The Business Value Oriented Project Management (BVOPM) office participates in fast and reliable decisions making. This may prevent slow decision-making from different stakeholders at different stages of project delivery and product development.
Various individuals, teams and external organizations may need answers to questions about every aspect of the project. A frequency of response and solutions may eliminate waste and speed up the work of entire teams and organizations.
The BVOPM office major strategies for fast and reliable decision making are:
- Professional knowledge
The preparation strategy includes initial preparation of different possible decisions to make, which may include consulting at early stages with different teams, individuals or other parties, recall of previous documented decisions, creating questions and answers databases, guidebooks or any other helpful resource.
The preparation strategy may require a significant amount of time and it is used with caution to avoid waste.
Although preparation may be a resourceful strategy, the created information, documentation and tools may be useful for future use and reference.
If initial preparation is not an appropriate strategy for the organization, all important decisions during the project phases can be documented for future reference and any future decision making may require less time and resources.
Training is another decision making strategy that requires time and resources. Although it is resourceful, knowledge may be very helpful in future decision-making processes. If the planned projects require a significant amount of time and budget, training may be an acceptable strategy.
A common strategy for fast and reliable decision-making may be an establishment of Business Value Oriented Project Management (BVOPM) office with professionals already possessing extensive knowledge and experience in many project, product, and business themes related to the planned activities.
The communication strategy is often used as the easiest one but it requires the regular involvement of higher management or individuals from different departments.
A mix of different strategies may be an optimized approach for the BVOPM office decision making.
Product support activities
Product support activities may include many research and development practices. This is not a quick and easy stage and may require the involvement and knowledge of the BVOPM office and its rapid intervention and decision-making.
Product management adjusting
Adjusting processes, practices, and tools is strongly recommended by the BVOP and the BVOPM and BVOPDM offices may work together in adjusting practices of product management and development.