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AGZ4

Business Risks

A critical IT transformation program is out of control. What now?

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ISSUES

Inconsistent project management practices, lack of clear drivers, and inadequate risk management leading to frequent project and budget overruns, and compromised deliverable quality.

Approach to solution

Conduct a comprehensive review of the current IT project delivery dimensions to identify bottlenecks, inefficiencies, and areas lacking accountability. Develop a recovery plan that includes the implementation of standardized methodologies to enhance project planning, execution, and monitoring.

The plan should also emphasize the importance of effective communication strategies, stakeholder engagement, and robust risk management practices. Introduce artifacts that support project management, collaboration, and quality assurance. Be sure that all the collateral aspects related to the project are taken into account, like impacts on business and proper change management 

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AGZ4 solved it

Turning Around a Critical Transformation Program

AGZ4 client was executing a critical transformation project in its core system, facing severe challenges. The project was affected by issues related to business requirements, supplier management, and overall project execution, leading to a two-year delay and significant cost overrun. Immediate action was needed to improve project management and steer the project towards success.

AGZ4 addressed these challenges through a comprehensive review and restructuring of the project, employing a proven methodology to analyze various dimensions:

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Supplier Analysis and Change

Conducted a thorough supplier analysis and changed the approach to supplier management.

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Cost Overrun Reduction

Negotiated with suppliers on behalf of the customer to reduce cost overruns.

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 Project Management Implementation

Implemented a tailored project management methodology to suit the client's context and recover project direction.

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Business Requirement Prioritization

Implemented a tailored project management methodology to suit the client's context and recover project direction.

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Risk Mitigation Strategy

Defined and implemented a comprehensive risk mitigation strategy.

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Action Plan and Test Strategy Definition

Developed an overall action plan and a new test strategy to address existing issues and ensure successful delivery.

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Project Restructuring

Successfully reshaped the project through supplier analysis, cost reduction negotiations, and a new management approach.

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Timely Delivery

Delivered the project in just 6 months, avoiding further delays and cost overruns.

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Enhanced Project Management

Set up a dedicated team to manage and monitor the project's critical path, ensuring smooth execution.

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 Delivered Business Value

Successfully delivered the expected business value, meeting the client's core transformation needs.

Achieved remarkable outcomes

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