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Jun

NOVACES presented on Wednesday, June 11 at the 2014 Project Management Symposium, sponsored by The Project Management Institute’s Silver Spring Chapter. Their presentation, Taming the Chaos in the Annual Capital Budgeting Process with Multi-Project Critical Chain, was presented by Hilbert Robinson and covered the use of project portfolio management and critical chain concepts to improve the management of maintenance and capital improvement projects at a non-profit medical center.

This presentation is based on a case study with St. Alexius Medical Center in Bismarck, North Dakota. NOVACES worked with St. Alexius to implement BeingManagement, a project portfolio management solution that enables an organization to increase productivity, improve on-time completion reliability, and produce more accurate forecasting.

St. Alexius Medical Center is a 306-bed, full-service, acute care medical center offering a full line of inpatient and outpatient medical services, including primary and specialty physician clinics; home health and hospice services; durable medical equipment services and a fitness and human performance center. Since the hospital’s founding in 1885, St. Alexius Medical Center has been serving residents of central and western North Dakota, northern South Dakota and eastern Montana.

The result of this implementation has allowed St. Alexius management a much improved line-of-sight on project delays, and the ability to better prioritize which corrective actions need to be taken to protect cost and schedule requirements.  When asked about his impressions of the outcome of the project, Mr. Robinson responded, “An important result is improved coordination with the construction trades which has produced for St. Alexius significantly more value and predictability from its investment in the capital projects – the chaos has truly been tamed.”

Those interested in receiving a copy of the presentation can send a contact request at www.novaces.com/contact.