October 23, 2008 Dinner Meeting (2 PDUs)

October Dinner Meeting Feature - Earn 2 PDUs

Using A Balanced Scorcard to Measure Project Success

by Ferdinand Tesoro, Ph. D.

Three Leadership Competencies Every Project Manager Needs

by Jack R. Ferraro

Agenda:
5:15 pm – 5:45 pm New Member Orientation

5:45 pm - 6:15 pm Networking

6:15 pm - 7:00 pm Dinner

7:00 pm - 8:00 pm Using a Balanced Scorecard to Measure Project Success

8:00 pm - 9:00 pm Three Leadership Compentencies Every PM Needs

9:00 - Prize Raffle/Meeting adjourned

First Presentation – Using the Balanced Scorecard to Measure Project Success

Summary

The Balanced Scorecard is a widely used strategy execution tool among Fortune 500, non-profit, and consulting organizations. This strategic management concept provides management and individual contributors a comprehensive view of the performance of an organization. This unique approach not only focuses on financial metrics but also customer, process, and employee measures to define success. This session will present the lessons learned by a PMO department in using this balanced scorecard approach to measure success of project implementations. Specifically, the presentation will address the following topics:

• Overview of the Balanced Scorecard approach and why it is critical to organizations
• Examples of scorecard measures used by organizations
• Applying the Balanced Scorecard to monitor and track success of project execution in PM organizations
• Lessons learned from a pilot implementation

About The Speaker – Ferdinand Tesoro, Ph. D.

Ferdinand Tesoro, Ph.D. is the Vice President of Performance Solutions and Consulting for the Center for Effective Performance (CEP), an Atlanta-based company that specializes in advising Fortune 1000 organizations to align their workforce performance with business strategy and bottom line results. He manages a worldwide consulting team that manages projects such as system migrations, new product implementations, training and development, change management, and creating balanced scorecards. Prior to this role, he managed the PMO and $7 million project management portfolio for the Dental and Vision business segment at WellPoint. He also built predictive models for forecasting online sales revenues and identifying the key levers that drive profitability at Dell Computer. Dr. Tesoro completed his Ph.D. in Industrial Engineering from Purdue University and authored the book Implementing Global Performance Measurement Systems published by John Wiley & Sons in 2000.

Second Presentation – Three Leadership Competencies Every PM Needs

Summary

You are a hardworking project management professional, PMP®.   You have your WBS, stakeholder analysis, risk response plan, communications plan, resource histogram, schedule with 5,000 tasks, and a critical path.  

And your sponsor, team leaders, and stakeholders couldn’t care less.   

You convince yourself, “it has to be my organization’s low project management maturity; it can’t be me.”   Maybe, maybe not.  

How do you determine if it is you or your client that’s blocking progress? How can you really achieve project management excellence? How do you measure it? If you can’t, are you at risk of becoming irrelevant? This presentation examines these questions as well as current methods for developing the kind of competency that really matters. It presents bold ideas for what practitioners of project management must focus on to raise the performance bar and to avoid the risk of becoming extinct! 

We will explore three critical leadership competencies that project managers must be keenly aware of to move beyond the PMP® to true Project Management Professionalism. With your PMP® certification as a solid foundation, we’ll explore how you can overcome predictable project leadership roadblocks through these leadership competencies: 

1. Building Trusted Relationships

2. Advising on Projects

3. Developing Courage

You’ll leave this talk with a road map to start fresh with the right balance of leadership competencies.  You will leave with a renewed passion for your project management profession.  Attend this session to discover whether or not you have the courage to make the leap from the PMP® to Project Management Professionalism!

About the Speaker – Jack Ferraro

Jack is the founder of MyProjectAdvisor, a project management services company that provides project management training and leadership development.  He has 15 years of adult training and education experience and has conducted training sessions and developed leadership workshops for project managers.  Jack has 18 years of experience working with project teams with extensive experience managing complex enterprise technology and business process improvement projects.   Jack is a consultant, trainer and mentor for project managers and teams seeking to excel at strategic project management. He has designed a leadership development program to help project managers build their leadership skills and important personal competencies.  Jack conducts workshops and coaches project managers and teams in a dynamic fashion. Jack is a PMI member since 1999, and is a member of the Washington, DC, PMI chapter. Jack was a volunteer on PMI’s OPM3 project and frequently writes and lectures on project management leadership trends. 

Jack is the author of a ground breaking project management leadership book, The Strategic Project Leader: Mastering Service-based Project Leadership, available on Amazon, PMI Bookstore and Center or Business Practices web sites.  

He has published articles for PM Network, PMI’s monthly magazine, including:

 “Successful Sourcing” – PM Network, April, 2002

 “Begin with the End” – PM Network, February, 2003

 “A Question of Trust” – PM Network, December, 2004

 “Self-Directed Leadership Development” – PM Network, May, 2006

Jack is a popular international speaker on project management leadership and competency. He has spoken at the:

 PMI Global Congress North America 2004 – “Do You Trust That Project Manager in the Mirror?”

 PMI Global Congress EMEA 2005 – “Self-Directed Leadership Development – Beyond the PMP!”

 PMI Global Congress EMEA 2006 – “Recharge Your PM Battery!”

 PMI Global Congress North America 2006 – “Project Manager as Generalist: Project Manager as

Obsolete”  

PMI Global Congress North America 2