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Executive guide to Project Management
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When what organizations do is not exclusive, how they do it becomes a competitive
advantage, and the lingering effects of the global economic meltdown
only reinforce the value of project management. Organizations that value project
management understand that the contributions of professional project managers
increase project success rates, create efficiencies and improve alignment with
organizational strategies.
Global IT outsourcing firm Luxoft did just that, leveraging its existing mature
project management culture to grow despite the recession. “Our project management
practices make us more efficient, more reliable and more cost-effective. That
gave us a competitive advantage,” says Alex Nepomnyashchiy, director of the
company’s Seattle, Washington, USA office.
Luxoft’s ability to look at projects from a portfolio perspective allows the executive
committee to better oversee resources and deliver greater value to clients.
“Having that management vision is a necessity for our business,” he says.
But that kind of project management power is only possible with a strong commitment
from the highest levels of the organization, particularly under less-thanideal
circumstances.