Opportunity, Risk, and Success: Recognizing, Addressing, and Balancing Multiple Factors Crucial to the Success of a Project Management System Deployed to Support Multi-Lateral Decommissioning Programs

Author(s):  
Greg Funk ◽  
Paul Longsworth

This paper addresses the factors involved in effectively implementing a world-class program/project management information system funded by multiple nations. Along with many other benefits, investing in and utilizing such systems improves delivery and drive accountability for major expenditures. However, there are an equally large number of impediments to developing and using such systems. To be successful, the process requires a dynamic combining of elements and strategic sequencing of initiatives. While program/project-management systems involve information technologies, software and hardware, they represent only one element of the overall system. Technology, process, people and knowledge must all be integrated and working in concert with one another to assure a fully capable system. Major system implementations occur infrequently, and frequently miss established targets in relatively small organizations (with the risk increasing with greater complexity). The European Bank of Reconstruction (EBRD) is midway through just such an implementation. The EBRD is using funds from numerous donor countries to sponsor development of an overarching program management system. The system will provide the Russian Federation with the tools to effectively manage prioritizing, planning, and physically decommissioning assets in northwest Russia to mitigate risks associated the Soviet era nuclear submarine program. Project-management delivery using world-class techniques supported by aligned systems has been proven to increase the probability of delivering on-time and on-budget, assuring those funding such programs optimum value for money. However, systems deployed to manage multi-laterally funded projects must be developed with appropriate levels of consideration given to unique aspects such as: accommodation of existing project management methods, consideration for differences is management structures and organizational behaviors, incorporation of unique strengths, and subtle adjustment to compensate weaknesses. This paper addresses the architecture and sequencing of implementation. A properly designed program/project-management system provides necessary tools for those planning the program as a whole, as well as those tasked with delivering individual projects. It also provides a communication framework to transfer information to parties on the funding side of the equation. Aligned program and project management methods are key to making the overall effort effective. Ultimately, progress and transparency are essential outcomes that help to sustain funding and mitigate major funding fluctuations that create havoc for any project. A solid program-management system must provide donor countries the ability to know what is to be accomplished, how much it should cost, and over what period of time, as well as provide adequate transparency into how much is being accomplished at any given point in time. Prioritization, funding, transparency, politics, and many other considerations come into play when dealing with challenges that take decades to overcome. These issues exist for most programs, but the situation becomes even more complex when dealing in a multi-lateral framework. Project management methods and systems relate directly to program level ones and underpin the higher level program system. Before continuing, it is important to summarize the distinctions between program and project management. Program management primarily incorporates efforts relating to the identifying what is to be done over a long time horizon involving multiple projects. Project management, in contrast, generally embodies the efforts of how identified scope shall be done. Many of the efforts performed in each are similar and the distinction between programs and large projects in particular are often blurred. In general, the environment that a program manager deals with involves more uncertainty than a project manager. The essential point, however, is that a program consisting of perfectly sequenced and executed projects can still fail to provide the desired benefit if the overall program strategy is flawed or fails to adequately communicate the vision to the many lower-tier managers involved on individual projects.

2021 ◽  
Vol 7 (2) ◽  
pp. 428-435
Author(s):  
Natalia Valerievna Moskvicheva ◽  
Anna Anatolievna Burdina ◽  
Narmina Oktaevna Melik-Aslanova

Project management has received significant development in recent decades. The project approach to management is also applied in the field of communication, information technology, and research. The article analyzes the prerequisites for improving the modern theory and practice of project management. Problems and methods of project management in large industrial corporations are considered and the necessity of implementing an information management system designed to automate and maintain management processes. Authors identify the main prerequisites for implementing a corporate project management system: a sufficient level of the company development; limited financial and human resources; simplification of control over the activities of project managers.


The international experience of integrating building information modeling (BIM) into project management system with innovation implementation accent has been revealed in this article. The events carried out on federal and regional levels concerning the President of Russia directive on building construction industry modernization and construction objects transferring to life cycle management by means of BIM were analyzed. The large company experience of implementing BIM was summarized with describing some examples in different cities and regions of our country and thus the main directions of this technology development were determined. The key points of BIM and project management system pairing and impacting an innovation choice witch determine the project economic efficiency in the integrated management system were shown. The main reports of "Building construction projects technology and management: new practices and prospects" conference by Moscow Trade and Commerce Chamber were reviewed in this direction and problems of the new investment and construction project management technology implementation were shown. The ways to solve these problems were disclosed by work examples of PAO "Sberbank", and successfully working in our country firms Bilfinger Tebodin - BIM design and Beiten Burkhard -jurisdiction support. Some economic efficiency questions of BIM implementation were disclosed in the report delivered by The Plekhanov University of Economics (project and program management base department of Capital Group). Management system suggestions, regarding BIM implementation in Moscow construction were given.


2020 ◽  
Vol 2 (7) ◽  
pp. 49-54
Author(s):  
E. G. ERLYGINA ◽  
◽  
I. I. SAVEL’EV ◽  

Project approach in enterprise management is an important aspect in the company s performance which allows maintaining the company's leadership position in its field of activity. In this regard, the corporate project management system is an effective tool for managing the company's activities. The paper presents a possible typology of organizational projects, defines the place of project management in the strategic process of the organization. The classification of projects by main areas of activity is given. The problems of the project management system are considered and measures are developed to eliminate counteractions when implementing a corporate project management system.


Mathematics ◽  
2021 ◽  
Vol 9 (14) ◽  
pp. 1633
Author(s):  
Zhiwu Zhou ◽  
Julián Alcalá ◽  
Víctor Yepes

The aim of this paper is to establish an international framework for sustainable project management in engineering, to make up the lack of research in this field, and to propose a scientific theoretical basis for the establishment of a new project management system. The article adopts literature review, mathematical programming algorithm and case study as the research method. The literature review applied the visual clustering research method and analyzed the results of 21-year research in this field. As a result, the project management system was found to have defects and deficiencies. A mathematical model was established to analyze the composition and elements of the optimized international project management system. The case study research selected large bridges for analysis and verified the superiority and practicability of the theoretical system. Thus, the goal of sustainable development of bridges was achieved. The value of this re-search lies in establishing a comprehensive international project management system model; truly integrating sustainable development with project management; providing new research frames and management models to promote the sustainable development of the construction industry.


2001 ◽  
Vol 10 (2) ◽  
pp. 239-246 ◽  
Author(s):  
Z.M Deng ◽  
H Li ◽  
C.M Tam ◽  
Q.P Shen ◽  
P.E.D Love

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