Effectiveness vs efficiency
Achieving successful project delivery while optimising stakeholder value is the ultimate goal of project management. We have a demonstrable track record with a documented success rate above 80% for our projects. When compared to an average industry-wide success rate of around 30% - the figures speak for themselves.
We also know that most projects are concerned with project team costs; they focus on resource efficiency and make decisions based on nominal costs, such as daily rates. Our methods focus on the effectiveness of delivery, quite simply because our experience has shown that an effective project is also the most efficient from a total cost point of view.
Our effectiveness-focused approach allows clients to keep resources in areas where they add significant value. Staff may, for instance, be deployed in high value revenue earning capacities, rather than building and maintaining a project delivery capability.
A shift towards effectiveness gives clients control of the project delivery at a strategic level. This pays for itself through timely project delivery and the prevention of cost overruns that plague up to 70% of all projects. |