Writing Business Plans/follow up
Expert: Leo Lingham - 1/9/2009
QuestionANSWER: AJ,
More often the projects are the outcome of
BUSINESS PLANNING.
As a project manager, you will be interacting with
the planning management in a limited way.
The results/ outcome of the projects is expected
to meet the objectives of the BUSINESS PLAN.
REGARDS
LEO LINGHAM
---------- FOLLOW-UP ----------
QUESTION: so , what I have to do ? whats qualification I need be a business planner ????????
you said "As a project manager, you will be interacting with
the planning management in a limited way"
ohhh , how that sir ? , all past conversation was just investigation to acquired the qualifications let me plan strategies & manage !!!!!!!!!!! ( need more elaboration for your statment"
thank you
Answer AJ,
I WILL GIVE AN EXAMPLE ''IT'' COMPANY HERE.
A BUSINESS PLANNING DIRECTOR REPORTS TO ''CEO''.
THIS PERSONS DEVELOPS THE STRATEGIC BUSINESS
USING THE BELOW PROCESS.
Initiate business strategic Planning
Identify & Clarify Values
Conduct Stake- Holder Analysis
Develop Mission
Assess External Environment
(Opportunities & Threats)
Assess Internal Environment
(Strengths & Weaknesses)
Identify Strategic Issues
Develop Strategies
Implement & Monitor Plan
IN THE BUSINESS PLAN, THE PERSON HAS IDENTIFIED
A SOFTWARE ''XXX'' NEED IN THE MARKET AND
DONE THE FEASIBILITY STUDY.
THIS GOES TO THE ''CEO'', WHO ON APPROVAL
SENDS IT TO THE MARKETING DIRECTOR
TO IMPLEMENT IT, AS IT IS SEEN TO BE A GOOD
POTENTIAL.
THE MARKETING DIRECTOR, ON EVALUATION, DECIDES
TO GO AHEAD WITH IT.
HE ASKS THE PROJECT MANAGER TO TAKE IT UP.
HERE THE PROJECT MANAGER IS RESPONSIBLE FOR
THE COMPLETION OF THE PROJECT.
IF THE PROJECT manager NEEDS ANY CLARIFICATION,
-he can seek the help of the business planning manager.
THIS IS HOW THE JOB IS DONE.
=======================================
THE BUSINESS PLANNING DIRECTOR
COULD BE ''MBA''
WHEREAS THE PROJECT MANAGER
COULD BE ''MBA --PROJECT MANAGEMENT''.
=========================================
FOR A SUCCESSFUL BUSINESS PLANNING CAREER
-you need a mba [ finance or business ]
-start the career as a management trainee or business analyst
-work in the following areas
*business planning
*strategic planning
*marketing planning
*corporate planning
FOR AT LEAST 5/6 YEARS.
THEN ONE COULD BE CLASSIFIED AS A SUCCESSFUL
BUSINESS PLANNING MANAGER/ DIRECTOR.
REGARDS
LEO LINGHAM
========================================================
OK sir that's nice , so is project manager has the area to create , plan , develop , design strategies ?
may after few years of project managing hand experience + MBA in project managing can obtain busienss analyst position or any planning postion or directing postion ?????
when you recommend me MBA in project management you don't tell me as usual about major or minor , if I assume that the major ll in project managing what about minor ?
AnswerAJ,
1.After some years of experience in project management,
one can move into positions like
-DIRECTOR OF PROJECT MANAGEMENT [ IT FIRM ]
-DIRECTOR OF PROJECT MANAGEMENT [ CONSTRUCTION FIRM]
-CONSULTANT [ PROJECT MANAGEMENT]
-STRATEGIC BUSINESS PLANNER
ETC ETC.
[while working as a project manager, you can upgrade your knowledge
by completing a short course in ''BUSINESS PLANNING''. ]
===================================================
1.IN MOST PROJECT MANAGEMENT COURSES,
I AM AWARE OF,
-the first year is common subjects for all --the core subjects.
-during the second year, there is a range of electives
from which you select.
FOR EXAMPLE
-Project Teams
-Strategic Issues: The Project Office
-Project Planning and Control Techniques
-Project Management Framework
-Project Quality, Risk and Procurement Management
-Project Scope, Time and Cost Management
-Project HR, Communications and Integration Management
THESE SUBJECT ELEMENTS VARIES WITH THE
UNIVERSITIES, THEY ARE NOT THE SAME
IN ALL UNIVERSITIES.
REGARDS
LEO LINGHAM