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A new project requires careful planning if you want...
…to transform a good proposal into financial success.
Good projects may fail due to a number of reasons, notably lack of planning, lack of commitment, inadequate financing, poor communication, unclear accountabilities, no contingency plans and poorly defined or over-ambitious targets
When clients come to us for assistance with their projects our approach is always simple. We start by first studying the project’s feasibility, to see whether the project is reasonable expected to leave a healthy return on investment. After addressing any potential risks exposed by our analysis with client we proceed with our four-stage approach to project planning:
Definition - defining the project, resources and success criteria
Implementation - prioritizing, scheduling, allocating responsibility
Monitoring - performance reporting, communication and feedback
Review - change and adjust as necessary (change is not a sign of failure!)
At Grant Thornton we do not discard good ideas, we build on them. We understand the meaning of entrepreneurship and know for a fact that succeeding in business requires the courage to change and innovate as and when necessary. Planning projects together with our clients and seeing them through to fruition are among the most gratifying aspects of our work.
Contact us about Project Planning
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