ILX Share Thoughts on Importance of Effective Project Management after BBC Project Failure
(PRWEB UK) 12 February 2014 -- The team at ILX have offered their comments on the BBC's Digital Media Initiative after a series of recent news reports into the project's failure. The Guardian reported that the BBC Trust first published the results of the independent report on December 18th, after the project was shut down at a reported cost of close to £100m.
The PwC, who conducted the report, determined that the potential failure of the project could have been identified as early as July 2011 and by the following September it should have been clear due to the number of issues recorded, that “successful delivery was in doubt with major risks or issues apparent in a number of key areas.” According to the PwC, weaknesses in project management and reporting, as well as a lack of attention to business change meant that the BBC took too long to realise the project was at risk.
As experts in project management, the specialists at ILX were interested in this recent report. A representative for the company offered the following comments:
“The report highlights the importance of effective project management and the vital role it plays in ensuring that projects are brought to successful conclusions. The implementation of a Project management methodology for example PRINCE2® within an organisation will provide a consistent approach, providing focus on what a project is to deliver and helping you work out who should be involved in the project and what they will be responsible for. It provides you with a set of clear processes and explains which information you should be gathering along the way.
"However this alone does not guarantee success, projects which deliver on-time and within budget are reliant on the level of capability within the team. This includes everyone from the individual team members right through to those people appointed to the Project Board roles. As the report highlights, project failure can cost businesses, license-fee payers or tax-payers significant sums of money, which is why it is important that all those involved have the right knowledge and skills to implement the organisation’s chosen project management method effectively. In turn, this should lead to successfully managed projects which deliver on time, on budget and to the right level of quality, providing a positive impact on an organisation and all the stakeholders involved."
ILX is a global leading provider of Best Practice learning solutions and consulting services and is a market leader in PRINCE2 training. Operating across 100 countries, they have delivered learning solutions to corporate, public, and consumer audiences for over 25 years. They have trained over 100,000 learners in more than 5,000 organisations across their virtual and online learning programmes, as well as in classroom environments.
PRINCE2® is a registered trade mark of AXELOS Limited.
Sales, ILX Group, http://www.prince2.com/, +44 1270611600, [email protected]
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