul t ure has l i t t l e beari ng on success.I nst ead,a f i rm wi de cul t ure em phasi zi ng shared I n a m ul t val ues and goal si s key.Fi rm s al so need t o have f l exi bl e m anagers w ho can j uggl e a num ber ofi ni t i at i ves,adapt i ng t ot hei r di f f erentneeds and pressures.

http://www.strategy-business.com/article/re00237?gko=e53fa&tid=27782251&pg=all

15-Jun-13

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