About this Presentation
Project managers intuitively seek out protection from failure by examining all three buffer types—schedule, scope, and budget buffers. However, CCPM has traditionally focused only on schedule buffers as the primary source of protection from failure. While the consumption of schedule buffer often carries with it the consumption of budgetary resources, this is not always the case; similarly, increasingly prevalent project/task-level methodologies such as Agile typically default to scope buffers. As a result, CCPM’s traditional focus on schedule buffers cause many to perceive it as too limiting to accommodate Agile and other methods in a multi-project environment. Furthermore, CCPM’s proven track record of improving portfolio reliability is unnecessarily limited to a single buffer type—expanding to incorporate all three types of protection from failure can further improve its potential to improve reliability. We will also show how buffer-type flexibility can position CCPM as the portfolio framework for a variety of project-level methods, including Agile.
What Will You Learn
To help you get the most value from this session, we’ve highlighted a few key points. These takeaways capture the main ideas and practical insights from the presentation, making it easier for you to review, reflect, and apply what you’ve learned.
Instructor(s)
Mike Hannan
Mike Hannan is an entrepreneur, best-selling author, professional speaker, adjunct professor, and innovator of industry-leading techniques to drive unprecedented improvements in project portfolio performance. His career spans a diversity of fields, including software engineering, space systems development, high-performance computing, and international trade policy.
He got his start in the PM profession supporting large, complex initiatives such as the International Space Station. He has led project portfolios spanning IT, R&D, military defense systems, and sales, and has coached and consulted on project portfolios in over a dozen industry sectors. He is the lead author of the best-selling 2014 book, CIO’s Guide to Breakthrough Project Portfolio Performance.
In his spare time, Mike serves on the board of Project Management for Change—organizer of the “PM Day of Service,” the largest PM pro-bono event in the history of humankind.On the personal side, Mike is a world-record-setting track & field athlete, and is a happily married father of three young adults.
Ms Alka Wadhwa
Alka Wadhwa is an experienced consultant and process improvement expert with over 24 years of expertise in the Theory of Constraints (TOC), Lean Six Sigma, and organizational performance optimization. She has successfully led projects in healthcare, financial services, and manufacturing, driving significant improvements such as a 67% boost in hospital operations and a 140% increase in outpatient visits.
Previously, Alka Wadhwa spent 17+ years at GE Global Research Center, where she led initiatives to enhance various GE businesses through advanced technologies, process redesign, and system optimization. Founder of Better Solutions Consulting, LLC, she specializes in using TOC, Six Sigma, and data analytics to streamline operations and build high-performance teams.
Her work has earned her multiple accolades, including the Empire State Award of Excellence in healthcare.
Dr Gary Wadhwa
Dr. Gary Wadhwa is a Board Certified Oral & Maxillofacial Surgeon with extensive experience in the field. He completed his Oral & Maxillofacial Surgery training at Montefiore Hospital, Albert Einstein College of Medicine in Bronx, NY, and has served as an Attending at prestigious institutions like St. Peters Hospitals, Ellis Hospital, and Beth Israel Hospital in NY. With a career spanning over two decades, he was the former CEO and President of a group specialty practice in NY from 1994 to 2015. Dr. Wadhwa holds an MBA from UT at Knoxville, TN, and has undergone additional training in System Dynamics at MIT, Health System Management at Harvard Business School, and Entrepreneurship and healthcare innovations at Columbia Business School. Committed to expanding access to Oral & Maxillofacial Surgery care, he is currently engaged in a meaningful project to provide healthcare services to underserved populations in inner city and rural areas through non-profit Community Health Centers.