When at the enterprise project management level, more is demanded by the project manager. Because of the vast financial resources that are placed into this type of venture, the delivery of the projects deliverable must be on time and in budget so the expectations of the shareholders are met.
The use of enterprise project management programs is on a larger scale than what was expected from a project in the past. This has come about because the market has changed. No longer are businesses just worried about supplying their local communities with a product that is of better quality than their competitor, if one exists. Today business are participants in the global market that has stiff competition from other parts of the world.
The use of enterprise project management is necessary to help even the playing field with your global competitor. In every part of the world, the competition has certain advantage that only exist there. In the Far East the advantage is the low cost of labor. This allows many of the products that are produced there to have a lower cost and more profitable for the companies there.
To stay competitive you can use the enterprise project management process to increase the efficiency of producing your deliverable thus lowering your costs. This reduction in cost of your products along with making more of them faster will allow you to modify the deliverable quicker if the market demands changes.
The enterprise project management helps your company also follow the global industrial standards that many countries require in a deliverable and how they are produced. As an example to sell in the EU a product must be made in an ISO certified facility. Without that certification, even an extremely low cost product will not sell.
The use of enterprise project management level systems is for use on a large and global scale. It allows for a great return on investment while still meeting the requirements of the market place. This is one of the project management tools that can help you meet the needs of the ever changing global market and out preform your competition.