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How to select the right projects and execute them in the most effective way
PPM should be driven by corporate strategy and focused on benefits realization, while being responsive to changing regulatory requirements, customer expectations and emerging opportunities like digitalization.
Your portfolio management and strategic programs have to be organized and managed to meet these challenges. This is where PwC can help.
PwC’s PPM capabilities have been developed to address the most frequent and significant challenges you face when approaching organizational change programs.
We bring the best of our extensive experience, industry knowledge, tailored tools and templates, and specialized professional networks to help you prioritize change activities, execute them effectively, and realize the benefits.
We can help you reduce change management cost while increasing project success.
Our PPM services
Portfolio Management
Portfolio Management enables strategic decisions to be made based on a balance of long-term strategies and short-term imperatives, agile governance and a series of adaptable processes, tools and techniques. The purpose is to optimize investment and project selection decisions and other strategic activity required to achieve strategic objectives.
Common business pressures that serve as a catalyst to evolve a focus on Portfolio Management can include:
- Increased competition forcing companies to lower or freeze prices
- Global/distributed teams creating the need for collaboration
- Lack of available skilled resources needed for projects
- Increasing risk exposure across project portfolios
- New budgets
- New CEO / leadership team C-level leadership
Program Mobilization
Program mobilization is designed to help you set the tone and pace and point the program in the right direction from the outset. Establishing an appropriate PMO that allows a level of control suitable for the complexity of your program. Plus the insight you need to take decisions and ensure your program remains aligned with your strategic priorities.
PMO mobilization allows you to address potential weak areas such as:
- Lack of visible sponsorship
- Not getting the information you need to take key decisions
- Delivery timescales which are unclear and risks are not properly understood
- Alignment with strategic priorities or delivery of expected benefits
- Message confusion about the status of the program
- Agility and speed when reacting to new opportunities or challenges
Portfolio Maturity Assessment
The program maturity assessment (PMA) assesses the delivery capability of a portfolio or program and creates actionable recommendations, specific to the business context. Using PwC’s 12 elements of delivery excellence, the maturity and effectiveness of organization’s program management, governance, delivery and controls can be assessed and actions recommended to enhance the likelihood of success.
The PMA allows clients to understand strengths and weaknesses in areas that can include:
- Why recent portfolios or programs have failed to deliver outcomes and benefits
- Weaknesses in the definition of scope and change control related to alignment with the organization’s strategy
- Inconsistency and a lack of standardized approach to the delivery
- Inconsistent reporting and management information resulting in sub-optimal decision-making
- Current capability to achieve the strategy is not understood
- Overly ambitious strategies resulting in stakeholder dissatisfaction
- Limited oversight of interdependencies and synergies across programs
Delivery
Agile Programme Delivery is a way to thrive together in a world of disruption, where we work together to rapidly create customer value through sustainable new ways of working.
Hybrid Delivery refers to sourcing models that use a tailored blended of on-shore, near-shore and off-shore resources to deliver high-quality outputs at reduced cost and risks. We help clients design, implement and operate these models.
The delivery approaches mean that we work with you to:
- Build trust and new ways of working
- Deliver value at speed
- Recognize that people and collaboration are critical to success
- Take an iterative approach that delivers with flexibility
- Enable your leadership to deliver in an agile way
Program Recovery
Project recovery framework identifies alternative project approaches and strategies, which can place a project firmly back on track and salvage current and future investment. It is the application of a methodical approach to improve the project's longer-term prospects.
A project recovery program can be initiated by a need to address issues of:
- Ill-defined scope and therefore expectations
- Task definition and lack of coordination
- No clear mission - goal, vision, objective or direction
- Missed targets and benefits
- Little recognition of post-implementation benefits
Benefits Management
Benefits management sits at the heart of successful change. It is a proactive measurement activity which focuses on anticipated and opportunistic improvements and returns as you invest in business transformation. Change portfolios, programs and projects are designed to deliver enduring value to an organization in direct contribution to achieving its strategic objectives. The PwC benefits realization approach puts value creation at the centre of the activities around any transformation, rather than as a separate stream of work. It defines all the other elements of your transformation work.
A focus on effective benefits management ensures that:
- The benefits are understood, articulated and aligned with objectives
- There is clear accountability and transparency
- Benefits are achievable and continue to represent value for money
- The focus on, and realization of benefits is not lost with transition to business as usual
Digital
Technology is an important enabler of business transformation. By combining deep business and industry insight with digital innovation, our diverse teams of creative, industry and technology professionals help accelerate the successful impact digital can have. From real-time dashboarding to robotics, PwC can help you select and deploy a range of new technologies.
Digital solutions help ensure that programs:
- Are delivered to budget, time and quality through robust program management toolkits
- Provide transparent and real-time reporting
- Maxmimse opportunities for remote collaboration thus increasing resource utilization
- Are kept on track and benefits are realized
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