To achieve strategic objectives, organizations must launch multiple strategic change initiatives. Project managers are under pressure and scrutiny like never before to deliver successful organizational change through projects and programs. Leaders must be well-qualified to identify and guide the right types of change and improvements to address client requirements and increase workforce efficiency. In this article at PM Today, Allan Thomas explains how professional certification helps project leaders reduce costs and make sound investments for the future.
Benefits of Certification Programs
Focus on Business Goals
37% of executives report the primary reason for organizational failure is a lack of clearly defined goals and objectives without specific targets and milestones. “Project and program managers should have the capability to think beyond their immediate tasks and responsibilities; offering a broader perspective and more strategic approach to how change initiatives will affect their organization,” explains Thomas.
Efficient Use of Resources
Resource planning can be a daunting task for portfolio managers. Certification programs allow managers with multiple skillsets to make significant and sustainable improvements in their organizations. Certification programs’ clear structure helps managers select and follow a pathway that industry leaders choose to lead projects and programs. This provides them with the clarity to optimally use resources across projects.
Decreased Organizational Risks
Certification programs help managers increase their ability to manage the complexities of multiple projects and programs. Furthermore, they provide the skills and guidance to control the risk impact and maintain alignment with corporate strategy.
Informed Decision-Making
Senior leaders must make critical decisions that can impact the businesses’ survival. Therefore, it is essential to get them right. Certification programs enable portfolio managers to gain a broader perspective and understand project portfolios beyond individual projects. It allows project managers to have a holistic understanding of their business and how multiple projects align with business goals. This, further, encourages leaders to make the right decisions.
To read the original article, click on https://www.pmtoday.co.uk/a-new-way-forward-for-portfolio-programme-and-project-management/.