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Benefits of Using Formal PM

Improve Your Approach To Project Management

We have assisted many organisations improve how they manage internal and client based projects. Utilising formal project management tools and techniques can bring a number of benefits:

  • Clear information on the project commercial value or benefit.

  • Clear consistent approach to projects, from selection to closure.

  • Ability to identify, assess and control risks and issues.

  • Information on resource requirements across projects.

  • Ability to assess the impact of changes to projects.

  • Clear & consistent reporting on each project.

 

  • Do you know the true cost of your most recent completed projects and the resulting benefit or profit?

  • Do you have all the up-to-date information you need for your projects to enable informed decision making?

  • Are your Project Managers trained in project management tools and techniques or are they subject matter experts who manage projects?

In reality, many organisations "successfully" complete projects by a rather ad-hoc approach, usually ending up with a good deal of fire fighting as the project end date approaches. Not only does this increase the likelihood of failure in terms of time and quality, but it also can directly impact project costs. For those in a client based environment this can have dramatic impact on the profitability of projects.

Similarly do you find that you have insufficient accurate information when looking across your projects, for example; Do you know where resources should be prioritised? What resources will be required in the next period? What is the overall cost/saving/profit picture? How many more projects can you take on next period?

We have assisted many organisations improve their approach to project management and their project management maturity, from establishing a customised Project Management Methodology, to reviewing and improving existing Ways of Working. Establishing a consistent structured approach, or methodology, to the management of projects which is well communicated and trained out is important for all organisations.

Our approach is structured to ensure you gain maximum benefit as soon as possible so you can start gaining competitive advantage. We agree and document the approach to be taken, with full visibility of costs, so that you know exactly what to expect every step of the way.

 
 
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