Independent Project Management Reviews

Project Support Services:

Independent Project Management Reviews

For purposes of project management, the review is about the quality and accuracy of project management planning, typically as expressed in Study Work / Execution Plans, and Project Execution Plans towards performing subsequent phases.  This includes project management integration, with emphasis on the project’s scope, schedule, and capital expenditure (Capex) estimates, bearing in mind the impacts and demands posed by matters such as risk, stakeholder expectations, contracting requirements and obligations, etc.

In addition, ProjectLink also performs reviews on the operational cost (Opex) estimates, i.e. the cost estimates associated with operating the project’s product for life-of-asset.

The need

Organizations that perform large capital projects, within strict approval frameworks, stand to benefit most from project reviews.  It is important to understand that a project review is a means to an end; ultimately, the objective is assurance about the project’s likelihood of success, and the project review is an ideal method for gaging this.

Project reviews provide assurance to investors that due processes, including best practices, good governance, and sound logic are followed in the performing of the project, and that it is adequately set up for progression to a subsequent stage or phase.  Because the focus is on project integration of the work performed within the project, as well as towards the eventual, successful operations post-project, clients benefit from the optimisation associated with the reviews.

This includes considerations such as most appropriate courses of action, opportunities to exploit, and general project management efficiency enhancement.his stage not only informs the subsequent stage (i.e., the portfolio identification stage), but also other possible interventions for the client to consider, outside of the scope of portfolio establishment, such as the establishment of a PMO, organizational restructuring, training, etc.

The need

Organizations that perform large capital projects, within strict approval frameworks, stand to benefit most from project reviews.  It is important to understand that a project review is a means to an end; ultimately, the objective is assurance about the project’s likelihood of success, and the project review is an ideal method for gaging this.

Project reviews provide assurance to investors that due processes, including best practices, good governance, and sound logic are followed in the performing of the project, and that it is adequately set up for progression to a subsequent stage or phase.  Because the focus is on project integration of the work performed within the project, as well as towards the eventual, successful operations post-project, clients benefit from the optimisation associated with the reviews.

This includes considerations such as most appropriate courses of action, opportunities to exploit, and general project management efficiency enhancement.his stage not only informs the subsequent stage (i.e., the portfolio identification stage), but also other possible interventions for the client to consider, outside of the scope of portfolio establishment, such as the establishment of a PMO, organizational restructuring, training, etc.

The Implementation

Assessment

Understand the importance of proper project risk management and how it contributes to successful project management and project outcomes.

Analysis output

Understand the importance of proper project risk management and how it contributes to successful project management and project outcomes.

Implementation phase

The efficiency of project reviews depends heavily on accurate and timely communication between key stakeholders, to ensure commonality of expectations around what the project is intended to achieve, and how the review process will support it.  Reviews therefore require periodic, formal interaction between stakeholders, typically called “setting-up-for-success” sessions.  Team members responsible for components of the project will interact with reviewers during such sessions, present their deliverables, and indicate what improvements or alterations were made since the previous interaction.

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