Program Management
 

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IT projects continue to experience high failure rates.  From one of the more recent studies1:

31.1% of projects are cancelled before completion
52.2% of projects cost 189% of their original estimates
16.2% of projects are completed on time and on budget

Although many reasons are cited for these project failures the fundamental issues are a lack of: experienced leadership; strong project management disciplines; and coordinated management of multiple interdependent project initiatives.

At Ray & Associates a program is defined as:

"A group of projects managed in a coordinated way to obtain benefits not available from managing them individually."

Due to interdependencies among projects and/or shared resources, coordinated planning and execution of a portfolio of projects is frequently required for success.  Our Program Management services are a holistic approach to managing strategic project initiatives to achieve superior results.  These services are designed to:

Provide strong leadership to strategic project initiatives
Establish within our clients an organizational competency designed to integrate strong project management practices in project analysis, design, management and review
Facilitate planning, coordination and communication among discrete projects within individual program(s)
Monitor project execution and remove obstacles to success
Coach/mentor project managers and their teams
Inform and advise client executive management on project- and program-related issues

Typical Program Organization

  

Key Benefits

Program objectives/benefits achieved
On-time and on-budget completion of project initiatives
Build internal project management competencies

1 Project Failure - The Numbers, Why and What It Means, TechnologyEvaluation.com, 2004.

 

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Last modified: 01/07/05