How to build a project controls environment that strikes the right chord

who we are and what we do Tom Elvin Susannah Clarke Dave Hurren People Process Product Alliance Project Controls PMI – Process Management International RPCuk

question What people, process and product challenges have you faced during the delivery of a project, programme or portfolio? APM state, “Only 6% of projects are delivered on time and budget to the original scope or baseline.”

approach

value of project controls APM state: 46% of organisations admit to not fully understanding the value of project management Statistics show organisations who choose to implement project controls successfully: Work within the project budget 40% of the time, compared to 30% when no controls are deployed Stay on schedule 28% of the time, compared to 21% when no controls are deployed Meet project scope 71% of the time, compared to 61% when no controls are deployed 80% of “high performing” projects (defined as consistently achieving 95% forecast accuracy against cost, resource and schedule) are lead by a certified Project Manager and Project Controls professional.

recommendations Work with your stakeholder and customer to establish and communicate clear project goals Understand where your people are with regards to their readiness to change Develop processes for project controls to reduce and mitigate project and programme risks Simplify systems and standardise information Develop meaningful performance measures Continually review project performance and not just project progress Develop lessons learned and apply them for continuous improvement.

benefits Improved Governance Implementation of an End to End process Competency levels increase Confidence levels increase Efficiency / profit levels increase Become a “Project Management Driven” organisation Predictability increases significantly / No shocks !!!

holy grail

questions