Sometimes owners will attempt to handle the PM function themselves by assigning the responsibility to someone on their internal facilities staff. Too often, such an in-house delegate either lacks adequate training or experience to effectively manage all aspects of a needed project. In many cases, the job is added to their ongoing responsibilities, reducing the amount of attention they can devote to the project. Unless internal candidates have extensive project management experience and are empowered to commit the required time to the task, they will not be able to provide the appropriate and timely direction to ensure the project’s success.
Designers and other contractors may be very capable at their specialties, but they can fall short as effective PMs. Unlike PMs, their lead responsibilities are limited to a component of the entire project. As an owner’s representative, a PM is involved in the entire scope from the start, helping develop a clear project vision and strategy, then determining decision-making priorities and a schedule based on client-focused objectives. Throughout the project, there are dozens of important activities not typically covered within the diverse range of services that must be addressed to structure the project for success.
Consider this, everyone you employ brings value to your organization by performing core actions (CA) to bring goods and services to the market. When your CA is disrupted for prolonged periods of time, it can have an effect on your bottom line.
The extent of the amount lost would depend on:
- The ratio between opportunities lost and gained. (How much does my business lose when core actions are not performed.)
- Prioritizing and Responsibilities
- Ineffective Leadership
- Inefficient Expertise
- Lost Momentum
Maintaining CA is crucial to the health and survival of your business. For this reason, bring a PM on board to handle temporary projects makes sense. Use our time to save your money is a great way to add value to your organization without compromising your business speed and agility to service your customers.