Project Management Capability Development

As businesses strive to increase rate of return on continually decreasing investment, building a project management capability has become critical. Unfortunately, standard or off-the-shelf training packages often fail to deliver the anticipated benefits.

Turn to our Project Management Capability Development solution. We’ll assess your organization’s capability, determine target levels, custom-tailor a plan to meet your specific business needs and effectively measure ongoing benefits.

Our Approach

Our innovative approach to improving your project management capability focuses on delivering value against a set of key performance indicators. To help consistently map your organization’s PM capability, we’ve designed a proprietary Project Management Maturity Model (PM3). An integral part of PM3 is developing processes to efficiently build and enhance your capability, along with implementing any insufficient project management components.

 

Figure 1 - Our proprietary Project Management Maturity Model (PM3)

When to Use Project Management Capability Development

Our Project Management Capability Development solution can benefit organizations facing any of the following issues:

  • A history of falling short of project objectives
  • Failing to deliver projects and tasks within time and cost constraints
  • Key project management and technical resources that are regularly overloaded
  • Projects that have stopped or run out of steam
  • Dynamics of business forcing increasing project complexity
  • Insufficient project management staff

Our Proposition

By employing our solution to enhance your project and program management capability, you can:

  • Prioritize projects for strategic advantage
  • Lead projects and fully realize potential benefits
  • Increase the rate of return of projects
  • Build lasting relationships with customers, shareholders and other stakeholders
  • Communicate the ongoing value of projects in the corporate economic context
  • Reap process, productivity and profitability improvements across the organization
  • Maintain key project management skills within the organization
 

Our Approach

  • The Cognizant Difference

    It's in our DNA. Placing our clients first is embedded in the Cognizant culture. By investing in our people and resources, we bring new ideas and innovation to help you succeed in a changing business environment.

  • Two-in-a-Box

    We embed senior personnel with demonstrated industry expertise in your IT organization. They coordinate strategy with dedicated offsite delivery managers, freeing your team to concentrate on core business objectives.

  • Cognizant 2.0

    By employing the Cognizant 2.0 platform, we bring the best people, resources and capabilities of our global delivery system to any client, anywhere.