Why Project Management is important:
The success of a project, after careful planning and hard work, can hinge on the right project management. All projects have many unique elements. Project management is vital to keep implementation projects on time, on budget, in scope, and focused on the right pieces of your project at the right time. Project Management also helps to create standards, measurements, and governance for the entire company – regardless of the project.
How KnowledgePath will help:
Our professional project management provides the comprehensive coordination required to manage change and implement projects on time, within budget, and to specifications. Our experience and extensive knowledge comes from a background of working with projects that have been successful, with mitigated risk, without cost and time overages. We offer a full suite of services to initiate, plan, implement, and close transformation and modernization projects of all scales and sizes throughout their entire life-cycle.
This enables you to focus on core business operations while we ensure the work delivered meets business requirements, is integrated into your organization, and provides value.
What is Project Management versus Portfolio Management?
The difference is determined by the scope of your needs. We can help you with both.
- Project Management is the management of one project such as an ERP replacement or modernization. It ensures the project is moving forward on time, on budget, and with minimal interruption to day to day activities of both the company and its key stakeholders. Well defined parameters and specific goals for that project and key elements.
- Portfolio Management is simply the management of a portfolio of projects. Quality Assurance Programs (QAP), risk and issue management, vendor management, and adoption programs are often important elements within the portfolio.