Acquity Group wins award for role in helping George Washington University establish a formal portfolio management office using Hewlett-Packard's PPM solution.
Acquity Group, a provider of consulting services and digital solutions, recently partnered with George Washington University's IT department to establish a formal portfolio management office that utilizes the Hewlett-Packard (HP) Project and Portfolio Management solution. GWU had encountered significant challenges with the informal process of prioritizing initiatives, which limited work project visibility, standardization and consolidation of project management tools.
Acquity Group determined the best strategy to approach George Washington University’s business and technology needs by focusing on increased PMO control and visibility. The team implemented specific controls that included a standardized project and proposal workflow, and electronic forms to capture data as it passed through the project and proposal phases.
The approach allowed the university to benefit almost immediately from better project visibility, improved IT governance, and greater team collaboration. With a sound PPM strategy, the university was able to better capture its IT portfolio in real time, thus allowing for increased communication among the various IT departments.