http://www.engineeringnews.co.za
  SEARCH
Login
R/€ = 12.78Change: 0.16
R/$ = 11.42Change: -0.02
Au 1292.41 $/ozChange: 1.71
Pt 1263.00 $/ozChange: -8.50
 
 
Note: Search is limited to the most recent 250 articles. Set date range to access earlier articles.
Where? With... When?








Start
 
End
 
 
And must exclude these words...
Close Main Search
Close Main Login
My Profile News Alerts Newsletters Logout Close Main Profile
 
Agriculture   Automotive   Chemicals   Competition Policy   Construction   Defence   Economy   Electricity   Energy   Environment   ICT   Metals   Mining   Science and Technology   Services   Trade   Transport & Logistics   Water  
What's On Press Office Tenders Suppliers Directory Research Jobs Announcements Contact Us
 
 
 
RSS Feed
Article   Comments   Other News   Research   Magazine  
 
 
Jul 20, 2012

Business Initelligence integral to successful project management

Back
Engineering|PBT Group|PROJECT|Project Management|Projects|Resources|Systems|Information Management|Information Technology|Operational Source Systems|Project Management|Services|Solutions|Systems|Andreas Bartsch|Operations|Business Intelligence|Data Warehouse|Information Technology
Engineering|PROJECT|Project Management|Projects|Resources|Systems|Services|Solutions|Systems||Operations|
engineering|pbt-group|project|project-management|projects|resources|systems-company|information-management|information-technology-industry-term|operational-source-systems|project-management-industry-term|services|solutions|systems|andreas-bartsch|operations|business-intelligence|data-warehouse|information-technology
© Reuse this



Business intelligence (BI) and information management services provider PBT Group emphasises the important, yet underused, role that BI plays in project management, especially for the information technology (IT) sector.

PBT Group programme manager Andreas Bartsch tells Engineering News that BI entails the use of applications and tech- nologies to gather, provide access to and analyse the data and information of company operations.

He notes that BI services are beneficial to companies that struggle to come to terms with the integration of data from the different operational source systems to provide “one version of the truth” about the state of their business and data.

“Our typical BI solution includes a data warehouse, which gives the client a centralised, cross-functional view of the information within the entire organisation,” says Bartsch.

He adds that BI solutions can also be used in support of programme or project management.

“If a project manager has access to certain BI solutions, he or she can use these to improve project management esti- mates, for example, based on learning from past experiences.

“BI in project management can contribute to improving the key aspects of the discipline, namely the time, cost and quality of a project. More importantly, such solutions allow one to measure the value of the programme or project in terms of what you are delivering and how it compares with the client’s objectives,” says Bartsch.

He notes that more organisations are realising the advantages of using resources like BI and project management cross-functionally to the benefit of the whole organisation.

“Integrating BI into project management can also have an influence on the financial model used for project implementation.

“BI solutions that contain management information of projects will enable the project manager to make better decisions and, therefore, mitigate risks and ensure a better project outcome,” he says.

Bartsch points out that defining clear business objectives, as well as understanding and managing clients’ expectations, is critical to ensuring a project’s success.

“Often, especially in the IT industry, project owners do not understand what is actually being delivered, or that what is delivered is not in line with their expectations.

“That said, project owners and stakeholders are often guilty of creating unreasonable and unrealistic expectations about the cost, duration and deliverables of a project,” he says.

He points out that in a situation like this, a project man- ager’s well-meant attempt to meet these expectations are usually unsuccessful.

“It is like setting the project up for failure before it has even begun. Organisations have to realise that the successful management of a project comes from a partnership between the key stakeholders and the project manager.

“It is not the project manager’s responsibility to make unreasonable or unachievable expectations a reality. Project owners must accept accountability for ensuring that such expectations are being managed,” states Bartsch.

He notes that project managers are often selected only on their understanding of the discipline and their qualifications.

“It is important for organisations to select a project man- ager in line with the specific project at hand.

“Factors like the type and nature of project (whether it is strategic or task orientated, for example), the size of the team, as well as the number of internal and external stakeholders involved, should be taken into consideration when interviewing and hiring a candidate.

“Concepts like prototyping, or proof of concept, are also considered important for BI-type projects,” he says.

Prototyping involves exposing the client to a visual sample of what will ultimately be delivered. This is done at various phases of the project and ensures that what is being delivered is still in line with what is required.
Meanwhile, Bartsch is positive about PBT Group’s future.

The company’s client base comprises medium to large corporate enterprises in various industries, including banking, insurance, telecommunications and retail.

“As a BI provider, we are well positioned to take advantage of the opportunities that will arise, as BI is now becoming a critical enabler in organisations’ aspirations to run better businesses and projects.

“From a project management point of view, we plan to keep integrating our past experiences into our methodologies, which will allow us to improve the quality of our work, as well as mitigate risks and face the challenges as best we can,” he states.

Edited by: Chanel de Bruyn
© Reuse this Comment Guidelines (150 word limit)
 
 
 
 
 
 
 
 
Other Consulting Engineers News
TESSEL SEVERS Royal HaskoningDHV is committed to exposing local aviation experts to state-of-the-art international airport design
International project management, engineering and consultancy services provider Royal HaskoningDHV says its South African aviation division has been exposing its personnel to projects outside of Africa as part of its commitment to developing South Africa-based...
Lefadi Makibinyane
Consulting Engineers South Africa (Cesa) on Tuesday announced that its CEO Lefadi Makibinyane had resigned and would be serving his notice until the end of January. Cesa president Abe Thela said the resignation was “unexpected” and acknowledged Makibinyane’s...
CHARLOTTE VAN DER MERWE Planning-related professions need to bear accountability
The professional planning part of the civil engineering industry is becoming increasingly reactive in terms of preplanning, instead of its primary, and preferred, focus of being proactive, says multidisciplinary engineering consulting firm GIBB.
More
 
 
Latest News
Updated 9 minutes ago Creamer Media’s Water 2014 report considers the aforementioned issues, not only in the South African context, but also in the African and global context, and examines the issues of water and sanitation, water quality and the demand for water, among others.
JSE-listed Hudaco Industries’ share price climbed nearly 16% on Friday afternoon as the company announced that it would bring an end to a years-long tax challenges with the South African Revenue Service (Sars). In a trading statement to shareholders, Hudaco revealed...
President Jacob Zuma
South Africa was open for more investment and the country offered investment opportunities that no “wise” businessperson should miss, President Jacob Zuma told captains of commerce and industry during the yearly Business Interaction Group meeting on the sidelines of...
More
 
 
Recent Research Reports
Liquid Fuels 2014 - A review of South Africa's Liquid Fuels sector (PDF Report)
Creamer Media’s Liquid Fuels 2014 Report examines these issues, focusing on the business environment, oil and gas exploration, the country’s feedstock supplies, the development of South Africa’s biofuels industry, fuel pricing, competition in the sector, the...
Water 2014: A review of South Africa's water sector (PDF Report)
Creamer Media’s Water 2014 report considers the aforementioned issues, not only in the South African context, but also in the African and global context, and examines the issues of water and sanitation, water quality and the demand for water, among others.
Defence 2014: A review of South Africa's defence industry (PDF Report)
Creamer Media’s Defence 2014 report examines South Africa’s defence industry, with particular focus on the key participants in the sector, the innovations that have come out of the sector, local and export demand, South Africa’s controversial multibillion-rand...
Road and Rail 2014: A review of South Africa's road and rail infrastructure (PDF report)
Creamer Media’s Road and Rail 2014 report examines South Africa’s road and rail transport system, with particular focus on the size and state of the country’s road and rail network, the funding and maintenance of these respective networks, and the push to move road...
Real Economy Year Book 2014 (PDF Report)
This edition drills down into the performance and outlook for a variety of sectors, including automotive, construction, electricity, transport, steel, water, coal, gold, iron-ore and platinum.
Real Economy Insight: Automotive 2014 (PDF Report)
This four-page brief covers key developments in the automotive industry over the past 12 months, including an overview of South Africa’s automotive market, trade figures, production and the policies influencing the sector.
 
 
 
 
 
This Week's Magazine
BRUCE BRADFORD The 3D printers have a clear upgrade path to eventually print in wood, ceramics and metal-alloys
Three-dimensional (3D) printers being sold in South Africa by electronics distributor Rectron currently print in two types of plastic, but have a clear upgrade path over the next five years to eventually print in wood, ceramics and metal-alloy materials, says Rectron...
The world’s two dominant commercial aircraft manufacturers, Airbus of Europe and Boeing of the US, both recently announced that they had made record aircraft deliveries in 2014. Boeing set a global record for the industry with 723 commercial aircraft delivered, while...
The Western Cape is shifting further into the renewable-energy space with the official opening of a factory specialising in solar inverters, a key component of solar photovoltaic (PV) plants. The investment in the manufacturing facility in Cape Town aims to boost the...
Business Leadership South Africa (BLSA) last month welcomed Cabinet’s establishment of a technical team war room to undertake various interventions to improve electricity supply security over the short- and medium-term, but added that the private sector also had a...
Despite a rapid rise in mobile connections and the economic and social benefits of such connectivity, more than half of the world ended 2014 unconnected. For this reason, industry commentators believe the biggest impact of mobile technology is still to come –...
 
 
 
 
 
 
 
 
 
Alert Close
Embed Code Close
content
Research Reports Close
Research Reports are a product of the
Research Channel Africa. Reports can be bought individually or you can gain full access to all reports as part of a Research Channel Africa subscription.
Find Out More Buy Report
 
 
Close
Engineering News
Completely Re-Engineered
Experience it now. Click here
*website to launch in a few weeks