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When is investing into improving our organisation's project management system a good idea? |
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1.) Our company generates a part of its revenue & profit through projects. |
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Planned revenue from company's projects within the next 12 months |
250 000 |
EUR |
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Planned cost of company's projects within the next 12 months |
-200 000 |
EUR |
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Planned profit contribution from company's projects within the next 12 months |
50 000 |
EUR |
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Weighted average budget overrun of the company's projects within the last 12 months |
10% |
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Estimated real cost of company's projects within the next 12 months based on average past budget overrruns |
-220 000 |
EUR |
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Estimated real profit contribution of company's projects within the next 12 months based on average past budget overrruns |
30 000 |
EUR |
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Estimated lost profit of company's projects within the next 12 months based on average past budget overrruns |
-20 000 |
EUR |
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Estimated percentage of budget overruns caused by lacking project management |
50% |
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Estimated additional profit if lacking project management can be avoided* |
10 000 |
EUR per year |
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* If you are interested in an analysis of return on investment into project management in your concrete company's situation, please contact us. |
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2.) Our company is planning to carry out projects for customers, who require suppliers to have project management certificates. |
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Here, our business can be calculated as follows: planned profits from projects within the next 12 months vs cost of bodyshopping |
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project managers with the required certificates vs cost needed to train & certificate own staff.* |
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* If you are interested in an analysis of return on investment into project management in your concrete company's situation, please contact us. |
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When should I as a person invest into project management training & certification? |
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Situation: I want to work in a position requiring a project management qualification proven by a recognised certificate (PRINCE2/ PMI/ IPMA) |
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Here, my business case is as follows: Salary difference between new and existing position vs training & certification cost. |
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Usually, the payback period is less than 5 months! |
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* If you are interested in an analysis of return on investment into project management training in your concrete situation, please contact us and we will e-mail you our software calculator in MS Excel or OpenDocument format free of charge. |
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Project Management Consulting
We offer project management consulting according to your organisation's needs - from advice on your particular project management challenges through coaching for project executives/ sponsors, managers, other project management team members and project management office/ portfolio, programme & project office (PMO/ P3O) staff to elaboration of your company's project management methodology, selection of suitable project management support software or a „turnkey" implementation of a modern, effective (multi)project management system based on international standards.
PRINCE2® is a Registered Trade Mark and a Registered Community Trade Mark of the Office of Government Commerce in the UK and other countries, and is registered in the U.S. Patent and Trademark Office. The Swirl logo™ is a Trade Mark of the Office of Government Commerce. M_o_R®, ITIL®, MSP® and P3O® are Registered Trade Marks of the Office of Government Commerce. CAPM®, PMBOK®, PMI® and PMP® are Registered Trade Marks of Project Management Institute, Inc. IPMA® is Registered Trade Mark of International Project Management Association. © 2009-2010 POTIFOB, all rights reserved.
