AS 4817

Organizations that conduct large-scale projects pull together many diverse stakeholders. Despite implementing stringent objectives, there are many examples of commercial projects where combinations of external or internal drivers have ultimately threatened the financial viability of the project.

Organizations can now minimize these destabilizing factors within their projects by implementing a practical and performance driven management process. This approach is known as Project Performance Management (PPM). PPM is based on the principals of Earned Value Management, the modern approach to measuring the value derived from progressive project expenditure.

Recognizing that effective PPM practices support good economic performance and industry credibility, many organizations are seeking to have their systems objectively assessed (certified) against recognized Project Performance Management Standards such as AS 4817 and ANSI/EIA 748.