Dimensions Of Project Success
All projects, regardless of size or complexity, have three dimensions of performance:
Time |
The ability to achieve a project's requested time targets. |
Cost |
The cost of executing the project, including all resources (people, equipment,
money, etc) necessary to perform the work. |
Quality |
The specific result desired and reflected in the decision to pursue a
project. |
For more than two decades, YCA has been benchmarking the project
performance of hundreds of corporations in many industries. YCA has found
that organizations
that do not employ a standard, proven, team-based method for planning and
controlling projects, rarely achieve success on all three performance dimensions.
In fact,
such companies often fail to achieve success on any one of the three dimensions.
Further, YCA has found that the most commonly missed dimension is quality.
The YCA Project Success MethodSM is designed to deliver success on all three
dimensions:
- In this day of limited resources and fierce competition, no company can afford
to waste money or undercut the return on capital employed. Executives must
insist on the diligent application of proven management processes for the projects
they approve and fund.
- Being forced to perform a greater number of more complex projects, team members
must have the knowledge, process, and tools to efficiently execute their work,
eliminate unproductive chaos, and achieve work-life balance.
- Managers must ensure that the resources at their disposal are actively
engaged and properly allocated to achieve maximum benefit for their
employers.
If your organization does not have a single, team-based method for planning
and controlling project work, contact us today to understand the
opportunities for improvement.
Approach & Methodology Quick Jump:
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