Benefits of predictive project analytics
• Project review – “eyes and ears” for management
• Independent assessment of project planning, execution, and protects project investment
• Independent monitoring of emerging project risks helps control operational and
reputational risks
• Ability to determine the project portfolio risk profile
Lowers and contains project costs
• Independent assessment of project budget adequacy
• Independent assessment of ongoing budget needs and requests
• Prioritizes project so the right level of project management can be applied
Increase likelihood of project success
• Project of what could go wrong before it does go wrong
• Adherence to project plan
• Ability to identify the project performance cliffs
Gets projects back on track
• Unbiased, project-agnostic expertise alerts the project organization when timelines or
objectives are threatened
• Interim recommendations focus and project remediation
• Expertise to re-scope and re-plan as needed.
Improves the project organization and project practices
• Employment of generally accepted practices and methodologies
• Leverage project investment by not re-inventing the wheel
Full report here
