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Project Management for Start Ups Mike Marco MBA/PMP/PME Copyright eConsulting Group™, Inc. Project Management Maturity Survey. IgniteChi.org

Ig1 Project Management for Start Ups

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Project management is a process of planning, organizing, leading, controlling, monitoring, and measuring a project’s activities throughout a project’s lifecycle, making sure that what ever has been planned we have accomplished.If you bear this definition in mind, you will see that our lives, professional and personal, are made of small and large projects. Since you were born, like it or not, you have had to undertake different projects in order to grow, learn, and make a living. Among these are school and college; buying groceries, meeting people, going to a game...and/or running your own business. The better organized you are the more successful you will be in completing your projects. Project Management is an essential tool for start ups. It will help you deliver more with limited resources, obtain higher ROI, impressed your clients, and motivate your team to move from chaos to results.

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Page 1: Ig1   Project Management for Start Ups

Project Management for Start UpsMike Marco MBA/PMP/PME

Copyright eConsulting Group™, Inc. Project Management Maturity Survey.

IgniteChi.org

Page 2: Ig1   Project Management for Start Ups

๏ Established in 2000.

๏ Project Outsourcing.

๏ Management Consulting and Training.- Project Management.- Agile Management.- Six Sigma.- Business Analysis.

Copyright eConsulting Group™, Inc. Project Management Maturity Survey.

IgniteChi.org

Page 3: Ig1   Project Management for Start Ups

๏ Project: A number of interrelated activities that have a common goal or objective.

๏ Management: All efforts, tools, and techniques that a project manager utilizes in order to accomplish each of the project activities.

Copyright eConsulting Group™, Inc. Project Management Maturity Survey.

IgniteChi.org

Page 4: Ig1   Project Management for Start Ups

Join Project Management Expert™ on Linkedin.com

Survey Results

Variable ValueNumber of Employees 9109Number of Undertaken Projects 124.7Number of Completed Projects 90.6Percentage Completed on Time 67%Percentage Completed on Budget 67%Percentage Completed on Scope 70%Success - Failure Ratio 62%Maturity Level 2.8

Copyright eConsulting Group™, Inc. Project Management Maturity Survey.

IgniteChi.org

Page 5: Ig1   Project Management for Start Ups

๏ A startup company or start-up is a company with a limited operating history. (source: Wikipedia)

๏ Characteristics:- New Markets/Ideas,- High throughput of ideas,- Higher risk, - Higher Potential ROI,- Scalable,- Fast Growth,- Flat OBS,- Lack of methodology.

Copyright eConsulting Group™, Inc. Project Management Maturity Survey.

IgniteChi.org

Page 6: Ig1   Project Management for Start Ups

๏ Benefits from Project Management- Connect Strategic Objectives to Operations.- Prioritization.- Focus on Customers.- Better planning and execution.- Better conflict management and decision

making.- Better cost management.- Increase in profit/ROI.- “Management by Objectives/Results.”- Motivation.

Copyright eConsulting Group™, Inc. Project Management Maturity Survey.

IgniteChi.org

Page 7: Ig1   Project Management for Start Ups

๏ A startup company objectives with PM:- Prevent Chaos,- Grow Business to the Next Level,- Focus on Results/Clients/Projects,- Control Cost,- Increase in Revenue/Market.

Copyright eConsulting Group™, Inc. Project Management Maturity Survey.

IgniteChi.org

Page 8: Ig1   Project Management for Start Ups

Questions

Mike Marco, MBA/PMP/PME312.644.8699

[email protected]

Linkedin Group – Project Management Expert™

Copyright eConsulting Group™, Inc. Project Management Maturity Survey.

IgniteChi.org