Skip to main content

Project Scope

Make the best strategic decisions for what next? through continous process optimisation:

SOP Analysis

  1. How interchangeable are resources?
  2. How much risk if you lose supply of a resource?
  3. Enough resource capacity?

or running business can be thought of as a continous thread of projects to manage. Where thinking in terms of bet on which option to dedicate time and energy starts each cycle.

Sometimes results will go your way, othertimes not. Circumstance are not in your control. But you can decide how to interpret those results and make an honest effort to [learn from them](/docs/work/business-roles/tem

  1. Gather people's dreams for a better future. Identify strengths and weaknesses of those stories.

Meld into a collective cohesive story.

Retell the right story to the right people using the right tools at the right time, to create whole-hearted belief in the vision and mission.

tip

Money equals Belief plus Ability plus Energy

If you can get a group of people to believe strongly in a common purpose and have a best practice playbook; you can achieve great things. Anyone with curiousity and the ability to perist through the pain can leverage Google to learn to do anything.

DAOs will make financing, governance and reward more clear cut.

Prioritisation​

Evolve practice for making strategic decisions on the most effective allocation of capital and resources for the next goal setting period/

The best teams know how to balance goals versus:

  1. Pain / Defend
  2. Capability / Practice
  3. Desire / Attack
Balance Priorities

Think in bets - compare Discounted Cashflow of potential strategic options.

  • Timing
  • Expected Value

Vote on strategy. Once vote is set, everyone must commit 100% to making the strategy a success even if you had alternative ideas.

Mantra

Vision without action is a daydream. Action without vision is a nightmare - Japenese Proverb

Planning​

Mantra

Plans are worthless, planning is essential - Dwight D. Eisenhower

  1. Define Scope
  2. Requirements and Resources
  3. Contraints and Risks
  4. Map Business Processes
  5. Forecast Budget and Value Creation
  6. Identify Milestones
  7. Form the Team
  8. Quality and Communication

Problems​

Accurately identify the biggest problem to to solve to ensure success.

Forecasts​

Evolve systems that are fast and accurate at predicting the future budgets.

Fundamental to ability to extratrapolate forecasts an compare options is consistency of approach.

  1. Enforce standards of quality requried
  2. Building teamwork to be ready to overcome adversity when it strikes.
  3. Documentation to onboard and upskill new team members.
  4. Processes that optimise communication.

Thinking in bets, required to choose the option and strategy for current appetite for risk vs reward.

Variables​

  • Stability of scope
  • Degree of uncertainty or risk
  • Type of workers
  • Importance of time (Pace)
  • Importance of cost
  • Level of new technology
  • Series of projects or one-off
  • Form of commitment
  • Level of detail in plans

Type of Work​

  • Creative Thinking
  • Process Driven

Optimal productivity requires striking the right balance of of time dedicated to:

  • Thinking
  • Building
  • Selling
  • Playing
  • Resting
Creative Thinking​

Schedule for ad-hoc inbound communication is closed. Work in a more isolated environment.

Understand what drives people and constantly evole the optimum environment and rituals that lead to insightful output.

The best ideas come from the subconscious when you are not trying.

Task Driven​

Open schedule for ad-hoc inbound communication. Work in more social environments.

  • develop automated action list
  • link to well-defined process checklists.

Grunt work, financial incentive has correlated impact on productivity.

Plan these activities for the time of day when the brain is less sharp.

Types of activities.

  • Meetings
  • Phone calls