Oil & Gas
Project Management objective is to effectively manage the completion of a single scope of work. The methodologies and tools for Project Management are focused on balancing that scope along with the schedule, cost, and quality of the project deliverables. PROJEQZ's Project Management framework and offerings apply consistent structure, planning, tracking, and reporting of project status using tools such as Work Breakdown Structures, Earned Value Management, and Critical Path Analysis.
A program is a group of projects that are tied together by common threads such as project type, client and/or funding source. PROJEQZ's Program Management Office (PMO) framework identifies these common attributes and provides consistency across the many projects in terms of artifacts, deliverables, process and tools. This allows your project and program managers to address the unique needs of projects within a certain program while maintaining consistency across all programs in your organization. A key aspect of our program management offerings is the visibility across projects to allow both PMO and executive management to steer projects and programs from a dashboard in order to provide more effective resource management.
Portfolio Management refers to the processes, tools, and key performance indicators your organization uses to identify, evaluate, select, and fund investments that support your strategic business goals. The portfolio itself may consist of projects, programs, products, operational upgrades and/or actual investment vehicles. PROJEQZ's Portfolio Management framework provides the process governance, the selection criteria, and the selection team structure to effectively and efficiently choose the right mix of initiatives and investments that align with your organizational objectives.
Any efficient organization is constantly experimenting with changes to improve business and gain a competitive edge in the ever-changing world. Firms may be in search of tools/systems that can lead the way towards a bright future. Value added products and services could be delivered to customers' satisfaction in shortest possible time only by the integration of business methods/ processes in enterprises. Both IT and software development companies, require a project/program management office (PMO) for better long term planning.
A risk is something that may happen and if it does, will have an adverse impact on the project. "That may happen" implies a probability of less than 100%. If it has a probability of 100%, - it will become an issue. An issue is managed differently to a risk. A risk must also have a probability higher than 0%. It must be a chance to happen or it is not a risk at all. There are two stages in the process of Project Risk Management. They are Risk Assessment and Risk Control. Risk Assessment can take place at any time during the project, though the sooner the better. However, Risk Control cannot be effective without a previous Risk Assessment. Most people tend to think that having performed a Risk Assessment; they have completed all that is required for risk management. Far too many projects spend a great deal of effort on Risk Assessment and then ignore Risk control completely.
To better service our clients, we have a team called Standard-based Management (SBM) - focusing on the requirements for various ISO standards, British Standards, Total Quality Management System (TQM) and Total Productivity Maintenance (TPM). A separate team called Technology Group - specializes in industry standards and processes (CMMI, ITIL/BS 15000, e SCM, COPC-2000) and global best practices (BS 7799, 6-Sigma).
In today's business, the capability of an organization to maintain its critical operations during or following a disruption and the speed at which it can re-establish its full functionality significantly marks the difference between success and failure.