Over the coming weeks the Forte Financial blog will feature a series of posts on project management for finance professionals. The posts will include practical project management advice and tips for driving process change using technology. The whole series will be archived here.
The role of finance is expanding beyond traditional accounting and reporting functions to include general management oversight, promoting efficiency, and improving performance. Increasingly, finance professionals are responsible for high visibility projects that reach far beyond treasury, accounting, and reporting. Yet many finance professionals have had little exposure to process improvement, project management, and technology implementation.
Research indicates that the majority of technology projects and change initiatives face setbacks, delays, and cost overruns. Managers are often surprised to learn that most project challenges are related to communication and organizational issues, not technology problems.
This series of blog posts analyzes the cause of common project management challenges and recommends proven solutions that will enable finance professionals to successfully lead their organizations’ strategic initiatives.