Project Sponsor

Why do we need this?

Projects are much more complex than they were 5 years ago. The number of electrical outlets on each desk has risen by 500%, the environment and security systems are more sophisticated and value engineering of the base building is making fit-outs ever more complex. Typically a building will need all the services to be upgraded by 30-50% in order to accommodate the new tenant.

More and more projects are over-running on time and cost and it is the client who pays.

The Role

The Project Sponsor’s role is becoming increasingly important on all projects. The role is a strategic one and the job is to focus and assist the Project Manager to complete the project by coordinating the client and ensuring that their part of the process is completed accurately. This can achieve, on its own, a 17% reduction in costs.

He/she is an extra aid and watchdog to the Project Manager. The project sponsor co-ordinates and manages the client (who can be made up of 50-60 individuals working for the client company around the globe) leaving the Project Manager to concentrate on the contractors and designers.

The Advantages

The Project Sponsor is your policeman on the project. A good project sponsor will essentially be FREE because the project savings and improvements in delivery will be far greater than the fee.