Download PMW_0009_Importance_of_Project_Sponsor.mp3(24.9MB)
In many organizations, more often than not, project sponsors play a critical role in either derailing or keeping a project on track . Effectively understanding your sponsor’s objectives will increase a project’s positive outcome. In contrast, heading into a project blind to a sponsor’s goals, or even worse, heading into a project with no sponsor, can kill the successful execution of a project plan. Often organizations fail to realize that the projects sponsor and project manager play equal roles in a project’s outcome. Consequently, even with the best project manager in place many projects are doomed to fail.
In this episode we will be examining how having the right project sponsor can be the difference between success and failure in ERP projects. Our show is divided into 2 segments.
In part 1, we will be talking to industry insider, Randy Banks, who is a Chartered Accountant and a Certified Project Management Professional with over 20 years of business experience. Today Randy will be sharing his experiences in rescuing troubled projects.
In Part 2, the technology corner, I sit down with David Stover, the Chief Financial Officer of Asahi Kasei Spandex America Inc. - a subsidiary of Asahi Kasei Group of Japan - to discuss its switch from SAP to Netsuite for its enterprise resource planning system. This case study demonstrates how the right sponsor, here the CFO, successfully led his organization to choose and implement the right ERP solution.
Music Notes
1. The opening of the episode – “Salty” by Last Page
2. Interview with industry insider – “Troubles” by paul sevy blues band
3. Technology Corner – “spandex_reloaded” by Oberhofer
4. The closing of the episode – “Montreal bound” by harpman64
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