Project Management

Business Management Advisors
ABN: 53 622 450 104

Singh Consulting Group can help you make better-informed decisions and draw intelligent conclusions. Our ability to make you feel comfortable with your business's operations, is a recipe for success.

Outsourcing Your Project Management Functions

Our expert and specialist consultants will manage your project management functions.

Many businesses and companies are increasingly choosing to outsource some or all of their project management functions. This strategy is generally used by businesses and companies that:

  • Do not have enough of the right skills to manage this function in-house.
  • Need to stay focused on their core activities.
  • Need to achieve more with less (cost savings).
Should You Outsource Your Project Management Functions?

At the time of identifying your project needs and issues. You need to ask yourself the following common questions that are asked by many business owners and corporate executives:

  • Should your business or company manage the project function by using its "in-house" resources?
  • Should your business or company "outsource" the project management function?

Benefits of Choosing Singh Consulting Group to Manage Your Project Management Functions

Many businesses and companies decide to outsource their project management functions for a number of reasons, all of which are based on:

  • Realising gains in their business's or company's profitability and efficiency.

Outsourcing your project management functions to "Singh Consulting Group" can present your business or company with a number of benefits. For example:

  1. Your business or company will have access to talent that is not generally available in-house.
  2. Our project management specialists can bring a specific skill set that enables them to:
    • Effectively manage multiple resources.
    • Follow strict schedules and deadlines.
    • Work in a high-pressure environment.
  3. Our project management specialists can:
    • Bring an independent and more objective viewpoint of what is best for your business or company.
  4. Our project management specialists can:
    • Ask the questions that your employees usually avoid addressing.
  5. You receive assurance that best practices are always followed.
  6. Our project management specialists provide you with a greater level of expertise and experience.
  7. Our project management specialists have access to the latest research methodologies and technologies.
  8. Our project management specialists have a fresher perspective of your business's or company's "project issues and needs".
  9. Our project management specialists arrive with a vision and direction that firmly centres on developing and advancing your project to the best of their capabilities.
  10. When using Singh Consulting Group to manage your project, you are transferring all the risks in regards to day-to-day management of the project to Singh Consulting Group.
Risks of Outsourcing Your Project Management Functions

While outsourcing can have many benefits, there are some risks of outsourcing your project management functions.

The most compelling risk is:

  • The risk of exposing sensitive information on your business or company to the "outsourced project management firm".

Note: This risk can be mitigated through various means. With this in mind, it is critical that your business or company:

  • Clearly defines its policies and processes; and
  • Communicates and implements measures to address this security issue..
What are you waiting for?

Find out how our expert project management specialists can help you and your business or company. We are hands-on throughout the entire process.

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WHAT IS PROJECT MANAGEMENT?

After completing the task of reviewing your business or organisation’s Business Strategy you may have identified specific products or services that require further development, in order to make them more palatable to your clients or customers.

Assuming you have, identified specific products or services requiring further development you will need to address this as being part of a specific project. To meet specific goals and objectives and to ensure success of the project you will need to install a working/project team to manage the project.

Project Management can be defined as being a sequence of steps or a number of disciplines required to be completed by the working/project team. This will require developing and managing the following key control processes:

1 – Initiating Process

The initiating process is extremely important as it will determine the nature and scope of the specific project. To ensure that the project will be successful, it is important for the project team to fully understand the business environment and to make sure that all necessary controls are incorporated into the specific project.

2 – Planning Process

The main purpose of the planning process is to:

  • Develop the scope statement and develop a Project Management Plan;
  • Identify deliverables and the activities needed to complete the deliverables
  • Create a work breakdown structure;
  • Estimate the time and cost for activities and develop a schedule;
  • Develop the budget; and
  • Gain formal approval to begin work.

3 – Monitoring and Controlling Process

The key function in monitoring and controlling the project is to regularly observe and measure the project activities to the Project Management Plan. This process will enable the project team to identify where they are, where they should be and how to get on track again.

4 – Closing Process

This phase consists of finalising all project activities, formally closing the project and to obtain formal acceptance from the stakeholders of the project and the ending thereof.

 
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