Developing Strategic Projects - Project Executive Group
Developing Strategic Projects - Project Executive Group
Developing Strategic Projects - Project Executive Group
You also want an ePaper? Increase the reach of your titles
YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.
IDM (Integrated Decision Management)*<br />
builds higher quality into a decision process<br />
Discovery<br />
Screen<br />
Opportunity<br />
A<br />
Creation &<br />
Framing of<br />
Alternatives<br />
B<br />
Evaluation<br />
and<br />
Agreement<br />
C<br />
Fully Develop<br />
Selected<br />
Alternative<br />
D<br />
Implement &<br />
Monitor<br />
Performance<br />
E<br />
Process<br />
Steps<br />
• Clarify situation<br />
• Define opportunity<br />
• Criteria screen<br />
• Create options<br />
• Quant. model<br />
• ID Experts<br />
• Assessments<br />
• Analysis work<br />
• Optimize strategy<br />
• Resource plan<br />
• Scheduling<br />
• Resourcing<br />
• <strong>Project</strong> Mgmnt.<br />
• Tracking metrics<br />
Decision<br />
Review Board<br />
Stop / Go<br />
or do IDM<br />
Framing<br />
Review<br />
Select<br />
Alternativ<br />
e<br />
Funding<br />
Approval<br />
Phase<br />
Deliverables<br />
• Business situation<br />
• Stakeholder list<br />
• Screening for<br />
- strategic alignment<br />
- benefits & risks<br />
• IDM resource plan<br />
• Decision Hierarchy<br />
• Strategy Table<br />
• Qualitative analysis<br />
• Influence Diagram<br />
• Expert identification<br />
• Analysis plan<br />
• Financials<br />
• NPV / EVA<br />
• Sensitivity tornado<br />
• Risk profiles<br />
• Risk reduction &<br />
contingency plan<br />
• VOI/VOC<br />
• Hybrid<br />
• Options<br />
• <strong>Project</strong> work plan<br />
• Staffing plan<br />
• Budget<br />
• Schedule<br />
• Metrics<br />
• Earned value<br />
• Metrics tracking<br />
• Periodic review<br />
• Communication<br />
• Learning<br />
• Quality audit<br />
Key<br />
Participants<br />
• <strong>Project</strong> Owner<br />
• <strong>Project</strong> Manager<br />
• IDM Facilitator<br />
• <strong>Project</strong> Owner<br />
• <strong>Project</strong> Lead<br />
• IDM Facilitator<br />
• Core team<br />
• <strong>Project</strong> Owner<br />
• <strong>Project</strong> Lead<br />
• IDM Facilitator<br />
• Core team<br />
• SME’s<br />
Source: * IDM (Integrated Decision Management) is a process of Decision Strategies , Inc.<br />
• <strong>Project</strong> Owner<br />
• <strong>Project</strong> Lead<br />
• Implem. Team<br />
• <strong>Project</strong> Owner<br />
• <strong>Project</strong> Lead<br />
• Implem. Team<br />
Source: Copyright: 1994 – 2005 Decision Strategies, Inc. Includes material copyright 1994 – 2002 Kenneth R. Oppenheimer
Change language