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Of pressing concern to the CFO of our client hospital were the spending issues and schedule ...
Of pressing concern to the CFO of our client hospital were the spending issues and schedule
slippages of internal implementation projects--issues that he felt contributed to the
current cash flow problem of the hospital that would grow to an even greater problem if
EMR capabilities weren’t fully implemented and operational by 2015. The CFO solicited
external help to 1) validate why there has existed such a level of overspending and
schedule slippage on projects, 2) propose a recommendation for solutions, and 3) change
the existing process to ensure better project budget and schedule control in the long run.
Successful Projects For Leaders (SP4L) had been hired as a consultant to assess what
went wrong with that implementation and to improve how projects in general would be
conducted so that it could move forward with the EMR project successfully. By using a systematic approach, we identified several areas in the project Initiation-Planning-Execution-Control-Closing process that needed modification. The net result is
better project cost and schedule performance, leading to better cash flow budgeting and
planning, with an expected savings of more than $350,000 annually as well as improved
acceptance and ownership by the end-users. Based on the proactive response to their
issues, the CFO, CNO, and PCCs are satisfied and are serving as excellent centers of
influence for the rest of Senior Management and the nursing staff, respectively.