Thursday, 29 March 2012

Early Problem Detection

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In the field of project management, it is a well established fact that early problem detection is a crucial aspect of effective project management. The benefits of early problem detection for a business include a reduction of rework and sunk costs; the later into the project in which problems are discovered, the more costly and time consuming the problems will be to fix.  An effectively implemented Project Management Office can have a very large impact on the overall project success, with some of the key services of having PMO certification including assessment and reporting, health checks and project assurance – this constant process of review and optimization of risks and gaps, meaning that problems can be discovered and dealt with as early as possible.

In the past 2 years, surveyed businesses using PMO services revealed a 51% improvement in early problem management, a clear indicator of how effective use of the services provided by PMO’s can benefit project management and overall business.

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