Video - Project Half Double Unfolded (Part 1)

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Session 1: Kick off and the global agenda: Why do we need to rethink project management? (Niels Ahrengot, Michael Ehlers and Dr. Aaron Shenhar)

Transcript - Project Half Double Unfolded (Part 1)


00:08 -you have just heard one of the biggest

00:10

paradigm shifts within pop music in the

00:14

1960s the Beatles changed the music

00:17

industry completely it's a remarkable

00:21

story about how for British guys

00:23

inspired by rock and roll from America

00:25

started playing their own music and

00:28

changed the way we think about pop music

00:30

today first of all no one really wrote

00:34

their own songs back then and secondly

00:37

it was a new way of playing music never

00:41

heard before

00:42

to put it shortly it was a radical

00:45

rethinking and they produced two new

00:48

albums each year from 1963 to 1969 so

00:54

this is actually the Beatles version of

00:56

a half-double they created a huge impact

00:59

and I'm just gonna need some help to

01:01

change the slide here there it is they

01:06

created a huge impact in just six years

01:09

so what they did was they inspired a new

01:13

generations of musicians to start

01:15

writing their own music which was the

01:18

main driver for doubling the music

01:20

industry from 1960 to 1970 secondly they

01:26

were the first band on earth to use

01:28

their superstar status to do good so now

01:31

45 years later the war is over campaign

01:36

is still running it's pretty remarkable

01:38

thinking that this is just a pop band

01:41

from so many years ago we want to do the

01:45

same thing for projects we want to

01:48

create huge impact with relatively

01:50

simple but very effective means and

01:53

that's the reason why we're all here

01:56

today my name is Michael eller's I'm the

02:00

project manager of project half-double

02:01

and I'm from implement Consulting Group

02:04

who have been working for the last 10

02:05

years now it's time to for you guys to

02:09

introduce each other we just need to

02:13

gonna take the other one the most slim

02:16

version but it works so way I would like

02:21

you to introduce yourself to the person

02:23

right next to you or close to you so who

02:26

are you and why are you here today so

02:29

I'm gonna give you three minutes to do

02:31

that

02:42

there will be a lot more interaction

02:45

later but I would like to introduce the

02:48

first speaker today it is Nils Arrancar

02:51

who's the founding father of the project

02:53

half-double together with christina sia

02:55

pillars from lentement unipeg so so Nels

03:00

is acting as the active project owner of

03:03

project half-double and as you know

03:05

that's a very important role in a

03:07

half-double perspective so without an

03:10

active project owner the project is

03:12

never going to succeed in the way that

03:14

we hope it will succeed so that's why

03:16

Anil's has a very important role besides

03:18

that Nils is also the managing partner

03:20

of implement Consulting Group where

03:22

we're about 500 consultants working with

03:24

different projects and and all that so

03:27

we've been working with projects for a

03:28

long time and Mills has a very strong

03:31

passion for projects which makes him a

03:33

very good project owner Mills machine is

03:36

yours thank you can you give me all of

03:40

you yeah this number is actually the

03:46

outset of this journey because even

03:50

though we've been working for the last

03:53

30 years on truly improving the product

03:59

environments in almost all types of

04:03

organizations around Scandinavia and it

04:08

has become a lot better but this number

04:11

is still in this range meaning that only

04:15

about one-third of all projects that we

04:20

set out for are actually perceived as a

04:23

success when you will evaluate them so

04:27

this is this is this is the problem this

04:31

is why we here we want to do something

04:34

about that and because there's reason

04:41

for that the problem is that oh let me

04:44

see if this work yeah it does because

04:47

this this number is actually a challenge

04:49

for our whole economy in the Western

04:52

world

04:54

if imagine that we are back in the

04:58

heydays of the Beatles in the 60s and

05:01

you are right now located on the

05:05

northern part of else where tempest has

05:10

its headquarters and you are back in the

05:14

1960s you're standing outside of them of

05:18

the main building and you see people

05:20

coming in in the morning and you will at

05:26

that point in time see around 90 to 95%

05:31

of the people coming into the building

05:33

wearing blue a walls doing a operations

05:41

job if you go down today and I it's

05:49

actually you know I could exercise to do

05:51

standing outside of the building

05:54

watching who's actually who's arriving

05:57

then you will see that the the amount of

06:01

people in blue walls have declined

06:05

dramatically so people are wearing

06:09

different types of clothes and people

06:13

are doing a different job they are doing

06:20

projects

06:23

so when we talk about improving the

06:27

whole Western economy we need to do

06:31

something about improving our ability to

06:34

do projects and for some reason this is

06:39

a really hard thing to communicate to

06:43

politicians actually to the whole

06:47

Western world this is what we try to do

06:51

so thank you for being here

06:54

yeah it's we simply need to do something

07:02

about this and in actually many of us in

07:10

this room has somehow embarked on this

07:15

journey and I think that's the reason

07:18

for that because I think a lot of you

07:20

people in this room I actually hear from

07:22

from Scandinavia and not that we think

07:26

we are better than others maybe some do

07:27

but I don't but one thing's for sure we

07:32

have some characteristics from our

07:37

heritage which I think can actually make

07:43

it easier for us try to somehow be a

07:47

spearhead and this in this journey we

07:51

have a very low power distance which is

07:54

a prerequisite for making this work we

07:59

are pretty highly educated which is also

08:05

important and then we have learned to

08:09

collaborate since we started in first

08:13

grade I was also me with my age I was

08:18

actually in first grade in 1966 when

08:22

beetles were you know playing the music

08:25

and already at that time I learned you

08:28

know group work etcetera that was in the

08:31

beginning of those days so I think we

08:34

had a special application

08:37

to make this happen and and I think you

08:42

know the whole idea of impact the impact

08:46

that week in this room can actually have

08:49

on the whole Western economy I know this

08:53

is dreaming but this is a big idea and

08:58

we need to do something about that so

09:01

thank you very much for being here and

09:06

and basically it's a it's simple sorry

09:12

it's simple it's about I mean it's it's

09:15

it is really simple because it's about

09:18

breaking the paradigm of how we think

09:20

about projects because the whole the

09:25

whole project knowledge base was

09:28

actually just the heart in the 50s and

09:30

the 60s Erin we'll come back to that and

09:34

the problem is that it was actually

09:36

started out in construction projects so

09:40

it's all based on contractual thinking

09:43

meaning that success is primarily a

09:48

matter of you know living up to your to

09:52

your obligations it's actually a matter

09:57

of predictability so you put your

10:01

ability to be predictable but this is

10:07

not what it's about it's not a

10:10

contractual thing it's about making

10:13

impact an impact is in the end measured

10:19

by one measure which is they call a

10:23

satisfaction and this is

10:27

this is this is the paradigm shift and

10:34

and you know the the sorry when we

10:41

didn't look into their through the

10:43

academic world it's interesting to to

10:46

see that this of course been reading

10:49

been writing a lot of articles about

10:52

project management and there's been a

10:55

lot of articles about you know how can

10:57

we actually rethink project management

11:00

but there are actually very few articles

11:06

about how to do it and that's the idea

11:10

of this journey to actually come out

11:14

with some simple tools to break this

11:20

paradigm that is the idea with product

11:24

half-double and and as you know those of

11:31

you who have been part of it which is

11:32

many of you it's it's simple it's it's

11:39

about creating another perspective on

11:45

leadership it's about which is this

11:50

figure it's about putting much more

11:54

effort into the people side of project

11:57

management meaning going from a matter

12:02

of system thinking to a mara of people

12:06

thinking it's people who actually change

12:08

the world it's not systems

12:12

it's about impact it's about having

12:21

relent

12:22

focus on impact instead of having

12:25

primary focus on deliverables and then

12:30

it's about flow it's about creating

12:34

short and fat projects making the

12:41

project move instead of optimizing

12:45

resources making the project move so so

12:52

in that sense it's really really simple

12:57

we also know that it's it's right

13:01

because a lot of these things think are

13:04

not something that has been invented you

13:06

know in the last year a lot of the

13:09

things here are topics that many of you

13:13

have worked on for years but our ability

13:19

to create this movement is based on the

13:25

fact that we can actually balance the

13:26

idea of being communicating this in a

13:29

very simple way and on the other hand

13:31

really see this working from a practical

13:37

point of view so this is this is the

13:40

idea and and obviously as we are talking

13:47

about impact we need to see this number

13:51

the 30% number change and this is the

13:57

ultimate impact that we are seeking at

14:01

to change that number to a completely

14:05

different number in your own

14:09

organizations you can choose your you

14:11

your number but but but I I think the

14:14

idea of half-double also would apply

14:18

here meaning that the 30 percent success

14:21

rate should be doubled in half the time

14:26

so this is this is this is what we try

14:30

to do and and and and our hope is of

14:33

course that

14:34

as many of us in this room can help

14:37

build this wave so to speak in our own

14:42

organizations because if we don't do it

14:45

ourselves I mean it doesn't make sense

14:46

so we use a lot of time on it in our own

14:50

organization I know you do the same and

14:53

and and then we build it from there and

14:56

to the benefit of our companies to the

14:58

benefit of our society to the benefit of

15:01

all of us so thank you very much for

15:03

being here and I'm really looking

15:05

forward to to see our thoughts and ideas

15:08

with you today thank you very much okay

15:18

so we have a small film we want to share

15:21

with you let's see if it works

16:20

all projects are initiated to create

16:24

impact that's essential the key is to

16:27

identify and focus on impact right from

16:29

the start impact changes the dialogue

16:32

from being centered around technical

16:34

deliverables to ensuring stakeholder

16:36

satisfaction flow is key when flow is

16:40

missing important project hours are lost

16:43

in coordination retrospective project

16:45

reporting and shifts between multiple

16:47

projects at the same time by focusing on

16:51

flow we're using simple methods to

16:53

intensify project work and share

16:55

progress every week and deliver results

16:57

faster we aspire to revolutionize the

17:01

way projects should be led with less

17:03

bureaucracy less formal steering

17:05

committee meetings and less contractual

17:07

focus we need less compliance and more

17:11

commitment and we need leaders who can

17:13

cope with turbulence conflicts and

17:15

complexity leaders who focus on people

17:18

work closely together handle issues and

17:21

joint force and know the project at its

17:24

core

17:35

so it's all about impact flow and

17:38

leadership and that's one of the reasons

17:41

why we're here today but let's just go

17:44

through with the purpose the purpose is

17:46

to an establish the half-double

17:48

methodology as a new project paradigm

17:51

we've been working on this paradigm for

17:53

the last or at least on the methodology

17:55

on the last three years and now we are

17:59

in a kind of a mode where we have a

18:01

ready to go live version of project

18:03

half-double we know it's gonna change

18:06

from here but at least this is the

18:08

combined learning and input and all the

18:12

great things that you've given us from

18:14

the community to to kind of bound

18:16

together a methodology that we think

18:19

will we'll be able to do projects in

18:21

half the time with double the impact so

18:24

the sub purposes is first of all to

18:27

enhance collaboration across the

18:29

community because when you talk to each

18:31

other things starts happening and this

18:33

is very much about creating the the wave

18:35

that nilz refer to just before the

18:39

second purpose is to share some of the

18:41

results from the pilot projects that

18:43

we've done so far so in the last year

18:46

we've done seven experiments trying to

18:49

apply this methodology but also to

18:51

develop it as we moved along and we've

18:53

learned a lot but we also created quite

18:55

some results out there that we would

18:57

like to share with you the third thing

19:00

is to make the methodology travel so

19:02

today we will try to dive into each of

19:05

the core elements so that you will have

19:07

an opportunity to do some of these

19:09

things in your own organizations try to

19:11

make it work back home and then lastly

19:14

giving back to the community you have

19:16

helped us a lot so far and a very

19:18

essential part of Project half-double is

19:21

to have a strong community to kind of

19:23

have these synergy going on between

19:25

great thoughts happening but also how to

19:28

make this work in real life and you have

19:30

provided that input all along so we're

19:33

hoping by inviting Erin Chen her here to

19:36

inspire you but also to share the whole

19:38

methodology that we can give a little

19:40

back to all

19:40

great thinks that you've given to the

19:42

half-double methodology so the program

19:46

of today looks something like this we're

19:48

just about to kick off the whole session

19:50

and in a short while you will have a you

19:55

will have Erin Chen her to address why

19:57

is this not just a Danish problem why is

19:59

this a global issue that we would need

20:01

to address then we'll have a short break

20:04

and after that I'm gonna introduce you

20:06

to the half-double methodology as it is

20:08

today you will have an opportunity to

20:11

dive into three out of the nine methods

20:15

after my introduction so you will have

20:17

to choose which of the nine methods you

20:19

want to get an imp depth inside to

20:22

afterwards we will do some rotations

20:24

between smaller stations where you will

20:27

have to make your own choices we'll have

20:30

lunch

20:30

and during lunch we will also do a pulse

20:34

check as you know the main principle for

20:36

creating impact is stakeholder

20:38

satisfaction so we will ask you you know

20:41

how are we doing are we on the right

20:43

track and we will summarize on those

20:45

results later on but at lunch please

20:48

remember to check your email because

20:50

there you will find a link to do the

20:52

pulse check of this conference after

20:55

lunch urn Shanghai will introduce his

20:58

perspective to project half-double

21:00

because we've had quite some discussions

21:02

and great dialogue going on and the

21:04

other things that we were doing each of

21:06

us and also Erin China has a great way

21:10

of approaching how innovation might make

21:13

or break your project based on a lot of

21:15

research done within the last twenty

21:17

years after the session with Erin we're

21:22

gonna have the opportunity to visit each

21:24

of the seven pilot projects to gain more

21:26

in-depth insight to what did we actually

21:29

do and before that session I'm going to

21:31

introduce through the main learnings and

21:33

some of the main results then we'll wrap

21:36

it all up with expert conclusions we

21:38

have six very key people to the movement

21:41

that I'm gonna ask a few questions and

21:43

we're gonna share their answers and then

21:46

we have a small surprise for you to wrap

21:48

it all up so at three o'clock we will be

21:50

joining out here in the networking area

21:52

to

21:53

have a glass of wine and celebrate how

21:55

far we've gone so far are you excited

21:59

are you at the right conference good

22:04

start this is actually interesting

22:10

because we looked into some of the

22:13

prominent researchers within project

22:15

management and we came about Aaron

22:18

shin-hye who's a professor in project

22:19

management he's also a world leader

22:21

within projects and innovation

22:23

management the interesting thing here is

22:26

that we figured that Aaron would be able

22:28

to inspire us and when we talk to Aaron

22:31

it turned out that he was actually doing

22:33

a lot of similar things that we were

22:35

doing so we were not just you know

22:38

talking to someone who might be able to

22:40

inspire us we were actually talking to

22:42

someone who was at the exact same

22:45

journey as we are and that's remarkable

22:47

and that's the reason why we have Aaron

22:49

Sheehan who are here today because there

22:50

is a remarkable overlap between the

22:52

things that we think should be done and

22:54

the thing that Aaron is will be doing in

22:56

reality so as you can see amazing

23:00

credentials having spent 20 years

23:02

actually doing projects and then as a

23:04

corporate VP and another 20 years in

23:07

academics with about 150 publications

23:10

and six books we have a very we have

23:14

actually a thought leader within project

23:16

management with us today

23:17

so Aaron will you do us the honor of

23:21

telling us why is this also a global

23:24

problem please give an applause to error

23:39

thank you Michael

23:42

it's a pleasure to be here it's an honor

23:45

to be here it's my second visit to

23:48

Denmark first visit was 30 years ago I

23:53

came back and I found the community of

23:56

very nice people friendly people and I

23:59

welcome the opportunity to be here but I

24:02

still didn't figure out what's the best

24:04

Danish food somebody can enlighten me on

24:09

that please talk to me and if you want

24:11

to talk to me about other things I'll be

24:13

here so other day I was invited by the

24:17

team of half-double and I want to thank

24:20

thank this team for the invitation

24:22

they've been very kind and very

24:24

receptive and very hosting very well so

24:29

I want to thank the Michael Ellis

24:32

project manager the owner has I met

24:36

yesterday and the rest of the team the

24:39

Christine and pear severing and the

24:43

University this collaboration and all

24:45

the other team I think you're doing a

24:47

very important job and nice job so I

24:50

congratulate you for this effort I was

24:54

asked to share with you my perspectives

24:57

about project my project management's

25:00

yesterday so a few words about myself as

25:05

you heard I had two careers both of them

25:10

on project management I'm a professor

25:12

now don't be too much impressed by the

25:16

world professor I'm like anybody else

25:18

I'm a project manager I've done projects

25:22

actually for 20 years and during this

25:25

period I've made every mistake possible

25:28

so then I decided it's time to learn why

25:31

I made all these mistakes I went to the

25:34

academic hold of course you cannot

25:37

correct mistakes of the past or at least

25:39

you can learn and after another 20 years

25:42

now I have an answer my answer

25:45

to all these difficulties problems and

25:48

struggles and challenges that the

25:50

profession is facing but that's what I

25:52

want to share with you today when I was

25:55

approached by the team we've been

25:56

walking and talking for I think now

25:59

almost more than six months when I was

26:03

approached I didn't know about this

26:04

project and I said well that's great

26:06

somebody finally is doing something

26:08

about it because that's what I was

26:10

trying to do for the last 20 years in

26:13

fact so let me begin the first thing

26:19

that I would like to say is that

26:21

projects are increasing today the amount

26:24

of projects is increasing and Lynn's

26:27

referred to this the project walk is

26:30

actually white collar walk that means if

26:33

your project manager in the right place

26:35

that's the good news but the bad news is

26:39

this okay the reality is that most

26:44

projects don't make it and I want to

26:46

address this question from my

26:47

perspective why and what's going on so

26:51

the first of all is the challenge

26:53

projects become harder they become more

26:57

complex they become faster technology is

27:00

moving very fast and competition is

27:03

stronger innovation is very critical and

27:05

time we cut shorter and I'm coming to

27:09

this in a few minutes techniques have

27:11

not changed much so we as project

27:15

managers we are facing a more and more

27:17

difficult task every day okay here's

27:21

some data of course all the studies

27:24

focus on large projects so there's a

27:26

project that studies on mega projects

27:28

you see mega projects by definition

27:31

almost don't meet their time and cost

27:34

objectives and you see the overruns here

27:35

which is tremendous you have a Danish

27:38

project here you can see okay

27:41

the other thing is the statistics the

27:44

statistics shows there's a Kaos report

27:46

every year coming out about IT and

27:49

communication projects and you see the

27:52

results are very consistent over the

27:54

years you see about 30 percent

27:58

says 22% for 20% failure and 50%

28:04

challenged challenge is a nice way to

28:07

say we don't like it but what can we do

28:12

it's a priori finished we finished

28:14

somehow it's not exactly what we have in

28:16

mind that's challenged that's not good

28:19

enough as Michael said it's good enough

28:22

if Neil said it's not good enough okay

28:24

so we have to understand before we find

28:27

solutions we have to understand okay so

28:30

let me give you an example few examples

28:32

to illustrate the point and these are

28:37

two major projects in aerospace I'm

28:41

involved in the aerospace I've been in

28:42

the aerospace industry I work now with

28:44

aerospace industry in America and I see

28:47

this all the time

28:47

huge projects suffer big overruns now

28:51

Boeing and Airbus have both suffered big

28:54

over us Airbus 380 was late to market by

28:58

two years to CEOs lost a job because of

29:01

this project

29:02

Boeing doubled the time no double the

29:07

budget I'm sorry from twenty to forty

29:09

billion dollar and a delay of say three

29:11

and a half years on a huge project okay

29:15

huge now these are not marginal project

29:19

these are central business projects

29:21

Boeing had nine hundred orders before

29:24

the project was completed a backlog big

29:28

disappointin has three project managers

29:30

were in play at the place what do you

29:32

think are they bad project managers no

29:37

they chose the best people you know so

29:41

there's something going on and they have

29:42

used the latest techniques in project

29:44

management okay and my question is could

29:48

they do better and I believe yes so I

29:51

wanna share with you my object my

29:52

objective my perspective about this

29:54

including my perspective about

29:56

half-double I want to talk about a few

29:59

other projects and the question is are

30:02

they successful on the top left side you

30:05

can see the Sydney Opera House how many

30:08

of you have been in Australia oh yeah

30:11

who you travel guys right and you have

30:14

seen this building right isn't it

30:17

beautiful

30:18

one of the most beautiful tourist

30:20

attractions in the world but there's a

30:22

project that project started with a

30:27

budget of seven million dollar in a

30:29

schedule of six years well it was

30:32

completed it was finally after 16 years

30:34

and a hundred million dollar how is that

30:38

from project matter of perspective

30:40

not so good right if you have a project

30:43

that is overrun you cannot use this

30:45

example by the way if you have a project

30:49

that has a big offer and you cannot tell

30:50

your management trust me I'm building

30:52

the Sydney Opera House I was gonna buy

30:56

it but is it a success story or not

30:59

today nobody cares okay in contrast the

31:04

bottom left is the Los Angeles subway

31:06

that project in the 90s decided we need

31:09

a subway and Metro in Los Angeles 11

31:13

miles of the first red line project set

31:17

goes meeting time cost of safety and

31:20

operations goes and they paid another

31:22

goal to win an industry Award for

31:25

Excellence in project management they

31:27

met all these goals but there was only

31:30

one problem what was the problem

31:33

anybody knows nobody is using it less

31:38

Angeles is a city of automobiles they

31:42

expected a million passengers a year

31:44

they only had 60,000 passengers they

31:48

stopped the project so it is the success

31:51

or failure from the traditional

31:53

standpoint beautiful so we have to go

31:56

further than us what is really a

31:58

successful project on the right you have

32:00

the Denver Airport on the top which was

32:03

a construction project this was delayed

32:05

by one and a half years construction my

32:08

god and an overrun of 1.5 billion dollar

32:12

why colors want component there the

32:16

automated baggage system it's supposed

32:19

to move the bags really quickly from one

32:21

point to another didn't walk

32:24

delay the whole project this project was

32:27

really high-tech I'll come to this later

32:29

the rest of the project was construction

32:32

construction and high tech they managed

32:34

it exactly like they manage the rest of

32:36

the airport and it delayed the whole

32:38

thing and on the bottom on the left you

32:41

see the Segway you know the Segway

32:43

fantastic vehicle that Megan was

32:45

supposed to revolutionize the world

32:48

paradigm shift in transportation they

32:52

assumed that this will replace

32:54

automobiles under this assumption they

32:58

built a manufacturing plant in New

33:00

Hampshire in America they didn't wanna

33:01

outsource it to build 16,000 segways a

33:07

year they only sold 60,000 so it was a

33:12

business failure the product is great

33:14

business failure didn't meet the

33:16

expectations and on the right on the

33:18

bottom you have the what's called the

33:22

forgot the name

33:23

you know the Motorola I don't know what

33:28

Iridium that's my thank you iridium is

33:32

supposed to be a satellite cell phone

33:34

they spent seven billion dollar Motorola

33:38

on this project when it was completed

33:40

iridium walked but nobody wanted to buy

33:43

it you know why because it was heavy

33:45

expensive $8 a minute while cell

33:49

technology moved so fast they continued

33:51

the project it has a successful failure

33:54

here's the question okay so under these

33:57

assumptions I would like to go on and

33:59

offer some perspective from research so

34:03

from research we know first of all that

34:07

planning and using the existing tools

34:10

doesn't guarantee success that's a fact

34:13

in fact no project failed because the

34:16

project manager didn't know how to use

34:18

Microsoft Project project failed because

34:23

of other reasons and I'll come to this

34:25

later okay

34:26

so why projects fail because of unclear

34:31

goals because of lack of leadership miss

34:36

reading the MA

34:38

and the last one is significant didn't

34:40

understand the challenges the

34:42

difficulties in this project and it's

34:44

not risk remember the world it's not

34:48

risk

34:48

don't you think boring man is risk

34:50

correctly first they did they didn't how

34:53

to address the challenges it's a big

34:55

factor in failures and I'll come to this

34:58

later it's part of innovation because

35:00

innovation can make or break your

35:02

project

35:04

that's why projects thing so what do we

35:06

know we know that the challenges keep

35:09

growing but the methodologies don't grow

35:14

so fast so I'm going to put a question

35:19

for discussion in a few minutes I'm

35:20

going to introduce the question now do

35:23

you recognize these issues around you

35:25

and your company in your projects etc

35:27

okay so we have the book on the left

35:34

side you have the pimp book in English

35:37

on the right you have the pimp book in

35:39

Hebrew if you still don't know I'm in

35:42

Israeli my accent is not Copenhagen

35:45

accent it's not an American accent I

35:48

grew up in Israel and my first career

35:50

was in Israel and I live in America now

35:53

so they have the pimp book in in Hebrew

35:56

do you have a pin book of Danish

35:57

yeah you have translation yeah not yet

36:01

send me the picture I need okay so the

36:05

pin book is like the Bible right so I

36:08

ask you a question this is all the

36:10

knowledge combined in one book and it's

36:14

big 600 pages keeps growing by the way

36:18

fifth editions they're preparing now the

36:21

sixth edition is going to be 800 players

36:23

oh now this is big it's bigger than the

36:27

Bible

36:29

okay so I ask you a question this is the

36:33

knowledge and here's the question so we

36:36

have the book and suppose you manage the

36:39

book the your project by the book

36:41

exactly by the book will you project be

36:45

successful what do you think

36:49

yes no maybe not always right it's not

36:55

the book I don't say the book is bad

36:58

don't get me wrong the book is the good

37:01

thing because it includes all the

37:03

knowledge and stuff but I only said

37:06

something else about the book it's it's

37:11

kind of I want to argue two things okay

37:18

maybe the book is too much let me

37:21

address this and then the second

37:23

question maybe something is missing in

37:25

the book why is the book so much because

37:28

imagine that you are managing a project

37:32

and you want to follow the book I want

37:35

to show you a picture from the pin book

37:44

this is the whole story right hold up

37:48

can you imagine one project that is

37:51

using all these things not even one

37:54

that means you don't need the whole book

37:58

okay when you go to a doctor you have

38:02

stomach problems you want the doctor to

38:05

treat your stomach your pain you don't

38:08

want them to open all the medical books

38:11

that they study to find what's wrong

38:13

with you when you go to a lawyer you

38:16

have a dispute with your neighbor you

38:18

want him to solve your problem you don't

38:20

want them to lose all the law books that

38:22

he'll and the same thing this project we

38:25

don't need to hold this huge book to

38:27

manage project we need much less how do

38:29

we know that's part of the problem okay

38:32

so I believe in the statement that says

38:40

less is more

38:43

okay

38:45

you buy into this good that's a great

38:50

great philosophy simplicity less is more

38:56

we teach young project managers the

38:58

whole book when they come to the to all

39:01

they open the book and say all right I

39:03

gotta follow this and this and this and

39:04

this and then they they try to be very

39:06

very precise and then they spend a lot

39:08

of time the wisdom is to learn and know

39:11

what you have to find in the book I said

39:13

the book is good it's the knowledge you

39:16

got to know the knowledge but is not a

39:17

guide it's called guide but it's not a

39:20

guide how to manage projects so we have

39:22

to take the book in the right way in the

39:24

right perspective okay and now we have

39:27

used the rule that says the diamond

39:29

principle a diamond is something they're

39:31

driving me for years in my company we

39:34

have a consulting and training company

39:36

it's a young company and the diamond

39:40

this guiding a lot of philosophy that

39:42

says everything has to be less than four

39:44

like the diamond shape has less than

39:47

four elements and which is that we try

39:49

to simplify everything I'll show you

39:51

what I mean okay

39:55

but I said in most project managers

39:59

mother you don't need the whole book you

40:01

got to select and you gotta learn to

40:03

tailor and that's an art at this stage

40:07

but we would like to turn it into a

40:09

science what does it mean experienced

40:12

project man that just know how to tailor

40:16

but it takes twenty twenty-five years of

40:18

experience to know and we want to

40:21

educate the young generation to learn

40:22

this really faster and right now we

40:28

don't have a formal accepted way so I'm

40:33

continuing with the research the second

40:36

question is what's missing in the book

40:41

okay so I want introduce here a

40:44

conceptual picture of the knowledge

40:46

growth in the world you have here two

40:49

graphs one is the growth in technology

40:51

and science that means we want to learn

40:56

faster

40:58

and we keep learning faster she's me so

41:06

the knowledge in technology and science

41:08

is exponentially growing huge we double

41:12

our knowledge every two years and it's

41:15

exponential and the blue and the red

41:18

shows the growth in project management

41:22

knowledge okay it's not that it is not

41:26

growing it's too slow

41:28

that means the gap increases and that is

41:32

the problem that's the problem that I've

41:34

been coping all this year that's a

41:36

problem that you guys and half-double

41:38

are coping the knowledge is not growing

41:40

fast enough okay how do we fill in the

41:44

gap and that comes me to the question of

41:52

what's missing in the book and I'm

41:55

looking at every profession made of two

41:57

parts science and art the science is the

42:03

formal way so it's in the books the

42:05

guidelines etc the art I just think that

42:08

people do under their own experience

42:10

their own way and like anything else the

42:13

iceberg is 20% above the water and 80%

42:17

below the water and I believe that in

42:20

project management 20% is the science

42:22

and 80% what does it mean it means that

42:25

these are the things that are important

42:27

for success as you've seen in my

42:29

previous slide when projects don't make

42:31

it they don't make it because of the

42:34

books other things so here we go the

42:39

science part includes all the technical

42:42

terms like work breakdown structure the

42:44

pill chance and and the the pin book

42:47

everything and the arts part includes

42:50

other things like managing uncertainty

42:51

mending change managing business

42:54

managing the challenge managing

42:56

innovation complexity all these things

43:01

are not in the book

43:02

so in my research over the last 2025

43:04

years we have been trying to turn the

43:08

art in

43:09

science learned from great project

43:11

managers and make this into a more

43:14

structured way and I'm gonna ask you a

43:17

simple question how much time do you

43:19

spend today on each path and usually you

43:24

realize you spend most of the time on

43:26

the top today because you followed the

43:29

rules but these are more important

43:32

things on the bottom but you cannot make

43:34

this into a science by looking at this

43:36

we went further so we studied as a

43:39

Michael mentioned we had a lot of

43:41

studies we studied failures by project

43:43

failure blah blah and then we looked at

43:46

the study said this doesn't give me an

43:48

answer why projects fail let's look the

43:50

other way

43:51

well projects succeed what did the best

43:55

projects in the world have in common

43:56

okay so I want to introduce one study

44:02

why some projects make it big the

44:05

biggest successes it's the good - great

44:11

study on project management and we found

44:17

that that research was published some

44:20

years ago at MIT Sloan and we found

44:23

seven elements that they have in common

44:25

okay

44:27

the elements are found in all the

44:30

greatest projects seven so here we go

44:33

they create the unique competitive

44:35

advantage and unique value they took a

44:40

long time until they started to walk in

44:42

the projects to prepare usually we

44:45

rushed the execution in the Western

44:47

society just do it you will know what we

44:50

have to do let's start doing it now wait

44:53

make sure spend a long time to prepare

44:56

the vision the plan the commitment the

44:59

people number three unique project

45:02

culture number four highly qualified

45:05

leader unconditional support good

45:09

leaders with high support from the top

45:11

at key doesn't always happen

45:16

number five using use the knowledge I

45:20

mean use what you have and adapt to what

45:22

you have number six the teams are

45:25

flexible change quickly the decisions

45:28

adapt to market technology and change

45:30

they are not rigid on number seven pride

45:35

okay

45:37

strong partnership on the ship and pride

45:39

now look at this list fantastic list

45:43

right can you do it I want them you know

45:50

there have been tons of study what's

45:52

called critical success factors started

45:55

thirty thirty five years ago it didn't

45:57

do anything to the profession because

45:59

you cannot learn anything from a list

46:03

because these are the secrets of the

46:05

stars and honestly you cannot learn from

46:09

the stars to illustrate this let's say

46:13

you want to be a good leader so look

46:15

around say who's a good leader judge I'm

46:18

going to read the book about Churchill

46:19

you read the book and now you know how

46:21

Churchill was a leader can you become

46:23

Churchill after you read the book of

46:26

course not

46:27

so it's not enough to have a list so we

46:30

went further in this research and we try

46:32

to see how we can combine this into

46:34

something more tangible and we have

46:36

created cluster analysis and we have

46:40

created three groups three groups

46:42

emerged of this seven elements the first

46:45

group is the business and the business

46:47

value the second group is the adapting

46:52

quickly adapting to circumstances

46:55

technology changes leadership and team

46:59

pride now these things can be turned

47:01

into a science ok and with this mindset

47:05

we have developed a methodology we call

47:09

it SPL strategic project leadership

47:12

later today I will describe it briefly

47:16

or everything goes fast here you know

47:18

half the time and I will also give you

47:22

my perspective about half-double and

47:26

here's here's what we do

47:28

I didn't introduce you at the SP

47:30

but this is what we found that the

47:32

elements are not in the book yet okay

47:36

it's the element of business the

47:38

strategy business value the leadership

47:41

the team spirit and the innovation

47:43

tailoring the project to the challenge

47:45

understanding and tailoring the project

47:47

so I'm coming back now to my questions

47:49

to you okay I'm repeating whatever we

47:52

learned from research okay

47:57

why projects don't make it and here's

48:01

the question do you recognize these

48:05

issues in your project so take a few

48:07

minutes talk your friend you've just got

48:09

to know your friends talk to each other

48:11

and talk about your issues and that's

48:14

the beginning of a break after that five

48:16

minutes we take a break

48:17

thank you

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