OMEGA IT-Consulting

Many companies work in project mode but are not really aware of it. If an order is carried out for a customer, which is unique, has a certain complexity and duration, and where several people, teams or companies work together, this undertaking can be referred to as a project. Such an order could include:

• the construction of a family house, a vehicle, a tool or a dam
• the installation of a solar system, a snowmaking system or an art exhibition
• the development of a medicine, software, a fertilizer or a machine component
• the production of components, active ingredients, analysis devices or semi-finished products
• the implementation of a seminar, an event, or a concert

If such project orders are carried out regularly or if they are even a fixed part of the business model, project management in detail and project portfolio management as a whole becomes an important competence, if not even a core competence of the company or organization. Customers are also increasingly weighting the project competence of contractors when awarding projects, which can result in a competitive advantage.

If these core competencies are not given the necessary attention, this could lead to:

• problems, risks and discrepancies
• a bad working atmosphere, unmotivated employees
• then loss of quality, cost and time overruns on orders
• and finally disgruntled customers with fewer orders, sales, profit and market share.

What use is a great product if it is delivered too late, is too expensive or cannot deliver what it promises in terms of quality? Who appreciates an event that, while covering a fascinating topic, is poorly organized and chaotically executed?

It is therefore necessary to weight and maintain project and project portfolio management as a core competence. To do this,

• the applied methods, models and techniques must be appropriate and up to date
• the tools used must be supportive, user friendly and efficient
• the project participants must be adequately trained on a regular basis

This is the only way a company can present itself as a competent partner.