The Ultimate Project Management solutions: Reasons why such a high number of projects fail?

JOHANNESBURG - July 3, 2015 - PRLog -- Project Management is not a new concept; in fact history shows that it dates back from the 1860s with the development of the Gantt chart. The work that we all do today is basically to enhance the current knowledge through streamlining of processes, and contributing to the body of knowledge. Project Management is a delicate field and if not handled with care has a potential to derail not only the project but also those executing it as well as those in the chain of command.

Most project management practitioners go through a rigorous training to acquire the knowledge and skill required to perfect project execution. With all that effort, this field is still dominated by a number of people whom have no idea of what project management is all about. This creates an environment where everyone has a say in what needs to be done and even how it should be done. In most cases, this is allowed to happen because the leaders in project management do not know what needs to be done. They choose to rather concentrate on managing their careers in companies through going with the flow and trying to satisfy everyone rather than focusing on solving the organizational problem. In the process, compromise the standing of the project management practitioners under his/her command.

Prioritization of projects pipeline is not properly conducted; instead whoever shouts the loudest in the organization gets his/her way in terms of which projects are to be executed. These people tend to dominate and even give solutions to project management practitioners even before proper feasibility studies are conducted. However when projects fail, project management practitioners are the first people to blame or even charged with Gross Negligence. In most cases, organizations will not go back to find out what the root cause of the failure was and will instead be calling for the sacking of the project management practitioner.  This unfortunately does not resolve the dilemma of project failures; instead it makes things even worse. www.easyprojecttemplates.com has taken time to conduct a study to establish why so many projects fail and came to the following conclusion:

·         Most organizations are not set-up properly for project management

·         They lack the leadership know how

·         Everyone who shouts the loudest gets to have his/her way

·         No proper governance process defined for prioritization of projects

·         No defined Business Cases with clear Key Performance Indicators (KPI’s) used to motivate projects

·         No proper project management governance process (from Initiating to Closing)

·         No follow -up on Business & Project KPI’s

·         No follow-up on use/proper use of Asset installed

·         No maintenance strategy defined for installed Asset

·         No proper handovers from the Project Management practitioner to Operations, and etc.

PROFUNEX has taken time to define a robust process and not just templates to help you and your organization execute projects properly and to improve your project execution success rate.

A Project Management Templates Guide has been developed to help you with the following:

·         Governance process required to execute projects

·         Process leadership required to successfully implement projects

·         Building a successful Business Case with clear Key Performance Measures

·         Moving away from a Hierarchical way of deciding on project to that one that is organizational benefit driven

·         Gating System and what you should look for

·         How success should like

·         Templates to help you throughout the phases of your project, and many more

This complete step-by-step solution guide is fully documented in the form of a New Special Guide called, “Project Management Templates”. The Guide is available for immediate download. Visit www.easyprojecttemplates.com and is expected to help as many Project Management Practitioners as possible; this Valuable Guide is available now for only $39.99

http://www.easyprojecttemplates.com