Project Management is essential for any organization’s success, yet the message is not often realized. Studies cite decline in completed projects within budget or meeting business intent. Power skills such as communication, problem solving, collaborative leadership and strategic thinking are at the heart of leading successful teams, engaging stakeholders and overcoming project challenges.
Industry analysis reveal that the average cost overrun for projects is 189% of their original estimates. Conversely, mature Project Management skills and processes lead to 40% more initiatives delivered successfully.
Leading organizations are effectively executing an intentional integration of business change management and project management. Working in tandem they typically exceed project objectives and higher change management effectiveness by having a human-centered approach to implementation.
A global 2017 study among respondents from across industries, revealed that 50% of participants who integrated Project Management and Change Management met or exceeded project results and outcomes compared to only 35% who did not.
A PMI survey of over a thousand project management professionals and interviews of top CEOs and PMO leaders revealed that the ability of projects to produce intended business benefits is just as important as whether they come in on time and on budget.
Organizations that mature their project, program, and portfolio management practices to better align work with strategic goals and focus on realizing benefits see 50% more of projects meeting original goals and business intent.
Too much Work in Progress (WIP) overload at the portfolio level OR a visible project with financial or market consequence that has failed badly usually serves as a catalyst to pivot and pursue improved project delivery capabilities to remain competitive. Key mindsets are focus and strategic alignment, so investment decisions maximize value delivered to stakeholders and customers.
Portfolio management practices leveraging Lean-Agile thinking, a portfolio organized around value streams that deliver a continuous flow of value, and well defined PMO levels of service can yield superior economic value. A 2013 PMI study showed that PMOs strategically aligned with executive management produced revenue growth and increased margin through strategic project selection.
Therefore, the decision of PMO levels of service whether supportive, governance or directive and its span of control whether tactical or strategic are vital steps in elevating the role of the PMO to drive business success through consistent delivery practices.
for single or enterprise-wide technology projects to enhance your project and program performance and increase the probability of their successful completion whether the focus to achieve lasting value entails a business transformation, a technology initiative, or a regulatory compliance. We are skilled at managing Annual Operating, Merge & Acquisition or Carve-Out projects.
to assist you with the launching or re-establishment of project management offices. As there are many potential roles for PMO’s, we can help your organization mature your project, program, and portfolio management practices to align your project implementations to strategic goals and generate lasting business value, improve stakeholder communications, or build consistent project management processes to achieve predictable results.
when requiring ongoing support and making continual improvement to your business through projects showing moderate complexity.
when you face an inflexion cycle that requires special talent to either intervene to address an ailing project with market consequence OR partner with your leadership to navigate the next phase of growth but may not be advantageous to build or scale your Project Management team or Project Office.
Enterprise Impact from Selected Engagements
Enterprise Impact from Selected Engagements
Enterprise Impact from Selected Engagements
Enterprise Impact from Selected Engagements
Project For Profit
Project Management in the Professional Services arena calls for a different mindset when leading implementations on behalf of the client. These are not the typical enterprise type but rather projects for profit and it is about the business of commercial project management when a Project Manager and a team of practitioners are contracted to implement a solution, and at the same time make a profit.
To support you in your Professional Services endeavors, we take a leadership role in crafting an appropriate Statement of Work that captures activities, roles, and deliverables to lay the groundwork for a well-executed project plan.
As an extension of your staff, we also lead your team and gracefully intervene when the sales of professional services must be both profitable and capable of delivery, especially when failing projects may be eliminating the profits of future ones.
Optimal Alignment to Business Strategy
Recognizing that in average, 43% of projects experience uncontrolled changes to scope and only 67% meet original goal and business intent, we apply our extensive experience and gain your trust to deploy smart, simple, and repeatable processes for initiating and managing projects with an effective transition to business owner and operations. We are positioned to drive product and services more successfully, enhance your brand, reduce operational cost, and increase employee satisfaction that adds value to the organization.
We are also adept at helping you lead people through change with proven approaches to achieve active and visible executive sponsorship, structured change management, integrated engagement with project management, open and frequent communication, and engaged employees and middle managers.
Scope, Type and Function. Customer-facing or Business-facing
Given that executives see the PMO as a business differentiator we are skilled at boosting adaptability so your PMO can support expanding demand and staying relevant. An optimal project portfolio that is aligned to business strategy can assist in elevating your PMO to a strategic level. A PMI/CIO Magazine Industry survey found that “project success rates improve by 65% when managed with a mature, effective PMO” aligned to company’s strategic goals. We can also help you establish the most appropriate PMO framework to effectively manage and support your portfolio: from idea generation to pipeline to benefit realization.
With an average 30 years as practitioners and project advocates, we bring a practical way to communicate and get buy-in on the business value of Project Management, Portfolio Management, Lean-Agile practices, and Business Change Management.
Just as graphite has a versatile range of uses such as writing instruments, electrical conductor, or lubricant, we can discern the most appropriate approach, method, tools, and techniques to deliver projects tailored to your circumstances. We have been trusted in the successful planning and delivery of strategies and solutions to drive transformation, operational excellence, project performance and revenues.