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Achieving Business Agility: A Recap From Our Webinar

We had a blast hosting our recent webinar 3 Ways to Build Resiliency for Today…and Tomorrow and would like to thank everyone that was able to attend. There was a great discussion with Laura Barnard, CEO of PMO Strategies, on how organizations can better anticipate change, adapt project plans, and accelerate the execution of their strategic goals.

In case you missed it, you can check out the recording on the right. Also, take a look at some of the great questions we received from our attendees.

Meisterplan Webinar

Topic: 3 Ways to Build Resiliency for Today…and Tomorrow

Watch Now

Q&A from the Webinar

Question #1:

I struggle with projects being a single entity. Most companies have their top projects to watch because of some component that is very important to them. But, the entire project may carry additional components that slow it down and take resources away from more important components that live in another project. How do you “protect” those components and analyze scenarios to stagger components between projects?

 

Answer:

We see a few common ways that our customers will manage that level of detail. Sometimes they use project phases and milestones to highlight the different project components. With that approach, you can see where project phases/components overlap to identify any critical concerns. Since this uses milestones as a basis, you can also create dependencies to indicate where those concerns may be.

We also have some customers who will use programs and sub-projects to manage these separate components. This creates some additional complexity but can help with more granular management of the individual components.

Question #2:

Can you show the financial impact summarized at the portfolio level, for scenario building purpose, like with resources?

 

Answer:

Absolutely! With Meisterplan you can create budgets and include project benefits and expenses to build a portfolio-level view of your financials.

For more information, check out our great Help Article that can be found here.

Question #3:

What are your recommendations in addressing data quality from disparate databases for large organizations?

 

Answer:

The answer largely depends on the number of disparate data sources and the number of people tasked with managing that data. In our experience, automation helps greatly to avoid duplicate efforts and ensure data consistency, so we have direct integrations with Smartsheet, ServiceNow, Clarity, Jira, and Excel. For the systems we don’t yet support, we have a RESTful API as well as an integration with Zapier, a workflow and integration tool that supports hundreds of SaaS solutions. In some cases, the answer is more closely tied to the process than the technology, so we have some solutions for that as well.

Question #4:

Do you have any additional resources for organizations still working through adapting to the COVID-19 crisis?

 

Answer:

We do! We’ve put together a COVID-19 Resource Center with helpful information and articles about what organizations can do to adapt their project portfolios to the current crisis.

You can find it here.

Question #5:

Do you have more webinars or similar events coming up soon?

Answer:

We’re participating in the PMO Impact Summit, a virtual event taking place September 14-26 and hosted by PMO Strategies. As part of the event, we’ll have a recorded session on What Makes a Great PMO Leader, hosted by Christoph Hirnle, CEO of Meisterplan.  Christoph will discuss new ways of thinking about the role of PMO leaders and what opportunities they have even in challenging times. More event information can be found at pmoimpactsummit.com.

PMO Impact Summit

Interested in Meisterplan?

Let us help your organization become more resilient today!

Better understand changes in employee capacity, test out different project plan scenarios and answer What-If questions in real-time with Meisterplan. Schedule a personalized one-on-one demo with one of our experts or start a free 30 day trial today.

If you have more questions on the topic of business agility or Meisterplan, feel free to reach out at sales@meisterplan.com.

Meisterplan allows me to have a more productive conversation when we‘re trying to do tradeoffs around projects and also looking at what happens as a project slips, what‘s the overall impact to the portfolio?

Nina McLaughlin

Program Manager | New Balance