A happy New Year to you from all here at Execview!
The New Year is a time for many people to make annual commitments. As people begin to consider new beginnings, parks and gyms become busier for a few weeks as people commit to fitness. Perhaps you are participating in a dry January, or Veganuary. Professionally, people may begin to consider their careers, such as advancing up the corporate ladder or starting a new job. However, we are all aware those resolutions are frequently broken; according to U.S. News, 80% of people abandon their New Year’s resolutions by the second week of February. James Clear, the author of Atomic Habits, says developing a new behaviour or habit can take anywhere from two to eight months.
Forbes set out five reasons why we do not achieve our New Year goals:
We Fail to Pick Realistic Goals – According to Statista, the most popular New Year’s resolutions are reducing weight, exercising more, and eating healthier. These are attainable goals, but many fail to achieve them. We don’t take a realistic approach.
We Don’t Plan Properly – How can you keep your resolutions if you don’t have a plan? You may do many things to obtain a suitable resolution, but before you do anything else, you must consider what will genuinely work for your lifestyle. Make your strategy as detailed as possible, and then stick to it. Don’t forget to jot down your progress.
We Don’t Make It a Habit – According to Clear, everything in life is the outcome of a habit. If you want to break a bad habit, you’ll need to replace it with a good one that serves the same function. Slight changes made now will help produce more significant outcomes overall.
We Don’t Have Support – No one can achieve their goals without assistance and support. Free help still helps, even if professional coaches, trainers, and assistants are helpful for your aims. Don’t be scared to reach out and ask for help.
We Fail to Track Our Goals – Resolutions and habits take time to form. Clear is a great believer in keeping track of your progress. “While you are waiting for the long-term rewards of your efforts to accumulate, you need a reason to stick with it in the short-term,” he says. “You need some immediate feedback that shows you are on the right path.”
What about resolutions for better Project Portfolio Management?
Are you trying to increase your proficiency in Project Portfolio Management (PPM) this year? Don’t be concerned if you don’t get everything right the first time. Even in the PPM world, being determined is crucial to success.
Of course, keeping New Year’s resolutions is difficult. Not only will you find a list of objectives here, but you’ll also get help on how to accomplish them.
Here are four basic resolutions that you may put into action right now and refer to throughout the year:
Plan your project order and implement it properly – PPM is a discipline that is ideally suited to phased methods by nature and because of its consequences across the whole enterprise. When you try to do too much at once and enhance all processes simultaneously, you’re more likely to lose focus and have more failures. Instead, focus on laying a sturdy foundation rather than getting carried away.
Identify and approach the appropriate support – In a vacuum, managing project portfolios is impossible. It’s a genuine team effort that necessitates buy-in from the top-down, from CEOs to project managers and colleagues. Furthermore, publicising your PPM programme has another advantage: it commits the firm to improve processes and emphasises that this is a top priority. If you’ve communicated your vision with your co-workers, you’ll have a higher chance of succeeding.
Prioritise projects that offer value – Selecting initiatives that give the most value to the company is critical to establishing a well-balanced portfolio. This should be true of the PMO’s projects as well. Why not use your own prioritising process to determine which parts of a PPM solution bring the greatest value to the business when deciding which ones to deploy?
Track your goals – As Clear said, goal tracking keeps you motivated. By having a visual representation of your results from the previous month, you are more likely to stay motivated and keep going. Use your portfolio management software to measure success against your own goals, just as you may wish to track project performance across your various business divisions. Concentrate on a few areas where you’re having trouble and establish a primary goal for yourself. You’ll only know if you’ve met your plans for the year if you keep track of them.
For the most effective PPM solution, Execview is here to help. To find out more, you can visit our Product page for a more detailed breakdown of our software or the Solutions page, where we outline some specific outlines for certain stakeholders and answer FAQs. If you have any further questions and want to find out more, visit the contact page or email one of our experts at [email protected]. Or, you can talk to Tory, our Sales Manager, using the live chat function on the website.
Also, we would love to hear from you if you have any PPM related resolutions – feel free to get in touch.