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Investor Presentaiton

A project management office is critical to counteract the main reasons why initiatives fail What was the single most important factor in determining the failure of initiatives? Lack of clearly defined and/or achievable milestones and objectives to measure progress Lack of commitment by senior management 20% Employee resistance 18% Insufficient funding 15% 28% How a PMO can help Provides overall view of progress • Provides the discipline, oversight, and level of detail needed for leaders to manage multiple initiatives (e.g., metrics, reports, priority setting, conflict resolution) Sets priorities and timing to mutually reinforce initiatives Promotes a close working relationship with the Governor that helps ensure leadership engagement . Helps create and maintain a sense of urgency Drives coordinated communication and creates a clear picture of what the change is, why it is needed, and how people will be impacted • Maintains perspective of key constituencies (citizens, civil servants) • Monitors the MDAs' concerns and ensures commitment to initiatives Poor communication 14% Source: PMIⓇ 2016 Thought Leadership Series/Economist Intelligence Unit Survey "Strengthening benefits awareness in the C-suite", 2016 282 Copyright 2019 by Boston Consulting Group. All rights reserved.
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