PROJECT PORTFOLIO MANAGEMENT

WE ASSIST ORGANIZATIONS IN DOING THE RIGHT PROJECTS AND DOING THEM RIGHT.

Achieve your strategic priorities and business objectives through effective and efficient project portfolio management

We help our clients implement frameworks and practices that enable effective and efficient decision making, thus better managing the increased size and complexity of their project portfolios.

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HOW WE HELP

Our approach to project management is to understand your culture and right-size practices to fit your organizational needs, aligning our recommended structure, tools, and processes with your goals and resources. 

Chmltech can lead your organization in establishing or enhancing an effective Project Management Office (PMO) and build your project, program, and portfolio management capabilities. If time is of the essence, our project management consultant will rapidly install a world-class team to begin adding value on Day One. Chmltech can also help transform your organization using key elements from our proven Strategy Realization Model (SRM), addressing your company's strategic direction, strategic alignment, and strategic execution. 

Chmltech's offerings include the following distinctive services:

STRATEGY REALIZATION MODEL

  • Establish framework, process, and discipline across an organization to accomplish the essential strategic objectives for success.

  • Align finite resources throughout the organization to ensure the most important things get done. 

  • Enable visibility to project and portfolio performance to ensure realization of organization benefits. 

PPM/PMO MATURITY ASSESSMENT 

  • Assess current methodologies and tools with a focus on strategy, project management, PPM, and change management practices through a formal assessment process utilizing seven success factors.

  • Evaluate the effectiveness of decision-making, communication, and governance.

  • Prioritize recommendations and provide a sequenced roadmap for increased growth using Chmltech's proven model.

PPM ENHANCEMENT/IMPLEMENTATION

  • Align portfolio projects to strategic goals

  • Establish/enhance project prioritization and selection process

  • Develop PPM analysis process, including resource capacity and portfolio balance

  • Provide portfolio management leadership

PMO ENHANCEMENT/IMPLEMENTATION

  • Establish/enhance PM processes, tools, templates, and governance

  • Develop project communication strategies

  • Provide onsite PMO Director leadership, including management of PM staff

PPM SOFTWARE SELECTION & IMPLEMENTATION

  • Understand goals and requirements of a new software solution

  • Provide an objective short-list of market vendors suited for the organization, scored for alignment to needs and maturity.

  • Support the end-to-end implementation of PM/PPM software with project management leadership to ensure maximum adoption and integration with other technology. 

COLLABORATIVE PMO

  • Rapidly deploy a fully staffed, world-class PMO that begins adding value on Day One. 

  • Scale up or down, or change direction, based on the needs of the business. 

  • Provide onsite PMO leadership, including management of PM staff, enabling you to focus on your organization's core competencies. 

PROVEN RESULTS

A framework to set priorities, align resources, and execute the projects that accomplish your strategic plans.

Has this happened to you? You spend a week in offsite meetings, planning a strategy that will transform your organization, getting buy-in from key stakeholders and department heads, and revving up the team with a rosy outlook. The next week, everyone gets back to work, doing the same things they do every day, and now they need to make up for the time they lost away from the office. The strategy has already fallen by the wayside. 

If that scenario doesn't sound familiar, perhaps one of these will:

  • A strategy is too broad, lacking real measurements of success

  • Nobody is held accountable for realization of the corporate strategy

  • There aren't enough resources because every project is important

  • Decisions are based on internal politics, bravado, or salesmanship

Having a clearly defined and well-aligned strategy should allow a company to drive transformation in today's rapidly changing environment. But developing a strategy isn't enough. Organizations must apply a framework that translates the strategy into action and engages both leadership and staff around a shared vision for the future. 

Chmltech applied the Strategy Realization Model (SRM) with these specific needs in mind. We combine our time-tested expertise in strategic planning, portfolio management, project execution, and organizational engagement to provide a holistic approach to transforming your organization. To help sustain the transformation, the model relies on change management techniques, which evolved into a system wide operational competency, or what we call progressive adaptation. 

How It Works

We will assess the current state of your organization to identify gaps using Chmltech's proven model. Based on the results, we'll work with you to uncover sustainable solution that address the gaps that prevent you from reliably executing your strategy.

In the same collaborative way, we will tailor the Strategy Realization Model to suit your organization's unique business model, culture, and competencies. The resulting customized model provides the structure to stay focused on the strategic imperatives. For example, the projects that will have the most impact on achieving the strategies will receive the appropriate resources, and priorities will be determined based on facts rather than opinions. When projects and programs are effectively supporting strategic initiatives, it creates organizational concentricity, essentially a centralized force that draws all effort toward the common strategic goals. 

Strategy realization doesn't end when the critical projects are complete; it requires constant discipline. The model is an ongoing tool that will help you to complete projects, measure them over time to ensure they are generating the expected value, and adapt and evolved strategies, initiatives, and tactics as necessary. 

Contact us to learn how we can help transform your business.