When companies are implementing new business solutions, reengineering processes, constructing a new building, transforming their digital systems, or undertaking any other type of project, having the right project management team at the helm can make all the difference in how smoothly the project goes and whether or not it stays on budget and timeline.
When project management goes wrong, organizations can suffer in a number of ways and projects can fail. Some of the symptoms of poor project management include:
- Budget overruns
- Projects stalling
- Missed deadlines
- Large scope changes
- Insufficient resources
- Stakeholder dissatisfaction
Role of Project Management Consultant
Project consultancy services are responsible for leading a project, ensuring it’s completed according to project specifications, and that it achieves the desired results.
The role of project management consultant firms typically involves some or all the following duties:
- Performing a project assessment to define the scope and timeline of a project
- Costing the project to help develop a budget
- Identifying any impacted stakeholders
- Development of a project management plan
- Directing all aspects of the project including team members, employees, and vendors
- Procuring necessary materials for the project
- Ensuring the project stays on budget and timeline
- Overseeing quality management of the project
- Developing a project communication plan
- Executing the project roadmap and tasks that need to be accomplished
- Monitoring and reporting back on project progress and KPIs
- Closing out the project and providing a final report
Project management consulting firms can be brought on to lead a team at an organization and guide them using project management best practices. Firms may also hire project management consulting services to take on the entire project and handle everything for them.