Implementing Project Management As Part Of A Corporate Cost Reduction Program
Source: PM World Today
The Chief Executive is now the champion for driving the project management practices within the organization. Implementation of project management is more than delivering project on time and under budget, it is the major tool for achieving sustainable cost savings in the Corporation. Most organizations implement Project Management with a simple objective, to deliver quality deliverables on time, under budget, with limited resources. Despite statistics indicating the rate of failures in project engagement year after year, organizations continue to put faith in project management because its knowledge base is comprehensive to ensure project engagements can achieve their objectives if applied properly.