Monday, December 15, 2008

Project Management Consulting

There are many reasons that corporate executives turn to external consultants to provide project management support for their projects. The challenges that organizations face include: sub-par project performance, the potential for lost credibility, lack of experience with a particular project type, and a lack of internal project management practitioners. Project management consulting firms can supply experienced practitioners that offer high-quality solutions to the complex issues facing project teams.

Often times it is the highly visible, at-risk project that drives management to recognize that a better project management approach is required. Frequently, project management consultants are brought in to address various project-related issues including: poor on-time performance, unsatisfactory financial results, dysfunctional team dynamics, and complicated team composition.

Many projects, by default are managed using a reactive approach to problem solving. This style of project management creates an environment where “fire fighting” is the norm and the latest project emergency demands the attention. A proactive project management approach enables project teams to identify obstacles earlier in the project, which allows them to make better decisions and provide more cost effective solutions. By implementing the right mix of training, consulting and advanced tools, a project management consulting firm can establish an early warning system that provides management a forward-looking tool to ensure their project will be executed as-agreed.

Some projects are so critically important to the success of an organization that failure is simply not an option. In some cases, a past project may have been so poorly executed that management wants assurance that future projects will be more successful. A project management consulting firm can assist in this scenario by helping to deploy advanced risk mitigation tools and providing expert scrutiny of existing project schedules.

Project management consulting firms can bring a combination of experience, knowledge and advanced tools that are not readily available in most organizations. By combining those capabilities with an understanding of best-in-class project management practices it is easy to see how the benefits realized from using a project management consulting firm can far outweigh the out-of-pocket investment.

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