About this Presentation
Chaos is defined as “The inherent unpredictability in the behavior of a natural system”. This definition quite fits to multi-project management (PM) environments. Therefore it is not surprising that the following three characteristics of chaos: Time Irreversibility, Unpredictability and sensitivity to initial conditions and Bifurcation can also be found in PM environments. There are three causes for chaotic PM environment: a) Not all projects have project plans; b) Not all projects are controlled periodically; and c) Not all projects are managed according to the same methodology. On one end of the maturity model we have chaos and the other end is the absolute ability of the organization to connect the excellent PM performance to the strategy of the organization and therefore being able to create repeatedly Viable Vision results. Between these two ends there are seven distinctive stages when each and every one of the second part of the stages (stages four to seven) will be discussed in full in the presentation (stages one to three were already discussed in my 2013 conference presentation): 1. Systematic order. 2. Control of the time dimension. 3. Enterprise PM. 4. Control of the resources dimension. 5. Control of the cost dimension. 6. Established PM strategy. 7. PM strategy as a part of the organization strategy. Each stage can be measured quite accurately and the organizational benefits of climbing on the above ladder can also be predetermined.
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.