Vela's Vision
According to Vela a typical large public organisation spends 50% of their budget on projects. One finds a cadre of chiefs, such as CEO, CFO, CIO, COO. etc, but there is never a 'Chief Project Officer'. Vela believes a CPO would make a vital contribution to allow the organisation to achieve results. View Vela's paper in this regard [hyperlink].
An extract: "We need to create an environment in the public sector that will recognize project leadership as a separate and distinct discipline and provide a structured organization to house these essential skills and to foster the development of standards and expertise. This environment needs to be supported by suitable tools. “ Vela says they have found PSNext to be ideal for this purpose.
Saving Hundreds of Millions
EMBA has started to make a difference. EMBA helps clients to convert their strategy into projects and then to control the projects to deliver benefits. “Typically we set up a project office with templates and a methodology.” says Vela. “The projects we have managed in the public sector serves as an example of the success and cost saving that can be achieved. We have found tha savings easily run into millions, if not hundreds of millions.” The right tools make a vital difference to the success in achieving the strategic vision. EMBA have chosen PSNext. "PSNext becomes a backbone on which the methodology and the process can be realized." says Vela.
PSNext Benefits
Vela ascribes a large part of their current success to the implementation of PSNext. "We see a number of main benefits in using PSNext":
- "In our experience the biggest weakness in programme management is usually reporting." says Vela. As requirements change PSNext allows EMBA to quickly configure a report that is immediately relevant.
- In many organisations, project documents are generally stored all over the place and "eventually disappear". "We are scanning all documents into PSNext, ensuring that the latest version is easily available, with a history of changes."
- Strong financial management - "Previously we were very dependent Excel reports which were time consuming and prone to errors. Now PSNext gives us a complete set of financial reports which look great and are always up to date."
- PSNext gives EMBA a competitive benefit: "Clients are comfortable that EMBA can successfully manage their programmes". The EMBA slogan “Project Management in Real Time” is given substance.
According to Vela, PSNext is a “great program, looks good and feels good to use”. They love its flexibility. PSNext easily adapts when clients require changes to report formats. Vela mentioned that they carefully evaluated other well known competitive systems, but found them too cumbersome and could not get it to work.
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