Three Must-Have Vantage Points For Program Visibility
The following blog is from our popular ebook, “10 Quick Tips for Better Project Performance through Risk and Schedule Management.”
Program visibility is a key ingredient to successful project portfolio management. Program visibility refers to ensuring everyone involved is aware of objectives and strategy risks, and that everyone feels involved in the project management and its outcome.
With visibility as a key focus throughout the entire organization as a whole, companies are able to enhance communication, stress business objectives and foster accountability towards achieving the desired objectives. Plain and simple, visibility is power in the project management world.
Fight The Threats Against Your Project with Visibility
Program visibility is a key ingredient to successful project portfolio management. Program visibility refers to ensuring everyone involved is aware of objectives and strategy risks, and that everyone feels involved in the project management and its outcome.
With visibility as a key focus throughout the entire organization as a whole, companies are able to enhance communication, stress business objectives and foster accountability towards achieving the desired objectives. Plain and simple, visibility is power in the project management world.
Three Main Vantage Points for Project Visibility
In order for a project to be successful, there are three main vantage points where your project should maintain visibility. These three sectors are:
- Project Team: When each member of your project team understands their role and has clear, consistent communication to their responsibility within a project, they become a more effective, efficient employee. A 2011 study by Pence & Wright shows that when a project provides clear communication and visibility, common errors that cost time and money decrease by 34%.
- Project Managers: In a 2012 Project Management Survey, 53% of project managers surveyed claimed they lacked visibility across all of their projects. Through sharing with team members and having resources reallocated, attention to program visibility may start to recede. As a result, it becomes increasingly difficult for project managers to account for changes and plan accordingly.
- Executive Level: Much like the project management level, executives can greatly benefit from snapshot style delivery that dashboards, like Safran Project’s dashboard, provide. With this high level visibility, they can monitor every aspect of a project. The quick access to this information allows them to make fast, educated decisions that can ultimately determine a project’s survival.
Key Takeaways
- Project visibility for schedule and risk management and more is essential for project success.
- Visibility should be adopted by the project team, project managers, and the at the executive level.
- Software dashboards, like Safran Project, can make it simple to see project stats at a glance.