A reliable Project Management System’s primary objective benefits is to guarantee a structured approach to project management from start to finish to be completed on time and within budget while meeting the business needs and resulting in a satisfied owner.
A reliable and comprehensive Project Management System provides the framework documents, policies, processes and templates for executing all phases within the Project-Life-Cycle, providing the following benefits:
- The company has the greatest chance of achieving the set project returns.
- Plants are sustainable, secure, operational and productive.
- Interests of all stakeholders (internal/external) are acknowledged and managed.
- Risks are managed appropriately.
- Clients are engaged regularly.
- Changes are minimised to the project after the capital has been approved.
- Generates new and appropriate information for each study phase that can be applied to future projects.