SMART Project and Implementation Management

Day-to-day business and a lack of resources frequently hinder a timely and ongoing execution of the relevant projects. With the SMART Project Management program, a tool tested for more than 10-years is available for implementing and directing change projects.

The starting point for the SMART management system is to record all current projects together with their managers, project plans and scheduled results or those already achieved. This is followed by a presentation of all additional essential projects together with their objectives and scheduled effects with regard to personnel, expenses and liquidity.

In the prioritization phase, projects are selected on the basis of their absolute earnings and liquidity effects and their respective terms and are allocated correspondingly greater level of priority.
The successful implementation of the individual projects is ensured by realistic implementation planning. Inter alia, this planning includes the limited capacities of the normally few existing main performers, a clear and conclusive specification of the objectives, realistic starting, intermediate and termination deadlines and they indicate clear and conclusive responsibilities to the Project Managers.

With the establishment of a Steering Committee and the appointment of an (external) Project Controller, an ongoing budget/actual comparison of the results actually achieved with the results as originally planned. The two institutions referred to above also make a significant contribution to a more effective implementation control with regulated information and decision-making paths and ensure the documentation of decisions and results as well as the structured administration of the relevant data.