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Making Every Project Pay Off

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Running Time: 7:59

Date: 01/10/2011

Before you embark on a project, ask what's the real value the business can expect from it - you'll save time and money if you do.

Too many projects run away with time and money - and fall short of their business objectives - because those objectives weren't properly identified in the first place. Alex Chapman, of Totally Optimized Projects, says success comes from knowing exactly what value the business wants from a project and making sure every member of the team, from board level downwards, has that clearly in mind. TOP has recently won a major international award for innovation in managing projects, with its system described as unique.

Not ensuring that every step along the way produces an optimal result can result in a loss of 50% or more of the intended value of a project. Currently many businesses bring in consultants to manage projects, but when they leave there's often no-one in the business who fully understands the project and its processes.

  

Topics: Business Growth, Financial Management, Management


Alex Chapman, Totally Optimized Projects