In this interview, Paul tells us about project management best practices and the lessons he has learned over the past 25 years in business. He also speaks about the significant changes in the execution of project management due to professionalization and capabilities.
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Excerpts from Episode 25: “Project Management Predictions and more”
Utilization of specialized project tools has moved companies away from the use of numerous excel spreadsheets. Nowadays there is more of a focus on having project management specialists who have external accreditation.
Paul believes that project management has moved from an art to a science.
The scale and complexity of projects have grown and therefore so has the need for improved capabilities. Without these capabilities, we would not be able to engage in such large scale projects. Although there have been significant changes in the area of project management, Paul tells us that in his opinion, the underlying principles have remained unchanged– Scope, Quality, Effort, Risk & Time.
When asked by Johnny about Portfolio Management, Paul states that he believes it to be essential, particularly as you move into a more complex environment. Portfolio management software gives you control and visibility for mapping out scenarios and resources allowing you to make decisions at an overall organisation level, not just at an individual project level.
Connect with Paul Duff here or email Paul.Duff@ie.ey.com.
EY, formerly known as Ernst & Young, is a multinational professional services firm headquartered in London, United Kingdom. EY is one of the largest professional services firm in the world and is one of the “Big Four” accounting firms.
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