project management
The Value of Project Management
Looking for a way to stay ahead of the pack in today’s competitive and chaotic global economy, companies are turning to project management to consistently deliver business results.
Disciplined project management starts at the portfolio level, where the strategic vision drives initial investments and where value measures are established. A fully aligned project, program and portfolio management strategy encompasses the entire organization, dictating project execution at every level and aiming to deliver value at each step along the way.
Project management is, in fact, shorthand for project, program and portfolio management. And more companies are clearly seeing the payoff from investing time, money and resources to build organizational project management expertise: lower costs, greater efficiencies, improved customer and stakeholder satisfaction, and greater competitive advantage. organization-wide commitment to project management leads to better results and long-term business value.
“The delivery of business outcomes is realized through the success of projects, and in essence that is the way that project management strategies drive organizational success,” says
Adrian McKnight, PMP, program director at Suncorp-Metway Ltd., a financial services firm in Brisbane,
Queensland, Australia.
A survey by consulting giant
McKinsey & Co. found that nearly 60 percent of senior executives said building a strong project management discipline is a top-three priority for their companies ii as they look to the future.
Why Project Management
Matters
An Economist Intelligence report showed that 80 percent of global executives believed having project management as a core competency helped them remain competitive i during the recession.
Leading organizations across sectors and geographic borders have been steadily embracing project management as a way to control spending and improve
Looking for a way to stay ahead of the pack in today’s competitive and chaotic global economy, companies are turning to project management to consistently deliver business results.
Disciplined project management starts at the portfolio level, where the strategic vision drives initial investments and where value measures are established. A fully aligned project, program and portfolio management strategy encompasses the entire organization, dictating project execution at every level and aiming to deliver value at each step along the way.
Project management is, in fact, shorthand for project, program and portfolio management. And more companies are clearly seeing the payoff from investing time, money and resources to build organizational project management expertise: lower costs, greater efficiencies, improved customer and stakeholder satisfaction, and greater competitive advantage. organization-wide commitment to project management leads to better results and long-term business value.
“The delivery of business outcomes is realized through the success of projects, and in essence that is the way that project management strategies drive organizational success,” says
Adrian McKnight, PMP, program director at Suncorp-Metway Ltd., a financial services firm in Brisbane,
Queensland, Australia.
A survey by consulting giant
McKinsey & Co. found that nearly 60 percent of senior executives said building a strong project management discipline is a top-three priority for their companies ii as they look to the future.
Why Project Management
Matters
An Economist Intelligence report showed that 80 percent of global executives believed having project management as a core competency helped them remain competitive i during the recession.
Leading organizations across sectors and geographic borders have been steadily embracing project management as a way to control spending and improve