AppO has the potential to delight your Board, Executive and strategy development professionals as well as your PMO, Audit and Finance functions.
AppO is designed to address inter alia the following questions:
- To what extent does our portfolio of projects support our strategic plans?
- Which strategic drivers are most or least supported by our project portfolio and is this in line with our strategic priorities?
- Is the planned spend on our project portfolio also in line with our strategic drivers?
- What is the optimal combination of projects to deliver maximal business value from consumption of our resources?
- How can we be sure that we are limiting any bias in the reporting of cost and benefit of our project portfolio and can we identify what, if any, bias is intended?
- How disparate are the views of the executive stakeholders with regard to what constitutes business value and the relative importance of value drivers in our project portfolio and what is the aggregated view of all stakeholders?
- How would our optimal portfolio change, in terms of cost and benefit, under various scenarios using the value drivers and relative importance of value drivers of each executive stakeholder, and also in the aggregated view?
Of course, there are many more related and unrelated questions that can be answered by AppO.
Various studies have found that the net effect of not being able to answer these questions is a portfolio of investment that is unlikely to be optimal with industry experience pointing to savings available exceeding 5% of the total value of the portfolio. Some estimates, such as those arising from research performed by Gantry Group, Forrester Group and Project Management Institute estimate as much as 23% of the portfolio could be saved.
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