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Project management

Innovative projects require innovative project management

A project is a temporary and unique endeavor designed to produce a product, service, or result within a defined time and cost frame. The temporary nature of projects stands in contrast with "business as usual", which mostly represent a permanent set functional activities to produce products or services. Thus, in practice, the management of a project needs dedicated skills and methodologies, which differs from the management of the daily activities.

Project management is the process of leading the work of a team to achieve all project goals within the given constraints. The primary constraints are scope, time, and budget. The secondary challenge is to optimize the allocation of necessary inputs and apply them to meet the objectives within these constraints.

This is quite straightforward when the target and the scope of work is known from previous experience. This type of project is typically called "Traditional project" and planned and followed up using a sequential task by task approach.

However, the introduction of new technology will always include new and unknown challenges. Sometimes, even the target and scope of work have to be adjusted during the project, because new knowledge has been acquired during the project. In these types of projects, typically called "Adaptive" or "Extreme projects", it's of high importance to create and maintain a strong risk management, in order to take care of any changes in the early phase of the project, when the changing costs are still small.

PPM has solid competence from successful accomplishment of challenging, industrial projects, where new technologies have been introduced. We know that one of the most important success criteria is to have an open and synergic collaboration with our customers, and to introduce the new solutions carefully, step by step.

Additionally, as a former member of the team developing the famous "EUREKA Method", we guarantee that our customers can take advantage of the state-of-the-art methodology for project management.