Effective program management requires
integration of capital planning and investment control
activities.
Project Masters provides you with a full range of capabilities
to help you with all your capital planning and investment
control (CPIC) processes.
Government organizations need
a systematic way to make logical information technology
investments. Project Masters applies capital planning
and investment control tools and techniques consistent
with Office of Management and Budget (OMB) and Clinger-Cohen
Act requirements.
Project Masters’ CPIC approach leverages
best practices and employs methods that take into consideration
strategic mission alignment, organizational policy (including
change management), baselines, and functional analyses results
when conducting cost/benefit analyses. Risks and alternatives
are factored into the process to determine overall viability
of the effort and ascertain the most feasible approach.
Correlation to GPRA, PART reports and other performance-based
methods is established to articulate investment benefits.
Acquisition strategies and resource requirements are examined
to formulate the business case and summarized business case
results through creation of capital asset plans (i.e. Exhibit
300s).
As part of its CPIC process, Project Masters
integrates information technology and program investments
with performance-based service contracting to link project
outcomes to strategic goals. Our results-oriented approach
enables bi-directional traceability between business cases
(including Exhibit 300 business case summaries) and Performance
Work Statements (PWS) or Statement of Objectives (SOO).
Organizations benefit from our integrative approach by
saving time, money, and avoiding typical programmatic
issues that arise from blurred “lines of sight”.
Once selected, Project Masters’ certified
PMPs control investments to assure delivery of planned benefits
and results. The tools and techniques used include use of
the Project Management Institute’s project management
practices and principles, Earned Value Management, and Operations
Analyses for consistency in project management and reporting.
Lessons learned and project outcomes
are evaluated to gauge the degree of compliance in producing
actual benefits based on costs and schedules with planned
work. The knowledge gained feeds back into the overall CPIC
process to mature an organization’s project management
capabilities and investment decision making process.
