Having reorganised its project management system, UAB Alna Software, individual software solution company, increased its annual productivity by 12.5 percent. Having invested approximately 0.5 million litas in the new project management model last year, the company expects to increase its work productivity by 15 percent this year.
UAB Alna Software (AS) belonging to Alna group of IT companies emphasises that upon introduction of the critical chain management methodology the number of projects completed prior to the set deadline has increased.
“This management model is not widely applied in Europe, and is more popular in the United States. It is different from classical project management, as the selected methodology is not aimed at the maximum precision of planning prior to the implementation of a project, but rather at the minimisation of time spent on planning and reacting during the process,” Alna Software director Artūras Gruodis explained.
Implementation of the new management model cost the company approximately 0.5 million litas. According to the preliminary data, last year the company increased its revenue by 45-50 percent, whereas its turnover exceeded 18 million litas.

Ensures timely completion

According to Mr Gruodis, global trends demonstrate that only 44 percent of all projects are completed by the set deadlines, and that the projects not completed on time on average require 3.2 times more time than planned. Traditional project management models do not take into consideration the contingencies and the impact thereof on the project progress, and deadlines are not met due to reasons which are impossible to foresee.
Lithuanian Project Management Association (LPMA) spreads advanced project management experience in Lithuania.
According to LPMA president Dr. Alfredas Chmieliauskas, project management capacity research results show that Lithuanian companies demonstrate the worst results in the areas where a number of projects are undertaken simultaneously. For instance, while management of single projects at the studied Lithuanian organisations was on average rated by 3.02 points out of 5, the evaluations of program and project portfolio management were considerably lower – 1.05 and 1.73 points respectively.

By Verslo Žinios