The Essence of PM
Dr. Horst W. Koetting - International Management Consulting - The Art of Project Management
Professional project management (PM) has essentially only three primary goals:
- Customer satisfaction, meaning:
- Provide the project deliverables as contracted
- Stay within the project timeframe and budget
Only some reach these goals
Only a few projects will ever reach these objectives or come even close. Most of them will fail in their attempt to perform as planned. As a matter of fact, the project success rate for larger IT-projects for example is statistically only about 20 percent.
Prof. Groeger in his study "Projektmanagement: Abenteuer Wertvernichtung" estimates a financial loss of approx. € 150 Billion per year in Germany alone!
There are some well-known destructive behavior attitudes that are often responsible for project disasters. Since they are fairly well known reasons for project failure, we gave them a name:
The AGE-Syndrom
AGE stands for:
As you may suspect, lots of psychology is hidden behind those terms. After all, the major decisive factor for successfully managing complex projects is:
us, the people involved.
AGE, this frequently observed phenomenon, has been explained in detail in Dr. Koetting's new book “Project Destruction Made Easy”, a translation of the German bestseller satire “Anleitung für Projektvernichter”.
Naturally, there are many reasons, valid and invalid ones, responsible for project failure. But there are also good reasons why projects do succeed. Solid project management strategies, established by internationally experienced managers, may indeed prevent failure and assure that projects will become a complete success.
Our team of very successful project- and corporate managers is ready to support your project in a role best suited for your ultimate success. These roles may include classic consulting and coaching tasks as well as interim management assignments.
Our Competence
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Project Management