Project Management Case Studies

Project Management Methodology: A Critical Tool for Project Success

Industry: Financial & Professional Services

This financial services firm is known globally for its electronic transaction processing services. Their project office was faced with increasing demands from senior management to accept financial accountability for strategic cross-functional projects. Staffing constraints and the lack of a project management (PM) methodology made it difficult to comply.

Critical Issues

• Complex projects
• Interdependencies between projects and functional departments
• Duplicate work and poor department handoffs
• New technology

Solution/Results

Novations was selected to develop a PM methodology for implementation enterprise-wide that would integrate with the client's current software and application development processes. To ensure application and user buy-in organization wide, the approach started with the analysis of PM requirements for each group within the company and a review of current processes and PM documentation. Further feedback was gathered from key leaders of each group.

The final solution offered a standardized and scaleable process for integrating critical requirements from each department and incorporated project management best practices. The methodology was applied throughout the organization to address the critical issues and improve project outcomes. Given the success of this implementation, the company continues to partner with Novations to address their strategic cross-functional project needs.

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