Medikos´ Project management is the use of scientific and technological knowledge, skills and procedures to execute projects effectively and efficiently.
It’s a strategic competency for your healthcare organization, enabling them to tie project results to your IT business goals.
Project management is both science and art. It is science in that it relies on proven and repeatable processes and techniques to achieve project success. It is an art because it also involves managing and relating to people and requires the project manager to apply intuitive skills in situations that are totally unique for each project. A good project management methodology provides the framework, processes, guidelines and techniques to manage the people and the work. A good methodology increases the odds of being successful and therefore provides value to your healthcare organization.
Medikos´ Project management includes developing a project plan, which includes defining and confirming the project goals and objectives, identifying tasks and how goals will be achieved, quantifying the resources needed, and determining budgets and timelines for completion. It also includes managing the implementation of the project plan, along with operating regular 'controls' to ensure that there is accurate and objective information on 'performance' relative to the plan, and the mechanisms to implement recovery actions where necessary. Projects usually follow major phases or stages including feasibility, definition, project planning, implementation, evaluation and support/maintenance.
- Completing projects more quickly and cheaply. One of the biggest benefits of using a common methodology is the value of reuse. This results in reduced project start-up time, a shorter learning curve for project team members and time savings from not having to reinvent processes and templates from scratch on each project.
- Being more predictable. This ability to be predictable is crucial when your company is making business decisions about which projects to execute. You should strive to achieve a level of predictability of 80%. In other words, 80% of your projects will finish on-time and within budget.
- Saving effort and cost with proactive scope management. Many projects have difficulty managing scope, which results in additional effort and cost to the project. Having better project management processes will result in being able to manage scope more effectively.
- Better solution “fit” the first time through better planning. Using a methodology results in better project planning, which gives the team and the sponsor an opportunity to make sure they are in agreement on the major deliverables produced by the project.
- Resolving problems more quickly. Having a proactive issues management process helps ensure that problems are resolved as quickly as possible.
- Resolving future risk before the problems occur. Project management includes processes to identify and manage risks. Sound risk management processes will result in potential problems being identified and managed before the problems actually occur.
- Communicating and managing expectations with customers, team members and stakeholders more effectively. Project management focuses on proactive formal and informal communication, which results in fewer surprises.
- Building a higher quality product, the first time. the team can implement quality control and quality assurance techniques to meet the patient’s expectations.
- Improved financial management. This is the result of better project definition, better estimating, more formal budgeting and better tracking of the project actual costs against the budget. All this rigor results in better financial predictability and control.
- Stopping “bad” projects more quickly. Effective project management allows you to see these situations earlier so that you can make better decisions to re-scope or cancel the project.
- More focus on metrics and fact-based decision making. Metrics give you information that helps you determine how effectively and efficiently your team is performing and the level of the quality of your deliverables.
- Improved work environment. If your projects are more successful, you will find additional intangible benefits associated with your project team.