ORTEC Consulting Group Project Portfolio Optimization

2
ADDING CREDIBILITY ORTEC Consulting Group proposition for Projects’ Portfolio Optimization Challenges Because every company has a limited budget to invest in projects, choices must be made: Which types of projects should be invested in? How should investments be allocated across interest areas and departments? Should a particular project be started? How to take into account future uncertainties? A company must continuously address such questions to help determine its short- and long-term strategies. And financially, picking the right projects can make a good year into an excellent one. Solution With a proven track record going back more than 30 years, ORTEC Consulting Group helps companies and other organizations make informed, fact-based decisions. Our consultants analyze available data, existing decision-making processes, and short- and/or long-term business priorities. To create a solution that provides you with a clear overview of the facts, figures, and KPIs. A holistic, fact-based approach that also works with uncertainty and can handle multiple criteria ensures all relevant factors are taken into account in the final portfolio decision. We use advanced analytics to enable quick, transparent decision-making with immediate feedback. Taking into account key restrictions such as available manpower, workload and budget distribution throughout the period in question. The solution is an interactive decision-support tool that makes recommendations about your ideal portfolios, helps you select projects within those portfolios, and can compare different portfolios.

Transcript of ORTEC Consulting Group Project Portfolio Optimization

Page 1: ORTEC Consulting Group Project Portfolio Optimization

A D D I N G C R E D I B I L I T Y

ORTEC Consulting Group proposition for Projects’ Portfolio Optimization

ChallengesBecause every company has a limited budget to invest

in projects, choices must be made:

Which types of projects should be invested in?

How should investments be allocated across interest

areas and departments?

Should a particular project be started?

How to take into account future uncertainties?

A company must continuously address such questions

to help determine its short- and long-term strategies.

And financially, picking the right projects can make a

good year into an excellent one.

SolutionWith a proven track record going back more than

30 years, ORTEC Consulting Group helps companies

and other organizations make informed, fact-based

decisions. Our consultants analyze available data,

existing decision-making processes, and short- and/or

long-term business priorities. To create a solution

that provides you with a clear overview of the facts,

figures, and KPIs. A holistic, fact-based approach that

also works with uncertainty and can handle multiple

criteria ensures all relevant factors are taken into

account in the final portfolio decision. We use advanced

analytics to enable quick, transparent decision-making

with immediate feedback. Taking into account key

restrictions such as available manpower, workload and

budget distribution throughout the period in question.

The solution is an interactive decision-support tool that

makes recommendations about your ideal portfolios,

helps you select projects within those portfolios, and

can compare different portfolios.

Page 2: ORTEC Consulting Group Project Portfolio Optimization

ResultsORTEC Consulting Group works with you to:

Add credibility to your business plans;

Analyze your current situation, including identifying

(potential) bottlenecks and impracticalities;

Create a user-friendly interactive environment in

which to analyze, change and compare portfolio

decisions;

Provide an overview of all relevant KPIs for your

portfolio decisions;

Help select from a large range of project proposals;

Bring together your industry’s key factors into a

decision-support model for selecting projects that

takes account of uncertainty to create robust and

reliable solutions;

Provide insights into possible efficient portfolios and

the consequences of deviating from them;

Incorporate a schedule of projects and resource

constraints over time.

Examples Calculations module

The mathematical engine behind the decision-support

process ensures all indicated constraints are addressed.

Suggested solutions are based on advanced

mathematical optimization techniques to provide the

best possible match with the identified objectives. The

module includes sensitivity analysis (e.g. “What if I get

more budget or resources?”) and takes into account

project parameter uncertainties (e.g. around actual

costs, duration or Go/No-Go likelihood) to provide a

quantified risk analysis.

Identifying the preferred portfolio — Global Analysis

This solution evaluates all efficient portfolios simul-

taneously to present insights into different portfolio

options. Using visualization, trade-offs can be analyzed

against different objectives/KPIs, including multiple

objectives such as ‘Revenue, Risk & Business Value’.

The solution also suggests for each project whether it

should Always, Sometimes or Never be selected.

Identifying the preferred portfolio — Projectwise

Analysis

This solution composes portfolios by evaluating projects

on an individual basis. It allows you to interactively build up

the portfolio based on recommendations and directions

at the portfolio (global) and project (local) levels. It allows

for quick comparisons between portfolios and visualizes

the impact of deviating from any given portfolio.

About ORTEC Consulting GroupORTEC Consulting Group is business division of ORTEC,

the world’s leading provider of advanced planning and

optimization solutions and services. ORTEC has over

1,800 customers worldwide, over 700 employees and

offices in Europe, North America, South America and the

Pacific Region.

Don’t take our word for it Other companies have discovered how ORTEC provides

the facts and insights you need to make strategic

business decisions with confidence. But don’t take our

word for it.

Get in touch at [email protected] or on

+31 88 678 32 65 to discuss your company’s specific

needs.

Or we can put you in contact with one of our other

clients to discuss the difference ORTEC has made to

their supply chain.

Objectives

ConstraintsUncertainty

Time

Portfoliodecisions

[email protected] - www.ortec-consulting.com