About this Presentation
The project management (PM) maturity model represents a “journey” to improve a company’s process capability and maturity. The use of the word “maturity” implies that capabilities must be grown over time to produce repeatable success. Maturity model = Framework + Methods + Tools. The model described hereby is used as a heuristic model (rule of thumb) to guide experts in implementing the theory of constraints (TOC) in multi-projects environments. It also can be used to assess and to develop capabilities in projects-oriented organizations. The model is not based on any of the known maturity models like the Organizational Project Management Maturity Model (OPM3) as developed by PMI or on the CMMI (the DOD initiative from the 80’s). It is only based on the concepts of TOC together with my experience and my observations. The KISS principle (“Keep It Short and Simple” or “Keep It Simple and Straightforward”) and Occam's Razor (entities must not be multiplied beyond necessity. This principle is that the simplest explanation is usually the correct one. Simplest is really referring to the theory with the fewest new assumptions.) are explained. Going for chaos through the eight stages is described. The stages are order and systemization, control the time dimension, enterprise PM, control the resources dimensions, control the cost dimension, consistent PM strategy, linkage to organizational strategy and a key factor and high performance PM constantly repeating itself – sustainability.
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)
Jennifer Eckman
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.