Project value management in Komer ční banka(summary)

PROJECT MANAGEMENT DAY

Prepared by: Jiří Petržilka, Head of Project Portfolio Management, Komerční banka

Date: 15 June, 2010

AGENDA

What will be covered today?

� Project initiation in KB� How to say NO to projects?� How can project controlling support Project decisio n making processes?

2 Project value management in KB, PROJECT MANAGEMENT DAY, 15 June, Praha

What I am NOT going to say?

Project portfolio management ensures that only proj ects with the highest value for KB are started.

3 Project value management in KB, PROJECT MANAGEMENT DAY, 15 June, Praha

In order to prepare an efficient discussion on the prioritization workshops each project is scored from 3 perspectives. The pri ority scorecard model enables comparing different types of projects toget her.

Value of the

Contribution to KB strategic objectives

1/3

1. Capture of new commercial opportunity

2. Enhancement of operational and commercial efficienc y

3. Mitigation of the risk exposure

4. Infrastructure for future corporate growth

4 Project value management in KB, PROJECT MANAGEMENT DAY, 15 June, Praha

Value of the project

Financial impactRisk if not realized

1/31/3

1. Net present value

2. Payback1. Financial impact if the investment is not realized

2. Probability of risk occurrence

Projects are ranked according to the scores calcula ted. Projects are ranked according to the scores calcula ted. However the Project Priority Scorecard is used However the Project Priority Scorecard is used onlyonly as a supporting tool.as a supporting tool.

How to say NO to projects?

cycl

e

5 Project value management in KB, PROJECT MANAGEMENT DAY, 15 June, Praha

Pro

ject

life

-cyc

le

Project controlling supports decision making processes during the whole project life-cycle.

� Project KPIs definition and validation

� Project business case validation

Project initiation Project running

� Project phasing approval preparation

� Benefit measurement fine-tuning

Project closure Project operation

� Project evaluation� Objectives� Time� Budget� Workload� Business case revision

� Lessons learned

� Benefits measurement

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� Benefits definition and measurement preparation

� Project GO/NOGO decisions proposals

� Project status indicators consolidation

� Budget� Scope & project planning� Workload� Risk management� Monthly status project report

� Regular project portfolio performance analyses

� Lessons learned

Measurement → ManagementNote: Some samples see in wrap up

CONCLUSIONS

7 Project value management in KB, PROJECT MANAGEMENT DAY, 15 June, Praha

PROJECT BUSINESS CASE OVERVIEW

Detailed figures enclosed in Project Business Case

INDICATOR Figures in [Th.CZK] or [MDs], if not stated otherwise;last available values at the moment

Total Costs (5years after project start) 0 Est 0 0 0

Total Project Costs 0 Est 0 0 0

Project Definition Phase costs 0 Real 0 0 0

Solution Design Phase costs Plan 0 0 0

Implementation phase cost (excl. RecOPEX 1stY) Est 0 0 0

Total Recurring costs (5 years after proj.s tart) 0 Est 0 0 0

Passing IF����PD

DATE

0

Project Closure

DATE

Passing PD ����SDPassing SD����IM

DATE DATE

WRAP UP

8 Project value management in KB, PROJECT MANAGEMENT DAY, 15 June, Praha

Total Recurring costs (5 years after proj.s tart) 0 Est 0 0 0

Total Benefits (5 years after project start) 0 Est 0 0 0

Pay Back Period (in years) 0 Est 0 0 0

Net Present Value (5 year period after proj.start) 0 Est 0 0 0

Project Production Date DATE Est DATE DATE DATE

Total effort (5year after proj.start) X Est 0 0 0

Project effort 0 Est 0 0 0

Project Definition Phase effort 0 Real 0 0 0

SD+IM phases effort (internal + external) 0 X X X

Solution Design Phase effort X Plan 0 0 0

Reccuring effort (5 years after project start) X Est 0 0 0

BENEFITS TYPOLOGY WRAP UP

9 Project value management in KB, PROJECT MANAGEMENT DAY, 15 June, Praha

A

C

B

Benefits Measurement Definition - sample

Benefits Description

Benefits Measurement

WRAP UP

10 Project value management in KB, PROJECT MANAGEMENT DAY, 15 June, Praha

A

C

B