http://www.engineeringnews.co.za
  SEARCH
Login
R/€ = 13.04Change: -0.16
R/$ = 12.07Change: -0.10
Au 1204.60 $/ozChange: 1.40
Pt 1170.50 $/ozChange: 4.00
 
 
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 Letters 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
STRANDED POWER It would not be feasible to propose building a thermal plant in a location far from the nearest gas pipeline
Applying for an independent power producer (IPP) licence required extensive planning, with help from various industry-specific companies, said Nigeria-based energy advisory firm Lavayo Energy CEO Lolu Adubifa, who addressed delegates at the ‘How to Get an IPP...
Well-planned and effective engineering and infrastructure projects that are adaptable and also improve the environment and lives of people serve as benchmark examples for what society should expect from engineers, says consulting engineering firm Arup South Africa...
Article contains comments
Consulting Engineers South Africa (Cesa) on Thursday said it was dismayed that the Department of Water and Sanitation (DWS) was seconding 35 Cuban engineers on a two-year contract to share their expertise with South African engineers in the water sector.
Article contains comments
More
 
 
Latest News
Updated 23 minutes ago Four engineers from Kenya, Tanzania, South Africa and Zambia, have progressed to the final round of the inaugural Africa Prize for Engineering Innovation, hosted by the UK-based Royal Academy of Engineering (RAEng), with support from the Shell Centenary Scholarship...
Updated 1 hour 3 minutes ago Taste Holdings has raised about R95-million, a portion of which will be used partly to fund additional corporate-owned outlets of Domino’s Pizza and for earlier than planned capital expenditure required for a dough production facility in Cape Town, in the Western...
Updated 1 hour 24 minutes ago Eskom will implement stage 1 load shedding (1 000 MW cut) for the tenth day in a row, but only from 17:00 to 22:00 on Tuesday as it tries to minimise the power cuts during the day. The power utility informed users via Twitter just before 14:00. Earlier on Tuesday,...
More
 
 
Recent Research Reports
Steel 2015: A review of South Africa's steel sector (PDF Report)
Creamer Media’s Steel 2015 report provides an overview of the key developments in the global steel industry and particularly of South Africa’s steel sector over the past year, including details of production and consumption, as well as the country's primary carbon...
Projects in Progress 2015 - First Edition (PDF Report)
In fact, this edition of Creamer Media’s Projects in Progress 2015 supplement tracks developments taking place under the Renewable Energy Independent Power Producer Procurement Programme, which has had four bidding rounds. It appears to remain a shining light on the...
Electricity 2015: A review of South Africa's electricity sector (PDF Report)
Creamer Media’s Electricity 2015 report provides an overview of State-owned power utility Eskom and independent power producers, as well as electricity planning, transmission, distribution and the theft thereof, besides other issues.
Construction 2015: A review of South Africa’s construction sector (PDF Report)
Creamer Media’s Construction 2015 Report examines South Africa’s construction industry over the past 12 months. The report provides insight into the business environment; the key participants in the sector; local construction demand; geographic diversification;...
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.
 
 
 
 
 
This Week's Magazine
Today’s organisations execute projects within increasingly complex environments – particularly in the engineering sector. The ability to successfully execute these projects is what drives the realisation of successful projects and, ultimately, the achievement of...
SMART DISTRIBUTION Providing funds to introduce smart grid technologies in the absence of a clearly defined strategy will not result in the desired outcome
South Africa’s distribution grid is a twentieth-century relic, which must be changed to serve the country’s modern electricity needs, says South African National Energy Development Institute (Sanedi) Smart Grid Programme manager Dr Minnesh Bipath. “What we are...
There is a disparity in government funding provided to integrated transport networks – bus rapid transit (BRT) networks ¬¬– and that given to conventional bus services, says Putco executive director Thys Heyns. “We have neglected and strangled conventional bus...
The Johannesburg Social Housing Company (Joshco) is building 502 rental housing units, valued at R200-million, in Dobsonville, Soweto, which are scheduled for completion in June 2016.
Automotive component manufacturer and distributor Metair is centralising its research and development (R&D) work in Turkey, in an attempt to bolster the company’s ability to produce affordable start/stop batteries. The new R&D centre is part of an expansion plan in...
 
 
 
 
 
 
 
 
 
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
Subscribe Now for $96 Close
Subscribe Now for $96