Publication: T&D
Publication Date: 01-FEB-04
Delivery: Immediate Online Access
Author: Massue, Mireille
Article Excerpt
The Need
A recent "Chaos Report," published by industry analyst Standish Group, estimates that one-third of projects can be deemed "a pass"; two-thirds are either "challenged" or "outright failures," Two years ago, Bornbardier of Canada wasn't a believer in project management offices. It soon changed its mind when two large projects, worth US$100 million and $30 million, ran over budget by nearly 100 percent.
Planning enables you to decrease stress and increase confidence by giving you the flexibility and maneuverability to
* mobilize and energize the commitment and energy of your customer base, team members, executives, and stakeholders to work towards a common objective
* achieve a higher standard of excellence by delivering results on time and within budget
* tolerate uncertainty by allowing more risks and seeking more opportunities
* gain credibility by communicating strategy through purpose, understanding,...
NOTE: All illustrations and photos have been removed from this article.
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