The Project Owner is the SMS group’s point of contact, representative and responsible towards the Project Manager. He builds the steering interface and link between regional-, line- and project organizations and therefore, represents the company's interests in regards of the project. Acting as a “global entrepreneur”, the Project Owner has full profit and loss accountability and is therefore accountable for project delivery end-to-end (starting in the sales phase and ending with the project closure). The Project Owner is representative of the regional management in the related project during project execution and has the right to take final decisions on all subjects that affect the interests of the projects in his accountability. The Project Management Team, however, leads operational decisions.

Project Owner is part of the internal project organization and reports to the regional management.

• Full profit and loss accountability (incl. project gross margin) for the full project scope delivery end-to-end from project start phase, project controlling to project closing, regardless of the involved stakeholders
• Non-delegable duty of supervision and monitoring of project HSE
• Point of contact in case of decisions required by the project team or whenever any issue need to be escalated and require resolution not achievable on project team level
• Ensuring empowerment for the Project Manager and/or Contract Manager and protecting the project team from organizational interference(s) hindering project progress
• Authority for strategic project decisions touching SMS group’s overall strategy and interest (e.g. claims vs new business opportunities)
• Establishing of the framework conditions to enable attainment of the desired project success and guarantee a proper handover and project start-up and planning
• For assuring provision of adequate resources from the line organization and setting of respective organizational parameters incl. application of existing processes to ensure a uniform project quality
• Assist Project Governance in ensuring a global standard of project steering and controlling for the assigned project portfolio in his area of accountability
• Responsibility for conduction of a sustainable Lessons Learned process within the projects and ensure the transfer to and consideration within the line organization incl. highlighting of focus areas for improvement of the collaboration between project stakeholder (e.g. CoE, PGO, etc.)