Utilities
Product & Project Management
Transmission & Distribution PMO for Power/Utility
- Operator and co-owner of the largest nuclear plant and generator of carbon-free electricity in the US
- 130+ years in business
Business Need
- Cost control support for Transmission & Distribution PMO’s Portfolio Management & Controls group
- Best practices, techniques, and tools for project planning, execution, project management, deliverable tracking, communication, and KPIs
- Partner with financial organization to quantify project benefits, enabling project objective evaluation against company objectives and aiding project approval decision-making
- Monitor and report status of milestone schedules, commitments, and financial constraints
Challenge
- Unable to monitor or analyze project budgets (planning, controls, forecasting) accurately
- Lack of reporting from development to completion
- Lack of KPIs and measurements of business initiatives
- Strengthen compliance with project management and financial processes and procedures
Solution & Results
- Implemented best practices, tools, and techniques, supporting 150+ funded T&D projects and 400+ work orders
- Managed $350M+ forecasted cost for multi-year workstreams, accounting for 45% of portfolio
- Prepared program metrics and reporting to promote transparency in understanding of the portfolio demand and overall health
- Eliminated up to 50% of overspend risk in year one; analyzed and evaluated operational metrics to measure success, adherence, and execution health against baseline plans, scope, and budget
- Worked with PMO staff to resolve deficiencies and ensured data quality by monitoring and overseeing real-time system performance