Stratsmith helps organizations improve their approach to managing multiple interrelated programs or portfolios of projects. We work with clients to assess their current program management practices, identify areas for improvement, and provide recommendations for how to optimize their approach. Our framework for Enterprise Program Management is designed around following activities:
- Assessing current program management practices: Consultants review current processes, tools, and methodologies to understand how programs are managed within the organization.
- Identifying areas for improvement: Consultants identify areas where the current approach could be improved, and make recommendations for how to optimize program management practices.
- Developing program management methodologies: Consultants may help clients develop new program management methodologies, tools, and templates, and provide training and support to help organizations build internal program management capabilities.
- Aligning programs with business objectives: Consultants work with clients to ensure that programs are aligned with the organization’s overall business strategy and goals.
- Improving resource utilization: Consultants help clients to effectively utilize resources across programs to maximize return on investment.
- Ensuring consistent program management practices: Consultants work to ensure that program management practices are consistent across the enterprise, and that programs are managed in a consistent and effective manner.
We create an impact by helping organizations to improve their program management practices, processes, and outcomes. The major focus of impact creations is around:
- Return on Investment (ROI): Measuring the return on investment of a program, calculated as the ratio of the program’s benefits to its costs.
- Program Schedule: Tracking the program’s progress against its planned schedule, helping managers to identify any delays or slippages.
- Budget vs. Actual: Comparing the actual program budget with the planned budget, helping managers to identify any variances and make adjustments as needed.
- Resource Utilization: Measuring the utilization of resources (e.g. people, materials, equipment) across programs, helping managers to optimize resource allocation and avoid overloading or underutilization.
- Program Scope: Tracking the scope of the program, including the number and types of projects within the program, and helps managers to monitor scope creep and ensure that the program stays within its defined boundaries.
- Program Quality: Measuring the quality of the program’s outputs, including the quality of deliverables, the quality of project management processes, and the quality of stakeholder engagement.
- Stakeholder Satisfaction: Measuring the level of satisfaction of stakeholders, including customers, sponsors, and other stakeholders, helping managers to ensure that programs are meeting.
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