ProjectManagement.com has release our new webinar on project oversight: What is Project Management and Why it Matters.
In 2013, the Standish Group reported that "fewer than a third of all projects were successfully completed on time and on budget over the past year.“ Analysis of industry research has found that megaprojects often exceed their budgets by 50% or more. Project owners often don’t realize the severity of delays and cost overruns until well after a project has floundered.1
Does being seriously behind schedule and/or overbudget constitute project failure for both the owner and contractor? Turns out answering that question is not so simple. The constraints on project success for owners may not be the same as it is for contractors.
Watch our webinar to learn more, which covers the following topics:
1. Defines project oversight from the client’s perspective.
2. Explains how project oversight differs from project management.
3. Discusses the basic principles of project oversight.
3. Discusses the processes owners can use to be successful in their project oversight role.
1 PricewaterhouseCoopers, “Correcting the course of capital projects,” pwc.com, April 2013, pwc-correcting-the-course-of-capital-projects-v3-pdf.pdf