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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