Top Performer Benefits of Effective Sales & Operations Planning
Business Benefits and Overall Corporate Impact of Effective Project Management
6
©p3m global group. All rights reserved pmpartners.co. The Benefits & Impact of Effective Project Management to Your Business
-
Upload
p3m-global -
Category
Business
-
view
943 -
download
1
description
Most of us are all too familiar with the benefits of effective project management. But when it comes to understanding what it can mean to things like our bottom line, our business impact, and profit & loss statements, do we truly know how crucial our projects really are? p3m global appreciates this, because we make it our business to embolden and enrich the capabilities of a project management team and its stakeholders. Learn the overall business benefits and impact effective project management can bring to your organisation.
Transcript of Business Benefits and Overall Corporate Impact of Effective Project Management
©p3m global group.All rights reserved
pmpartners.co.uk
The Benefits & Impact of Effective Project
Management to Your Business
©p3m global group.All rights reserved
pmpartners.co.uk
Gartner Statistics for 2009
TOTAL SPEND ON IT PROJECTS THAT FAILED – $63 BILLION
PROJECTS DEEMED SUCCESSFUL – ONLY 32%
PROJECTS DEEMED OUTRIGHT FAILURES – 1 IN 4
©p3m global group.All rights reserved
pmpartners.co.uk
Trends in Project Success Rates
Figure 2 Standish Chaos Report: 2004 – 2009. Copyright © 2010 by The Standish Group International, Inc.
©p3m global group.All rights reserved
pmpartners.co.uk
Benefits of Effective Project Management
1. Structured and consistent approach in managing and executing projects
2. Alignment with PM triple constraints and customer / stakeholder expectations
3. Delivering projects in line with Quality of Delivery, Cost / Budget, and Time.
4. Aligning projects to business strategy, justified business case, and buy in of stake holders
5. Better Efficiency in Delivering Services: 6. Improved / Increased / Enhanced Customer Satisfaction7. Alignment of Projects with company strategy and business objectives8. Enhanced Effectiveness in Delivering Services9. Improved Growth and Development Within your Project Management
Teams10. Greater Standing and Competitive Edge11. Opportunities to Expand your Services12. Stronger Flexibility13. Increased Risk Assessment14. Increased Quality15. Increased Quantity
©p3m global group.All rights reserved
pmpartners.co.uk
Impact of Effective Project Management
Customer Satisfaction
Scope / Functionality / Quality
Cost / Budget
Time / Schedule
ANet Revenue (consulting)DCOS (delivery of projects)ICOS (outsourcing)Gross MarginG&AOPEX (outsourcing vs. fixed PM heads)CAPEX (Amortisation)EBIT
Profit & Loss Statement
Balance Sheet
Effective Project Management has direct impact
on P&L and Balance Sheet (CAPEX)
©p3m global group.All rights reserved
pmpartners.co.uk
UK Headquarters 1st Floor, St. George’s ChambersSt. George’s StreetWinchesterHampshireSO23 8AJ
01962 676 [email protected]
German Office MunichGermanyStury Str. 280803
+49 89 33038598 [email protected]
m
Australian Office Level 39, Citigroup Centre2 Park StreetSydneyNSW 2000
+61 (2) 1300 701 314
Saudi Arabian Office Hayaat CentreImam Saud StreetB.O. Box 67939Riyadh 11517
+966 1 200 6306
thank you
