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Business Plan Delivery

  • Chris
  • November 19, 2020
  • Case Studies
Our client, a large rail infrastructure organisation, was at the start of the 5­year financial control period with a £175m business change portfolio identified to deliver regulatory outputs and business targets and wanted to be able to ensure successful delivery.

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Challenge:
Our client, a large rail infrastructure organisation, was at the start of the 5­year financial control period with a £175m business change portfolio identified to deliver regulatory outputs and business targets and wanted to be able to ensure successful delivery.
Solution:

Our approach was to design and implement a Portfolio Management Office to manage the delivery and success of the 4 programmes and 100 + projects in the business plan portfolio.  We developed a simple governance structure based on the client’s adaptation of the widely recognised Managing Successful Programmes (MSP) approach to govern and assure project and programme delivery, along with tools to measure benefit realisation and ultimately project impact and success.  This was all underpinned by the use of Lean Visual Management techniques to regularly drive delivery, track progress, and resolve issues.

Results:

Once developed the client had full visibility of business plan and initiative delivery, and a robust process to support the same.  Within 6 months the process had identified a circa £50m gap due to poor project definition and feasibility studies, and a process utilising LEAN tools such as waste identification was starting to identify new initiatives to close the gap.

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