Digital project management solutions can reduce manually intensive effort and help de-risk project delivery. There are a number of options available in the marketplace with end-to-end project management capabilities, including EY’s Transformation Delivery Activator (TDA) solution. However, prior to selecting the right solution, it is crucial to establish the foundations for success by building effective project delivery management capabilities within your organisation.
Typically, this involves the following:
- Having a clear vision in place at the portfolio level with clear traceability through to project objectives.
- A coherent and consistent way of governing the projects across the portfolio.
- A structured yet flexible method for delivering projects that project managers can easily access and engage with.
- Consistent tools and templates across key disciplines such as project reporting and planning.
Once these foundations are set it will be possible to accurately define PMO technology requirements to expedite the realisation of project benefits within your organisation.
The need to act now.
The pace of technological advancement and disruption has never been greater and business transformation is no exception. The application of generative AI to project management tooling offers significant potential in the areas of risk identification and mitigation, interdependency management and governance. We recommend establishing effective project delivery management capabilities and embracing a PMO technology solution now so your organisation is set up to deliver faster, smarter, more efficient projects into the future.
In response to the need for an accessible solution to accelerate transformation programmes, EY have developed our own technology solution, TDA. TDA brings together best in class project management practices in an environment which supports accelerated delivery, enabling organisations to create value by shifting away from manual processes.
EY are here to help you identify the key areas you need to focus on to find the right PMO technology solution for your organisation.
