Building Knowledge Nexus

Project Assessment and Assurance

• How do you know if your business or project is really on track against your targets or heading for failure?
• If you are off-target, how do you know where, why, how far and for how long?
• More importantly, how do you get back on target and realise optimal value?

How does BUILDING KNOWLEDGE^TM assess projects?

BUILDING KNOWLEDGE^TM offers a range project assessment tools to provide you professional, independent assurance that you are obtaining the optimum value and benefit from your projects:

BUILDING KNOWLEDGE^TM combines specific industry skills with strong business focus to work with you to develop effective solutions to your project challenges or exploit opportunities identified through the course of the project.

So, what type of assessement should I consider?

Different types of assessment should be considered during different stages of project progress or for different project types

1. Start-up Assessment: This type of assessment reviews the business justification for the project and how the project fits your business strategy before you get into the meat of the project. Find Out More...

2. Project Assurance (or "Project Health Check"): Have you found yourself committed to funding rework, additional activities, fire-fighting unanticipated risks and struggling to cope with an overwhelming pace of requirements change? Project Assurance is a form of assessment can be undertaken at any stage of a project to independently check and confirm the continuing viability and progress of your project. We develop a specific assessment plan with you, relevant to the stage of the project. Find Out More...

3. Project Completion Assessment: This is carried out at the point when the project claims to have met all its deliverable objectives and completion criteria. It asks questions and measures such items as "has the project been satisfactorily closed off?" and "has expenditure been finialised and fully accounted for?". Find Out More...

4. Post-Project Review: For an organisation to develop its competencies in managing projects, it is necessary to capture “best practice” from completed projects and embed this knowledge into your “organisational memory”. The results of this review is transferred to staff in such a manner to ensure that organisational learning takes place effectively to the benefit of your future projects. Find Out More...

5. Knowledge Audit: A Knowledge audit is a formal process used to determine and evaluate how and where knowledge is used within your organization. It looks at information capture, dissemination patterns, identifies bottlenecks and blockages where neccessary information and knowledge is not being transferred. No matter how well your business is running this form of audit is always valuable. The results are often surprising! Find Out More...

Like to know more?

If you would like to discuss your specific situation and the best assessment type for your needs in an informal, confidential and totally free brief consolation, please contact us by email or call +61-(0)401-010-202