How a new and powerful project organisation transformed the company
In just two years, KMD has adapted to completely new market and investor demands. This was achieved by transforming a chaotic myriad of projects into a transparent, value-driven portfolio overview spearheaded by capable project managers. The effect is increased internal satisfaction combined with multi-million savings obtained through a tighter focus on costs and optimisation of project execution.
Introduce more freedom and a few strict rules if you wish to increase the efficiency and quality of your development projects. This may sound like a contradiction in terms, but it works.
Project Portfolio Management
Running too many projects at the same time reduces the overall effect of your strategy. Establishing a strong Portfolio Management Office (PMO) will help you prioritise projects and execute them correctly.
Programme management can help to put major strategic initiatives into action and make sure that the derived benefits are clearly identified and realised across the organisation.