PMO Strategies
279: Is Your Team Trapped in the Triangle?
Oct 27, 2024
Is your team stuck in the project management triangle of time, scope, and cost? Shifting focus from these metrics could unlock real business value. Embrace an outcome-driven approach and redefine success with stakeholder engagement. Discover how to become a Strategy Navigator, aligning your projects with organizational goals. Strategies discussed will empower you to deliver greater impact and forge meaningful outcomes. Stop managing and start leading to accelerate your success!
25:00
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Quick takeaways
- An excessive focus on the project management triangle can obscure genuine business value and hinder meaningful project outcomes.
- Engaging stakeholders early to define success collaboratively is crucial for aligning projects with actual business goals and enhancing value delivery.
Deep dives
The Triangle Trap in Project Management
Focusing excessively on the project management triangle, which consists of time, scope, and cost, can hinder the delivery of meaningful outcomes. In the case of Samantha, a new PMO leader, her dedication to adhering to this triangle led her to resist necessary changes that could have improved project alignment with business goals. Despite maintaining control over timelines and budgets, her projects ultimately failed to meet critical market needs, resulting in significant dissatisfaction among executives. This situation exemplifies how an over-reliance on traditional metrics can lead to misguided priorities that overlook the actual value delivered to the business.
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