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Core Services Initiative Management
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Initiative Management What sets leaders apart from followers is the ability to turn ideas into reality – and strategies into results. In a highly competitive global market, the ability to deliver on those ideas and strategies can be the difference between moving ahead and falling behind. According to most industry surveys, only 25% to 35% of all projects are delivered on time, on budget and within scope. More than $55 million out of a $255 million spent is wasted on poorly run initiatives, according to the Standish Group’s Chaos Report. Peritius is one of the few management consulting firms in the United States that specializes exclusively in delivery of strategic initiatives. Our unique focus allows us to concentrate on continuously improving our practices. We focus on delivering the vision of an organization when an organization can’t afford to fail. We partner with our clients on the delivery of large-scale global initiatives and help our clients improve their project, program and portfolio management competency. Peritius is the catalyst that translates our clients’ vision to reality. Our people are the difference, averaging 20 years of experience in delivering complex initiatives in complicated environments. We know how to pull together diverse, competing teams to achieve results. Our project delivery executives offer an appreciation for effective methodologies, well-planned and documented projects and teams that have an excellent grasp of how to juggle the many requirements of complex projects. To achieve these results, Peritius professionals can deliver the following key services for your organization. Click on a topic to learn more. Peritius' Initiative Management services include: Project Management
In the last few years, the business community has focused on the importance of project management within an organization. This urgency stems from multiple reports showing that projects have an unlikely chance of succeeding on time, on budget and within scope. According to the Standish Group's Chaos Report, only 28% of all projects succeed. Yet since the Chaos Report began conducting this study in 1995, projects have only seen a 12% improvement. Peritius stands out as a clear leader due to our track record and consistency. Since 1989, Peritius has successfully completed 96% of our clients' projects. Whether our client has a critical project that demands on-time, in-budget, on-scope results or a strategic initiative that is a key component for the overall direction of the company, Peritius has strategy delivery executives that can help. We specialize in the successful delivery of high-visibility, high-risk complex solutions. We focus on the people, processes, methods, and tools needed to achieve successful project results. Peritius employs only senior executive level project directors that are capable of effectively managing every aspect of a complex initiative—whether a business initiative or an IT initiative, an ERP, business process reengineering, infrastructure, development or implementation process. Our project managers leverage their years of experience and deep business knowledge to successfully manage issues and deliver projects. Because we are independent, we concentrate on delivering the expected value for the organization.
Program Management
Program management is the process of managing multiple, ongoing inter-dependent projects. As initiatives become more complex, there is a higher risk of failure. Peritius understands the importance of successfully completing initiatives that are critical to the continued success of the business, whether they are strategic for future growth or consolidation efforts to help standardize and eliminate redundancy. These efforts are always highly visible and have little tolerance for failure. Peritius has consistently proven how to effectively run these complex programs on behalf of our client sponsors. We succeed when our clients succeed. Most programs today have multiple resource types that are part of the program team. This could include internal resources, vendors, consultants and independent contractors. In most program initiatives, managing the dynamics of a diverse team adds the greatest complexity. Peritius' model is designed to help bring the team together in a cohesive manner. By maintaining our independence, we can help to focus team members on the objectives of the client rather than their own individual objectives.
Portfolio Management
While organizations attempt to focus on making the most of delivering initiatives successfully, how do you know if the initiatives are the proper ones to drive your business' objectives? Portfolio management has become a greater focus for most organizations. Once an organization has created its strategic business plan, many organizations create a list of initiatives that could help the organization meet their strategic objectives. A strong portfolio management process can help an organization prioritize its initiatives so that the most appropriate efforts to help meet business objectives can be funded. A portfolio management effort will also help organizations to assess if business benefits were recognized once the effort has been implemented for a period of time. Peritius has developed a template for creating the proper portfolio management process for an organization. Creating the proper portfolio management process can be challenging, and Peritius works with our clients to ensure that the right governance structure is in place to support this effort.
Troubled Project Turnaround
Over 25% of project expenditures are wasted on poorly run initiatives. In a competitive economy where all project funds are needed to stay ahead of the competition, companies can't afford this type of waste. Peritius does not believe that organizations should continue to
throw good money after bad. We have a track record of turning around
troubled projects/programs and getting them back on track. Peritius
has a fine-tuned process in which we quickly assess a troubled initiative
and define a short-term plan to get the project back on track. For an initiative that can't afford to be delayed, go over budget, or deliver improper scope Peritius has the experience to get it back on track.
| "I have worked with Laura Werner and Peritius for over 10 years while I was an IT executive at two different Fortune 200 companies. Peritius helped successfully deliver on many projects ranging from small one-week assignments to large-scale multi-threaded program office engagements. Peritius brings very professional project management expertise and a flexibility of approach that achieves results. That is why I have and will continue to use Peritius when I need project management results." Vice President, Global Infrastructure and Operations
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| Peritius
Consulting, Inc. | info@peritius.com | ©
2007-11 Peritius Consulting, Inc. and Integrated Systems Management,
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