Spain has been granted 140,000 million euros from the Recovery Plan for Europe Next Generation EU. Being this help absolutely necessary under the current economic crisis, we should not afford wasting it, as we will do if there are not enough proposals, if grant approvals are late, or if projects are poorly managed and do not meet their final goals. A recent report warned about this risk, given the Spanish track record on effective execution for the available European funds.
“How will Spain do now, with a funding budget four times bigger?”
It is expected that the different administrations –state, autonomic, local– will implement mechanisms to optimize projects governance. It is also expected that the current agencies –Enisa, CDTI, Red.es, etc.– will commit much more resources.
Besides, new agencies –public, private, mixed– are to be created.
All these supervising agencies will start improving coordination to make approvals more agile. Later on, they will face the big issue with certifications.
“When a highway is done, for instance, this is easy to check. It is quite more complex, though, checking 5,000 solar panels are installed on individual houses”.
Out of the 140,000 million euros already granted, 54,000 million must be committed to execute before 2024. Assuming an average grant per project of 500,000 euros, could we estimate we need to start managing over 100,000 projects during the next 3 years?
In order to manage this huge complexity, we need to implement two complementary strategies:
The first strategy will enhance the role of the professional project manager, but it will also require changes in organizations to accelerate digital transformation, to use methodologies sanctioned by the EU, and to collaborate in projects from different roles.
On the other hand, the investment on project management technology will increase the use of PPM tools, such as PMPeople. The current state of technology is good enough to meet most of the nonfunctional requirements, such as scalability –thousands users, thousands projects–, security –secure access to documents, recovery backups, etc.–, usability –user experience, impaired people, web+mobile apps, etc.–, integration with other tools, etc.
However, the big challenge to PPM tools is on functional requirements for each group of stakeholders, precisely those requirements related to avoid bureaucracy –documentation, processes, decision communications, email, etc. – and to provide real time project performance monitoring.
Let’s see how PMPeople tool can solve many of these functional requirements:
PMPeople stands for “people collaborating on project management”. Organizations in the Project Economy can easily go digital with PMPeople. Get your projects professionally managed by people collaborating online using different roles.