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Maximizing returns on strategic initiatives
Organizations are challenged with navigating constant change and transforming to remain competitive
Companies are constantly undergoing transformation to stay competitive and embrace new technologies. However, these initiatives come with risks that, if not managed effectively, can have significant consequences. Boards, executives, and risk and audit professionals are seeking answers on how to understand, manage, and help mitigate risk during transformation.
They want answers to such questions as:
- How can I mitigate business and operational risks?
- How can I understand and manage risks in to drive better accountability and efficiency?
- What specialized services can help me achieve successful outcomes?
- Can I receive assistance in enhancing my portfolio and project management capabilities?
- How can I get a holistic assessment and strategic guidance for my transformation?
- Are there methodologies and training programs available for my business?
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Enhancing value and building trust through your system
Managing Transformation Risks for Successful Outcomes
PwC's Transformation Quality and Risk Management team helps companies achieve the key business outcomes of their transformation by proactively mitigating the risks that matter most throughout the implementation lifecycle. Our team goes beyond traditional project delivery and risk management and specializes in implementing and applying methodology redesign, Agile, DevOps, data security, portfolio enhancements, operational readiness and continuous integration/continuous development working practices to help improve regulatory compliance, mitigate delivery risk and reduce release cycle times.
PwC can work with you throughout your transformational journeys so that you can reap the intended benefits of your complex transformation.
What's at stake
What is driving demand for transformation?
- Artificial intelligence
- Business model changes
- Customer experience innovation
- Cybersecurity requirements
- Delivery methodology change
- Environmental, social, governance and sustainability needs
- IT infrastructure modernization
- Merger, acquisition or divestiture
- Operating model changes
- Poor track record of delivery
- Product innovation
- PMO and governance creation
- Regulatory/GAAP changes
- Struggling or failed project
- System/technology change
“Effective risk management is the guiding force that leads to enterprise transformation success”
How PwC can help
- Project delivery and recovery
- Transformation risk and quality
- Business and operational readiness
- Portfolio, product and project enhancements
- Transformation feasibility and initiation
- Methodology redesign and upskilling
Project delivery and recovery
We are seasoned professionals in transformation delivery, committed to upholding standards so you can obtain greater efficiency throughout the lifecycle of your project. With a focus on quality and control, we aim to have each stage of the transformation process meticulously managed and tracked for optimal outcomes. Beyond simply executing tasks, we bring a wealth of experience and insight to the table, helping to streamline processes, enhance resources, and increase efficiencies. Additionally, we provide industry-leading project rescue and recovery services, offering timely interventions to help steer projects back on track and achieve transformation success.
Transformation risk and quality
We can provide an independent and proactive view of transformation risks to help drive accountability, quality and efficiency into project delivery practices. Our role is to uphold focus on critical success factors, promote transparency and accountability. Leveraging our industry-leading knowledge and tools, we work alongside clients and/or integration teams to serve as an early warning mechanism for emerging risks, offering practical recommendations to help prevent common transformation pitfalls and costly rework.
Business and operational readiness
We empower organizations with the tools and confidence to effectively mitigate business and operational readiness risks throughout transformation initiatives, facilitating seamless operations from the start so we can reach stabilization as efficiently as possible. We provide key stakeholders with an impartial view of ongoing business readiness efforts, helping identify gaps and opportunities that are crucial for program success. Our structured framework helps create holistic integration of business involvement throughout the project and transformation lifecycle so we can proactively mitigate business, operational and reputational risks.
Portfolio, product and project enhancements
We specialize in enhancing organizational portfolio, product and project management practices by conducting thorough assessments to help identify gaps and opportunities for enhancement. Through targeted strategies and tailored interventions, we work closely with your team to implement changes that help drive efficiency and support strategic goals. Our focus is on delivering measurable value and positioning your organization for long-term success in today's competitive landscape.
Transformation feasibility and initiation
Our transformation delivery specialists offer holistic support in establishing your transformation initiatives. From the initial stages of business case development to conducting thorough feasibility assessments and assisting with vendor and software selection activities, we help guide you through each step of the process. Our approach emphasizes meticulous up-front planning and consideration by confirming that critical risks are mitigated, and each aspect of your initiatives are carefully addressed and set a solid foundation for success.
Methodology redesign and upskilling
We enhance project management and software development practices with customized methodology redesign and upskilling programs. Our tailored approaches, tools, and training instill confidence in leaders that organizational standards align with heightened regulatory, and compliance demands across the Software Development Life Cycle (SDLC) and project delivery life cycles. This empowers teams to boost efficiency, effectiveness, and helps mitigate delivery risks to deliver successful project outcomes.
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