Category: Project Management (Page 2 of 2)

PKF IT Opportunities

One of the main reasons we moved the IT advisory function out of internal audit was the fact that IT encompassed so much more than just doing an audit.

I believed in the exponential growth of IT based on the simple belief: IT is integral to efficient and effective businesses. Businesses that do not leverage on IT will go nowhere. So it only makes sense that IT will get more complex and more critical as each year goes by.

Back in 2010, PKF Malaysia realised this pattern. By staying stagnant and doing what the other firms were doing: Internal Auditors doing IT audits, we were going to simply die off. The first thing we realised was that, while Internal Auditors were OK doing IT audits, these were two different animals. We didn’t want to do checklist audits. We didn’t want someone  doing IT audit who didn’t even know what the heck was an AAA server or how to do a simple VLAN config on a Cisco router. We didn’t want someone who would go up to the Audit Committee, put someone else’s career at stake by giving ridiculous recommendations and reports, based on ‘previous experience’ and ‘industry best practices’, when they don’t even know head or tail on what Active Directory is used for, or what’s the basics of DNS poisoning or IP spoofing. We needed serious technical people who have been on both customer and consulting end, and we needed to separate from the Internal Audit group….simply because we want an audit to be done differently.

We moved quickly into ISO27001 (ISMS) and PCI-DSS, we went through ISO27005 for risk assessment, we did COBIT 4.1 training and enablement and got everyone at least CISA certified. Most of us, like me, have multiple certs, for instance in IT forensics, IT ethical hacking, IT management, Project management and so forth.

We moved quickly to become MSC status to be a serious player in 2011, and we started strategic collaborations for different purposes. We joined workgroups with government and private agencies, opening channels to MOSTI, MIMOS, Bank Negara and so on, to conduct knowledge sharing sessions. For free. I am a great believer that contribution back to the industry should be done as part of our professional duty, and not as an engagement service.

So here we are, at the precipice of change. PKF itself has undergone some tremendous changes over 2012 and 2013. This week, we had our PKF Asia Pac Conference, where different countries got together, to explore different areas and opportunities. We’re excited, as we see the work we’ve done in the past 3 years to build our knowledge and reputation, possibly coming to fruition. I am also a big believer that PKF requires an IT function regionally. There should be a Center of Excellence, not just to do IT audit but to do Technical Services like penetration testing and forensics, or troubleshooting and service management; and also project management.

This is where we are. We still have a long way to go, but with the extension of our services into the other firms in PKF, we’re set to stay for a long while.

Here is the link to the presentation we did to the other PKF Firms last week.

PKF Avant Edge – Partner Presentation

Our Project Management Services

Over the weekend, the team sat and brainstormed on some of the typical project situations and the impact arising, that makes project management so critical.

Efficient and responsible project management is key to any successful enterprise delivery.  No matter how carefully planned a project is, without the competent supervision and coordination of all phases of the project implementation, a project is likely to become a headache.

The use of project management support techniques gives better initial planning and assessment risks by providing a greater chance of forecasting problem areas while there is time to take corrective action.  This also allows flexibility for alternative modes of operation.  The project management services offered by PKFAE concentrate on three prime issues of managing time, cost and resources.

PKFAE’s Project Management Philosophy behind every successful on-time project delivery follows these important aspects:

  • Providing expert advice from day one
  • Setting clear objectives and a defined scope
  • Supplying crucial resources where and when required
  • Using a structured process for managing risk
  • Tight control on project budget
  • Management of communication between all users
  • Performance measurement through KPI(s)
  • Delivery of the project on time, on budget as originally intended

PKFAE has the experience to meet the challenges of any project management that a company is undertaking  locally and nationwide.  Some of the delivery services on offer include:

  • Project Planning:  The process of establishing the terms and reference of a project plan, scope of work, objectives, approach as well as defining criteria and the measurement of success.
  • Project Management: The availability of a project manager with relevant skills and experience to take responsibility for the management of the project.  This includes resource planning, project development monitoring, project budgeting, risk mitigation and escalation.
  • Post Implementation Review:  A review upon project completion to provide clarity on the overall project delivery as well as outlining learning points gathered during the project and making recommendations on improvement.

Whether you are embarking on a migration project, a system cleanup project or even an evaluation of new IT investment project; project management must be integral. It must provide an independent, non-biased, business side view of the efforts and report without partiality. It’s not to say that every project with project management becomes automatically a resounding success; but it’s better compared to projects without any management at all!

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