What are the success factors for project management?

Projects, Programs and Portfolio Management can be used to shape your business. The three P’s can deliver added-value to your business by applying the right methodology.

Project management is a growing field applied by businesses of all sizes. As entrepreneurs and company executives deal with the daily responsibilities of managing an organization, it is important to use dedicated project managers to oversee projects from conception to completion. Understanding effective project management techniques helps organizations carry out large-scale projects on time, on budget and with minimal disruption to the rest of the business.

Getting your team organized around a project is often easier said than done. Fortunately, following a project management methodology can help you organize your project into a structured, streamlined process. It makes team collaboration more efficient and projects become better organized. Project management experts agree that most projects benefit when a recognized methodology is followed.

Project management methodology helps managers through every stage of a project. It supports the project manager to plan, initiate, implement and close the project. Quality gates embedded in the methodology helps organizations to guarantee better quality deliverables.

Different projects benefit from different methodologies. Not every style of project management will work for every assignment. In order to recognize which method will work best for your project, you need to be familiar with these common project methodologies and their differences.

Business programs group several projects together, contributing to a common business objective. Management of change is crucial to realize the ultimate business benefits.

Portfolio management helps directors to select the right projects/programs in order to achieve the business goals of the company.

Xedis can assist your organization with various services in the Project/Program and Portfolio Management domain. We have the resources with the right competences and skills to make projects and programs successful. Xedis advices on the set-up of Project/Program offices, delivers the capabilities or can run a PMO/PSO as a service.

We have a clear vision on the three P’s that allows us to always keep focus on the ultimate goals and return for your organization. Contact us for more information or an offering.