It establishes uniform criteria for prioritisation thereby ensuring that:
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Project objectives are in line with strategic priorities right from the start |
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Projects are prioritised mutually to promote a balanced allocation of resources |
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It presents a general and consistent approach to all projects that: |
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Promotes the effective use of the roleplayers' time |
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It offers proven means and techniques that: |
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Create an environment in which proper definition can be given to instructions (e.g. clearly identified objectives, specific starting and final dates, clear timelines) |
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Ensure that relevant information is gathered at the earliest possible stage to enhance sound decision-making |
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Ensure that all projects compete on an equal basis |
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Ensure that information is received according to consistent standards |
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Reduce misunderstandings and confusion in the organisation because everybody uses the same processes and terminology |
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Promote more effective use of human resources based on a clear definition of the responsibilities and division of time of every team member |
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Promote a structured and methodical modus operandi. |
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It promotes the completion of projects by means of: |
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A clear definition of objectives and target dates |
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A structured process for change management |
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It creates structured communication channels that: |
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Promote communication to all roleplayers |
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Increase the visibility of projects at all levels. |
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It reduces risks e.g. financial risks by means of: |
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Early identification of financial implications and transparent management of funds. |