I forgot to link to this Greg Balestrero post (here) on the US stimulus package (then still in debate). He asks a lot of great questions about whether Congress and the Obama administration have thought through how to make this portfolio most effective.
I’ll focus my comments on Greg’s first two PM-oriented suggestions for the plan (#3 is to accelerate the spending):
First, get the people who know how to manage complex change initiatives — these are not career politicians but are experienced project professionals — who can manage change portfolios… that can get results.
Agreed, but one of the challenges with current legislative practice is that large swaths of the portfolio are fixed by the legislation itself, at least at the Federal level. Some of the more interesting work is happening at the state level. In a recent radio interview, the RI Director of Transportation sounded like he had his portfolio ready to go. In fact, he was ready to pounce on funds that other states would forfeit because their transportation portfolio process wasn’t as smooth.
Second, emphasize the competency of project management, like they have begun to do in many of the governments around the world. But they should not allow “pockets” of excellence to prevail. On the contrary, the governments should leverage the pockets of excellence to develop an enterprise discipline in project execution.
While enterprise-wide initiatives are great, I always wonder how deep they really can go. My experience is that in any organization of substantial complexity, it is hard to cover any but the most generic PM needs at the enterprise level. The differences in line of business, agency, etc. drive variation that’s hard to reconcile effectively.
Filed under: Portfolio Management, PMO, Methodology, Organizational Change Management, Program Management, Project Management | Tagged: PMI, Gregory Balestrero, stimulus package, Obama Administration | Leave a comment »