Many senior executives and directors wish they could be more confident of successful outcomes from their business projects and programs. These may encompass major business change initiatives, new systems, or other infrastructure investment projects. Yet we know from recent research (the CSC Index/AMA Survey) that 41 per cent of change projects fail - and, of the 59 per cent that 'succeed', only half meet the expectations of senior management.
How PwC Can Help You
Our Project Assurance services are designed to give you - as the project or program sponsor - greater confidence that your business will achieve the outcomes you expect from your change initiatives. We do this by:
- Using our subject matter expertise and knowledge of your business to help you improve efficiency and effectiveness of the project
- Focusing all of the project stakeholders on the key risks and the critical success drivers so that you achieve a “no surprises” outcome
- Providing you with the tools and capabilities you need to demonstrate the effective management of change.
Optimising internal controls
New systems and business processes need to incorporate effective internal controls - the right level of control to address the most significant risks, at the least cost.
Our Project Assurance services also enable you - as the project sponsor - to be confident that processes and controls to be implemented will be both effective and efficient. We do this by:
- Using our expertise in internal controls and knowledge of your business to help you determine the controls which will best address relevant business risks
- Focusing the project team on the key process risks and how the mix of controls may be optimised for efficiency and effectiveness
- Providing you with the tools and capabilities you need to demonstrate the effective design and implementation of appropriate, optimal controls.