“A Framework for Caribbean Investigation and Analysis” “New Issues in Integrated Planning and Development in the Public Sector” by: Azad N. Hosein President, Microsearch International , Inc. Project Management Consultants e-mail: firstname.lastname@example.org 1
• • • • • Conclusion An Overview of the Planning and Development Process An Analysis of the Institutional Weaknesses in the Planning and Development Process Recommendations for Improving Economic Performance in Development Programmes A Model for an Integrated Project Management System 2
Why do development projects generally fail to achieve their defined economic objectives ?
The Gartner Research Group (USA) reports that :
“close to 30% of projects are never successfully completed, wasting about US$75 billion annually, and a startling 51% of projects exceed their budget by 189% and deliver only 74% of expected functionality. While these data are astonishing in themselves, the greatest contributor to project failure can be explained by one factor – Poor Project Management”
“Caribbean Governments (and by extension Caribbean organizations) could improve their economic performance in development programmes by strengthening the methods, standards and systems used in their Planning and Development Framework”.
This will provide for more efficient use of capital development funds and contribute to an acceleration of both the pace and sustainability of net economic development in the Caribbean Region” 4
The Strategic Planning and Development Model
CURRENT CURRENT SITUATION SITUATION
FUTURE FUTURE SITUATION SITUATION
STAKEHOLDER ANALYSIS FORCE FIELD ANALYSIS
ANALYSIS OF ASSUMPTIONS
ANALYSIS OF ALTERNATIVES
Major Phases in the Strategic...