By Melissa Centurio Lopes on Nov 26, 2013
Written by: Paul Bender – Director, Public Administration Strategy, Oracle Primavera
Whether focused on infrastructure, public safety, healthcare or education, public sector organizations face some common and complex challenges in today’s environment, most related to limited funding, oversight and transparency and the increasing and immediate demand to construct new or upgrade existing systems and services.
Public sector entities—and their engineering and construction consultants— must find ways to operate within the given budgets while still meeting the growing needs of constituents.
These entities must answer pointed questions: Given the present budget environment, how does a public works agency determine which program(s) to terminate or downsize to avoid minimal disruption to citizen services? How can an airport authority develop better program oversight and transparency? Is a university system able to model program and portfolio risk so it can create contingency plans? Are there ways that every public entity can reduce waste and inefficiency through better contractor/vendor management?
No doubt, technology tools can help. Today’s program management solutions, in particular, can help any organization determine where to invest capital that drives greater constituent or agency value, captures inventory for projects and programs, provides oversight for mission objectives…or all of the above.
Program management technology is an enabler designed to improve strategic investment decisions around resource allocation and maintenance. It’s the foundation for facilitating the three strategic drivers—financial discipline, operational efficiency and risk management—that characterize the success of any business regardless of size, scope or market segment. Using technology to enable these three strategic drivers will drive better coordination, compliance and control so that public sector entities and their E&C teams can meet the demands of constituents, stakeholders and regulators in a timely, affordable manner.
Already airport authorities, transportation agencies, universities, healthcare systems and public works organizations have applied program management solutions to make the most of limited funding, meet oversight and transparency metrics and reduce waste and inefficiency.
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