PM Cowboy Podcast

P41: Zwei PM Cowboys reden unverblümt über den Stand von Projektmanagement

Mark Engelhardt

Ever felt like project management is a wild west? Join my guest Alexander Kagl as we fearlessly discuss the current state of project management. We tackle documentation overkill, the value of certifications, and the looming presence of AI. Are PMOs dying or being reborn? Tune in to find out!

Mark Engelhardt
Founder of PPPM Academy

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Guest

Alexander Kagl Senior Managing Partner DYNACT Management Consulting GmbH

With nearly 30 years of experience, Alexander is a Senior Managing Director at DYNACT and helping organizations successfully implementing national and international projects.

Summary

Project Management Unfiltered: Two PM Cowboys on Documentation, AI, and the Future

In this candid discussion, project management veterans Mark Engelhardt and his guest Alexander Kagl dissect the realities of modern project management. Get ready for some straight talk on documentation, the role of consultants, and the impact of artificial intelligence.

The Documentation Dilemma: Overkill or Essential?

Early in their careers, both Mark and his guest witnessed an obsession with documentation. Was this level of detail truly necessary? Mark recalls projects with 63 documents, questioning if it was simply overkill. They highlight the importance of finding a balance, acknowledging that while documentation is valuable, it shouldn't overshadow the human element.

Key takeaway: Frameworks and methodologies are tools, but people are paramount. Don't let process eclipse the human factor.

The Consultant Conundrum: Are They Still Needed?

With decades of experience, Mark and his guest address the elephant in the room: the often-negative perception of consultants. They argue that many consultants provide real value by acting as guides, coaches, and sparring partners. They emphasize the importance of implementation and supporting teams in achieving their goals.

They also share anecdotes of projects where top-tier consulting firms created mountains of Excel spreadsheets that no one used, highlighting the need for consultants to have "skin in the game" and avoid simply delivering impressive-looking but ultimately useless presentations.

A key principle for good consulting is honesty—providing an independent perspective, even if it's not what the client wants to hear. They also stress the importance of facilitating communication and knowledge sharing within the client's organization.

What Makes a Project Successful? Beyond Scope, Time, and Cost

The traditional "triple constraint" of scope, time, and cost is challenged. They question how many projects actually meet these criteria perfectly, suggesting that a more realistic measure of success is whether the project delivers tangible benefits to the organization. This includes fostering innovation, engaging teams, and creating a competitive advantage.

They highlight the importance of considering the entire lifecycle of a project, from initial planning to long-term impact. This includes defining clear Outputs (deliverables), Outcomes (immediate value), Benefits (financial and non-financial gains), and Impact (long-term strategic alignment).

The PMO: Friend or Foe?

The role of the Project Management Office (PMO) is examined, with a call for PMOs to evolve from mere template factories and project police into service-oriented organizations that actively support project managers and align with the overall business strategy. A strategic PMO should have a clear understanding of the company's portfolio, provide decision support, and act as a key link between project teams and senior management.

They also discuss the importance of a Project Office, which provides administrative support to project managers, allowing them to focus on strategic tasks. They advocate for allocating 10-15% of a project's budget to project management activities, including administrative support.

The Steering Committee: Ensuring Accountability

The role of executive or steering boards in project governance is addressed. The speakers argue that many projects fail due to a lack of attention, slow decision-making, and weak accountability from decision-makers. They emphasize that both the project manager and the project sponsor share responsibility for project success.

Certifications: Are They Still Relevant?

The value of project management certifications is debated. While acknowledging the proliferation of certifications, they agree that they can provide a valuable foundation of knowledge and a common vocabulary. However, they stress that certification alone does not guarantee competence and that practical experience is essential.

The primary reasons for seeking certification are often job security and career advancement, demonstrating a commitment to the field and providing a competitive edge in the job market.

The AI Revolution: Threat or Opportunity?

The looming presence of artificial intelligence (AI) is addressed, with a focus on its potential to automate tasks, accelerate data crunching, and improve efficiency. However, they caution against overhyping AI and emphasize the importance of human intelligence, critical thinking, and ethical considerations.

AI is seen as a tool for acceleration and efficiency, but not as a replacement for human project managers. They also raise concerns about the potential societal impact of AI-driven job displacement and the need for responsible development and deployment of AI technologies.

Conclusion

This podcast episode offers a refreshingly honest and insightful perspective on the challenges and opportunities facing project management leaders today. By focusing on the human element, embracing change, and adapting to new technologies, project managers can continue to deliver value and drive success in an increasingly complex world. It's time to ditch the cowboy hats and embrace a new era of collaborative, strategic, and people-centric project management.