The Missing Link in Project Driven Organizations

  Organizational Project Management   Stakeholder Management   Work Breakdown Structures (WBS)   Knowledge Shelf  

Whether  your organization delivers projects for profit or invests capital to meet its strategic goals, you need to understand the financial health of the project from concept to closeout.

What happens after contract award or the go-no go decision on a major capital investment? How do you know if the project cost, schedule, and scope are on track? How does the impact get rolled into the profit and loss statement (P+L)? Do the Finance Department and the Operations Department have the same view of the project, and does the executive team have full transparency?

Today, more firms than ever are involved in project delivery. Whether it’s their core service or an investment in the business, all organizations run projects. Architecture, engineering, construction, and program management firms deliver construction projects for their livelihood. IT firms deliver technology infrastructure as their core business. Firms engaged in major capital programs span the gamut:

• Pharmaceuticals constantly expand their process facilities and labs, and invest in R&D programs
• Universities build out their campuses, add facilities and technology
• Financial service firms invest in office buildings and data centers
• Real estate developers create their own revenue-generating facilities
• Healthcare providers expand and upgrade their physical and …

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