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PMG - Project Mangement Group is a consultancy firm involved in service delivery to a various sectors (building and construction, infrastructural, ICT, property development, real estate etc). Our experts are also knowledgeable in change management, performance management, risk management, project initiation, cost control, scheduling, environmental analysis and information technology to assist our Clients' find new project/ business management solutions. Our project management expertise is applicable to all aspects of the project from initiation to finish ensuring high supervision, management and controls of time, costs and quality. We are able to tailor the scope of services to Clients' requirements in any particular project or sector. Our Approach
At PMGroup, we base our services on the good practices of Project Management. Our approach and tools define 'Project Management' as the business process of creating a unique product, service or result. A 'project' is a finite endeavor having specific start and completion dates undertaken to create a quantifiable deliverable. This finite characteristic of projects stands in sharp contrast to processes, or operations, which are permanent or semi-permanent functional work to repetitively produce the same product or service. Project Life Cycle: PMGroup believes that a project is accomplished trough an integration of the project management lifecycle processes. PMGroup utilizes the following 5 steps in any project: 1 Initiating:
o Authorize the project
o Commit the organization to a project or phase
o Set the overall direction
o Define top-level project objectives
o Secure necessary approvals and resources
o Validate alignment with overall business objectives
o Assign project manager
o Integration management 2 Planning:
o Define project scope
o Refine project objectives
o Define all required deliverables
o Create framework for project schedule
o Provide forum for information sharing for team members and stakeholders
o Define all required activities
o Sequence all activities
o Identify required skills and resources
o Estimate work effort
o Risk analysis and avoidance
o Define and estimate all required costs
o Obtain project funding approval
o Communication plan 3 Executing:
o Coordinate the resources, team development
o Quality assurance
o Select and approach subcontractors
o Distribute information
o Work the plan 4 Monitoring and Controlling:
o Manage team, stakeholders, subcontractors
o Measuring progress and monitoring performance (overall, scope, schedule, costs, quality)
o Take corrective actions if and where needed. Issue resolution and escalation
o Change request management
o Risk Management (technical, quality, performance, management, organizational and external)
o Performance reports. Communications 5 Closing:
o Finalize activities
o Administrative close out (gather, distribute, archive information to formalize project completion, acceptance/signoff, evaluation, member appraisals, lessons learned)
o Contract close out (completion of the project contract including resolution of open items and final formal acceptance). Project management Knowledge Areas: At PMGroup we apply the 9 common Knowledge areas of Project Management known as PMBOK* to the 5 Process Groups. For each process, activity, or practice, a description of input, tools and technique and output (deliverables) is made. PMGroup team operates within 9 knowledge areas summarized below:
1 Project Integration Management: The project process of coordination of the various processes involved through out the project implementation. Main elements; Develop the Project Charter, Scope Statement and Plan. Direct, Manage, Monitor and Control Project Change.
2 Project Scope Management: The process of ensuring that the project includes all the work required, and only the work required, to complete the project successfully. Main elements; Planning, Definition, Work Break-down Structure (WBS) Creation, Verification and Control.
3 Project Schedule Management: The process to ensure timely completion of the project. Main elements; Definition, Sequencing, Resource and Duration Estimating, Schedule Development and Schedule Control.
4 Project Costs Management: the control systems to ensure that the project is completed within budget. Main elemenets; Resource Planning, Cost Estimating, Budgeting and Control.
5 Project Quality Management: The processes to ensure that the project will satisfy the needs for which it was undertaken. Main elements; Quality Planning, Quality Assurance and Quality Control.
6 Project Human Resources Management: The processes to ensure that the most effective use of the people involved in the project. Main elements; HR Planning, Hiring, Developing and Managing Project Team.
7 Project Communication Management: The timely & appropriate generation, collection, dissemination, storage, and disposition of information. Main elements; Communications Planning, Information Distribution, Performance Reporting, Managing Stakeholders.
8 Project Risk Management: A systematic way of identifying, analyzing and responding to project risks. Main elements; Risk Planning and Identification, Risk Analysis (Qualitative and Quantitative), Risk Response (Action) Planning and Risk Monitoring and Control
9 Project Procurement Management: The processes required to acquire goods and services necessary for successful completion of the project. Main elements; Acquisition and Contracting Plan, Sellers Responses and Selection, Contract Administration and Contract Closure.
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