Project Management
We help clients manage their projects and programs more effectively so that they are completed on time, as per specifications and within the Budget.
We help clients manage their projects and programs more effectively so that they are completed on time, as per specifications and within the Budget. Through Project Management we lead teams to achieve a predefined goals or outcomes within constraints of time, scope, cost, quality and resources; and using a set of proven methodologies and tools. Our Project Management Services entail the following:
Feasibility Study
Project Planning & Scoping
Project Costing & Scheduling
Project Stakeholder Management
Project Risk Management
Project Monitoring & Controlling
Project Procurement Management
Project Communication Management
Project Resource Management
Project Documentation & Reporting
Feasibility Study
Through a feasibility study, we help you determine chances of success of any of your proposed project. Basically, we conduct a thorough analysis of a project proposal that considers all elements essential to help you:
• Confirm market opportunities before committing to a project
• Narrow your business alternatives
• Create documentation about the benefits and detriments of your proposed initiative
• Provide more information before making a go/no go decision
Our assessment cover technical, financial, legal, market, operational, and scheduling feasibility of a project.
Project Planning & Scoping
Project Planning & Scoping
Project planning phase is often the most challenging phase for a project manager, as you need to make an educated guess about the staff, resources, and equipment needed to complete your project. It outlines the steps and resources necessary to achieve the project's objectives, including identifying the project's scope, establishing a timeline, assigning tasks and resources, and budgeting for the project.
The basic processes of project planning are:
• Scope planning – specifying the in-scope requirements for the project to facilitate creating the work breakdown structure
• Preparation of the work breakdown structure – spelling out the breakdown of the project into tasks and sub-tasks
• Project schedule development – listing the entire schedule of the activities and detailing their sequence of implementation
• Resource planning – indicating who will do what work, at which time, and if any special skills are needed to accomplish the project tasks
• Budget planning – specifying the budgeted cost to be incurred at the completion of the project
• Procurement planning – focusing on vendors outside your company and subcontracting
• Risk management – planning for possible risks and considering optional contingency plans and mitigation strategies
• Quality planning – assessing quality criteria to be used for the project
• Communication planning – designing the communication strategy with all project stakeholders
Project Costing & Scheduling
A project is considered successful when it is delivered on time and within budget. Project cost and project schedule are the two main critical and uncertain aspects of the project lifecycle. Forecasting cost and schedule both are quite challenging. Project managers play a vital role in the completion of the project with respect to all the processes of project management aligned with Schedule, Cost, Scope, Quality, Resources, Risks, Changes, Stakeholders by:
• Keeping projects on track
• Setting time frame
• Assigning resources and allocating time
• Monitoring and controlling cost
• Reduce errors
• Conflict Management
• Reducing errors
• Keeping a record of all the project activities
Successful completion of the project highly depends on effective and efficient Project Schedule and Cost Control. Project Managers hold the responsibility of deciding the resources and getting the project task done within the allocated budget and time.
Project Stakeholder Management
This process entails managing the expectations and requirements of all internal and external stakeholders that are involved with a project. A stakeholder is an individual, group or organization that is impacted by the outcome of a business venture or project.
A stakeholder management plan usually includes the following:
A list of all your project stakeholders along with their basic information.
A stakeholder map or power interest matrix.
A stakeholder prioritization section.
A stakeholder communication plan.
A section describing the various stakeholder management strategies to be applied in different scenarios, such as conflict resolution or project states reporting techniques.
Project Risk Management
A risk is anything that could potentially impact your project’s timeline, performance or budget. Risks are potentialities and a project management context, if they become realities, they then become classified as issues that must be addressed with a risk response plan. So risk management, then, is the process of identifying, categorizing, prioritizing and planning for risks before they become issues.
By developing and sticking to the project risk management plan, you are getting benefits such as:
• Assists you in avoiding major disasters.
• Increases your revenue by lowering your costs
• Ensures successful project completion
• Gives you a competitive advantage
• Increases a sense of accountability and responsibility
• Assists you in discovering new possibilities
Project Monitoring & Controlling
During this phase, organizations need to juggle several responsibilities, including:
• Keeping to the schedule
• Staying within budget
• Avoiding scope creep
• Managing risk