Professional Services Work Management
Professional Services Work Management
The Professional Services Work Management capability’s enablers include Planning and Scheduling, Changes, Risks, and Issues, and Execution and Tracking. Each capability within the Planview Capability Framework has a distinct set of features and functionality, business processes, best practices, and analytics and reports that deliver value to customers in the form of specific business outcomes.
Enablers and Business Outcomes
Planning and Scheduling
Provides work managers with the ability to view and manage all work details. They can develop the schedule or plan by defining the timeline, milestones, activities, and resources required to deliver the work. Resulting business outcomes include:
- We can implement a standardized work planning and scheduling process for projects and other planned work.
- We can plan work milestones and categorize these milestones to drive project status reporting.
- We can define the phases of work or activities at a detailed level that supports resource forecasting and planning.
- We can forecast the effort required to deliver the work, expressing this demand against the relevant organizational and resource type.
- We can use schedule templates to apply planning standards and to drive consistency and efficiency.
Changes, Risks, and Issues
Supports the definition and classification of change requests, risks, and issues and the tracking of any subsequent actions, approvals, or escalations. Resulting business outcomes include:
- We have a standard and consistent method for capturing and managing project change requests, risks, and issues.
- We have a single organization-wide repository of change request, risk, and issue information, which can be automatically consolidated into project status reports.
- We can measure the volume of project risks and group and categorize them to understand their impact on the successful delivery of projects.
- We can measure the volume of project issues and categorize them to identify projects that could deliver late, over budget, or outside scope or quality.
- We can understand the impact of change requests on project schedules and financial plans and approve or re-baseline accordingly.
Execution and Tracking
Supports the project manager to manage the project through the execution/delivery stages and to report on the overall status and health of the project. Support the management of all work types, whether project-based or lights-on work. Resulting business outcomes include:
- We can monitor actual effort reported to timesheets and determine how this effort has contributed to project progress.
- We have a single, timely, and accurate organization-wide view of project status, with all reporting needs being met from this single version of data.
- We can view portfolio level status reports based on project status information.
- We can compare the performance of a project against financial and schedule baselines and schedule variance alerts, ensuring that remedial action takes place.
Match the work to the business model
When operating in an externally focused model that bills customers for work, maintaining margins is vital. Create work that is optimized for the type of business model being used, such as assigning less costly internal resources for fixed-fee projects or more expensive contractors to engagements using time and materials to ensure profitability.
Prioritize visibility and tracking
Provide access to relevant, accurate, and timely data to ensure projects stay on track and on budget. Use visual tools such as easy-to-understand reports and dashboards to compare performance to financial and schedule baselines, enabling upward and downward transparency and alignment throughout the organizational hierarchy. Actively work with customers to capture key performance indicators that can quickly identify the need to pivot, adjust funding or capacity, or pull back.
Utilizing templates captures methodologies, helps streamline project initiation, and allows work to be easily created based on the type of work or billing model. This ensures engagements can be repeatably optimized for profit in a way that is scalable across the organization.
Centralize project information to monitor work progress and health, coordinate execution, and ensure timely delivery. Provide a single source of truth for all project details to enable visibility into project dependencies, risks, shared commitments, and overall profitability.
Proactively manage and collaborate with customers
Understand what your customers need to know about the project and provide accurate and timely updates. Keep an open line of communication with customers in a centralized location to avoid confusion and minimize the financial impact of any changes.
Standardize the process for defining work and associated timelines, milestones, and activities. Create a formal and standard process for creating and closing a new change, risk, or issue (CRI) to provide transparency into how work is defined and CRIs are received.
Enable multiple ways of working
Different customers will work in different ways, some preferring agile boards and cards, while others need a more traditional approach. Ensuring your teams are able to deliver work to the customer in the way they need it will facilitate the engagement and foster future opportunities.
For optimized delivery, teams must be empowered to plan and execute work. Execution today is a mix of technologies and hybrid methodologies, that when aligned, provide a single line of sight that ensures effective delivery. Use these tools to give teams the autonomy to estimate and sequence work, and pull from prioritized backlogs when work stalls or must be abandoned so teams can continue to deliver value while maintaining visibility.
Processes and Reports
Professional services work management provides project managers the ability to develop a services work plan or schedule by defining the timeline, milestones, activities, and resources required to deliver the work. This capability allows work managers to define and classify risks, issues, and change requests, track and manage project execution and delivery, and report on the overall status and health of projects.
Planning and Scheduling Process Steps
Create a new project for the engagement. Utilizing predefined templates can optimize project creation by allowing you to efficiently create work in the formats required to support specific business models.
Documents used for billing, such as quotes, statements of work, or contracts, may be included in a project or work item by adding a file. If a project or milestone used to create a template includes documents, those documents will be included in the template.
For more information:
|Set billing type||
Set the billing type to align with the business model being utilized for the engagement:
The billing type controls the planning and tracking of revenues and provides time-phased visibility into billable work items based on the type selected.
For more information:
|Define work breakdown structure and schedule||
Build out the work breakdown structure (WBS) in the Work Plan by adding work items such as sub-projects, milestones, tasks, and sub-tasks. As part of this step, you can define the project start and end date, duration, and dependencies. Project work should be aligned to the billing type set.
The project schedule consists of any elements in the WBS that exist below the project level in the hierarchy. These may include milestones and tasks, as well as effort, dates, and durations. The WBS can be displayed as a grid or as an Interactive Gantt view; this view also provides alternative project schedule views in the Gantt settings, such as critical path, baseline, or baseline versus actuals.
For more information:
|Determine durations and relationships||
Determine the dates and durations of work items and establish logical relationships between work items in the project schedule you defined in the previous step, such as establishing a successor or using Shortcuts to add inter-project dependencies to the plan.
As a best practice, update the Work (effort) or Duration column in the Work Plan for each work item, and have the system automatically calculate the work item start and due dates.
For more information:
Estimate the effort required to deliver the work at the project-level or for individual work items; define resource effort in the Work (effort) column using the Work Plan grid view. Use the Work Plan Resource Planning view to check resource availability and assign resources to projects.
For more information:
Create a Work Plan baseline to capture a snapshot of the project's schedule as it proceeds into execution.
This schedule baseline provides a record of the planned work tasks, milestones, dates, and durations to be monitored and compared to actual progress.
To view baseline values and variances, add them to Work Plan columns, or search for them in the project Property card. Baseline variances can also be viewed on the resource level in the Resource Planning view in the Work Plan.
View resource availability and assign resources to work items using the Work Plan Related Panel, or the Resource Planning view, where project managers can detail out resource assignments by day, week, or month. If multiple resources are assigned to a work item, by default effort is spread equally across the resources, but can be adjusted on an individual basis.
The project work load is automatically assigned to the project manager until it is assigned to a resource.
Change, Risk, and Issue Management Process Steps
Risks identify and track things that may happen, including their impact and likelihood, and require a response or mitigation plan to address them.
Create standalone risk case types in the Risks module. Add details to the Risk Properties card to describe and categorize the risks (e.g. risk rating), then associate the risks to one or more work items in the Add Related Panel.
For more information:
Issues identify and track things that are happening now that require an owner to take action.
In the Issues module, create and record the issues associated with the delivery of the work, including additional details to describe and categorize the issues.
|Convert to change||
Changes are alterations to a project's scope or expected deliverables. Changes can be the result of addressing a risk or an issue, or the result of changing needs from the customer or management.
In the Requests module, create requests then associate them to the delivery of a work item in the Request Properties card. Include additional details to describe and categorize the request.
Requests that capture changes to project scope, timeline, or budget can be converted into a change request once approved.
Requests that are used as an idea intake can be converted into a project request once approved–however, the most efficient method is to create a new project then mark its state as Requested. Managers can view all projects by type such as requested or approved.
|Transfer or move||
Convert a change, risk, or issue from one case type to another (for example, from a change to a risk) or move a change, risk, or issue from one project or work item to another as needed.
Risks, issues, and changes can be associated to projects or work items as well as converted to other case types in the Property card.
Close changes, risks, and issues when appropriate in a timely manner to help maintain a current overview of the factors affecting a project's progress. Establish automatic workflow rules to automate resolving a case once a work item is complete.
Use the following guidelines to close changes, risks, and issues:
Execution and Tracking Process Steps
Resources carry out the work that has been assigned to them.
|Capture data on the progress of work||
As work progresses, resources' actual time spent on work is tracked, and project managers update milestones and other dates as needed.
Resources' time can be captured the following ways:
|Review progress of work||
Track and monitor work progress using baselines to compare the current status with planned progress, or use Project Roadmaps and the interactive Gantt tool for planned versus actual, critical path, or other views of the Work Plan. Multiple baselines may be saved in Planview AdapativeWork.
For example, project managers can monitor the scheduled and actual dates and track the variance against initial expectations, such as an initial baseline, to obtain a full understanding of the project progress. Then, they can save the Work Plan as a new baseline to compare against a baseline taken at the start of the project. This helps project managers have a clear understanding of how a project is progressing in relation to the original baseline and identify where dates have slipped or been brought forward. Any variance from the original project baseline may have financial implications or require the proactive reassignment of resources in order to negate any negative impact on the project.
|Plan/re-plan remaining scheduled work||
Manage the schedule for the remaining scheduled work, adjusting dates and durations if necessary.
|Manage exceptions and report on project status and progress||
Ensure the project/work status and work details are correct and current, evaluating and reprioritizing any items that aren't going to plan.
Review and update the status of work in the Work Plan, and generate related status reports.
Professional Services Work Management Reports
There are a number of standard reports related to project management. These can be run with specific filters to see the desired outputs. For more information, see Project Manager Reports, Project Highlight Report, and the Period Project Report (PPR).
Additional reports and dashboards can be created by the administrator and shared with the organization and appropriate team members.
Professional Services Resource Management
This capability supports the viewing and managing of an entire resource pool, enabling the assignment of the right resources at the right time for more efficient and profitable project delivery across all engagements.Read more
Revenue and Cost Management
This capability supports the continuous monitoring of costs and revenue associated with professional services engagements, allowing project managers to track their margins against the original budget estimate and current revenue forecast.Read more
Services Portfolio Planning
This capability enables effective planning for service organizations through a flexible staffing and billing approach, so that the right resources are assigned to the right projects and delivery occurs on customer timelines.Read more