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A regular process should be
established to gather information about high-level
business objectives. Sponsors and Project Managers
are expected to advise the Executive Management team of
impending project proposals. |
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There should be a regular
process to connect the relationship between the benefits
analysis in each new project PID and the high-level
business objectives. |
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Use a Project
Dashboard to show the links between projects and
corporate objectives. The dashboard should also
show the progress of each project and colour-coded to
indicate the overall condition of projects. |
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The Executive Management
Team should update the project dashboard regularly using
information gathered from project mangers on completed
milestones and delivered benefits. |
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All project managers should
meet with a representative of the Executive Management
team regularly where they will make realistic assessments
of the state of progress of each milestone in terms of
achieved, on schedule, at risk of slipping, slipped. |
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The Project Dashboard should
be reviewed regularly by the Board of Directors or
Executive Management Team. Where appropriate, the
management team must not hesitate to intervene in, and
even cancel, projects that are no longer relevant or
appear unlikely to deliver the planned benefits. |
