The Project Strategy Consulting Group offers our expertise in determining what has transpired with your failing or troubled projects and programs. We will not only ascertain what the root causes are, we will also help shape a remediation plan that brings the project back to the proper state and help ensure that long-term health is maintained.
More mature organizations frequently leverage an independent view of a project or a program even before it is launched. This unbiased, external perspective can serve any number of important services, including:
- Validation that the assumptions that went into the creation of the business case are appropriate, the solutions determination is correctly aligned with strategy, and business benefits to be achieved are realistic
- Verification that the requisite initiation and planning details have been properly considered and addressed
- Auditing of the financials, resources, and performance control mechanisms
It’s frequently easier for a credible external third party consultant to ascertain what is transpiring within an organization because they are both impartial and unbiased. Our experts are trained in the latest industry best practices associated with helping perform analysis and remediation without judgment or undue invasiveness. Further, PSCG will address the challenge with the sense of urgency your organization has for resolving the underlying problems and receiving the necessary approvals to proceed as soon as possible. We can help you get back on track and move forward more quickly, and with a minimal amount of interference.
A recent Economist research effort showed that 20 percent of senior executives surveyed reported that over half of their IT projects started in the past two years were late or over budget. Only 13 percent of those executives felt that the projects had delivered their promised features and functions. Project failures were reported under a separate KMPG report for at least 59% of APAC organizations with an annual cost of nearly USD$9M; EMEA and the Americas were similar with 56% reporting nearly USD$12M per project failure. The Standish Group’s recently-released report, CHAOS Summary 2009, shows a marked decrease in project success rates, with only 32% of all projects succeeding which are delivered on time, on budget, and with the required features and functions. Our services help you avoid these problems by early identification and remediation of project and/or program challenges.