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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