Successfully reported this slideshow.
We use your LinkedIn profile and activity data to personalize ads and to show you more relevant ads. You can change your ad preferences anytime.

PMSight References

Related Audiobooks

Free with a 30 day trial from Scribd

See all
  • Be the first to comment

  • Be the first to like this

PMSight References

  1. 1. Here are some of the Engagement Successes Paul was involved in while at PM Sight: Objectives:  In 2003, the Nedbank Group’s profits slumped and a turnaroundstrategywas initiated. As part of a three- year recoveryplan, the financial institution’s Strategic Recoveryand TurnaroundOffice (SRTO) adoptedProSight, a portfolio management solution.  The aim was to better integrate, prioritise andalign the financial institution’s strategies, associated projects and management actions.  “We wanted a solution we could configure totally to our requirements;that would enable reporting to all levels – from business management to divisional reporting, board reporting and reporting to major shareholders -- and that could be rapidly implemented. ProSight, despite the steep learning curve it presented, offered these benefits. We had the solution up and running by March 2004, within two months of receiving the software.”  Across the Group’s 13 divisions, the SRTO team identified140 essential strategic management actions, which varied from recovering the performance of products to complex measures suchas meeting Black Economic Empowerment (BEE) requirements. With the strategies identified, the projects neededto reach these goals hadto be established. Approximately four hundredsuchprojects, directed by350 different project managers and affecting the Group’s 23 000 staff were prioritisedand confirmed. Outcomes: The solutionhas assistedthe groupin the achievement of the 81.7% jumpin profits to R3.167-billionjust reported for 2005.
  2. 2. Objectives: - To establish:  A process/frameworkto alignprojects to strategy thus facilitatingproject selection  A process/frameworkto optimise resource utilisation  A process/frameworkthat will provide the right mix and balance of projects andthat will allow for scenario planning  A process/frameworkthat will enable analysisof the value of the portfolioof projects  A single, reliable, visible systemof record for all project portfolio management information. Outcomes:  Recommendation to mature DBCM project portfolio management performance to a Level 2 maturity and lay the groundwork for movement to Level 3 maturity (over the next 24 months).  A detailed Improvement Plan with a timeline of 0 to 24 months was submitted and accepted.  Recommended improvement initiatives targeted to provide solid auditable performance analysis, to provide data to support portfolio decisions and to ensure a visible improvement within thetwo year period.  Recommended an Implementation Plan along with the deployment of the portfolio management tool enabling DBCM to be well on the path to achieving a maturity of Level 2 as short term goal (6 months). Phase 2 to Implement the above was completed in December2006 Objectives: - To establish:  A process/frameworkto alignprojects to strategy thus facilitatingproject selection  A process/frameworkto optimise resource utilisation  A process/frameworkthat will provide the right mix and balance of projects andthat will allow for scenario planning  A process/frameworkthat will enable analysisof the value of the portfolioof projects  A single, reliable, visible systemof record for all project portfolio management information. Outcomes: Project was completed in July 2006 Objectives: - To establish:  An EPMO – SkorpionZinc was lookingfor a strategic partner to outsource their Enterprise Project Management Office  A process/frameworkto alignprojects to strategy thus facilitatingproject selection Outcomes:  Project successfullycompletedin December 2006  Programme Office Controlling and Governance still ongoing
  3. 3. Objectives: - To establish:  A process/frameworkto alignprojects to strategy thus facilitatingproject selection  A process/frameworkto optimise resource utilisation  A process/frameworkthat will provide the right mix and balance of projects andthat will allow for scenario planning  A process/frameworkthat will enable analysisof the value of the portfolioof projects  A single, reliable, visible systemof record for all project portfolio management information. Outcomes: Project successfullycompleted in January2008

    Be the first to comment

    Login to see the comments

Views

Total views

227

On Slideshare

0

From embeds

0

Number of embeds

19

Actions

Downloads

5

Shares

0

Comments

0

Likes

0

×