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Project Value Delivery
© Project Value Delivery, 2016
w w w . P r o j e c t V a l u e D e l i v e r y . c o m
Project Value Delivery’s
Approach
and Typical Interventions
V4 - 2016
Contents
© Project Value Delivery, 2016
w w w . P r o j e c t V a l u e D e l i v e r y . c o m
• Our philosophy and approach
• Our typical interventions
Section
1
© Project Value Delivery, 2016
w w w . P r o j e c t V a l u e D e l i v e r y . c o m
Philosophy and approach
• Our philosophy
• Our approach
• Integrity
© Project Value Delivery, 2016
w w w . P r o j e c t V a l u e D e l i v e r y . c o m 4
Project Value Delivery philosophy
• “We empower organizations to be reliably
successful in executing large, complex
projects”:
– Our objective is a sustainable transformation for
repeatable success – we give out knowledge
– We focus on large, complex projects
(typically>100M$ and global)
– We don’t just advise, we do the work
© Project Value Delivery, 2016
w w w . P r o j e c t V a l u e D e l i v e r y . c o m 5
Project Value Delivery Approach:
a Cost-Effective Solution
• Focused interventions only by senior professionals
recognized for their expertise and track record
– Very high effectiveness and laser-focus on business needs
– We do not replace resources - we leverage on internal
resources (involvement, training and coaching) to ensure
sustainability
– Not a typical “Big Consulting Firm” invading with large
teams and juniors
• We work on retainer basis – availability + pay-as-
you-use – never full time
– We remain available for discussions, emails, document
reviews…
– You pay only for the time we spent face-to-face
© Project Value Delivery, 2016
w w w . P r o j e c t V a l u e D e l i v e r y . c o m 6
Project Value Delivery
A Specific Business Model
• Our business model is:
– Mostly part-time work on a medium-term basis so as
to see through the transformation and be effective
(typically 25-50% time often more than 1 year)
– Specific more intense shorter term interventions for
project startup support, project review etc.
– Training and coaching interventions
• Our business model is not:
– Taking operational positions (which require full-time
even temporary): no interim management
– Taking over management’s responsibilities
– Providing a full team of consultants
© Project Value Delivery, 2016
w w w . P r o j e c t V a l u e D e l i v e r y . c o m 7
Integrity is essential to us
• We are aware that our interventions expose us to confidential
information
– We make sure we keep our clients’ information confidential
– We declare any possible conflict of interest in our proposals
and whenever they would arise
– We minimize our involvement in pre-award stages and we
focus on project execution post-award
– We do not have any commercial relationship with any
software provider so as to maintain our advisory
independence
Section
2
© Project Value Delivery, 2016
w w w . P r o j e c t V a l u e D e l i v e r y . c o m
Our Typical Project Management
Interventions
• Project Startup Support
• Regular Project Health Check
• Project Emergency Response
• Subcontract Setup/Recovery
• Project Forensics
• Project Cost Review
• Process definition and
deployment
• Project Systems deployment
• Due Diligence / M&A
• Advanced Project
Management Trainings
© Project Value Delivery, 2016
w w w . P r o j e c t V a l u e D e l i v e r y . c o m 9
Project Start-up Support (1/2)
• We believe that proper project setup is key to
project success
• PVD has developed a proprietary start-up process –
effective and comprehensive, to respond to time
constraints
• This process tackles both processes, systems, and
project team formation
– Use of effective workshops to shape project and
build project team
– Logical flow from the definition of project
objectives to the review of the execution plan,
definition of the baseline etc.
© Project Value Delivery, 2016
w w w . P r o j e c t V a l u e D e l i v e r y . c o m 10
Project Start-up Support (2/2)
Project
Objectives and
KPIs
Setup systems (collaboration, EDMS, etc)
Series of workshops
- Project Execution Plan – convergence
plan
- Scope and Contract review
- Organization & RACI, team building
- Work Breakdown Structure (WBS)
- Risk & Opportunity
- etc
Stakeholder
identification &
Management
Baselines development and
approval (Cost, Schedule,
Scope)
Progress monitoring,
monitoring and reporting
processes setup
Client and Stakeholder
communication plans
Project
Sanction
Change Management Plan
and/or interface with future
Operations
In red, activities that are best executed in workshops
Management of Change,
Interface management,
Contract management and
other key transverse
processes setup
Project Sponsor and Client
charters development
© Project Value Delivery, 2016
w w w . P r o j e c t V a l u e D e l i v e r y . c o m 11
Regular Project Health Check
• Regular checks on significant projects
• Typically 3 days to 1 week
• Proprietary Health Check Lists (customized to the
industry/ project) including team health
• Independent reviewer + possible technical
expertise from project’s organization
• Findings are prioritized and conclusions focused on
action-taking
• Option: proprietary online surveys
– assess team health and effectiveness
– 360 degree surveys to assess project leadership
© Project Value Delivery, 2016
w w w . P r o j e c t V a l u e D e l i v e r y . c o m 12
Project Emergency Response
• In case of a project going visibly sour – real time,
time-driven intervention
• Proprietary Health Check + basic Forensics Check
Lists
• Identify key dysfunctions and propose practical
plan for recovery
• Findings are prioritized and conclusions focused on
action-taking for a recovery plan
• Contribute to contractual discussion as required
© Project Value Delivery, 2016
w w w . P r o j e c t V a l u e D e l i v e r y . c o m 13
Subcontract Setup/Recovery
• We can intervene in operational binds to resolve:
– Subcontract negotiation/ setup / control issue
– Subcontract recovery/settlement
• Proprietary methodology
• Temporary assignment of expert resource
• Compensation can be retainer or for recovery
situation LS + % savings on subcontractor claim
© Project Value Delivery, 2016
w w w . P r o j e c t V a l u e D e l i v e r y . c o m 14
Project Forensics
• In case of past events that need to be further
understood, in particular in the Project Control area
(Cost, Schedule, Risk, Contract Management) – not
real time
• Proprietary checklists with progressive compliance
checks for all Project Control processes
• Identify key dysfunctions and propose practical
plan for process improvement
• Findings are prioritized and conclusions focused on
action-taking
• Contribute to contractual claims production and
discussion as required (forensics of changes etc.)
© Project Value Delivery, 2016
w w w . P r o j e c t V a l u e D e l i v e r y . c o m 15
Project Cost Review
• We place a particular emphasis in providing you with
practical recommendations that are directly actionable
– Overall Project and Project Portfolio cost optimization
analysis,
– Project Procurement Strategy elaboration,
– Procurement plans optimization (market and project-
specific strategic approach at package level,
tactical bidding recommendations (timing, format)),
– Market analysis and rebate negotiation with vendors,
– Reverse Market analysis for Company overall
Portfolio.
© Project Value Delivery, 2016
w w w . P r o j e c t V a l u e D e l i v e r y . c o m 16
Process Definition and
Deployment
• In addition to specific project interventions, we have
developed and deployed key processes in a number of
project-driven organizations – both at project and
portfolio level
– Cost Management (incl. financial performance report)
– Schedule Management
– Project Risk Management
– Document & Correspondence Management
– Contract Management
– Management of Change
– Interface Management
– Business Development and Tendering
• Deployment includes process definition/ upgrade from
existing, and change management, incl. training
© Project Value Delivery, 2016
w w w . P r o j e c t V a l u e D e l i v e r y . c o m 17
Project Support Systems
deployment (1/2)
• We support systems implementation with Project
Managers that understand the business and that are
experienced in project systems and implementation
of IT systems
100101001
001010111
111100100
001101010
Requirements
study
Functional
specifications
Market
analysis and
proposals
evaluation
Implementation
project
Detailed
technical
specifications
Support for
hardware
implementation
UAT &
FAT
Deployment and
Change
Management
© Project Value Delivery, 2016
w w w . P r o j e c t V a l u e D e l i v e r y . c o m 18
Project Support Systems
deployment (2/2)
• Track record of implementation:
– Cost management software
– Document control
– Correspondence control
– Timesheet systems
– Supply Chain management for EPCI projects
– Crew management systems
• We have market understanding, templates and
questionnaires to enable highly effective systems
implementation
• We generally provide an implementation Project
Manager that manages the project on behalf of our Client
• We can also facilitate the related process improvements
in parallel with the systems implementation
100101001
001010111
111100100
001101010
© Project Value Delivery, 2016
w w w . P r o j e c t V a l u e D e l i v e r y . c o m 19
Due Diligence / M&A
Our fields of intervention include:
• Due Diligence Phase
– Project-Managing due diligence phase overall
applying proprietary methodology
– Valuation of ongoing projects (incl. risk assessment)
– Valuation of floating assets (technical/contractual
incl. offshore surveys), Intellectual property (incl. risks)
– Cultural fit analysis
• Merger – restructuring phase
– Facilitation of management decisions on
organization, systems, key personnel
– Branding change
– Project-Managing the organizational transformation
applying proprietary methodology
© Project Value Delivery, 2016
w w w . P r o j e c t V a l u e D e l i v e r y . c o m 20
Advanced Trainings
• We provide the most advanced Project Control and
Project Management training on the market –
specifically developed by Project professionals for
Project professionals
• We leverage our acclaimed public books into
custom handbooks for your organization
W e E m p o w e r O r g a n i z a t i o n s
T o b e R e l i a b l y S u c c e s s f u l i n
E x e c u t i n g L a r g e , C o m p l e x P r o j e c t s
Discover more on
w w w . P r o j e c t V a l u e D e l i v e r y . c o m
Project Value Delivery
THANK YOU!
W e E m p o w e r O r g a n i z a t i o n s
T o b e R e l i a b l y S u c c e s s f u l i n
E x e c u t i n g L a r g e , C o m p l e x P r o j e c t s
Discover more on
w w w . P r o j e c t V a l u e D e l i v e r y . c o m
Project Value Delivery
Project Soft Power
Unleashing Value
from Your
Large, Complex
Projects
Project Health Check
Project Coaching
Organizational maturity
Team effectivenessIntercultural leadership
Advanced project trainingProject Startup support
Project Recovery
Advanced risk management
Project Control and Reporting
Support systems integration
Convergence planning
Remote sites integration
Leadership development

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Project Value Delivery methodology and interventions

  • 1. Project Value Delivery © Project Value Delivery, 2016 w w w . P r o j e c t V a l u e D e l i v e r y . c o m Project Value Delivery’s Approach and Typical Interventions V4 - 2016
  • 2. Contents © Project Value Delivery, 2016 w w w . P r o j e c t V a l u e D e l i v e r y . c o m • Our philosophy and approach • Our typical interventions
  • 3. Section 1 © Project Value Delivery, 2016 w w w . P r o j e c t V a l u e D e l i v e r y . c o m Philosophy and approach • Our philosophy • Our approach • Integrity
  • 4. © Project Value Delivery, 2016 w w w . P r o j e c t V a l u e D e l i v e r y . c o m 4 Project Value Delivery philosophy • “We empower organizations to be reliably successful in executing large, complex projects”: – Our objective is a sustainable transformation for repeatable success – we give out knowledge – We focus on large, complex projects (typically>100M$ and global) – We don’t just advise, we do the work
  • 5. © Project Value Delivery, 2016 w w w . P r o j e c t V a l u e D e l i v e r y . c o m 5 Project Value Delivery Approach: a Cost-Effective Solution • Focused interventions only by senior professionals recognized for their expertise and track record – Very high effectiveness and laser-focus on business needs – We do not replace resources - we leverage on internal resources (involvement, training and coaching) to ensure sustainability – Not a typical “Big Consulting Firm” invading with large teams and juniors • We work on retainer basis – availability + pay-as- you-use – never full time – We remain available for discussions, emails, document reviews… – You pay only for the time we spent face-to-face
  • 6. © Project Value Delivery, 2016 w w w . P r o j e c t V a l u e D e l i v e r y . c o m 6 Project Value Delivery A Specific Business Model • Our business model is: – Mostly part-time work on a medium-term basis so as to see through the transformation and be effective (typically 25-50% time often more than 1 year) – Specific more intense shorter term interventions for project startup support, project review etc. – Training and coaching interventions • Our business model is not: – Taking operational positions (which require full-time even temporary): no interim management – Taking over management’s responsibilities – Providing a full team of consultants
  • 7. © Project Value Delivery, 2016 w w w . P r o j e c t V a l u e D e l i v e r y . c o m 7 Integrity is essential to us • We are aware that our interventions expose us to confidential information – We make sure we keep our clients’ information confidential – We declare any possible conflict of interest in our proposals and whenever they would arise – We minimize our involvement in pre-award stages and we focus on project execution post-award – We do not have any commercial relationship with any software provider so as to maintain our advisory independence
  • 8. Section 2 © Project Value Delivery, 2016 w w w . P r o j e c t V a l u e D e l i v e r y . c o m Our Typical Project Management Interventions • Project Startup Support • Regular Project Health Check • Project Emergency Response • Subcontract Setup/Recovery • Project Forensics • Project Cost Review • Process definition and deployment • Project Systems deployment • Due Diligence / M&A • Advanced Project Management Trainings
  • 9. © Project Value Delivery, 2016 w w w . P r o j e c t V a l u e D e l i v e r y . c o m 9 Project Start-up Support (1/2) • We believe that proper project setup is key to project success • PVD has developed a proprietary start-up process – effective and comprehensive, to respond to time constraints • This process tackles both processes, systems, and project team formation – Use of effective workshops to shape project and build project team – Logical flow from the definition of project objectives to the review of the execution plan, definition of the baseline etc.
  • 10. © Project Value Delivery, 2016 w w w . P r o j e c t V a l u e D e l i v e r y . c o m 10 Project Start-up Support (2/2) Project Objectives and KPIs Setup systems (collaboration, EDMS, etc) Series of workshops - Project Execution Plan – convergence plan - Scope and Contract review - Organization & RACI, team building - Work Breakdown Structure (WBS) - Risk & Opportunity - etc Stakeholder identification & Management Baselines development and approval (Cost, Schedule, Scope) Progress monitoring, monitoring and reporting processes setup Client and Stakeholder communication plans Project Sanction Change Management Plan and/or interface with future Operations In red, activities that are best executed in workshops Management of Change, Interface management, Contract management and other key transverse processes setup Project Sponsor and Client charters development
  • 11. © Project Value Delivery, 2016 w w w . P r o j e c t V a l u e D e l i v e r y . c o m 11 Regular Project Health Check • Regular checks on significant projects • Typically 3 days to 1 week • Proprietary Health Check Lists (customized to the industry/ project) including team health • Independent reviewer + possible technical expertise from project’s organization • Findings are prioritized and conclusions focused on action-taking • Option: proprietary online surveys – assess team health and effectiveness – 360 degree surveys to assess project leadership
  • 12. © Project Value Delivery, 2016 w w w . P r o j e c t V a l u e D e l i v e r y . c o m 12 Project Emergency Response • In case of a project going visibly sour – real time, time-driven intervention • Proprietary Health Check + basic Forensics Check Lists • Identify key dysfunctions and propose practical plan for recovery • Findings are prioritized and conclusions focused on action-taking for a recovery plan • Contribute to contractual discussion as required
  • 13. © Project Value Delivery, 2016 w w w . P r o j e c t V a l u e D e l i v e r y . c o m 13 Subcontract Setup/Recovery • We can intervene in operational binds to resolve: – Subcontract negotiation/ setup / control issue – Subcontract recovery/settlement • Proprietary methodology • Temporary assignment of expert resource • Compensation can be retainer or for recovery situation LS + % savings on subcontractor claim
  • 14. © Project Value Delivery, 2016 w w w . P r o j e c t V a l u e D e l i v e r y . c o m 14 Project Forensics • In case of past events that need to be further understood, in particular in the Project Control area (Cost, Schedule, Risk, Contract Management) – not real time • Proprietary checklists with progressive compliance checks for all Project Control processes • Identify key dysfunctions and propose practical plan for process improvement • Findings are prioritized and conclusions focused on action-taking • Contribute to contractual claims production and discussion as required (forensics of changes etc.)
  • 15. © Project Value Delivery, 2016 w w w . P r o j e c t V a l u e D e l i v e r y . c o m 15 Project Cost Review • We place a particular emphasis in providing you with practical recommendations that are directly actionable – Overall Project and Project Portfolio cost optimization analysis, – Project Procurement Strategy elaboration, – Procurement plans optimization (market and project- specific strategic approach at package level, tactical bidding recommendations (timing, format)), – Market analysis and rebate negotiation with vendors, – Reverse Market analysis for Company overall Portfolio.
  • 16. © Project Value Delivery, 2016 w w w . P r o j e c t V a l u e D e l i v e r y . c o m 16 Process Definition and Deployment • In addition to specific project interventions, we have developed and deployed key processes in a number of project-driven organizations – both at project and portfolio level – Cost Management (incl. financial performance report) – Schedule Management – Project Risk Management – Document & Correspondence Management – Contract Management – Management of Change – Interface Management – Business Development and Tendering • Deployment includes process definition/ upgrade from existing, and change management, incl. training
  • 17. © Project Value Delivery, 2016 w w w . P r o j e c t V a l u e D e l i v e r y . c o m 17 Project Support Systems deployment (1/2) • We support systems implementation with Project Managers that understand the business and that are experienced in project systems and implementation of IT systems 100101001 001010111 111100100 001101010 Requirements study Functional specifications Market analysis and proposals evaluation Implementation project Detailed technical specifications Support for hardware implementation UAT & FAT Deployment and Change Management
  • 18. © Project Value Delivery, 2016 w w w . P r o j e c t V a l u e D e l i v e r y . c o m 18 Project Support Systems deployment (2/2) • Track record of implementation: – Cost management software – Document control – Correspondence control – Timesheet systems – Supply Chain management for EPCI projects – Crew management systems • We have market understanding, templates and questionnaires to enable highly effective systems implementation • We generally provide an implementation Project Manager that manages the project on behalf of our Client • We can also facilitate the related process improvements in parallel with the systems implementation 100101001 001010111 111100100 001101010
  • 19. © Project Value Delivery, 2016 w w w . P r o j e c t V a l u e D e l i v e r y . c o m 19 Due Diligence / M&A Our fields of intervention include: • Due Diligence Phase – Project-Managing due diligence phase overall applying proprietary methodology – Valuation of ongoing projects (incl. risk assessment) – Valuation of floating assets (technical/contractual incl. offshore surveys), Intellectual property (incl. risks) – Cultural fit analysis • Merger – restructuring phase – Facilitation of management decisions on organization, systems, key personnel – Branding change – Project-Managing the organizational transformation applying proprietary methodology
  • 20. © Project Value Delivery, 2016 w w w . P r o j e c t V a l u e D e l i v e r y . c o m 20 Advanced Trainings • We provide the most advanced Project Control and Project Management training on the market – specifically developed by Project professionals for Project professionals • We leverage our acclaimed public books into custom handbooks for your organization
  • 21. W e E m p o w e r O r g a n i z a t i o n s T o b e R e l i a b l y S u c c e s s f u l i n E x e c u t i n g L a r g e , C o m p l e x P r o j e c t s Discover more on w w w . P r o j e c t V a l u e D e l i v e r y . c o m Project Value Delivery THANK YOU!
  • 22. W e E m p o w e r O r g a n i z a t i o n s T o b e R e l i a b l y S u c c e s s f u l i n E x e c u t i n g L a r g e , C o m p l e x P r o j e c t s Discover more on w w w . P r o j e c t V a l u e D e l i v e r y . c o m Project Value Delivery Project Soft Power Unleashing Value from Your Large, Complex Projects Project Health Check Project Coaching Organizational maturity Team effectivenessIntercultural leadership Advanced project trainingProject Startup support Project Recovery Advanced risk management Project Control and Reporting Support systems integration Convergence planning Remote sites integration Leadership development