Procon IQ offers a Project Management Assessment Service, either as the initial step of a process improvement engagement or as a stand-alone service. There are two major variables of the Project Management Assessment engagement. They are context and function.
We can review and assess the project management capabilities of your organization as a whole, or we can review a portion of your organization. The context of the assessment is the portion of your organization or program that needs to be assessed, and their associated strategic priorities. For example, a power company could want an assessment for its contract procurement organization. Such an assessment would be informed by the company's expansion plans or requirements, power generation technology trends and lessons learned from past projects.
Our Project Management Assessment service can come in numerous functional forms. The most common are diagnostic, readiness assessment, and audit. As a diagnostic, the service can identify process and data gaps between your existing environment and the best practices in the industry. Our team will work with your existing departments to understand and map existing processes. Once the discovery phase is complete we can develop an executive overview as well as detailed implementation recommendations that identify the processes' points of stress and how to address them.
For organizations that see the need for process improvement, the service acts as a readiness assessment. Procon IQ examines the work flows and roles within your existing environment to see if your organizational structure and governance framework are aligned with your strategic and operational goals. We examine whether the appropriate levels of accountability and empowerment exist, and if they are aligned with the strategic priorities that you expect your Project Controls Framework to support. Processes and systems alone do not empower an organization. We analyze whether the culture of the environment supports the pro-active management that a Project Controls Framework enables.
Finally, as a Project Management Audit, the service evaluates your existing management framework for regulatory, contractual and value creation. We validate the project controls framework, governance and project management maturity in the organizations. Our firm's base of Project Management experience, developed over decades of work on multi-national, multi-year, and multi-billion dollar projects, informs the Audit service. Depending on your needs, we can provide sensitivity analysis, identifying how the Framework would react to a range of project variances, and we can develop recommendations to optimize the governance, organization and project controls framework and/or tailor them to specific industries and type of projects.
The Project Management Assessment service is an important element of our portfolio, and we recommend it to any organization with a significant capital program. It is guaranteed, at a relatively low cost, to tell you something about how your projects are managed and the gaps that are allowed between your strategic plan and the structure you have built to execute it. At the same time, it allows us to gather the information necessary to create process improvements tailored for your needs, priorities, and capabilities. We look forward to getting to know you.
