Freedom from the restrictions of traditional project management is here, and businesses are using it to reduce inefficiencies and improve collaboration. Credit: Broadcom Normally, we’d all prefer to have options rather than being limited to either-or scenarios. But most teams are still stuck with binary choices, as they determine how to manage their work. For the most part, work is processed in one of two ways: Registered work follows a formal process, including how plans get authorized, how baselines are established, how approvals are given, and how progress is tracked and reported on. Unregistered work doesn’t follow any prescribed process — people just focus on “getting stuff done.” Teams use spreadsheets, post-it notes, or manual task-management tools. The problem? While registered work fits well with large-scale initiatives, it’s often overkill. An inordinate amount of administrative effort needs to be applied to registered work, even small-scale projects. Sometimes, the work associated with tracking and managing projects can be greater than the actual work itself. As a result, the vast majority of projects isn’t registered. Generally, only around 25% of work in any organization is registered. That means 75% of investments aren’t being centrally governed. However, even for smaller projects, having some visibility can be important. Collaborators and managers may be interested in gaining an understanding of progress and how efforts are tracking toward completion. Simply winging it or building one-off spreadsheets for each project means no central tracking, disjointed efforts, and a number of other potential inefficiencies. Introducing collaborative work management The good news is that there is an alternative to the either-or dilemma. It’s known as collaborative work management. It helps organizations with completing key activities that require a broader effort. Teams simply create, share and automate to-do lists as initiatives grow.Collaborative work management is a simple, organic approach. To get started, a person simply creates a list of tasks that need to be completed as part of their work. As work progresses, the list can be expanded, revised, and refined. Further, the list can seamlessly be shared with others, whether they’re on the same team, in another department, or at another company. With collaborative work management, teams get great visibility. They can track work that needs to be done, who’s contributing, completion status, and more. Business benefits include: Get greater certainty about business outcomes by spotting and mitigating issues early in the cycle. Save time and resources with a smarter way of working. Boost morale, engagement, satisfaction, and productivity among all stakeholders. Conclusion Within most enterprises today, getting great ideas off the ground is hard. Collaborative work management offers a way to address that issue. Teams manage efforts more collaboratively — without having to incur the overhead of a full-blown registered initiative. To learn more about collaborative work management from Broadcom, check out Clarity. Explore ValueOps Value Stream Management, built to manage what you value most. Related content brandpost Sponsored by Broadcom People-centric planning: Fund people, not work By using people-centric planning, you can support funding strategies with current business goals and technological realities. By Brian Nathanson, Head of Product Management, Clarity by Broadcom Apr 16, 2024 5 mins Infrastructure Management IT Leadership brandpost Sponsored by Broadcom Meet digital transformation experts making waves with Value Stream Management Experts explain how value stream management delivers the right mix of visibility, alignment, and efficiency to your digital transformation journey. Learn more today. By Marla Schimke, Head of Product and Growth Marketing, Broadcom's ValueOps Software Division Mar 26, 2024 4 mins Digital Transformation brandpost Sponsored by Broadcom Trust: The foundation for successful digital transformation Value Stream Management (VSM) is a powerful methodology, representing a robust strategy to actualize digital operating models. By Laureen Knudsen, Chief Transformation Officer, Agile Operations Division, Broadcom Jan 30, 2024 4 mins Digital Transformation brandpost Sponsored by Broadcom Top 5 industry trends in strategic portfolio planning for 2024 These five developments in project and portfolio management (PPM) and strategic portfolio management (SPM) are poised for big impact in 2024. By Brian Nathanson, Head of Clarity Product Management, Broadcom Jan 25, 2024 4 mins Digital Transformation PODCASTS VIDEOS RESOURCES EVENTS SUBSCRIBE TO OUR NEWSLETTER From our editors straight to your inbox Get started by entering your email address below. Please enter a valid email address Subscribe