Portfolio Prioritisation focusses on value and improves performance

Chaucer / Chaucer Energy / Case Studies / Portfolio Prioritisation focusses on value and improves performance

Our client needed help with:

  • Global IT team managing project portfolio with a significant annual value to the organisation.
  • Initially using a mixed team of contractors and consultants.
  • Lacking visibility across project portfolio.
  • Lack of confidence in Management Information to aid decision making.
  • Looking for efficiencies and process improvements.

Our approach:

  • Consultancy services to design pragmatic and practical processes.
  • Substantial streamlining of monthly CIO-level review process and meeting.
  • Establishment and running of Portfolio as a managed service.

The results:

+40%

Improvement in financial forecasting accuracy (compared to previous year)

-28%

Reduction in cost across the portfolio

-55%

Reduction in workload to produce MI and content for CIO

How we delivered these results:

  • Standardised tracking and reporting tools implemented.
  • Monthly and quarterly project cost tracking, including closing-out year end in-line with forecast accuracy targets.
  • Systematic prioritisation of project portfolio.
  • Project demand and capacity management.
  • Continuous improvement focused in reporting and decision making.
  • Project interdependencies and interfaces managed.

If you think we can help you to implement your project or programme strategy, please call us on:
+44 (0) 203 141 8400 in UK/Europe, or ​​​+1 713 821 1783 in the USA.

Alternatively, please send us some brief information and we can discuss things in more detail.