10/07/2008 by Robert Sutz
To support project and portfolio managers in their daily management of project execution work, Leadership Systems are used more and more frequently. Modern Project Leadership Systems offer predefined project execution processes which support the activities and decisions of the leadership team. In addition, they allow all relevant information (requests, decisions, risks, provisions, changes) to be centrally stored, contextually interrelated and preprocessed to support information needs of different steakholders.
Leadership System – Core Features
The most significant benefit of a Project Leadership System comes from mapping, complementing and supporting the leadership work. This includes all project tasks during the different phases, from efficient initiation, to complete documentation, to closure. Providing a basis for leadership, the Project Leadership System stores all leadership-relevant information including milestones (e.g. imported via an interface from MS Project), or goals and execution management cycles.
In the process of running the execution of a project, coping with an awful lot of decisions, provisions, changes, risk assessments and notes is one of the leadership team´s tasks. The total of this information is not only stored in the Project Leadership System, but also indexed. So causal and restricting relations are recognized and visualized, resulting in reliable statements as to the target and result scores.
From Leadership Meeting Support to Risk Management
The range of features of a Project Leadership System covers all phases from the support of leadership meetings, active change management, progress quantification, conclusive reporting, uninterrupted documentation, traceability of the leading activities, up to a sophisticated risk management.
Proactive risk management is gaining importance. Regulations have come into effect which call on enterprises to improve risk management and establish „internal control systems“. Such legal instructions can be comprehensively met by a Leadership System.
Can Leadership be Quantified?
Where is the project right now? What about target and result scores? Quantification is a significant factor in project leadership work. But can leadership be quantified? Modern Project Leadership Systems prove it! They include features offering business management and portfolio managers a variety of alternatives for assessing and comparing. They allow the definition of project leadership parameters relating to quantifiable criteria such as progress, cost, performance, motivation, and change management. Cross-enterprise benchmarking of project execution management is enabled.
Project Leadership Systems – Summary
A Project Leadership System is not only able to map the complete process of running a project or project plan to a single system, but supports all people involved in leadership with automated processes comprehensively, directly and flexibly. The resulting significant work relief and time saving can easily be verified. In addition to an increase in efficiency and project information value, there is more time to focus on the essential: the proactive, targeted leadership of a project.