ADRWA
Our Goal is to help you reach yours…
On Time, and Sucessfully through effective Project Management!
A project is a temporary endeavor, having a defined beginning and end (usually constrained by date, but can be by funding or deliverables), undertaken to meet particular goals and objectives, usually to bring about beneficial change or added value. The temporary nature of projects stands in contrast to business as usual (or operations), which are repetitive, permanent or semi-permanent functional work to produce products or services. In practice, the management of these two systems is often found to be quite different, and as such requires the development of distinct technical skills and the adoption of separate management.
The primary challenge of project management is to achieve all of the project goals and objectives while honoring the preconceived project constraints. Typical constraints are scope, time, and budget. The secondary—and more ambitious—challenge is to optimize the allocation and integration of inputs necessary to meet pre-defined objectives.
The Project Management Office (PMO) in a business or professional enterprise is the department or group that defines and maintains the standards of process, generally related to project management, for or within an organization. The PMO strives to standardize and introduce economies of repetition in the execution of projects. The PMO is the source of documentation, guidance and metrics on the practice of project management and execution.
A good PMO will base project management principles on accepted, industry standard methodologies such as PMBOK. Organizations around the globe are defining, borrowing and collecting best practices in process and project management and are increasingly assigning the PMO to exert overall influence and evolution of thought to continual organizational improvement.
90% of projects do not meet time/cost/quality targets. Only 9% of large, 16% of medium and 28% of small company projects were completed on time, within budget and delivered measurable business and stakeholder benefits. [Standish Group Chaos Report, 1995]
There are many reasons for such failures. As per a KPMG survey of 252 organizations, technology is not the most critical factor. Inadequate project management implementation constitutes 32% of project failures, lack of communication constitutes 20% and unfamiliarity with scope and complexity constitutes 17%. Accordingly, an amazing 69% of project failures are due to lack and/or improper implementation of project management methodologies.
According to website CIO.com establishing a PMO group is not a short term strategy to lower costs. Surveys with companies indicate that the longer they have an operating PMO group the better the results achieved to accomplish project goals (which might lead to lowering costs). PMO tasks includes following up project until completion, and reporting to the top management.
A PMO can be one of three types from an organizational exposure perspective: enterprise PMO, organizational (departmental) PMO, or special–purpose PMO. The Project Management Institute (PMI) Program Management Office Significant Interest Working Group (PMOSIG), views the PMO as a strategic driver for organizational excellence and seeks to enhance the practices of execution management, organizational governance, and strategic change leadership. As the largest community devoted to the PMO, with over 4,000 members globally, the PMOSIG is the central forum to collaborate, expand the knowledge base, and mature the PMO practice within their own organizations and the business community at large.
(http://en.wikipedia.org/wiki/Project_management_office)
The PMP® credential recognizes demonstrated knowledge and skill in leading and directing project teams and in delivering project results within the constraints of schedule, budget and resources.
(http://www.pmi.org/CareerDevelopment/Pages/AboutCredentialsPMP.aspx)
PMI Certifications Maintain ISO Accreditation
PMI’s certification program maintains an ISO 9001 accreditation in quality management systems. ISO 9001 is an international standard that validates compliance with quality management processes and performance metrics. Maintenance of the certification reaffirms PMI’s commitment to optimal customer service and to the quality and integrity of its professional credentials.
The PMP credential process also maintains ISO 17024 accreditation. This distinction benefits PMP credential holders in several ways:
(http://www.pmi.org/CareerDevelopment/Pages/Certification-and-the-Job-Mar...)
