Portfolio Management
The secret to a well-run business, especially during periods of significant change, is a crystal clear view of your project portfolio, their independencies, budget and time status.
Our Portfolio Management Solution
It’s a cliché but it’s true: change is constant in business. For companies enjoying rapid growth, or experiencing digital transformation, there are often too many new projects to deliver: all wanted at the same time, with the same set of limited resources – people, time and money. Where to start?
Smart people have lots of ideas, and it’s very easy to say yes until you realise that all your projects are potentially suffering. Are you experiencing this kind of ‘project gridlock’?
The portfolio management experts at Digital Works Group team are experts at helping companies design, set-up and operate an effective Project Management Office. They can help you to get your project portfolio under control – to ensure that you’re working on what will bring the most benefits. Helping you control investment and ensure your projects remain on track. Delivering their commercial benefit at pace. So you can avoid escalating delays and budgets.
We do this by working hand-in-hand with our clients every step of the way, delivered via a proven systematic framework.
1. Objectives
2. Process
3. Assess
4. Embed
Our Proven Portfolio Management Methodology Framework
1. Objectives
Before even looking at the project list we need to identify whether the business has got clear objectives – strategic, measurable, aligned and understood.
2. Process
The prioritisation criteria and process will be fully tailored to the business need, culture and maturity level – whether very simple and people-based or a more analytical scorecard-based approach – whatever is right for the client.
3. Assess
This is the interesting part – applying the agreed criteria to the current project roadmap, and acting on the results. This often means that some projects get re-prioritised or even stopped – in order to focus on the right ones.
4. Embed
The key to success is that this isn’t a one-off exercise and that the Portfolio Management process becomes an integral part of ongoing decision-making. We will roll out and train in the agreed new practices, and hand them over to the client so they can stay on top of their project roadmap.
The benefits
Independent
A true, honest and transparent view of the value of projects, unhindered by any internal bias.
Expertise
Gain the benefit of our accumulated experience of portfolio management in other companies.
Aligned
With a laser focus on your business’s objectives.
Sustained
A clear and communicated prioritisation process will lay foundations for future decision-making.
Our Typical Client
Our Portfolio Management service is for any client with too many projects and lacking a robust process for prioritisation and road mapping.
We have seen specific success in ecommerce, financial services, utilities, charity and not-for-profit, telecommunications and many more.
“DWG supported us with a complex programme of BI projects. Helping us make an informed decision on best BI solution based on clear ROI”
“…This team now forms a critical part of our competitive advantage, as it ensures our projects are delivered correctly and at pace, delighting our customers..”