Project Portfolio Assessment – Improvement

Purpose

Benefits

Who needs a Project Portfolio Assessment and Improvement Service

 

Purpose

It has been shown across the industry that many projects experience significant problems for varying reasons and that risks varies wildly across any project portfolio. Project Management Offices typically have a portfolio of projects in varying phases of execution some of which they have inherited over time. The ability across project managers is very uneven and therefore it is difficult to get meaningful status and accurate risk assessment portfolio wide.

The purpose of the Project Portfolio Assessment and Improvement Service is to assist clients to assess the overall health of the project portfolio, evaluating risk, performance, change control, issue management, and status. In collaboration with the client, select a representative cross section of projects to be assessed. Assess these selected projects identifying pragmatic, implementable actions to improve their performance. Provide a holistic overview of the health of the portfolio.

Benefits

  • Holistic overview of the health of the portfolio:
    • Maturity of project management staff
    • Consistent application of standards, methods and tools
    • Project governance
    • Project risk potential
    • Project communications and reporting
  • Understanding of which projects need management attention
  • Collaborative review approach that transfers knowledge and capability to your organization
  • Rapid, independent evaluation of real issues and problems affecting projects

Who needs a Project Portfolio Assessment and Improvement Service

The Project Portfolio Assessment and Improvement Service is recommended for organizations that have multiple of the following criteria:

  • Geographically dispersed projects
  • Multinational teams
  • External partners delivering a substantial portions of projects
  • Delivering projects to external clients
  • Global Projects
  • Business critical solutions
  • Dynamically changing organizations or environments
  • Growing project portfolios
  • Project delivery issues
  • Projects that have been in delivery for a long time