Transformative Leadership Sets Financial Services Enterprise PMO on Fast Track to Strategic Value
For this privately held financial services company, a compelling journey of business transformation started with a good read.
Accident Fund’s Award-Winning PMO Puts Processes Before Tools in Implementing Project Portfolio Management
VSI Technologies used its PPM Maturity and Project Management Maturity Models to develop an improvement roadmap that included a number of specific recommendations from a project management governance perspective. Established PPM processes that helped eliminate approximately 100 non-value-adding projects, led to the successful implementation of a PPM tool, and won the company national acclaim – all in under three years.
Automotive Manufacturer Slashes HR Service Costs by 66% in Just Seven Months
For a multi-billion dollar world leading automotive component manufacturer, VSI Technologies provided two world-class Program Managers to turn around and recover a Human Resources (HR) troubled initiative. The veteran consultants reset client/vendor requirements, milestones, resource projections, estimates, and delivery targets. Within seven months of program completion, HR expenses were reduced from $20 million to $6.8 million per year.
Claims Management Company Successfully Completes Massive M&A Initiative Using Best-Practice Project and Program Management
The company grew dramatically by successfully integrating more than 10,000 new customers, opening two additional call centers, and doubling the number of claims serviced — while meeting program deadlines, contractual obligations, and increasing revenues by over 30%.
Fast-Track PMO Implementation Rescues Troubled Projects and Improves Customer Satisfaction
For one of the largest privately-held staffing companies in the United States: VSI Technologies implemented a fully-functional PMO including Project Portfolio Management tools after an unsuccessful first attempt at implementing a PMO on behalf of the Company. Value Delivered: The resulting visibility into projects allowed the client to recover 100% of the troubled projects in a portfolio valued at approximately $13M, while significantly improving project manager morale as well as project performance and customer satisfaction.
Improvements in Project and Portfolio Management Yield Immediate Returns
Dramatic increases in project execution capabilities and productivity resulted in $900,000 of operational cost avoidance during the current budget year.
Project Management Maturity Practices Yield Improved Operational Efﬁciencies
For a multi-billion dollar strategy and technology consulting firm: VSI Technologies performed a project management maturity assessment, delivered an implementation plan to improve maturity, provided portfolio management consulting and project management training, and performed a re-assessment to gauge improvement over a three-year period. Value Delivered: Overall process maturity improved by 40%.
New Manufacturing Facility Goes Online in Record Time
VSI Technologies is providing project and program management to bring a state-of-the-art, $60 million dollar manufacturing facility online and fully operational in record time. Value Delivered: The facility was operational in just 12 months, allowing the client to realize 33% of their project return seven months ahead of schedule.
Program Meets Regulatory Requirements Ahead of Schedule and Under Budget
VSI Technologies provided program management of a product reformulation initiative that affected $260 million (Net Sales Value) worth of products driven by regulatory compliance. Value Delivered: The program was completed six months ahead of schedule and $2 million under budget.
- Agile (2)
- Cost Reduction Initiatives (1)
- Data Center Consolidation (1)
- High-risk Capital Initiatives (1)
- Infrastructure Program Management (1)
- Manufacturing Facility Operations (1)
- Mentoring (11)
- Methodology (3)
- New Product Development (1)
- Organizational Change (5)
- PMO Assessment (1)
- PMO Deployment (3)
- Process Improvement (6)
- Program & Portfolio Management (9)
- Project Audits (1)
- Project Management Training (7)
- Regulatory Compliance (1)
- Resource Management (2)
- Strategy Execution (1)
- Systems Integration Deployment (1)
- Troubled Project Recovery (4)
- Vendor Management (2)