Project Management

Research by the Standish Group in the USA in 1995 on the performance of software development projects showed that a staggering 31% of projects will be cancelled before they even started and around 52% of projects will cost 189% of their initial estimates. Furthermore they found that the average time overrun is 222% of their original time estimates.

There is a raft of possible factors that may lead to projects to fail, of which the top-5 are:

· Incomplete Requirements

· Lack of user involvement

· Lack of resources

· Unrealistic expectations

· Lack of executive support

There are no reasons to assume that these staggering figures will be different for other parts of the world.

With the abovementioned in mind and the recognition by an increasing number of businesses that the ability to complete projects successfully will significantly contribute to improving business results, it becomes imperative that it is important to have projects managed by experienced professionals.

If you want your projects to succeed and avoid problems as found by the Standish research you may want to consider hiring an external project management professional. To help you make a decision on whether Advalue Management Services may be the right partner to provide such professional services, hereby a brief overview of what we can offer:

· PMI and/or PRINCE2 certified project managers with a wealth of experience (seen that, done that);

· Using proven best project management practices and methodologies;

· Keeping up to date with best practices (today’s best practice may be tomorrow’s worst practice under fast changing business environments);

· Experienced in Software Development, IT Infrastructure, Technology and Building Projects;

· Focus on delivery by means of active stakeholder management, team management and product development;

· Track record of successful projects in various industries.

There is not always the need for a full time project manager from initiation to completion of the project. In some cases there may only be a need for a fulltime project manager in the planning phase, and for a part time manager in the other phases. To give you an idea on how we can add value to your business:

· Assistance with setting up a project and/or drafting project plans;

· Provide training to Project Leaders and Team Members;

· Fulltime or part time day-to-day project management;

· Provide project management templates;

· Audit previous projects and advise on project management improvements;

· Risk assessment and advise on risk mitigation;

· Oversee your project and provide general directions.

Feel free to contact us without any obligations to find out if and how we can meet any of your project management needs.

If you want to know more about the Standish research and the Standish Chaos Report, click here.

Project Management

Project

Temporary endeavour undertaken to create an unique product, service or result