PMO
Agile
Government
annual cost saving
The Government agency required an expert to establish a PMO office to develop more control and increase confidence in delivering the program outcomes. One of the key challenges they faced in the program was identifying opportunities for cost savings and additional initiatives.
We understand the importance of keeping track of a program's progress and ensuring everything runs smoothly. That's why we developed and implemented a few tools and processes to help out.
First, we created a comprehensive executive reporting cycle to monitor financial targets and program scope.
Next, we set up a change management report and review process and a risk and reporting cycle to ensure we're identifying and mitigating any ongoing risks.
We also devised a benefit forecasting and realisation process to identify any additional initiatives that could help close the benefits gap.
Finally, we developed an innovative schedule tool to help us track the project's progress against allocated funding and realised benefits. This helps us ensure that everything is running as smoothly as possible.
We developed and operationalised a PMO that delivered $55 million in net benefits.
We identified annual cost-saving opportunities from $5 to $8 million through thorough procurement analysis.
This led to increased executive visibility and participation, resulting in greater confidence and credibility with leadership in realising program benefits.