Each year, organizations worldwide undertake projects/programs worth billions of dollars across diverse sectors to bring forth new products and services, or improve existing ones. According to  independent assessments, a significant number of projects/programs are known to be delayed, have cost overruns, or failed. In this context, Project Management as an independent discipline, has been gaining increasing recognition as a critical differentiator for better business performance.

As the focus moves from project management success, through project success, to consistent project success – a completely new set of criteria comes into play, as recognized by different groups of stakeholders. They continuously seek to know: 

	Was the project done right?
	Was the right project done?
	Were the right projects done right consistently?

The project portfolios are becoming large and complex with each passing day, and focusing on the right spots can help improve the efficiency of assessments and predictions in order to take corrective actions timely.

Key Challenges

	On–time and in–budget completion
	Maintaining customer satisfaction with stakeholder involvement during technological advancements, volatile economy, increasing costs, tough competition, decreasing margins, and increasing expectations
	Evolving and/or changing scope
	Reducing time to market – keeping the quality standards intact
	Arriving to accurate estimates
	Getting adequate number of resources with the right mix of skills at the right time
	Managing communications effectively across cross–functional and distributed teams
	Maintaining project data and information
	Managing the associated uncertainties that are likely to occur and ensure minimum or no impact
	Managing interfaces across projects
	Managing shared resource pools and continuously identify needs for hiring, skill development, maintain productivity, morale, and employee satisfaction
	Define, capture, and measure performance metrics for quantitative assessment and plan improvements
	Standardizing processes across projects that are diverse in nature
	Structuring knowledge management with reusable information, that is continuously updated

How can the QAI Global Institute help? 
 
The Institute's Project Management practice is comprised of a wide range of support and training offerings to improve the way programs and projects are managed. The course offerings are aligned with global standards, derived from rich experience of their application across various industries. QAI has the following Project Management support offerings:

	Program/Project Management Trainings
	Project/Programs Management Certifications
	Project Management Conferences

For more information call us at +91 11 41608270 or write to us at pm@qaiglobal.com