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Fact Sheet:
Why Project Management?
Version: 1.2, November 2008
What are the benefits of using a Gartner Group estimates that by using
Project Management methodology? moderate project management rigor (using
standard processes with some auditing)
The primary reason for using a project there is a 30% improvement in
management methodology is to increase productivity.
the likelihood of the project succeeding.
This utilises past experiences to feed into
What are the 'above the line' and
projects which results in:
Accomplishing more work in less time,
'below the line' activities?
with fewer resources
John Smyrk of Sigma Management
Reduced overall project risk (as risks Science uses a two-layered management
are identified and managed) model of a project. One is the Control
Greater customer satisfaction Layer or „above the line‟, the other is the
Work Layer, or „below the line‟. This is a
Deliverables (outputs) of a better useful distinction for the Project Manager
quality as it provides the distinction between the
management of the project, i.e. the
Reduced learning requirements with
methodology, and the management of the
less likelihood of repeating past
work of the project required to produce the
mistakes
outputs. The Project Manager should be
Everyone knowing what to expect spending up to 15% of their time on
„above the line‟ activities in order to
If there is a change of Project
achieve the project‟s stated outcomes.
Manager, it is known what documents
to look for and where to find them
Monitoring the work plan, managing risks, changes, issues, staff, scope, reporting, quality etc
Gartner Group, (2000), Moderate Process Rigor Is Faster (In the Long Run…),
Conference Presentation.
IT Cortex, (2003), Failure Rate - Statistics over IT projects failure rate, Accessed:
http://www.it-cortex.com/Stat_Failure_Rate.htm
Acknowledgements
This Fact Sheet contains elements of the Tasmanian Government Project Management
Guidelines prepared by the Department of Premier and Cabinet.