Our approach has three seminal phases:
- Selection Phase: identifies and chooses projects that maximise business value by aligning to corporate goals using standardised, up-to-date data (risks, proposed benefits, etc.)
- Control Phase: progress reviews that measure and monitor actual versus forecast costs, schedule, and benefits. Areas of concern are quickly identified and actions to continue, modify or cancel are assessed.
- Evaluation Phase: determination of the impact on performance. Lessons learned are fed back into the portfolio management process for further improvements.
We can assist in your portfolio management approach by pulling together a prioritised view of all initiatives against goals which can be used in the annual funding round to support decision making.
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Portfolio Architecture provides the framework to demonstrate the impact of alternative investment strategies and funding levels, identifies opportunities for sharing resources and is a nucleus for investment decision making.
