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Embedding Risk Appetite into the Strategy Process

Manigent Blog
Manigent Seven statements

Seven statements we would like our clients to make about us:

  1. “they are our strategy execution partner” 
  2. “I enjoy working with the Manigent team”
  3. “they added value from the first meeting”
  4. "they attract uniquely talented people”
  5. “their integrated approach works for us”
  6. “their project delivery is outstanding”
  7. “they are easy to do business with” 

 

 

 

Project Portfolio Management - align your strategic activities

How do organisations actually execute strategy? They execute their strategy, deliver on performance objectives and manage risk through their activities; the programmes, projects, and initiatives which they undertake. 

Aligning activities to deliver performance objectives or mitigate risks is a challenge for many organisations. However achieving high levels of alignment represents a significant opportunity to drive execution, focus resources and significantly reduce costs by rationalising your portfolio of activities.

Manigent supports clients to implement a project portfolio management approach as part of a wider performance and/or risk management project. In such projects, once objectives and risks are defined, we encourage clients to undertake a project alignment and rationalisation exercise. Typically this generates fast, tangible benefits that help build buy-in, support and momentum for wider change. 

Research highlights the benefits of project portfolio management. One study shows a formal project prioritisation process can accelerate decision-making by up to 5 times. Another study found that project portfolio management can improve productivity to the value of £650 per employee per month.

Manigent works with management teams to support their organisations as they deploy a project portfolio management agenda. We work to develop technology-enabled management processes and capabilities in five areas:

Manage – the capability to balance a portfolio of programmes and projects.

Align – the capability to understand which strategic activities most effectively drive performance and mitigate risk. 

Monitor – the capability to understand what current and past levels of project performance and risk are.

Analyse – the capability to understand why project execution is at current levels.

Plan – the capability to continuously optimise the project portfolio.


Benefits of Project Portfolio Management
  • Improve strategic execution.
  • Speed up decision-making by up to 5 times.
  • Improve productivity up to the value of £650 per employee per month.
  • Reduce costs and waste through project rationalisation.