TOP's four lens model changes management's perspectives and ​processes for value and project delivery
When we approach project delivery through the cost control lens we are doomed to failure. Two additional lenses are required for success.
Every day your project is delayed, you lose that day's value, permanently. Time is money. You need an active and effective value delivery approach.
The cumulative increase in project delivery costs plus the loss of targeted value causes projects to lose half of their available value, unnecessarily
Own goals? On-time/on a budget are measures of project efficiency, not business value. Until we take a business perspective, we'll continue to disappoint our business partners.
Looking the wrong way
The organization needs to vouch that their projects are not ‘frozen’ before they can be assured it will deliver real value to the business.
In our governance training, we emphasize that governance is about two things above all else – the delivery of desired business outcomes, benefits and value, and taking action. Project governance is not for watchers.
Scoring goals - it is not important to set goals and work towards sustaining the operations along with those set goals, but all the means must be utilized in order to achieve those goals and objectives.
The difference between an Audit and a Diagnostic
Do recruitment supplier panels add value or destroy it?
Are Project Managers a ‘commodity’?
Solving the non-problem
What is the difference between a ‘contractor’ and a ‘consultant’?
Two critical questions to ask your consultants
A disaster in flight
Delivering a project does not ensure the delivery of the business outcomes
What does TOP have in common with the iPhone
Yeah, but what does the software do? As project value seekers, project organizers and implementers need to think beyond the surface level and dive deeper into understanding the nooks and corners of every project so as to develop a comprehensible and reliable outcome.
The Investment Logic Map (ILM)
Outputs versus Outcomes
I have not got time right now!
Why you should NOT try to improve how you do projects!
Am I being unreasonable? It is important to monitor and analyze the true value of a project to avoid underestimating the worth of your work.
Its time to stop this madness! (1)
The essential THIRD dimension
Off and running - where?
The Power of Babel
Most of the value lost in projects is lost well before the project gets to implementation. This value loss may occur due to business (in) activity rather than be the fault of the project.
Please Mr Client, can I have some more?
A set of criteria to equip management to avoid pouring good money after bad by knowing when to stop funding a project or program.
Are you ‘competent’ or ‘capable’?
Jelly Management
The three indelible numbers
Railroaded
True value
8: The Five Components of Value Delivery
The Executive has the imperative role and responsibility to 'own' the project throughout its lifecycle. He/she has the specific duties of overseeing the development of the Project Brief and Business Case and thereafter hold a Post-Project Review to ensure the required values are realised.
Organizations are shying away from choosing to focus on value delivery—which is very expensive
Is the concept of 'value delivery' incompatible with project delivery or does one drive the other? We explain
2: The Value Equation
TOPics
- Benefits Management (29)
- Business Case (24)
- Business Simplification (5)
- Capability Development (38)
- Capital Investment (24)
- Change Management (17)
- Consultants (1)
- Costs and Waste (16)
- Engineered Thinking/Ideas/Innovation (8)
- Fifteen Critical Insights (15)
- Idea / Project Initiation (3)
- Mental Models, Beliefs and Myths (18)
- Outcomes Thinking (10)
- Path Dependency (10)
- Prioritization (13)
- Process Management (11)
- Productivity Improvement (7)
- Program / Project delivery (40)
- Project Controls (52)
- Project Governance (90)
- Project Management (4)
- Project Success (46)
- Project Validation (2)
- Risk Management (5)
- Scope Management (5)
- Standards/Frameworks/Methods (14)
- Strategic Project Portfolio Management (16)
- Strategy Execution (40)
- The TOP Four Lenses (1)
- TOP compared to orthodox approaches (7)
- Value Delivery (83)
- Value Equation (60)