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Thursday

Project Funding Process and Control


Interesting times for me right now on the current client I am with. I am working for the finance division looking at the funding process for projects. However, the technology (CIO) group has suggested their own process for this and currently both organizations are fighting over who will have control over the project funding and selection process. I have been on both sides of the fence before and its interesting to see how political this is getting, rather than focusing on the underlying principle of what is the simplest process that will bring the best return on investment and benefits for the organization. I see this time and again at big organizations and I guess this is what creates more work for me!

Your thoughts on this?

5 comments:

Ross Holman said...

Is this 'funding process' for all projects or just IT projects? If for IT projects, the CFO and CIO need to discuss one on one and see if they can arrive at a decision.

Another way is to get another business executive involved that uses most of ITs project resources - he/she becomes the customer in the process.

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