Success of Project depends on our ability in three areas: Project Management + Project Leadership + Project Entreprenuership This I call Project Power Cube..

1. [Project Power] 3 Address at Microsoft & PMIPCC “Project Management Cluster” Delivering 2x Value by VSR Global Head – Oracle Practice Mahindra Satyam 31-Mar-2011

2. Project Success Rate IT Projects (General)

3. Project Success Rate Infrastructure Projects – Govt of India The total original cost of implementation of the 567 projects (>150 cr value) was of the order of 5,92,535.30 Crores and their anticipated completion cost was 7,16,353.74 Crores, which reflects a cost overrun of 20.90% Source: Ministry of Statistics & Programme Implementation - Dec 2010

4. Today I do not want to speak about 100 reasons why Projects fail. I would like to speak about 3 reasons why the probability of project success improves! [Project Power]3 = Project Management + Project Leadership + Project Entrepreneurship

5. Reduce Project Cost overruns and aim at having savings, which could be used for future growth investments in your organization

6. [Project Power]3 - “SEA” Science Engineering Art

7. Project [Management] Project Management helps the project managers to deliver projects on time, within budget, within scope & expected quality and Without claims & litigations

8. Project [Management] (contd..)

9. Project [Leadership] Leadership in Project Management helps the project managers to create a shared vision and motivates the team to have shared action to realize the shared vision

10. Project [Leadership] (contd..)

11. Project [Entrepreneurship] Entrepreneurship in Project Management helps the project managers to deliver expected value/results against all odds and Creates tangible intellect capital to repeat the success and Creates an element of pride for being part of the project

12. Project [Entrepreneurship] (contd..)

13. [Project Power]3 - “SEA” – The 2X value

14. Your Zone of Success – (Illustrative) High Risk Zone: High probability of Failure Comfort Zone: High probability of success Risk Zone: Medium probability of Failure

15. The most successful project in the worldCase study for [Project Power] 3 - not in business perspective The most successful projectin the world is “Freedom Fight in India through Satyagraha” Project Manager: Mahatma Gandhi (Father of Nation) Mahatma Gandhi executed this project for more than 25 years by inspiring millions of Indians the result is that we are living in Independent India today

16. The energy generated yesterday after India won the cricket match against Pakistan might be equivalent to many atom bombs One event can bring ALL together with extraordinary passion, pride, fire and joy Identify one such event which brings your project team together and make them feel pride!!

17. Thank You! Jai Ho & Jai Hind VSR http://vsr-blog.blogspot.com/ http://twitter.com/#!/VSR111 http://in.linkedin.com/in/vsr111