Latest from Columnist

Photo 111717978 © Sarawut Nirothon |
Photo 280787037 © Dzmitry Dzemidovich |
Dreamstime L 280787037
Photo 186133805 © Auremar |
Dreamstime L 186133805
Chief 0222 1920x920

Turn Chief Project Officer Into Chief Profit Officer

Feb. 1, 2022
Prevent your projects from being a shipwreck. Qualified professionals who can deliver consistent results, run a tight ship with a “just enough” proven project management approach […]

Many project managers understand how to be effective, but the real value is taking that effectiveness to the bottom line. After all, isn’t that where everyone in your organization is looking?

The journey from Chief Project Officer to Chief Profit Officer isn’t a daunting one. Let’s look at a couple of key steps:

  • Determine what bottom-line improvements mean to your business.
  • Decide what to measure.


Here are a few questions to ask your team when looking at what will impact your bottom line.

  • How do we get new products to market faster?
  • How do we get internal projects done faster and at lower cost?
  • How do we work more effectively together so we have a more productive working environment?
  • How do I anticipate and manage risks that arise?
  • How do we stay on track to meet strategic objectives?
  • How do I manage changes that happen as I pursue my goals?
  • Do we understand the needs of our customers so that we’re delivering the right projects to the marketplace?


In my company, we have a philosophy: What gets measured gets done. Every member of the company is responsible for doing on major project per quarter that is tied to the overall company strategic goals. The distance between a project and the bottom line is much shorter when that project is supporting a strategic initiative.

At the end of the quarter, each staff member has a Project Management Scorecard completed by all the parties involved with their project. They use the results of their PM Scorecard report to identify where they need to improve their Project Management skills for their next quarter’s project. This approach lets us see where we need to get more Project Management training overall as a company, and how to adjust our business systems so people can be more successful.

It also lets us see who does good Project Management, and who has the drive to bring our company to the next level. The results of people’s projects and their Project Management Scorecards are the guideposts we use to upgrade the company, and to promote and reward the staff.


We won several large contracts over the past year because we were able to deliver on a new training product the customer wanted in less time than our competitors.

We dropped the development time for our e-business system upgrades by over two-thirds from a year ago.

Our staff now clearly understand how their day-to-day actions impact the long-term growth of the business.  They can see how they are connected to the bottom line through their Project Management performance.


Look at the bottom-line boosters in your organization. Ask yourself which ones support your company’s strategic initiatives. Focus on what you can measure, and finally look at how you can connect your team to the bottom line in a meaningful way. People like purpose. When they see how they can impact the big picture, all they need is a paintbrush.


Are there projects in your life that are dragging you down? The downer projects might be impacting your bottom line more than you realize. Figure out if they’re really worth it.

This article contains excerpts from my book Cheetah Know How: How to Apply Project Management Skills Fast by Michelle LaBrosse, PMP, and Carey Earle.

Read my monthly column here in ISE magazine at

To read my business-oriented blogs, please visit Cheetah Learning Blog at, and

About the Author

Michelle LaBrosse

Michelle LaBrosse, CCPM, PMP, PMI-ACP, RYT, is an entrepreneurial powerhouse with a penchant for making success easy, fun, and fast She is the founder of Cheetah Learning, the author of the Cheetah Success Series, and a prolific blogger whose mission is to bring Project Management (PM) to the masses. Cheetah Learning is a virtual company with 100 employees, contractors, and licensees worldwide. To date, more than 50,000 people have become "Cheetahs" using Cheetah Learning’s innovative PM and accelerated learning techniques. Michelle also developed the Cheetah Certified Project Manager (CCPM) program based on Myers-Briggs Type Indicator personality profiling to help students master how to use their unique strengths for learning, doing projects, and negotiating. Michelle is recognized by the Project Management Institute as one of the 25 Most Influential Women in Project Management in the world. For more information, visit To read my business-oriented blogs, please visit Cheetah Learning Blog at,, and read my columns here in ISE magazine at