February 18, 2021
CHALLENGE
A leading media / technology company was challenged in managing a portfolio of $200 million+ in commercial deals through completion, struggling to align resources, prioritize activities, and drive strategic value.
Zeevo Group established a centralized project management organization (PMO) to provide support for project oversight, governance, and cost control, while coordinating communications with 14 representatives on three continents.
APPROACH
- Deployed an on-site team of project management
professionals to use a hybrid approach to engage impacted stakeholder groups in South America, North America, and South East Asia - Assessed the required level of project oversight needed from key process owners and stakeholders, and converted findings into actionable tasks
- Standardized the governance structure for legal, finance, and due diligence activities and performed reviews and health checks to report progress to management
OUTCOME
- The client benefited from Zeevo’s program management methodology to zero in on 20 prioritized projects, out of more than 250 potential activities
- Improved visibility into projects to enable rapid corrective action and recovery strategies
- Ensured efficient handling of issues and informed decision-making, while controlling costs without compromising quality
- Implemented a project status “traffic light” system with standardized criteria and thresholds for deals
- Effectively leveraged customized criteria for deal progression and closure
ZEEVO’S VALUE ADD
- Provided relevant guidance and insights specifically relevant to this program management organization based on prior experience and leading practice
- Established a project framework with clear roles and responsibilities
- Reviewed and aligned other functions and departments to create further value for the organization
- Produced daily and weekly management reports and user-friendly dashboards to maintain stakeholder oversight
- Enabled the client team to apply learnings to future projects, leading to better risk identification, less repetition of past mistakes, and better prioritization of tasks
DOWNLOAD CLIENT CASE STUDY (.pdf)
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LET’S TALK
Sophie McAuley
Phone: +1 760 933 8607
smcauley@zeevogroup.com