http://www.engineeringnews.co.za
  SEARCH
Login
R/€ = 17.88Change: -0.10
R/$ = 15.88Change: -0.04
Au 1237.82 $/ozChange: 0.47
Pt 955.50 $/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 About 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|Technology|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|Technology|Services|Solutions|Systems||Operations|
engineering|pbt-group|project|project-management|projects|resources|systems-company|technology|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
Creamer Media Senior Deputy Editor Online
© Reuse this

To subscribe email subscriptions@creamermedia.co.za or click here
To advertise email advertising@creamermedia.co.za or click here
 
Comment Guidelines (150 word limit)
 
 
 
 
 
 
 
 
Other Project Management News
MITIGATING MANIPULATION The Construction Industry Development Board Act will empower small-scale and emerging contractors
Emerging contractors in the construction industry will soon stand to benefit from increased protection provided by a new amendment to the Construction Industry Development Board (CIDB) Act, which was proposed by the Department of Public Works, says Johannesburg-based...
COMPLEX BUILDS Large infrastructure projects have the largest negative impact, owing to significant complexities of the projects
The escalating costs of many large infrastructure projects could be mitigated by adopting a simpler approach to root out the causes of cost overruns, preventing them from impacting negatively on the project, says large infrastructure claims and contract...
Iconic engineering brand David Brown’s history of engineering high-integrity gearing systems and significant field service expertise has led to the company’s successful development of CX drives – next-generation conveyor technology for the mining industry. The...
More
 
 
Latest News
The Competition Tribunal on Friday gave a conditional go-ahead for mobile operators Cell C, MTN and Vodacom to buy out their respective subscriber bases, as South Africa’s last independent service provider Altech Autopage calls it a day. The Allied Electronics...
The drought in Southern Africa could become one of the worst on record should the current below-normal rainfall continue, the United Nations (UN) World Food Programme said this week. The El Niño conditions presently being experienced in the region had resulted in a...
Kelibone Masiyane has been appointed the new MD of PPC Zimbabwe, succeeding Njombo Lekula, who had recently been redeployed as MD of PPC’s international operations. Masiyane would be supported by new PPC commercial director Iain Sheasby and new PPC GM of finance...
More
 
 
Recent Research Reports
Construction 2016: A review of South Africa's construction industry (PDF Report)
Creamer Media’s Construction 2016 Report examines South Africa’s construction industry over the past 12 months. The report provides insight into the business environment; key participants; local demand; geographic diversification; corporate activity; black economic...
Energy Roundup – February 2016 (PDF Report)
The February 2016 roundup covers activities across South Africa for December 2015 and January 2016 and includes details of a Government Gazette notice that confirms Cabinet’s decision to move ahead with the 9 600 MW nuclear procurement programme; State-owned power...
Energy Roundup - December 2015 (PDF Report)
The December 2015 roundup includes details of State-owned utility Eskom’s application to claw back R22.8-billion; South Africa’s ranking as an investment destination for renewable energy; and a nuclear expert’s thoughts on reactor designs for South Africa’s nuclear...
Water 2015: A review of South Africa's water sector (PDF Report)
Creamer Media’s Water 2015 Report considers the aforementioned issues, not only in the South African context but also in the African and global context in terms of supply and demand, water stress and insecurity, and access to water and sanitation, besides others.
Input Sector Review: Pumps 2015 (PDF Report)
Creamer Media’s 2015 Input Sector Review on Pumps provides an overview of South Africa’s pumps industry with particular focus on pump manufacture and supply, aftermarket services, marketing strategies, local and export demand, imports, sector support, investment...
Liquid Fuels 2015: A review of South Africa's liquid fuels sector (PDF Report)
Creamer Media’s Liquid Fuels 2015 Report examines these issues in the context of South Africa’s business environment; oil and gas exploration; fuel pricing; the development of the country’s biofuels industry; the logistics of transporting liquid fuels; and...
 
 
 
 
 
This Week's Magazine
WIDENING FLEXIBILITY The trailers have a 3-m-wide (2-file) and 4.3-m-wide (2-file) configuration
Lifting, transporting, installing and ballasting solutions provider Ale has expanded its global fleet of trailers and invested in the latest range of widening trailers that can be mechanically widened from 3 m to the desired width for any project. Ale ordered 48 axle...
The market for the BMW 7 Series in South Africa differs quite significantly from the rest of the world. China, the US and the Middle East almost exclusively buy the long-wheel-base version, using the German manufacturer’s luxury high-end sedan as a chaffeur-driven...
January new-vehicle sales fell by 6.9%, to 48 615 units, compared with the same month last year. Statistics released by the Department of Trade and Industry show that the domestic new passenger-car market declined by 6.1%, to 34 936 units, compared with 12 months ago.
Information technology (IT) equipment and infrastructure multinational Dell is providing open infrastructure systems for clients so that they can use any systems, including innovative new systems, that suit their business needs, says Dell Europe, Middle East and...
South Africa’s State-owned defence industrial group, Denel, has set up another international partnership, based in Hong Kong. This new subsidiary is Denel Asia and it is a joint venture (JV) with South African private sector company VR Laser.
 
 
 
 
 
 
 
 
 
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 $149 Close
Subscribe Now for $149