An EAM navigator - Building blocks of successful EAM
9 important questions on An EAM navigator - Building blocks of successful EAM
What is the EAM navigator?
What are the building blocks of the EAM navigator?
- EAM agenda for the CxO
- EAM governance and organisation
- Embedding EAM into strategic planning
- Embedding EAM into project life cycle
- Embedding EAM into operations and monitoring
- EA frameworks, modelling and tools
- People, adoption and introduction of EAM
Explain the building block 'EAM agenda for the CxO'
- What: EAM objectives are always enterprise-specific
- Why important: Senior executives are crucial sponsors and must invest time, money and resources in EAM. CxO's give objectives and 'what gets measured gets done'
- How related other blocks: this block is precondition for others, EAM is best initiated top-down, closely linked to EAM governance and organisation
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Explain the building block 'EAM governance and organisation'
- What: it deals with the manner in which EAM is institutionalised in an organisation, whereas decision rights are crucial
- Why important: EAM is about decision-making in the interest of the organisation as a whole
- How related to other blocks: it is a precondition for strategic planning and implementation processes
Explain the building block 'Embedding EAM into strategic planning'
- What: strategic initiatives almost always affect the EA
- Why important: strategic planning prevents a chaotic and arbitrary EA development
- How related to other blocks: it precedes the project life cycle and has a secondary relationship with operation and monitoring
Explain the building block 'Embedding EAM into the project life cycle'
- What: projects are the instrument for implementing EA change
- Why important: projects almost always influence the EA in unintended ways
- How related to other blocks: strategic planning preceedes this block and operation and monitoring is beyond this block
Explain the building block 'Embedding EAM into operations and monitoring
- What: small changes have risks too; KPI's control EA development
- Why important: uncontrolled changes may jeopardise your EA
- How related to other blocks: it delivers valuable information for strategic EA planning and implementation
Explain the building block 'EA frameworks, modelling and tools'
- What: a large body of EA frameworks, modelling techniques and tools available today
- Why important: accelerate your project and reduce risk of failure
- How related to other blocks: it plays an important role in all processes, thus, close related to strategic planning, project life cycle and operations and monitoring
Explain the building block 'People, adoption and introduction of EAM'
- What: don't underestimate the EAM social dimension; influence of soft factors on hard methodologies
- Why important: enemies of EAM are individual interests, fear of transparancy and habits
- How related to other blocks: it plays a role in all navigator's building blocks
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