Contact us for Training & Education in Project Management, R&D and IT Portfolio Management, Risk Management, and Resource Management. Services in Business Planning, Strategic Planning, Portfolio Planning, Scenario Planning, Asset & Company Valuation, Licensing & Business Development, and Deal Structuring across a wide variety of industries. Operated by Dr. Richard Bayney
We offer solutions in IT Portfolio Management, IT Project Management, IT Project Prioritization, IT Portfolio Optimization, IT Resource Management, IT Business Case, Richard Bayney, Project Management, Portfolio Management, Project Portfolio Management, IT Portfolio Management, Risk Management, Resource Management, Project Prioritization, Portfolio Prioritization, Portfolio Optimization, Asset & Company Valuation, Licensing & Business Development, Deal Structure, Pharma & Biotech, Portfolio Management Workshop, Portfolio Management Seminar, Decision Analysis
PPVC provides Training Services in a variety of disciplines including Project, Portfolio, Resource and Risk Management and delivers Customized Services in a focused spectrum of areas including Enterprise Resource & Portfolio Management and Strategic & Business Planning.
“Strategy without tactics is the slowest route to victory. Tactics without strategy is the noise before defeat.”
A major biotechnology company’s rapid growth led to uncoordinated and undisciplined strategic initiative investments. Lack of Investment prioritization criteria and portfolio management processes were identified as key roadblocks to continued growth.
KEY QUESTIONS
Identify the appropriate business governance structure and process to prioritize investments globally. Determine the criteria for evaluating alternative investments across all divisions.
METHODOLOGICAL APPROACH
Baselined current state (data analysis and voice of customer)
Formalized the metrics to be used to measure on-time delivery, budget and scope
RESULTS AND IMPACT
Defined and implemented the global strategic initiatives portfolio management process including governance body meetings and stage gate reviews
Installation Metrics:
All IT personnel trained on the portfolio management processes
Required documentation for each type of investment at stage gate reviews (+/- 50%, +/-25%, +/-10%) is now provided for all investments before moving ahead
Business governance bodies are providing transparency on investments approval status
Realization Metrics :
Improved on time delivery for approved initiatives (at +/-10% stage gate)
Improved quality of deliverables and achieved a reduction in rework.
