implementing an effective corporate real estate project framework in global organisations
Post on 23-Jan-2018
140 Views
Preview:
TRANSCRIPT
Implementing an effective Corporate Real Estate Project Framework
in global organisations
Unique challenges
Projects vary in type, size and complexity, ranging from new builds and refits, to major interior overhauls and facilities management – and often involve a mixture of these elements.
Raises three key issues:
> How can you keep information up-to-date and available inone place?
> How can you manage workflow and provide the right information to the right people at the right time?
> How can you use a single framework to design the governance processes and life cycles over such a wide range of projects?
Implementing an effective Corporate Real Estate Project Framework in global organisations
Complexity is the normProjects go through differentstages and it is not uncommon for differentparts of the project to be at a different level of completion
There can be thousands of tasks and people to manage
Typically, a project begins
with capturing the client brief, getting sign-off on the budget and going through feasibility studies, design requirements and due diligence
Then there are the various approvals to manage, and the plan to execute
Then managers need to go through all of the various tendering processes for each contractor
After all that, the actual work of real estate project management begins
Implementing an effective Corporate Real Estate Project Framework in global organisations
Typical hurdles
Lack of accurate information across the portfolio, making decision-taking difficult
Working with groups across different global locations and time zones
Ineffective collaboration and communication between workgroups
Poor governance structures and processes which lead to delays in approval, sign-off and decisions
One-size fits all PPM templates that do not allow the user to design a suitable life cycle for each job
Operating under a flat or declining budget, often for a growing real estate portfolio
Generating efficiencies
Implementing an effective Corporate Real Estate Project Framework in global organisations
Collaboration is key
Projects are generally managed by real estate services departments orspecialist project managers
But given the size of many projects, managers need to be able to communicate and work with awide range of other professionals across projects and time zones
That means having timely, accurate information for each project at your finger-tips that you can trust and share easily
Implementing an effective Corporate Real Estate Project Framework in global organisations
How CQC can help?
CQC’s Corporate Real Estate Project Framework addresses these challenges and that works with any PPM software
CQC’s Corporate Real Estate Project Framework keeps the management of portfolios, programmes and projects in one place
Provides management with up-to-date information through easy-to-use reports and dashboards
Gives the project manager complete control over the governance structure for each job
Keeps the auditors happy because they can see how decisions have been made and budgets controlled
Implementing an effective Corporate Real Estate Project Framework in global organisations
Overview of CQC solution framework based on standard PPM tool
Implementing an effective Corporate Real Estate Project Framework in global organisations
Work off the same pageCQC’s Corporate Real Estate Project Framework organises projects into tasks with responsible parties and due dates, soeveryone can see at a glance who needs to do what
Users have an up-to-date, executive-level view of portfolio, programme, andsingle and multi- phasedprojects
It allows management and the entire team to see the status of all projects across departments, clients or workgroups
External suppliers, programmegovernance officers, facilitiesservice delivery managers, andothers can see the same pageand adjustments can be made instantly, if needed
No one needs to be in the dark over what they need to do next, or what stage the project has reached
Implementing an effective Corporate Real Estate Project Framework in global organisations
Enhances proactive managementFacilitates key milestone management, covering planned,projected and actual dates, helping solve project issues proactively
Allows review of actual progress and can adjust schedules dynamically
Managers can store a wide variety of project attributes and data and use dashboards to review project data, enabling planning and decision-making
Provides view-at-a-glance key performance indicators of project metricsand uses data filtering to access relevant,hierarchical reports and track the statusof governance
Provides the flexibility to choose the tasks and deliverables for each project to suit its size and complexity
Helps with the governance of workflow, providing flexibility over which steps need authorisation from which workgroup
Make changes to budget and cash flows dynamically
Implementing an effective Corporate Real Estate Project Framework in global organisations
Why choose CQC’s Corporate
Real Estate Project Framework?
Enables project managersto keep on top of multipleprojects through asingle dashboard
Makes accurate and timelycommunication with globalstakeholders a reality
Developed in collaborationwith real practitionersto enable industry best practice
Utilises standard PPM tools, so new investment maynot be necessary
Integrates easily with software such as SAP, SharePoint, so previous investment is not lost
Provides a return on investment usually within ayear
Implementing an effective Corporate Real Estate Project Framework in global organisations
Next steps
CQC can help you to manage a Corporate Real Estate Project Frameworkimplementation either in part, orfrom start to finish, by:
Assessing the best fit between what you need and the framework, and tailoring it to meet your specific requirements
Using your existing PPM tool, or helping you to select an appropriate alternative
Working with you to roll outCQC’s Corporate Real Estate Project Framework and providing training toensure maximum adoption
Helping load your data, wherever it sits
Making sure that you get the planned benefits
And, after everything is up and running smoothly, we canprovide support to cover thewhole of the framework solution at whateverlevel suits your needs
Implementing an effective Corporate Real Estate Project Framework in global organisations
Any questions?
Implementing an effective Corporate Real Estate Project Framework in global organisations
top related