Project Management
At Intervate, we believe that effective project management is a core requirement for successful project delivery.
By adopting the Intervate Project Management Methodology (IPMM) for your project, we will greatly improve the likelihood of delivering the project on time, within budget and to specification by using best practice Project Management processes.
It is well known that a large percentage of projects fail to deliver the benefits expected by the business. In fact, according to The Standish Group, more than 70% of projects fail to deliver on time, within budget and to specification. So why do so many projects fail to meet the customers' requirements? Poor sponsorship, lack of defined requirements, and miscommunication between the project team and stakeholders are some of the most common causes.
However, the most frequent cause of project failure is the lack of adoption of a Project Management Methodology. Without using a methodology from the outset:
Project teams start building deliverables without defining the project's scope and objectives
Project roles and responsibilities are unclear, and lines of communications are undefined
There are no quality targets set, so it's difficult to know when deliverables are really finished
The customer can never be certain of the project's progress or when it is likely to be complete
Project managers must attempt to manage change, risks, and issues ”on the fly.”
It is no surprise that many projects are cancelled before they even reach the planning stage of the project. A best practice Project Management Methodology provides structured processes at the outset for initiating, planning, executing, and closing projects. IPMM helps us define your project objectives, create comprehensive project plans, and establish the processes required to monitor and control your project effectively. By using this best practice methodology, we will:
Reduce time spent completing project deliverables
Decrease cost by saving time and effort to build deliverables
Minimize change, risks and issues by defining your project properly before we begin
Assure quality of deliverables, increasing your likely of meeting your requirements
Monitor and control the project more efficiently, especially during the Execution phase
Manage suppliers more effectively with comprehensive supplier contracts
Improve staff performance by clarifying roles, responsibilities and delivery expectations
Increase the likelihood of overall project success.
Best Practice
To ensure that the phases, activities and tasks defined in IPMM are best practice, we have aligned IPMM with the principles set out by the worldwide Project Management Institute (PMI®) as defined within "A Guide to the Project Management Body of Knowledge" (PMBOK® Guide). The PMBOK is the worldwide standard for best practice Project Management. See www.pmi.org for more information.
IPMM is also aligned with PRINCE2®, the European standard for project management.
A “best practice comparison” between IPMM, the PMBOK®, and PRINCE2® is available on request.