In preparing monthly portfolio reports, the PMO of an international multi-brand group used a lot of reports of various formats and from different sources.
In the absence of a central solution, data consolidation was laborious, and the final report presented to the project steering committee was at risk of being unreliable.
RADAR was deployed as a management control and reporting system company-wide to have all project data collected in one place.
Simple standardized web forms with built-in validation mechanisms were implemented to increase the quality of project status reports. The effect achieved – more accurate, complete and up-to-date reports across the enterprise.
Information submitted in individual reports, such as the monthly project status and other related matters, is used to generate portfolio reports directly in the system and almost instantly, empowering the PMO to react to and report on the latest developments in the projects in a timely manner.
The steering committee now has constant access to a big-picture overview and a clearer understanding of how individual projects progress. This enables it to make better-informed decisions as well as to identify which of the projects are most worth pursuing.
The PMO saves dozens of work hours a year.