Initiating Projects

One of the most valuable functions a project office can offer is a formal process for initiating projects. In most companies, projects tend to emerge out of someone's bright idea and before people realize what has happened, there is a project under way, consuming resources and playing havoc with the schedules of other projects. The function of the project office is to ensure that all new projects have been properly launched.

Projects require resources and resource usage needs to be planned. There are three problems with projects that arise by osmosis. First, they pull resources from other projects that are in progress, resulting in slippages and delays on those projects, with the consequence that the department is blamed for ...

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