Applying Business Value Delivery Management, Benefit Realisation and Outcome Thinking to organisation strategy, portfolio managment and project execution
We apply a business value driven approach to project portfolio management. This is a new and very different approach from what you will find elsewhere. But as the rest of the TOP methodology, it has been developed based on global studies, practical experience and common sense over the past 2 decades.
We provide you with measurable business value in the form of Desired Business Outcomes and quantified benefits, which enable you in the analysis phase to demonstrate the link to strategic objectives and thus objectively select which projects to invest in.
During the execution of projects it enables you to track and manage your projects via the delivery of business outcomes and benefits much in the same way you track and manage cost.
By working this way you
By identifying and defining a greater number of business benefits on basis of a structured and validated approach
We focus on defining measurable business value and benefits that you can quantify, track and manage.
We use a methodical, structured and validated approach that is business value focused and provides you more of the quality data you need to make better and more informed decisions about what projects to execute in alignment with the overall strategy.
Project Portfolio Management, PPM, is the strategic function that prioritizes which projects and programs to nominate for execution and is responsible for delivering the business strategy.
Some organizations align the PPM with a Project Management Office, PMO, role, whereby the PMO is delegated responsibility for handling a share of administrative and management tasks.
When the Project Portfolio Management function is not in place or is ineffective, organizations risk:
To be effective, the Project Portfolio Management team is made up of key upper management stakeholders who have the authority to exercise and manage the PPM responsibilities.
Using TOP value delivery tools and processes focuses the PPM team on business value and benefits delivery and enables a realistic cost projection analysis. It provides an apples-to-apples and objective assessment of a project’s net value and its relevance to business strategy.
TOP tools and processes and the outputs they produce play a critical role in operationalizing and executing the following tasks, with emphasis on the delivery of business and strategic value:
PPM is responsible for business case management:
PPM is responsible for the current project portfolio:
They track and measure project changes and challenge if the project has become non-viable or irrelevant. They commission health checks where necessary or step in to recover in a crisis.
TOP processes, tools and models are teachable, learnable and repeatable. We can:
And if you don’t see what you want, ask us. We speak your language.
Developing and maintaining strong Project Portfolio Management is the foundation for operationalizing and delivering on strategic initiatives.
A primary function of the PPM is to make a positive difference in three key areas: value maximization, risk reduction, and increased portfolio control.
TOP value delivery tools and processes simplifies the effective management and execution of these three performance areas by establishing a concrete and understandable value driven focus on all levels, realistic cost estimates, and a portfolio overview that is intuitive and logical and built for tracking the progress of all projects.
Reduce project costs via cost scrutiny and the elimination of overlapping or redundant projects
Consistent reporting via standardized check points and reporting formats
Using TOP value delivery tools and processes simplifies each of the performance areas.
The TOP approach operationalizes your strategic goals and creates a logical and trackable cascade of deliveries, whereby project business outcomes and their associated value and benefits are linked directly to the strategic business outcomes that make up the roadmap for delivering the strategic initiative.
Key performance areas of Project Portfolio Management:
When a portfolio is built and operationalized via TOP’s principled and linked desired business outcomes, it enables:
TOP value delivery tools and processes are learnable, teachable, repeatable and sustainable. If there is an interest in training, we provide that, and on all levels. It plays into what we do: transforming project portfolio management into a high performing and integral presence in an organization.
- is passionate about helping organisations get the maximum amount of business value from their business initiatives and project investments.
We specialise in Value Delivery & Benefits Management and alignment of project-, programme- and portfolio management execution with business value focussed corporate strategy definition and execution.
A key Danish government agency has decided to include the TOP Value Delivery Management methodology in their new project model.
A major Nordic financial services organisation has decided to validate the TOP Value Delivery Management methodology on an internal project as last step in the approval process for possible general implementation.
A major Nordic player in the automobile leasing market has decided to validate the TOP Value Delivery Management methodology on a project prior to deciding on making TOP an integral part of their IT project governance structure.
A major Nordic player in the automobile leasing market has decided to make TOP Value Delivery and Benefits Management an integral part of their project governance structure.
ValuePoint - Græsdammen 23, DK-2840 Holte - CVR 40878556