Portfolio Manager (Powered by KT)

“Don’t leave Strategy Implementation to chance, let Portfolio Manager get you back in control”.

In a Times survey of 200 FTSE 1000 companies, 80% of directors said they had the right strategy, but only 14% thought they were implementing it well.

Portfolio Manager (Powered by KT) is the next generation in online Project & Portfolio Management platforms that not only helps our clients embed the KT Project Management process into their organisation, but also gives the leadership team the visibility they need over the performance of projects and programmes to keep the whole strategic portfolio on track.

Having formulated a new strategic direction, an organisation will be faced with a great deal of work to take it from where it is now to where it needs to be. Typically the work that needs doing is discrete, with a defined start and finish and can be categorised into a collection (portfolio) of projects.

In working with hundreds of organisations around the globe, KT has found that failing to build an effective “machine” for delivery of these strategic projects is the most common cause of poor strategy implementation. If an organisation is to be good at implementing strategy, then it must be good at Project & Portfolio Management.

So how can an organisation build an effective Strategy Implementation Machine? For us, an organisation must have a single person overseeing the Portfolio of Projects to ensure that:

• all projects are aligned to the strategy
• there are no gaps or overlap in the scope of projects
• responsibility for delivery is understood
• project progress is closely monitored and clearly communicated
• project issues are swiftly resolved

However unless the Project Managers in that organisation are following a common, high quality methodology for managing projects & reporting on progress in a standard, visible way, it becomes next to impossible to get a sensible understanding of whether the collective whole is moving in the right direction.

Portfolio Manager closely follows the Kepner-Tregoe Project Management method, making it easy for Project Managers to quickly apply the learning from their training to the strategic projects. As the Project Manager can Define, Plan and monitor the Implementation of their projects directly on the platform, all progress reports coming from Portfolio Manager are based on real time data. This allows for swift and effective leadership decision making to keep the overall strategy implementation on track, as well as reducing the reporting effort for Project Managers. Finally as it is web based, it allows for complete visibility over the performance of projects and programmes, regardless of how geographically dispersed the Project Managers or Leadership Team are.

 KT’s clients are getting huge benefit from installing Portfolio Manager alongside a structured roll-out of the Kepner-Tregoe Project Management Method as part of building an effective Strategy Implementation “Machine” – why not contact us to find out more.

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