1. Executive Management Support The importance of obtaining executive management support for business critical projects cannot be underestimated as the executive sponsor is ultimately responsible for the outcome of the project. In a recent examination of successful projects by the Standish Group “Chaos Manifesto 2012 – The Year of the Executive Sponsor”, it was identified

We all know that the key to project management making a positive impact on our business lies in the adherence to two basic principles: Doing the right project (portfolio management) and doing the project right (project management). Yet often major corporates comply with both of these tenets and still deliver a white elephant. Consider this diagram

Project management is the application of knowledge, skills, tools and techniques to a broad range of activities to achieve a project’s desired results. A project is a specific temporary endeavour undertaken to achieve a particular aim. The Latin word ‘projectum’ means ‘to throw something forward’ and that is what project management is all about –