Project Management : An indispensable process among high performing organizations
How do few organizations rank among high performing? What do they do different when compared to average performing organizations?
Leaders at high performing organizations prioritize on developing company culture by setting up project management process. Their metrics include a lot of factors such as how things get done, how decisions get made, what works and what doesn’t, who gets rewarded & how, how organizational transparency is made, and how to be pro-active towards towards risk management.
In a recent statistic report, including research data over last 5 years, 89% of high performing organizations reported project management as valuable, 59% said either most departments or their organizations uses standard project management practices and 64% said they frequently conduct risk management.
As an executive or as a team lead, you’re expected to ensure that you’re pro-active towards all kinds of risks — operational, financial, reputational and strategic. In a recent PMI survey, 83% of high performing organizations reported they “always” or “often” manage risk in conjunction with project management as compared to only 49% of low performers.
Building a project management culture is process oriented and it requires complete understanding of it’s value, aligning projects towards business goals, defined goals, efficient task allocation, sufficient resources and transparency in communication. Weaving in project management practices within organizations and across teams reapes remarkable benefits such as project alignment with business strategy, project delivery under budget and on time, cost saving, productivity improvement & customer satisfaction.
But then why do certain organizations are still non-performing? Is it because of their resistance to change towards better process, undefined goals, undefined risks, poor communication, inaccurate time estimation, resource dependency, task dependency or procrastination with the team?
One of the key solutions for organizations to adopt project management in their practice is to have an efficient solution, which advances itself as the technology unfolds. If they are given a seamless application to coordinate among diverse teams with big organizations distributed across places, brings entire team on the same page with activity updates, task allocation and promotes transparent communication, they would see exceptional improvement in productivity.
One such application is Vibrant Work App, which will take you towards the future of work. With its unparalleled feature of being mobile first, it would boost your organization’s productivity by 10x. Currently on iOS, and launching soon on android, this app weaves in effective project management across local as well as distributed teams.
Push your organization’s limits and set up project management culture :
Download the iOS app
