Insights

Insights | 02 October 2009

Business strategy execution depends upon developing and implementing the best solution. Sustainable success relies upon each solution being based on precise, valid and complete requirements to fully address the issue or opportunity. According to the Standish Group, poor requirements definition is one of the leading causes of project failure. The top 3 project management ...

Insights | 02 October 2009

While there is a strong link between programs and projects, it is important to understand the differences in order to correctly identify program management. Program management is strategic in nature and often deals with ‘the unknown’. It is highly cross-functional and integrates individual elements of related projects in order to achieve a broader business value. A ...

Insights | 02 October 2009

The first project management office (PMO) is understood to have been established in the early 1980s by the US Army. They leveraged the concept of ‘the war room’ to oversee major programs and operations. During the 1990s, events such as the Y2K threat created a growing need for PMOs, and although many PMOs exist today, it is important to recognise the following: The ...

Insights | 02 October 2009

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 – making things happen ...

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