Project management is a complex discipline that takes elements of team management, data analysis, resource management, and business development and combines them into one area.
Being an effective project manager means learning from your peers and embracing modern technologies that can transform your projects. Let’s take a look at five real-life examples of fantastic project management in action to help inspire you.
When American Airlines merged with US Airways, the two companies had many overlapping technologies. Merger management was always going to be an extremely complicated operation for which simple spreadsheets and Kanban boards would not suffice. Instead, the company used portfolio and resource management software to streamline data entry, capacity planning and resource management.
Contemporary project management technology for the transportation sectors includes bespoke solutions such as ship inspection models. By adopting new technologies, AA saved millions of dollars during the merger.
The National Hockey League (NHL)
The NHL has been presenting hockey statistics on its website for over 25 years and responds to requests from customers around the world. The team behind the NHL website has a clear development roadmap and sprint planning in place to ensure developers across the team are able to work on open projects at all times , greatly improving workload efficiency and providing superior customer service at the same time.
Royal Bank of Scotland (RBS)
When RBS wanted to ensure it had a consistent data collection methodology to support financial decision-making, it installed portfolio management software and decommissioned more than 35 legacy systems in the process. . This allowed them to achieve a positive return on investment in 12 months, proving that investing in project management technologies often pays off in the short term as well as the long term.
Amazon’s business development team has implemented project management technologies that increase visibility, make it easier to track tasks, and allow separate groups to manage their own projects in a way that works for them. This has helped Amazon grow its core project management team into 300 different groups in 30 different countries. Today, of course, Amazon is one of the most successful e-commerce companies in the world.
Flowserve is a large company with over 19,000 employees. Wanting to develop new products and improve decision-making at a high level, they implemented an automated gate review process that enables their project managers to effectively manage work in the pipeline and accelerate time to market, allowing them to stay ahead of competitors and spend more time and resources on innovation.
Similar methodologies include 5S audits, which can help companies improve workflow and reduce wasted time. Using a 5S audit template helps project managers perform S5 audits efficiently and thoroughly.
Great managers make great plans
The examples above prove how important effective project management is. As a project manager, each project you work on has a distinct set of goals and objectives, and aligning your methods to those goals is key to meeting — and exceeding — your goals.
Why work harder when you could work smarter?
Adopting contemporary technologies can help project managers lighten workloads, track and manage task progress, and allocate resources in real time.