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17 Oct 2011

Complex Project Management Global Perspectives and the Strategic Agenda to 2025 - The Task Force Report

Be they troubled defence programs, bungled information technology (IT) projects or unwield infrastructure developments, a host of both public and private sector complex projects have struggled to remain within agreed budgets, deliver when promised and provide specified outcomes. Traditional project management approaches, tools and techniques are inadequate for managing the increasing complexity and ambiguity of our rapidly changing business environment.  Accelerating change is driving the need for industry, government and academia to acknowledge the vital role played by Complex Project Management (CPM) and commit resources to research and improving performance. The application of CPM has the ability to assist organisations and individuals to deliver successful projects. The ever spiralling costs of complex projects can only be addressed through enhanced investment in CPM backed by a robust and well-resourced research agenda.  Traditional project management processes coupled with systems engineering and procurement and supply chain logistics remain the cornerstone of project delivery; however, CPM introduces higher-order concepts required to enable successful performance in more dynamic and emergent environments. CPM offers a systems thinking approach in considering the nature of complex projects against a background of strategy, stakeholder needs and expectations, and organisational and project delivery frameworks.


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