Projecting Success helps organisations to improve their portfolio, programme and project (P3) productivity and competitiveness by identifying, analysing, challenging and improving lessons identified through the course of P3 delivery. By combining industry leading toolsets and methodologies with a unique dataset of over 10,000 lessons, we provide a capability to transform how lessons are prioritised, managed and exploited.
By correlating these lessons with risk, cost and project performance data we will develop the capability to predict future P3 performance, helping organisations to challenge bias and inform decision making.
We have big dreams and are driven by Our ultimate objective is to develop this capability as part of an AI toolset to help leadership to make evidence based decisions, help to manage complexity and drive successful outcomes.
There is a rich seam of research that helps to explain why lessons don’t stick. Much of this is about being able to process the knowledge, relate to it, motivate individuals to apply it and understand the cause and effect. For example, we all know that stakeholder management is important, but do we really understand the consequences if we get it badly wrong. History provides us with examples of projects where costs have escalated by $millions because of a failure to grasp the fundamentals, but we don’t always take time to understand them. History also provides us with examples of where it has gone well and what good practice looks like. We’ll help you to identify and apply these insights.
- An industry leading dataset of lessons, integrated into a data model using the very latest in graph based data analytics tools. This enables us to identify and extract evidence based insights, correlations and insights that wouldn’t previously been possible.
- By pooling this data and insights we should be able to develop a crystal ball to help predict future lessons, or as a minimum, identify key areas of focus.
- Deep experience of trying to implement lessons learned and realising that it’s a very difficult recipe to get right. For us, the key elements are senior leadership/vision, the quality of the input data, pooling data to identify trends and insights, segmenting lessons according to the exploitation route and identifying actionable insights.
- Implementing a knowledge management approach aligned to the segmentation of lessons. For example, we have learned that there is little benefit to be gained by trying to implement more and more guidance, forums and insights on risk management when the issue is about priorities and the motivation to conduct effective risk management, rather than a lack of technical competence.
- Data integrity and security is incredibly important to us. Without it, we wouldn’t be able to operate.
- We segment our dataset based upon publically available data, data that stakeholders are willing to share and data that must be protected. In these instances, we roll up the data to provide insights and trends, but the nature of the lesson, its origin and specifics remain confidential and only releasable to the company who shared it with us.