CHAOS Tuesday Show #113 is on optimization. In this show we explore how to optimize for project value and success. Jim Johnson and Jim Crear have a casual conversation on the process of making a project or portfolio of projects as effectiveas possible. For projects, it starts with managing scope:the total or sum of the deliverables and services to be provided from an IT project or program. For a portfolio, it starts with a list of projects and their estimated costs. A highlight of this conversation will be the notion of SICOM (size/complexity), which, you will learn, is analogous to the “blood pressure” of a project. Takeaways are:
- Effect of size/complexity (SICOM)
- Panda Bear Syndrome
- Return on Value/ROI
- Personalities of risk
Use of Optimix
Jim Johnson is the founder and chairman of The Standish Group. He has been professionally involved in the computer industry for over 40 years and has a long list of published books, papers, articles and speeches. He has a combination of technical, marketing, and research achievements focused on mission-critical applications and technology. He is best known for his research on project performance and early recognizing technology trends. Jim is a pioneer of modern research techniques and continues to advance in the research industry through case-based analytical technology.
Jim is the chief information officer and architect for The Standish Group International. He is an experienced executive with over 40 years of experience in the field of Information Technology. He has had a diverse career leading IT organizations in academia, biomedical, manufacturing, and software companies.