The following types of benefits can be achieved with proper implementation and use of the ProjectPRISM™ Project Management Methodology in the organization.
A Standard Approach to the Practice of Project Management
n Use of consistent, repeatable processes and documentation
n Reduced need to "reinvent" project management tools and techniques
n Access to shared project management history, experience & best practices
n Ensured accomplishment of critical project management activities
n A common frame of reference for project team members
n A common understanding of project responsibilities across the organization
An Effective Business Communication and Reporting Mechanism
n Establishes standard project management terminology in the organization
n Enables consistent information processing across all projects and programs
n Facilitates roll-up (aggregation) of project reporting to the executive level
n Promotes effective project team interactions and customer relationships
A State-of-the-Art Project Management Capability
n Increased customer satisfaction
n Conformance to customer requirements and project objectives
n Ability to achieve planned project schedules
n Effective project cost control
n Shortened development and implementation cycles
n More predictable project (and business) performance
n Increased profitability, and reduced project costs
n Improved resource planning, allocation, and management
n Use of tools that provide a competitive business advantage
Enhanced Business Benefits
n Quicker realization of profit or payback on investment
n Earlier availability of products to market (or for internal use)
n Clearer business case evaluation and ongoing business case validation
n More effective, more knowledgeable business decisions
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