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Fresh look – risk relationships

In our “Rethinking” series  we try to challenge traditional thinking and assumptions about particular topics.

Risk management should be the star of the P3M show, but it rarely is. In organisations that are forward thinking enough to have risk professionals the relationship between project managers and risk managers is not always optimal.

In this paper, Ed Brown, Aspire Assess director and a risk advocate provides some fresh insight into how the relationship could work better.

What can project risk management learn from rock climbing

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High performing organisations – does this sound like you?

raft raceWe were undertaking a review of what we had seen and learned over the last year, and one of the main developments was the emergence of organisations achieving P3M3® level 3 and 4 ratings.

There have been some interesting discoveries about the characteristics of these organisations, beyond what we had anticipated. Some of the characteristics took us by surprise as they were more around moods and behaviours that were less tangible, we could almost “feel” the positive energy.

We have analysed dozens of organisations through our work with P3M3. We thought it would be useful to share some of the characteristics of those that stand out from the crowd, in no particular order.

  1. Self critical and restless: Organisations that are on the improvement projectory are continually dissatisfied and impatient, they are looking at where further improvements can be made and willing to take risks to achieve better performance.
  2. Learning organisations: They do not pay lip service to learning lessons and most importantly, they do not wait for a failure before looking for the new opportunities, they will analyse successes as well to differentiate performance from luck
  3. Measuring performance: They don’t just gather data in reports for the sake of it, they analyse it and use it to being good enough is rarely enough, they analyse their data and turn it into an asset.
  4. Educating their people: They don’t just send them on courses, they seek to develop their knowledge to underpin performance improvements from increasing confidence as part of a professional development strategy.
  5. Respecting assurance: They see this as an opportunity to avoid unnecessary failure and an opportunity to learn. Many organisations pay lip service to this and are grateful for a non-critical report, the high performers are much more demanding.
  6. Curating knowledge: They see knowledge as the foundation of power to improve and to do this they will implement tools and systems that enable them to not just store information but to interrogate and proactively broadcast it to an organisation that is listening.
  7. Clear lines of authority: Enable them to make the right decisions at the right time, sometimes they may be bound by their industry and regulation but they will have optimised themselves to function as best they can.
  8. Knowing their own limitations: They will know their limits of capability and competence, this will enable them to make balanced risk based judgements so that they do not get out of their depth unexpectedly.
  9. Committed leadership: They will have leaders who are committed believers, they will provide support and encouragement to teams to follow the proven working practices, but they will flex and adapt when needed. Lower performing leaders abandon proven practices and panic when trouble threatens or stick to them rigidly.
  10. Standing on the shoulders of giants: They don’t make the same mistakes as others, they investigate the solutions to problems and use proven solutions rather than inventing their own routes to failure through guesswork.
P3M3® is a [registered] trade mark of AXELOS Limited, used under permission of AXELOS Limited. All rights reserved.

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Press Release: Aspire Europe acquire Rovsing Business Academy, Denmark

Bristol, 1st December.  0900

Aspire Europe Ltd are very pleased to announce the acquisition of a majority shareholding in Rovsing Business Academy, a Danish based  training company offering Axelos and APM Group training courses.  Anders  Murmann has been appointed at as the CEO.

Rod Sowden, Managing Director, Aspire Europe Ltd said “This is a really exciting development for Aspire Europe, acquiring such a well known brand in Denmark provides us with the opportunity to expand our operations and establish solid foundation inside the  EU.  We are very pleased to have  Anders onboard and running our Danish operations. He is a great addition to the Aspire Europe management team and we are looking forward to working with him in the years to  come”

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Want to get close up and familiar with P3M3®?

As many of you will know, P3M3® is the world’s number one framework for assessing organisational maturity and performance in portfolio, programme and project management.

If this is a new concept to you, click here for a quick introduction.

This free briefing (pdf) outlines the key concepts of P3M3. Right click this link and ‘save as’ to download the interactive overview, please view it in either Acrobat or Adobe Reader.

We have also put together a video to take you through the history and concepts behind P3M3, we hope you will take a look

 
P3M3® is a [registered] trade mark of AXELOS Limited, used under permission of AXELOS Limited. All rights reserved.

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Christmas is nearly here!

Well its almost Christmas and the Aspire team are close to shutting down for Christmas and a well earned break.

We’d just like to wish everyone out there a very Merry Christmas and hope you all have a wonderful time.

We look forward to meeting up with you again in the New Year

Best Wishes

From Everyone at Aspire Europe

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Congratulations!

Congratulations to Rovsing Management for 100% pass rate on their MoP® Foundation exams.

Well done to our trainer Alan Summerfield who delivered this course and helped all delegates pass their exams.

 

MoP® is a registered trade mark of AXELOS Limited.

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APM Project Challenge Update

As many of you will be aware Aspire Europe have entered a team into this years APM Project Challenge and have chosen to raise money and provide project management eLearning to the Tag Rugby Trust. A quick update on our progress so far!

Combining our on-line and offline donations we have now raised around £1150 which is amazing and we would like to thank everyone who has donated for their generosity and anyone who would like to donate please follow the link below to our JustGiving fundraising page.

Sam and Alice are due to do their 15,000ft sky dive (highest possible jump without oxygen) in just 38 days and have funded this completely out of their own pockets, therefore any sponsorship for them would also be welcomed and greatly appreciated.

The team start our public fundraising this Friday night at the Bristol Rugby vs Ealing Trailfinders game at Ashton Gate Stadium, Bristol, where we will be raising awareness, collecting funds and selling prize draw tickets. We will provide an update to how we got on next week.

Finally we have been contacting many different organisations from local rugby clubs to international rugby to help us with our cause, and this week we received a lovely email from England rugby commending us on the work we are doing and commenting “What a superb project you are involved in” (England Rugby Union Social Responsibility Manager). This was so exciting to receive praise from someone so prominent in England Rugby.

For any further information or to make a donation please visit https://www.justgiving.com/Aspire-Europe and we hope to provide more exciting updates soon.

 

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