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Project Performance Management
Reduce risk, reduce costs, reduce project cycle time - these are key mandates for everyone involved in capital projects.  But never have they been more difficult to achieve.  Mega-projects, joint ventures, tight capital, fluctuating material costs, and aging workforces make projects more difficult to manage.  Collaborative strategies that enable real-time management across global work centers are vital to ensuring reliable project delivery. 
 

Project Management is a well-recognized discipline with many strategies and best practices to control scope, manage resources, and control progress.  But today's challenges require strategies that go beyond the basics and address key constraints to better performance.   ARC's model for Project Performance Management (PPM) recognizes these issues and provides a framework for analyzing project management needs, developing effective strategies, and driving better performance across all project activities.       
 
ARC's model for PPM is unique in its view of design and build activities.  It explicitly acknowledges critical interdependencies between processes that limit individual performance.  And, it recognizes the need for organizations to effectively coordinate all of their assets, financial, human, and information, and fully enable all of their external stakeholders.  Most importantly, ARC's PPM model is firmly grounded in the extensive research we have done in Asset Lifecycle Management (ALM), which helps organizations balance PPM goals with other critical ALM objectives. 

ARC's model for PPM is the only model that explicitly recognizes Project Information Management (PIM) as a key PPM process.  Research repeatedly shows that organizations suffer staggering losses each year as a result of poor Project Information Management.  Neglect in this area has also been linked to major safety and compliance violations in the subsequent operation of facilities.  Project Information Management issues plague every group in the project delivery value chain and its role as the foundation for project excellence is clearly highlighted in the ARC model for PPM. 

How Can ARC Help?
ARC's analysts can help you analyze your current PPM performance and identify the best opportunities for improvement.   They can also educate you on technologies and best practices that you can use to improve your performance and help you select the solutions that are most suitable for your company.  

Functioning as members of your own internal PPM team, ARC's analysts can add our unique knowledge of technologies, suppliers and other PPM programs to accelerate your continuous improvement efforts.   
 
For more information contact us at Info Request.

PPM Concept