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Author: Great Britain: National Audit Office Publisher: The Stationery Office ISBN: 9780102977080 Category : Business & Economics Languages : en Pages : 44
Book Description
This National Audit Office report is on assurance for major government projects, such as the introduction of large IT systems, the construction of ships and helicopters and major changes to how services are delivered. There are 205 projects in the Government Major Project Portfolio, with a combined whole-life cost of £376 billion, and annual cost of £14.6 billion. Thirty nine of those projects have a delivery confidence rating of 'red' or 'amber/red'. The report supports the changes that government has made to the central assurance system for such projects - in particular, the launch of the Major Projects Authority - and finds that they have resulted in some significant impacts. However, the system is not yet 'built to last'. Processes need to be formalised, and the Authority, HM Treasury and departments need to co-operate more if these improvements are to continue. Transparent reporting of project data would also create a more effective and enduring system. An effective central system that gives assurance over project progress is critical for ensuring successful outcomes. Capacity constraints have had an impact on the effectiveness of the assurance system. The Authority is reporting on 160 more projects as part of the portfolio and carrying out more in-depth assurance work, but has 40 per cent fewer staff than the body it replaced. As a result, processes for sharing project lessons and for continuously improving the system remain informal, and there is overdependence on key individuals in the system.
Author: Great Britain: National Audit Office Publisher: The Stationery Office ISBN: 9780102977080 Category : Business & Economics Languages : en Pages : 44
Book Description
This National Audit Office report is on assurance for major government projects, such as the introduction of large IT systems, the construction of ships and helicopters and major changes to how services are delivered. There are 205 projects in the Government Major Project Portfolio, with a combined whole-life cost of £376 billion, and annual cost of £14.6 billion. Thirty nine of those projects have a delivery confidence rating of 'red' or 'amber/red'. The report supports the changes that government has made to the central assurance system for such projects - in particular, the launch of the Major Projects Authority - and finds that they have resulted in some significant impacts. However, the system is not yet 'built to last'. Processes need to be formalised, and the Authority, HM Treasury and departments need to co-operate more if these improvements are to continue. Transparent reporting of project data would also create a more effective and enduring system. An effective central system that gives assurance over project progress is critical for ensuring successful outcomes. Capacity constraints have had an impact on the effectiveness of the assurance system. The Authority is reporting on 160 more projects as part of the portfolio and carrying out more in-depth assurance work, but has 40 per cent fewer staff than the body it replaced. As a result, processes for sharing project lessons and for continuously improving the system remain informal, and there is overdependence on key individuals in the system.
Author: Great Britain: Parliament: House of Commons: Committee of Public Accounts Publisher: The Stationery Office ISBN: 9780215048707 Category : Political Science Languages : en Pages : 44
Book Description
The Major Projects Authority was set up in 2011 to address weaknesses in the central system for assuring major projects across Government. The Authority, a partnership between HM Treasury and the Cabinet Office, is responsible for examining and reporting on projects, and intervening where they are going off track. The Committee states that the Authority has made good progress in its first year, but, with only one third of major projects being delivered to time and budget, believes much more needs to be done. The Authority spends £6 million to monitor over 200 projects worth £376 billion. It has much stronger powers but much less money than its predecessors. Clearly, the resources it has will affect its impact. It focuses its resources on the projects of highest cost and risk and it is dependent on engagement from departments to achieve its aims, but this is not always forthcoming. Some 62% of departments have adequate formal plans to provide assurance on projects, although the extent to which these are used to manage projects varies. The Authority has not met its commitment to publish information on project status; on-going discussions within Government are seriously delaying the publication of the Authority's annual report and calling into question the Government's commitment to transparency. For the report by the NAO on this subject, see HCP 1698, session 2010-12 (ISBN 9780102977080).
Author: Martyn R. Phillips Publisher: Createspace Independent Publishing Platform ISBN: 9781480011953 Category : Organizational effectiveness Languages : en Pages : 0
Book Description
Here is an easy-to-read and brief, yet very informative, guide to improving performance and outcomes for executives and senior managers. Value Assurance (VA) is an overarching, business and functional performance improvement process. It is particularly effective for guiding business change initiatives, such as new systems to increase performance, as well as complex capital endeavors that will bring about significant or rapid change. So often, many programs and major projects (including products, systems and services) have failed to produce their expected performance. This can be due to a combination of ill-defined expectations, flawed planning and absence of appropriate controls, along with shifting managerial direction and waning stakeholder support. Despite a whole array of available management processes, tools and techniques, there is a general need for better coordination of the use of the various, accepted approaches to program, project, risk and value management. VA is a navigational and decision-enabling aid that establishes strategic direction and optimizes use of corporate resources as well as maximizing performance gains, shareholder returns and wider stakeholder satisfaction. It ensures balanced solutions and is applicable to both "hard" and "soft" types of endeavours. VA provides an integrated approach to developing and controlling programs, projects, products, systems, or services. The process is applied for the entire duration of a program from inception, through development and installation, to operation and final disposition. This is accomplished particularly through better coordination of the use of various accepted methods such as program, project, risk and value management, as well as other related tools and techniques. VA guides the setting of realistic targets and focuses on aspects that are most worthwhile, especially in terms of time, resources and return on investment. It provides a pro-active, holistic and systematic way of guiding team consensus-building and driving best value, through an end-to-end program / project delivery, planning and assurance mechanism. Key components of VA are strategic alignment, concept engineering, risk management, decision analysis, stage readiness assessments, value profiling & indexing, value improvement, program/project assurance, change management and systems optimization, along with other management tools as appropriate. This booklet introduces a creative/opportunity-based approach derived by integrating various management methods. Its purpose is to inspire a pro-active, holistic and systematic way of group thinking for driving best value, - through an end-to-end program/project planning, delivery and assurance mechanism.
Author: Rob Prinzo Publisher: Publish Green ISBN: 0983033536 Category : Business & Economics Languages : en Pages : 178
Book Description
No Wishing Required is the story of a project team navigating the complex world of enterprise software implementations in their quest for project success. Led by Jenny, the ambitious, yet sometimes nave project manager, No Wishing Required takes the reader through her journey as she struggles with a major system implementation that is on the brink of failure to the challenges of the companys latest project: a complex multi-step system upgrade/transformation project. Through the guidance of her manager and mentor, Bill Parker, Jenny discovers that there is a way to assure project success that really works: collaborative intervention. While it is fiction, the experiences and characters in No Wishing Required will resonate with anyone who has ever participated on a large business systems implementation project team. Through the story of Jenny, Bill and the project team, youll discover the power of collaborative intervention what it is and how to use it. Youll find a step-by-step process complete with tools and techniques for proactive and effective project leadership. Short of a Genie, collaborative intervention is the only methodology designed to help you avert project failure before it occurs. And best of all, theres no wishing required.
Author: Graham Oakes Publisher: CRC Press ISBN: 1317074955 Category : Business & Economics Languages : en Pages : 289
Book Description
Projects are hard. By definition, projects are about non-routine activities. Many of them are large and complex; they may involve many people, often from different backgrounds and increasingly with different languages and cultures. Amongst all of this, it is easy to get lost, to overlook important trends or to misunderstand each other. So projects fail. Graham Oakes' Project Reviews, Assurance and Governance is about learning from your mistakes and understanding what's really going on with your projects. In order for reviews and assurance to provide you with this information and learning, you need to perform them effectively and that is the purpose of this book. The core of the book is built around a number of models of project review processes and governance, all derived from practice and interspersed with case studies drawn from practitioners, project management literature and from practices in other industry. The result is the blend of the conceptual and the practical needed to make your project assurance process sympathetic, relevant and rigorous for your organization and the range of projects and programmes which you undertake.
Author: Northern Ireland. Department of Finance and Personnel. Centre of Expertise for Programme and Project Management Publisher: ISBN: Category : Languages : en Pages :
Author: Great Britain: National Audit Office Publisher: Stationery Office ISBN: 9780102987577 Category : Political Science Languages : en Pages : 45
Book Description
This memorandum updates the Public Accounts Committee on the status of the projects in the Government Major Projects Portfolio. It is also intended to help the Committee assess how far the published information improves transparency; and provides an update on progress by the Major Projects Authority in responding to the Committee's wider recommendations
Author: Anthony Higham Publisher: Taylor & Francis ISBN: 1317377141 Category : Architecture Languages : en Pages : 414
Book Description
The world of construction is intrinsically linked with that of finance, from the procurement and tendering stage of projects right through to valuation of buildings. In addition to this, things like administrations, liquidations, mergers, take-overs, buy-outs and floatations affect construction firms as they do all other companies. This book is a rare explanation of common construction management activities from a financial point of view. While the practical side of the industry is illustrated here with case studies, the authors also take the time to build up an understanding of balance sheets and P&L accounts before explaining how common tasks like estimating or valuation work from this perspective. Readers of this book will not only learn how to carry out the tasks of a construction cost manager, quantity surveyor or estimator, they will also understand the financial logic behind them, and the motivations that drive senior management. This is an essential book for students of quantity surveying or construction management, and all ambitious practitioners.
Author: Great Britain: National Audit Office
Author: Great Britain: National Audit Office
Author: Great Britain: Parliament: House of Commons: Committee of Public Accounts
Author: 
Author: Martyn R. Phillips
Author: Rob Prinzo
Author: Graham Oakes
Author: Northern Ireland. Department of Finance and Personnel. Centre of Expertise for Programme and Project Management
Author: Great Britain: National Audit Office
Author: Anthony Higham
Author: United States. Federal Housing Administration