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Dear CIO/IT managers,
This
CPTTM CIO newsletter is to bring useful news to you, CIO/IT managers in
Macau, for references without obligations, so that you can do your jobs
easier and better! Hope you like it. if you'd like to unsubscribe or
recommend your friends to subscribe, just email me at kent@cpttm.org.mo.
Old
issues
are available here.
Topics in this issue:
How to avoid IT project failures: Earned value management
We all know that IT projects carry a lot
of risks in terms of time (overdue), cost (over budget), scope
(wrong or missing features) and quality (unreliable systems).
Fortunately, there are a few things that we can do
to significantly reduce these risks. One of such methods is
called "earned value management" that can manage both the time (schedule) and the cost.
How to do it? First, in the project plan, we assign a
budgetted cost to each task. As the project is implemented, the actual
cost of each task performed is also recorded. Then at any particular
time, we can calculate the sum of the budgetted costs of the tasks
planned and the sum of the budgetted costs of the tasks actually
performed. If the latter is less than the former, you're behind
schedule and you'd better take action immediately. This helps us
manage the schedule at early stages. To manage the cost, we calculate the budgetted
costs of all tasks actually performed and their actual costs. If the
former is greater than the former, you're over budget and you'd better
take action immediately. This helps us manage the cost at early stages. Of
course, there are a lot more than what's explained here in managing IT
projects. Therefore, we've invited a senior IT project manager
from mainland China to come to Macau to conduct a course on managing IT projects. Don't miss out! How to let your staff ask for more work to do Do
you want your staff to ask for more work to do instead of being
assigned by you to do things that they don't want? Recently I found a
magic solution that seems to work pretty well. It is so simple in
principle but it can hugely benefit you, your staff and your
organizations and their relationships. How? Award their contributions
to your organizations. To do it, follow these simple steps: - Device an objective
way to measure & reward their contributions. I set a baseline using
95% of their past contributions. Then add 20% to get the good
level. Add 40% to get the excellent level.
- Discuss with them to get their consent;
- Measure
their contributions regularly (e.g., monthly) and forecast if they can
meet the baseline. Congratulate those who are doing well. Help the others, by your hearts, to achieve better results.
- Give rewards to those achieving the good or excellent levels.
Although
it sounds simple, it can be a minefield if you're not careful. In
particular, note the following (I found some of them the hard way): - Must
make sure everyone can pass the baseline without added effort. For
example, I used their past contributions and multiplied it by 95% to
get the baseline. Yes, I mean everyone, including the ones who are
perceived as lazy or undisciplined by others. Always be positive about
people. They may just need a reward system to unleash their potentials!
- Never compare or try to compare the contributions of two staff
members, even if they have the same job title. Always compare the
person to his past to encourage growth.
- Must
always use this system as a reward system to encourage those who make
extra contributions. Never try to use it as a punishment system. Even
for those who somehow fail to meet the baseline, our task is help them
do better the next time (e.g., provide training to them). All
people want to win and do better. They may just need some help.
To learn more, you can attend our Performance Management
course. It is currently not open, but you can register with us so that
we can inform you when the next class is open. I am not trying to sell
the course to you; It is something that could change your life as a
manager and unleash the career potentials of your staff!MS Office to support ODF as default format
In a surprise move, Microsoft announced that MS Office 2007 SP2 (scheduled for the first half of 2009) will have built-in support for the OpenDocument Format (ODF), i.e., it will be able to use ODF as the default file format. In contrast, it will NOT support its OOXML format until Office 14, the next major release of MS Office (unknown schedule). It is high time that we considered moving to ODF: We can continue
using the familiar MS Office while keeping our documents in an open
format that can be read by multiple programs. Upcoming courses
for CIO/IT managers
Feedbacks
Any
questions, ideas or experiences to share? Contact me at
28781313 or kent@cpttm.org.mo. We also
have two other newsletters: Network
administrator newsletter and Software
developer newsletter, your staff may like to subscribe.
Until
next time,
Kent
Tong
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