The technological ecosystem is expanding and is getting more “cross segments” oriented.
It is essential to look at any project like a part of a larger picture; it should co-exist in a global environment rather than act a stand-alone project.
Historically, project management methodologies referred to a project as a one-dimensional task, i.e., achieving the required set of tasks, neglecting the holistic big-picture view. But a Project’s lifespan is determined by the environmental changes and not necessarily by the quality of the project itself. Over the past decades, new methodologies, such as agile project management, emerged, mostly driven by the practice in response to the needs of the sectors. The stand-alone project management approach will cease ultimately to be relevant as the ecosystem evolves.
Olvitech project management approach based on the reality that today’s environment is broader than the project itself, hence, it is required to develop and utilize sustainable project management practices.
Approaching the project correctly makes all the difference!
Sustainable Project Management Method
The Sustainable Project Management Method aims for a more holistic, global oriented point of view, taking into account three main aspects:
- Economic Sustainability – Looking and planning beyond the simple ROI, taking into account factors as “Key economic drivers” & “Cross-Contribution between drivers” etc.
- Social Sustainability – evaluating the organizational DNA, structure, regulation, and processes. What are the inside existing human resource skills and personnel practices that can be utilized throughout the value chain
- Environmental sustainability – environmental sustainability requires a mature evaluation of equipment & facilities requirements, utilization of resources, purchasing regulations, legal & contract management, and local industry regulation.
Our Project Managers look at the broader picture, and see beyond the apparent barriers of the project itself and evaluate factors over the life cycle of the product rather than just the project.
Sustainability, as a holistic practice, is perhaps the most popular term in almost every aspect of the business environment, and specifically in the HLS domain.
“Incorporating sustainability into project management helps us cope with the complexity of projects, reduces project crises, project cancellations and interruptions, and the fluctuation of project personnel creates a competitive advantage and economic benefits, and promotes sustainable project results” (Gareis, Heumann, & Martinuzzi, 2010).
Our team of Project Management professionals, with backgrounds in architecture, engineering, construction, facilities planning, commissioning, operations, and financial management, advocate on your behalf to ensure your project is completed on time and within budget.
By keeping the main three principles of sustainability, i.e., balancing social, environmental and economic goals, both short term and long term and both local and global, will potentially increase the number of stakeholders of the project.
Our approach improves the competencies, team interaction, and the overall team environment to enhance project performance.