Establishing Stratigic Portfolio Management Office

Project description

Establishing Strategic Portfolio Management Office - Poultry Company

The client was looking to transform its business model and shift to a value-chain-driven organization. The client worked in the past few months in redefining its strategy and landed on a 5 years business strategy.

The Five Years business strategy suggested implementing a number of initiatives and projects that will improve the company's growth, profitability, and market share. The company was aiming for achieving over than $100 million as an annual income by the end of year five of the strategy

The objective of my role is to establish a Strategic Office that will act as a Portfolio Management Office (PMO) that will assist in driving the implementation of five years business strategy.

My scope was to deliver the below milestones:

1- Establish project control, governance, and reporting tools

2- Create detailed implementation plans aligned with strategy objectives

3- Identify project deliverables, artifacts, and milestones

4- Assist in project internal sourcing and outsourcing

5- Coach and train the client team members for seamless project implementation

6- Manage project execution in alignment with the project plan, PMI standards, and business strategy recommendations.

7- Manage task assignments to project resources.

8- Manage project risks, issues, dependencies, and decisions

9- Propose corrective and mitigation actions and monitor actions execution during the project lifecycle

10- Establish project progress and health indicators

11- Report periodically project status updates to CEO's office

12- Measure project's successful implementation as per Strategy recommendations and expectations

13- Escalate deviations, risks, and impediments to CEO and propose rectifications when needed