Intelligent Project Management: Adopting a 'Program Mindset'

  Business Intelligence   Cost Management   Estimating   Governance   Portfolio Management   Risk Management   Strategy   Knowledge Shelf  

Intorduction
We have experienced a paradigm shift in the way global organizations deliver and manage their property assets.

Senior management aims to create maximum value for their capital investment with greater predictability and savings. Real estate teams are, therefore, seeking better control over where and how capital is spent and evaluating how that spending supports overall business goals.

While this shift creates a real opportunity to improve how property portfolios are managed, it also requires major changes in the way capital spending is planned and delivered. What are the key factors that have enabled real estate teams to respond positively to these challenges? More importantly, can the lessons learned by global companies responsible for billion-dollar, multinational real estate programs be applied by property directors and capital project planners at a local level to help drive reduced risks and better outcomes for their capital investment programs?

In this article, we explore how organizations are responding to these challenges and how the lessons they have learned can be applied to drive consistency, provide greater visibility of performance, reduce costs, and deliver substantial improvement across project and program platforms.

Program Approach
Traditionally, organizations have planned and delivered projects at a local level and on an individual …

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