PM Point of View24 Okt 2023

Program Value Management

Challenged by the hosts, Kendall Lott and Mike Hannan, returning guest Steven Devaux takes his value break down structure (the "Golden Triangle") to a new level, looking at quantifying value of project within programs. That's the obvious, the less obvious is looking at the need for this view point in critical areas such as public health, emergency response and national security. He emphasizes the need to prioritize or sequence projects within a program to optimize the schedule for maximum impact, where the focus is on delivering outcomes rather than just producing products.

What might we achieve if public health professionals should be trained in program management to effectively deliver the benefits of their research? What we also need are feedback loops that give us the ability to reevaluate and adjust projects within a program based on emerging information and changing conditions. We'll start seeing value when we start focusing on return to mission rather than just the return on investment, it's about Program Value Management.

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