Project Management in Private Sector Versus Public Sector

Program and Project Management

Best Practices

Sign up

John Edward Griffiths
Manager, United Kingdom

Project Management in Private Sector Versus Public Sector

What are the differences and similarities expected of project managers in the private sector versus the public sector?

  Craig Zimmer
Project Manager, United States
 

Project Manager Differences - Public versus Private

Both sectors expect COST SAVINGS from their PMO. But the methods of ACQUIRING these savings vary greatly:
- Often within a public sector arena, there are no time tracking programs for sunk cost participants, so costing is guess work. Time spent on an effort might be tracked for some, but not all. As an example, SME's in public sector often have a time tracking system but management does not. Right there, you truly do not have an accurate cost. Also, funding in large public sector projects can vary with each election cycle. Political parties move out, others move in, and priorities change. Sometimes it takes so long to accomplish an original end goal that when it's achieved, it is far behind the market.
- In the private sector, kill points would have stopped the last scenario. Time / benefits are major factors. And costs are tracked much more closely to ensure there is a true ROI for doing the project.
On top of the above, a PM in public sector is often more of a coordinator.

  Michael Holford
Project Manager, South Africa
 

Systems of Processes

I agree with you John that differences exist. Howe (...)

  JWendy Darquee
Project Manager, United States
 

Input to Share About the Dif in Private versus Public Sector Project Management

@Craig Zimmer: This topic is very near and dear to (...)

Participate and leave a comment
Exchanging your ideas stimulates your personal and professional development. And you can help other people! Please motivate your point of view. You can still edit your comment for 3 hours.

Start a new forum topic

 

More on Program and Project Management
Forum
Project Success Factors
Objectives of Project Management?
Project Expectation Management
Measuring the CUSTOMER Outcome of a Project
Projects are Primarily Social Systems
The Relations Between Project Management and Selling
Why Soft Skills are Crucial for Project Managers
🔥National Public Projects Implementation System (NPPIS)
The Use of Mobile Devices in Project Management
Community Development Approach
How to Prepare Project Reviews?
Best Practices
The Most Important Thing in Project Management: the Word MANAGEMENT
The 4C's of an Ideal Project Manager
Best Practice: Five Crucial Project Conversations
Don't Ignore the Basics of Project Management
Human Behavior and Project Management
Leadership in Project Management
Project Transition into the Operational Activities
Criteria Program versus Project?
How to Convert a Project into a Road Map for Product Development?
Tracking Policies and Procedures.. Without the Big Bucks
Approaches for Project Downsizing
Project Manager? Keep the BIG Picture in Focus
Project Quality Management for EPC
Project Lessons Learned
Build Project Support first
Creating Ownership in the Project Team
Agile Project Management Methods
Effective Project Communication
What is a Programme?
What are the Basic Steps of Implementing a New Project?
Are Project Managers Born or Made?
Hierarchy in Project Management
Why Project Management? Importance
Priority: Deliver the Project
Delays of Projects Caused by Owner
How to Prepare for PMP Certification?
Project Manager versus Business Analyst
Trends in Project Management Offices
Demography, Ethnicity, and Socio-cultural Factors in Project Management
Project Management in Private Sector Versus Public Sector
Earliest Event Time Definition
What is the Value of PMP Certification?
Notify your students

Copy this into your study materials:

and add a hyperlink to:

Link to this discussion

Copy this HTML code to your web site:

Program and Project Management



About 12manage | Advertising | Link to us / Cite us | Privacy | Suggestions | Terms of Service
2021 12manage - The Executive Fast Track. V15.8 - Last updated: 12-5-2021. All names of their owners.