Portfolio management is the selection, prioritisation and control of an organisation’s projects and programmes in line with strategic objectives and capacity to deliver. The goal is to balance change initiatives and business-as-usual while optimising return on investment.
Project Parker has experience in the creation, management and closure of portfolios and is able to offer these services in both a consulting and contracting capacity as outlined below.
Understanding what the benefits to your organisation will be is key to being able to define and deliver a successful outcome. It is often said projects deliver work packages (deliverables), where programmes deliver outcomes. What outcomes are these and how do these benefit the organisation?
Project Parker offers consulting services to review the outcomes and benefits suggested in any business case / proposal to help an organisation make an informed decision on whether their construction are realistic and achievable.
Project Parker offers contracting services to help your organisation build the benefits case for a programme of work.
The structure, process, and procedure to control the programme and changes to business operations. Governance must include a set of metrics to indicate the health and progress of the program in the most vital areas.
Project Parker can provide both consulting and contracting services to ensure the governance framework recommended is suitable for your organisational needs, has actually been deployed as well as contractually deploy the governance needed for your programme.
The programme must support the vision and any blueprints created to model the successful outcomes/operating model the programme is to achieve.
If the programme does not appear to be aligning to the vision, Project Parker offers consulting expertise in reviewing the programme’s vision, target operating model and mapping the current programme execution to the target state and recommend focus areas where appropriate.
Project Parker also offers contractual services to deliver the alignment necessary to ensure the outcomes of the projects created will meet with the programmes outcomes and vision.
A programme of work is transitioning the organisation from it’s current state to a future state (Target Operating model). To do this, the organisation must transform specific areas within their business to meet the vision. This change can be significant and requires careful management and the creation of work to transition affected stakeholder groups successfully.
Project Parker offers both consulting and contracting services in reviewing existing transformation plans, as well as delivering upon any recommendations made to manage the transition of stakeholders groups to successfully meet the programme’s goals.
Whilst the governance may create the framework for managing the programme, the execution of managing the programme itself to ensure there is accountability, and that management of projects, stakeholders and suppliers is in place.
Project Parker offers consulting and contracting services to ensure these activities are successfully created and delivered for your programme.
Financial management across the programme is a key skill required to successfully inform stakeholders as to whether investment milestones are being met and to recommend what decisions need to be made should course correction be required.
Project Parker offers consulting services to introduce/review financial frameworks in place and recommend areas for improvement where required.
Project Parker offers contractual services in creating as well as managing programme financials as part of any programme level engagement.
Managing resources and investment across the programme to maintain progress is key to successful delivery. Couple this with planning and the appropriate forward thinking culture can ensure the programmes capacity is capable of meeting the outcomes within the timeframes planned.
Project Parker offers consulting services to review capacity plans in place and recommend areas for improvement where required.
Project Parker offers contractual services in creating as well as managing capacity frameworks as part of any programme level engagement.